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Subsea 7 gains $240m extensions

Oslo-listed specialist Subsea 7 has gained a pair of two-year extensions worth $240 million from Anglo-Dutch supermajor Shell on two underwater service contracts off the UK.

Shell renewal: Seven Atlantic, above, to work on UK offshore assets under service contract extension
Shell renewal: Seven Atlantic, above, to work on UK offshore assets under service contract extension
Published 2 March 2015, 09:42Updated 2 March 2015, 09:52