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Subsea7 Wins Sizeable Contract For Who Dat East Development
Source: Nasdaq
Company FundamentalsInfrastructure & DefenseCorporate Earnings
Subsea7 was awarded a sizeable contract by LLOG Exploration (a Harbour Energy subsidiary) for the Who Dat East development in the U.S. Gulf of Mexico. The announcement is incrementally positive for near-term fundamentals via new backlog/supporting revenue visibility, though the article provides no deal value or margin details.
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