CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Subsea7 wins $150 million-$300 million contract from Aker BP offshore Norway

By Public Technologies
  • Subsea7 won a substantial contract from Aker BP for the Lyra field development offshore Norway.
  • The scope covers engineering, procurement, construction and installation of pipelines and associated subsea infrastructure.
  • Offshore operations are scheduled for 2026, 2027 and 2028, with first oil targeted in 2028.
  • Lyra will connect to the existing Gjøa platform through NOVA field infrastructure.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Subsea 7 SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611020200OMX_____CNEWS_EN_GNW1001301114_en) on November 02, 2026, and is solely responsible for the information contained therein.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk