Three-year extension for Subsea 7 in the North Sea arrangement.

Subsea 7 has secured a three-year extension of services with the following North Sea clients: Chevron North Sea, Dana Petroleum (E&P), Hess Denmark, Nexen Petroleum U.K., Repsol Sinopec Energy UK, Shell UK, and TAQA Bratani, for up to 50 offshore facilities. This agreement will improve efficiency through sharing of services ranging from inspection, repair and maintenance, construction and decommissioning.