Subsea 7 wins $360 million Shell contract
A Shell logo is seen at a petrol station in Ankara March 6, 2012.
Credit: Reuters/Umit Bektas
OSLO |
OSLO (Reuters) - Norwegian oil services firm Subsea 7 (SUBC.OL) won a $360 million (224 million pounds) contract extension from Shell (RDSa.L) for work between 2014 and 2016, it said on Tuesday.
Under the deal, Subsea 7 will continue to provide subsea construction, inspection, repair, maintenance and decommissioning services across Shell's European offshore fields and facilities, the firm said.
(Reporting by Balazs Koranyi)
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