Subsea7 has secured a major contract it was targeting in 2023 with an ultra-deepwater umbilicals and flowlines package worth more than US$750 million.
The Oslo-listed company did not disclose the project name and client.
In its first quarter report last month, Subsea 7 chief executive John Evans said the most active market for tendering was Brazil "where we're hoping to win one major project this year".
