Subsea 7 Orders New Heavy Construction Vessel
08 May 2013 - 4:57PM
Dow Jones News
By Dominic Chopping
Norwegian seabed-to-surface engineering contractor Subsea 7 S.A.
(SUBC.OS) said Wednesday it has ordered a new heavy construction
vessel which will be delivered in 2016.
MAIN FACTS:
-The new vessel will be deployed globally to meet increasing
market demands for executing ever-larger and more complex
projects.
-Hyundai Heavy Industries Co Ltd (009540.SE) will build the new
vessel.
-The main crane and the vertical lay system will be provided by
Huisman.
-Shares closed Tuesday at NOK127.80, valuing the company at
NOK44.96 billion.
-Write to Dominic Chopping at dominic.chopping@dowjones.com;
Twitter: @DowJonesNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Subsea 7 (PK) (USOTC:SUBCY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Subsea 7 (PK) (USOTC:SUBCY)
Historical Stock Chart
From Jul 2023 to Jul 2024