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Subsea 7 SA (OTCPK:SUBCY) Q1 2022 Earnings Conference Call April 28, 2022, 07:00 ET Company Participants Katherine Tonks - Head, IR John Evans - CEO Mark Foley - CFO Conference Call...
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Subsea 7 defines a 'substantial' project as being worth between $150 million and $300 million.
The deals, which will be recorded in backlog in the fourth quarter, have a combined value of between $500 million and $750 million.
Subsea 7 has announced a very large1 award by Petrobras for new long-term day-rate contracts for the pipelay support vessels (PLSV) Seven Waves, Seven Rio and Seven Sun. The contracts will be recorded in backlog in the fourth quarter.. Read more here.