OB:SUBCEnergy Services
The Bull Case For Subsea 7 (OB:SUBC) Could Change Following Landmark Aramco Offshore Contract Win
Subsea 7 announced in September 2025 that it secured a major EPCI contract with Aramco for offshore facilities in Saudi Arabia, covering 106 kilometres of pipelines, topside modifications, and hook-up activities, with offshore execution planned for 2027 and 2028.
This contract, valued between US$750 million and US$1.25 billion, provides significant long-term project visibility and underscores the ongoing demand for large-scale offshore infrastructure solutions.
We'll now consider how this...