Brazil deal worth £229m
Offshore engineering firm Subsea 7 said yesterday it had won a deal with Brazil’s Petrobras worth more than £229million.
Offshore engineering firm Subsea 7 said yesterday it had won a deal with Brazil’s Petrobras worth more than £229million.
Workers at offshore engineering firm Subsea 7 could go on strike within weeks over a pay and benefits dispute in Norway.
Senior figures in the North Sea oil and gas industry were divided over the potential impact of an EU withdrawal.
Offshore engineering firm Subsea 7 said yesterday it had signed an £85million deal which would secure more than 300 north and north-east jobs.
Subsea 7 has announced a £224million deal with Shell Upstream International Europe, which will keep 450 people in work.
International offshore engineering firm Subsea 7, which has bases in the north and north-east, said yesterday its outlook in 2013 would be tempered by delays in project awards this year and by bottlenecks in the supply chain.
Offshore engineering firm Subsea 7 has signed a £185million contract extension with BP for work west of Shetland.
High activity levels across the North Sea helped offshore engineering firm Subsea 7 post a jump in revenue and profits in the first half of this year.
DEGREE-level education aimed at boosting skills in energy in the east of England has long been an aspiration - but not for much longer.