Subsea7 could be in line for a payday in a new deal with Equinor.
The Kristian Siem-backed offshore vessel owner said it has signed a contract with the Norwegian state-backed oil giant for work on the Fram Sor oilfield, 70 km northwest of Bergen.
Oslo-listed outfit could add $300m to its contract backlog if option exercised
Subsea7 could be in line for a payday in a new deal with Equinor.
The Kristian Siem-backed offshore vessel owner said it has signed a contract with the Norwegian state-backed oil giant for work on the Fram Sor oilfield, 70 km northwest of Bergen.