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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
08/30/201603:04:00Statoil Slashes Project Spending -- WSJ
08/29/201621:10:00Companies' Report on Brazil Dam Failure Adds Little New on Causes
08/29/201604:40:00Statoil Recalibrates Giant North Sea Project to Save Billions...
08/29/201604:09:00Statoil to Cut Costs, Raise Output at Giant North Sea Oil Project...
08/25/201603:03:00Oil Firms Binge on Debt -- WSJ
08/24/201617:12:00Largest Oil Companies' Debts Hit Record High -- Update
08/24/201605:59:00Largest Oil Companies' Debts Hit Record High
08/02/201615:00:00Executives at Riverstone on Hook to Return More Than $300 Million...
07/30/201603:02:00Oil Price Retreat Slams Producers -- WSJ
07/29/201615:21:00Low Crude Prices Hammer Big Oil Companies -- Update
07/29/201612:30:00Low Crude Prices Hammer Big Oil Companies
07/29/201612:11:00Low Crude Prices Hammer Big Oil Companies
07/29/201605:30:00Italy's Eni Posts Loss on Weak Oil Price
07/29/201603:03:00Crude Slump Weighs On Oil Firms' Earnings -- WSJ
07/28/201610:52:00Oil Price Rout Casts Shadow Over Earnings in Energy sector
07/27/201605:50:00Statoil Cuts Spending After Posting a Net Loss
07/26/201618:05:00ADRs End Higher; Telecom Italia, Tim Participacoes Rise
07/26/201608:48:00BP Suffers Third Straight Quarterly Loss -- 2nd Update
07/26/201604:11:00BP Suffers Third Straight Quarterly Loss -- Update
07/26/201603:30:00BP Posts Loss of $2.25 Billion

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