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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 [email protected]; Twitter: @WSJNordics Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Bp (BP)
DateTimeHeadline
02/16/201717:39:00ADRs End Mixed; Vedanta Rises
02/16/201716:58:00ADRs End Mostly Up; Shire Trades Actively
02/09/201702:53:00BHP Billiton Board Signs Off on Investment in BP's Mad Dog Project
02/07/201712:02:00BP Needs Oil to Rise to $60 to Break Even -- 5th Update
02/07/201708:49:00BP Reports Another Annual Loss Amid Low Oil Prices -- 4th Update
02/07/201706:31:00BP Reports Another Annual Loss Amid Low Oil Prices -- 3rd Update
02/07/201704:18:00BP Earnings Fall for Second Consecutive Year -- Update
02/07/201703:02:00BP Earnings Fall for Second Consecutive Year
01/29/201707:29:00Oil Firms Plot Sharply Divergent Spending Paths
01/24/201702:59:00BP to Sell 25% of Magnus Oil Field, Associated Pipeline Infrastructure...
01/23/201710:33:00BP's Thunder Horse South Expansion Launches Ahead of Schedule...
01/20/201718:00:00ADRs End Higher; Airlines Rise
01/20/201710:09:00Higher Oil Prices Put Smiles on the Faces of Energy Executives...
01/20/201709:01:00Energy Executives at Davos Upbeat After Two-Year Price Rout
01/18/201717:36:00ADRs End Lower; Pearson Plummets
01/17/201717:47:00ADRs End Lower; Infosys Falls
01/17/201714:01:00Correction to BP CEO Story on Recent Deals
01/17/201707:25:00BP CEO: Recent Deals Reflect Disciplined Investment Strategy
01/17/201707:00:00Rex Energy Announces Two-Year Financial and Operational Plan...
01/09/201700:29:00Politico Veteran's News Venture Axios Aims to Fix Advertising

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