Shell Extends Underwater Services Contracts with Subsea 7

Subsea 7 S.A.  announced today the extension of both of its Underwater Services Contracts (USC) by Shell Upstream International Europe. The extension of both contracts will start in 2014 and continue until at least 2016. The extension in aggregate is worth approximately $360 million.

Under these contracts Subsea 7 will continue to provide subsea construction, inspection, repair, maintenance and decommissioning services across Shell’s European offshore fields and facilities.

 
November 27, 2012