SLB OneSubsea And Subsea7 Awarded Integrated Contract For OKEA's North Sea Bestla Project; Financial Terms Not Disclosed
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SLB OneSubsea and Subsea7 have been awarded an integrated contract for OKEA's North Sea Bestla project. The financial terms of the contract were not disclosed.
May 07, 2024 | 1:13 pm
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SLB OneSubsea, a division of SLB, along with Subsea7, has been awarded a contract for the North Sea Bestla project by OKEA. The lack of financial details makes the immediate financial impact unclear, but the contract win is positive news.
Winning a contract typically signals positive future revenue potential and strengthens the company's market position. However, without financial terms, the direct financial impact is uncertain, though generally positive.
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