Friday, July 4, 2008

Subsea 7 announces major contract in Africa

Subsea 7 has been awarded its largest contract to date in Africa.
The contract is a framework agreement with call-off services in support of a major development program in offshore West Africa. Subsea 7 has signed the first call-off contract under the frame agreement with an estimated value of US$460 million. The services will primarily be performed using Subsea 7's new build flexible pipe lay and construction vessel, the ‘Seven Seas'. Subsea 7 is a global offshore company with operations supported out of the North Sea, Africa, Brazil, North and Central America and Asia.
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