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Subsea 7 (OTC:SUBCY) reported quarterly earnings of $0.85 per share which beat the analyst consensus estimate of $0.61 by 39.34 percent. This is a 88.89 percent increase over earnings of $0.45 per share from the same
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Subsea 7 has been awarded a sizeable contract (valued between $50-150 million) by Brunei Shell Petroleum for subsea installation work on a Pipeline Replacement Project offshore Brunei. The contract includes EPCI of subsea pipeline and riser systems in water depths up to 50 metres, with project management commencing from Subsea 7's Kuala Lumpur office.
Read original at globenewswire-incSubsea 7 (OTC:SUBCY) affirms FY2026 sales outlook from $7.400 billion-$7.800 billion to $7.400 billion-$7.800 billion vs $7.638 billion estimate.
Read original at benzinga