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Subsea7 awarded substantial contract

Subsea7 today announced the award of a substantial1 contract. The project involves the engineering and offshore installation of flexible pipe, umbilicals, subsea equipment and a mooring system.

Project management and engineering activities will begin immediately at Subsea7's office in Houston, Texas, with offshore operations expected to start in 2027. No additional details will be provided at this time.

1  Subsea7 defines a substantial contract as being between $150 million and $300 million.