Oslo-listed Subsea 7 has secured another contract from Saudi Aramco for work on the offshore Marjan project as the UK-based contractor announced the impending exit of its chief executive.
The company has been awarded a “large” engineering, procurement, construction and installation contract, worth between $300 million and $500 million, in a consortium with L&T Hydrocarbon Engineering, a subsidiary of India’s Larsen & Toubro.
