Subsea 7 has disclosed a strategic long-term deal with its North Sea partners while it continues its bond spending spree.

The offshore vessel owner signed a three-year agreement with six clients for the provision of diving support vessel (DSV) services and project management in the North Sea.

Subsea put pen to paper with some big names including Chevron North Sea, Dana Petroleum, Hess Denmark, Nexen Petroleum, Talisman Sinopek Energy UK and TAQA Bratani.

Phil