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Subsea 7 Gets $160 Million Contract in Gulf of Mexico

By Dominic Chopping Norwegian seabed-to-surface engineering contractor Subsea 7 S.A. (SUBC.OS) Thursday announced the award of a three-year $160 million contract extension by BP Exploration & Production Inc. for light subsea construction, inspection, repair and maintenance services in the US Gulf of Mexico. MAIN FACTS: -The contract will run from the second quarter 2014 to the third quarter 2017. -Shares closed Wednesday at NOK118.90, valuing the company at NOK41.83 billion. -Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Bp (BP)
DateTimeHeadline
05/27/201616:52:00Big Oil Companies Stay Shy Despite Upswing in Prices
05/25/201617:00:00Exxon, Chevron Shareholders Reject Climate-Change Stress Tests
05/19/201613:41:00Business Watch
05/19/201605:44:00BP Sells 11.5% Stake in Castrol India for Undisclosed Sum; Still...
05/19/201603:05:00BP to Raise GBP400 Million of New Debt Financing for General...
05/17/201618:43:00ADRs End Lower; NQ Mobile Rises
05/17/201614:31:00Construction Begins on Trans Adriatic Gas Pipeline
05/17/201613:48:00BP Head Of Exploration Richard Herbert Departs -- Update
05/17/201613:10:00Top BP Executive Departs
05/17/201613:00:00BP Head Of Exploration Richard Herbert Departs
05/16/201603:37:00BP Doubles Interest in North Sea Culzean Field Development
05/10/201614:10:00Advisory Firm Urges Shell Shareholders to Reject Pay Package
05/10/201606:10:00Oil Prices Rise, Supply Outages in Focus
05/05/201614:10:00BP to Open Iran Office, Iranian Firm Says
05/05/201613:59:00BP to Open Iran Office in Summer, Iranian Oil Firm Says -- Update
05/05/201611:48:00BP to Open Office in Iran in Summer, says NIOC
05/03/201621:30:00BHP, Vale Face $44 Billion Lawsuit Over Brazil Dam Disaster
04/29/201608:40:00Oil Companies Begin to Benefit From Cost Cuts
04/28/201603:15:00John Wood Group Secures $500 Million Services Contract
04/27/201603:03:00Huge Oil Spill From 2010 Still Shadows BP -- WSJ

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