Subsea 7 expects more work in coming months

Offshore company Subsea 7 reports of an improved market in the first quarter, and the British company expects more orders out for tender in coming months.

BY DANIEL LOGAN, SHIPPINGWATCH

Offshore installation company Subsea 7 pulled the bottom line into the black in the first months of the year, and the company sees an improved market with more orders out for tender in coming months.

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