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Subsea 7 SA (SUBC.OL)

SUBC.OL on Oslo Stock Exchange

128.20NOK
3:25pm BST
Change (% chg)

kr-2.50 (-1.91%)
Prev Close
kr130.70
Open
kr129.05
Day's High
kr130.30
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kr126.95
Volume
2,351,679
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2,229,975
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kr143.30
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Wed, May 9 2018

NORWEGIAN STOCKS-Surge in oil price takes Oslo to all-time high

OSLO, May 9 (Reuters) - * Norwegian shares traded up on Wednesday * Oslo's benchmark index rose 0.23 pct, or 2 points, to all-time high of 877.29 points and was up by 7.47 pct year-to-date * The broader Oslo All Share Index was up 0.47 percent * Brent crude futures, a trigger for the oil heavy Oslo Bourse, rose $2.1 to $76.95 a barrel * Oil soars as U.S. President Donald Trump dumps Iran nuclear deal * Among the biggest firms on the Oslo Bourse, Statoil rose 2.07 pct, Telenor fell 1.38 pct and D

McDermott, Chicago Bridge & Iron shareholders approve merger

HOUSTON McDermott International shareholders on Tuesday approved a merger with Chicago Bridge & Iron Co that creates a vertically integrated onshore and offshore engineering and construction company, thwarting an attempt by offshore drilling contractor Subsea 7 to block the deal.

UPDATE 2-McDermott, Chicago Bridge & Iron shareholders approve merger

HOUSTON, May 2 McDermott International shareholders on Tuesday approved a merger with Chicago Bridge & Iron Co that creates a vertically integrated onshore and offshore engineering and construction company, thwarting an attempt by offshore drilling contractor Subsea 7 to block the deal.

BRIEF-Subsea 7 withdraws bid for McDermott

* IN LIGHT OF THIS VOTE, SUBSEA 7 CONFIRMS THAT PROPOSAL MADE TO MCDERMOTT'S BOARD OF DIRECTORS ON APRIL 17 AND PUBLISHED ON APRIL 23 IS NO LONGER VALID

CORRECTED-McDermott shareholders vote for merger with CB&I

HOUSTON, May 2 McDermott International shareholders on Tuesday voted in favor of a merger with Chicago Bridge & Iron Co, thwarting an attempt by offshore drilling contractor Subsea 7 to block the deal.

BRIEF-Aker Solutions CEO: Tie-up of Subsea 7 and McDermott would reduce competition

April 27 The CEO and the CFO of Aker Solutions ASA made the following statements on Friday:

BRIEF-Subsea 7 ready to talk whenever McDermott's board is able to-CEO

April 26 Subsea 7 SA told analysts and reporters on Thursday:

UPDATE 1-Subsea 7 trades downs as Q1 lags

OSLO, April 26 Offshore oil services firm Subsea 7 posted first-quarter results that missed expectations due to lower activity but maintained its outlook for the year, sending its shares lower.

Subsea 7's Q1 lags, repeats guidance

OSLO, April 26 Offshore oil services firm Subsea 7 posted first-quarter results that missed expectations due to lower activity but maintained its outlook for the year, sending its shares lower.

Subsea 7 says could change offer if McDermott cooperates

OSLO Norwegian offshore oil services firm Subsea 7 is open to potentially sweetening its $2 billion (1.43 billion pounds) offer for McDermott if the U.S. company would work with it to identify additional benefits of a deal, Subsea said on Wednesday.

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