Fossil Energy – Subsea7
Subsea7 today announced receipt of a client recommendation to execute, subject to consortium partners’ approval, a contract which will be recorded in the Subsea and Conventional business unit’s backlog in the third quarter 2023.
![](https://ocean-energyresources.com/wp-content/uploads/2023/09/subsea-1024x574.jpg)
Consortium approval is expected in the fourth quarter 2023.
No further details are disclosed at this time due to contractual obligations.