Luxembourg - 11 December 2024 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial 1 contract for a subsea tieback development in the US Gulf of Mexico. Subsea7's scope of work includes the engineering, procurement, construction, and installation (EPCI) of subsea equipment, including structures, umbilicals, production risers, and flowlines. Project management and engineering work will start immediately at Subsea7's office in Houston, Texas, with offshore activities expected to begin in 2026. Craig Broussard, Senior Vice President of Subsea7 Gulf of Mexico, said, " We are proud to be part of this high-pressure deepwater subsea tieback development. This project builds on our strong track record of successfully delivering oil and gas projects in the deepwater Gulf of Mexico .” Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry's partner and employer of choice in delivering the efficient offshore solutions the world needs. Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62. ******************************************************************************* Contact for investment community enquiries: Katherine Tonks Investor Relations Director Tel +44 20 8210 5568 [email protected] Contact for media enquiries: Ashley Shearer Communications Manager Tel +1-713-300-6792 [email protected] Forward-Looking Statements: This document may contain 'forward-looking statements' (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as 'anticipate', 'believe', 'estimate', 'expect', 'future', 'goal', 'intend', 'likely' 'may', 'plan', 'project', 'seek', 'should', 'strategy' 'will', and similar expressions. The principal risks which could affect future operations of the Group are described in the 'Risk Management' section of the Group's Annual Report and Consolidated Financial Statements. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercially viability of suitable alternative vessel fuels; and (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 11 December 2024 at 23:25 CET. Attachment SUBC Gulf of Mexico Dec 2024Ange Postecoglou has said the Tottenham squad still support his attacking philosophy and backed them to turn their season around after losing 4-3 to Chelsea on Sunday. Spurs were 2-0 up after 11 minutes through goals from Dominic Solanke and Dejan Kulusevski but were unable to halt Chelsea's stirring comeback as Jadon Sancho 's first-half strike and Cole Palmer 's 61st-minute penalty levelled the scores. Editor's Picks Spurs' Postecoglou has 'no interest' who backs him 2d ESPN Ange: Spurs eye signing amid Richarlison absence 4d James Olley Premier League Top 50 returns: In our final ranking of 2024, is Salah, Haaland or Palmer top? 2d Ryan O'Hanlon Enzo Fernández then put the away side in front before Palmer's second spot-kick of the evening settled the contest. Although Son Heung-Min scored a consolation goal in the sixth minute of added time, fans greeted the full-time whistle with boos and many had left even earlier after feeling resigned to Tottenham's seventh league defeat of the season. Postecoglou, who took charge at Tottenham in the summer of 2023 and guided them to fifth place in his first season, confronted angry Spurs supporters after Thursday's 1-0 defeat at Bournemouth and pressure is mounting on the 59-year-old with the club 11th in the table and now seven points off the top four. Tottenham have suffered a series of injury setbacks and lost Cristian Romero to a quad injury after only 15 minutes before Brennan Johnson went off with illness and Micky van de Ven was only able to play 79 minutes following a hamstring problem. "It is a tough moment because there are all these tools you can possibly use as a manager when you are going through tough moments to turn things around and our limited resources from a playing perspective at the moment doesn't allow us to do that so you have to find other ways," Postecoglou told a news conference. "It's not through a lack of effort. The players are constantly out there because we can't rotate. They are giving everything they can. It diminishes performances as well because they probably need a rest but we can't give them a rest. "I think it is something we need to tackle head on and keep pushing on. There is still plenty to play for us between now and January just to make sure we keep performing. "I still sense within this squad there is a real conviction in what we are doing and if we maintain that we will turn our season around and hopefully at some point we hit some smoother waters in terms of some of the things that are happening at the moment." Postecoglou also voiced his frustration at referee Anthony Taylor's decision not to punish Chelsea midfielder Moisés Caicedo for a late tackle on Pape Matar Sarr in the 34th minute. VAR official Jarred Gillett deemed Caicedo had not used excessive force in the tackle but Postecoglou said: "I think it's kind of where we're at with the current state of football, where people are just frozen to make big decisions. I think referees don't want to make them because they'll go to VAR and VAR doesn't want to intervene, so you're kind of left in no man's land. "I just don't think, I have said it before, the technology has helped our game. I don't see how it helps because It means instead of one person being in control of a game and you accepting that, it almost feels like no one is in control because everybody is scared to make a decision to overturn somebody else. "Referees are scared to make decisions in case they get it wrong, VAR don't want to intervene and I get that because you don't want disruptions to the game. You just have to cop it."
Some speculated that the prisoner's laughter may have been a coping mechanism, a way for him to process the trauma of his experience and to find a moment of relief in the midst of it all. Others saw his laughter as a defiant act, a way of asserting his agency and reclaiming his sense of self after years of being stripped of his freedom.
Stoffelshaus, who previously worked with Borrusia Dortmund and Schalke, was brought in to oversee the club's recruitment strategy and scouting operations. His appointment was seen as a key step in Manchester United's efforts to revamp their footballing structure and compete with the elite teams in Europe.
Microsoft’s Copilot is an amazing AI assistant, and Copilot+ PCs and laptops are designed to take advantage of the technology. The Acer Swift 14 AI is an excellent example, and it’s available from Best Buy with a huge $400 discount that slashes its price from $1,200 to only $800. We’re not sure how much time is remaining before this offer expires, but if you want to make sure that you buy this powerful machine for less than $1,000, we highly recommend proceeding with your purchase as soon as possible. Why you should buy the Acer Swift 14 AI The Acer Swift 14 AI is a Copilot+ laptop that’s made by one of the best laptop brands , so you can be sure you’re getting a high-quality device. With Microsoft’s Copilot running on the laptop itself, you’ll receive faster response times from the AI with enhanced security, for tasks such as finding documents and web pages using Recall , generating and editing images, and translating between languages in real-time. The Acer Swift 14 AI can handle these functions because it’s powered by the Qualcomm Snapdragon X Elite processor, Qualcomm Snapdragon X Elite Adreno Graphics, and 16GB of RAM. Another major feature of the Acer Swift 14 AI, as we described in our review, is its “exceptionally long-lasting battery life.” This makes the laptop pretty portable, as it’s also compact with its 14.5-inch screen with WQXGA resolution and a 120Hz refresh rate. The Acer Swift 14 AI ships with Windows 11 Home , which is pre-loaded in its 1TB SSD that will provide you with lots of storage space for all of your projects. If you’re on the hunt for laptop deals , you should think about going for one that’s built for Microsoft’s Copilot. The Acer Swift 14 AI, a Copilot+ laptop, should be at the top of your list because it’s on sale from Best Buy for just $800, for savings of $400 on its sticker price of $1,200. The discount may end at any moment though, so you better hurry if you’re interested in this offer. Push forward with your transaction for the Acer Swift 14 AI laptop immediately, as you may miss out on this special price if you wait too long.Barkley's brilliance helps Eagles beat Panthers 22-16 but pass game has Philly frustrated
Governments around the world have reacted to the abrupt fall of the Assad family's five-decade rule over Syria with a mixture of hope and trepidation, as the balance of power in the Middle East shifts. or signup to continue reading Several Arab countries expressed support for Syria's unity and territorial integrity after Islamist rebels declared President Bashar al-Assad's ouster and seized control of Damascus early on Sunday. Turkey, Iran, Russia and the United States all deployed forces in Syria after protests against al-Assad's regime erupted into a multi-sided civil war in 2011. Various non-state factions continue to control different parts of the fragmented country. Egypt, the Arab world's most populous country, said it stands with Syria and supports its sovereignty. Egypt "calls on all Syrian sides of all leanings to preserve the state resources and national institutions and give precedence to the country's supreme interests," the Egyptian Foreign Ministry said. In Jordan, Foreign Minister Ayman Safadi said Syria must be protected from sliding towards chaos." "Jordan will offer all possible support for the brotherly Syrian people in their efforts for rebuilding their country, institutions and political system," he said. The Foreign Ministry of Qatar, a country that has long been an outspoken critic of al-Assad, also said it is necessary to preserve Syria's national institutions and unity of the state to prevent it from "descending into chaos". "The state of Palestine and its people stand by the side of the brotherly Syrian people," Palestinian President Mahmoud Abbas said. But all eyes were firmly on the governments of Iran and Russia, which were staunch backers of al-Assad. With his downfall, their influence in Syria and the wider Middle East could be weakened. The Iranian Foreign Ministry said it hopes to maintain good relations with Syria despite the change in power. "Bilateral relations with Syria have a long history and we hope that this will continue with wisdom and foresight," the Foreign Ministry in Tehran said in a statement. Tehran hopes for a quick end to the military tensions and an early dialogue between all political factions in the country, the Foreign Ministry was quoted as saying by the ISNA news agency. According to unconfirmed reports, Tehran is already in contact with the Islamist alliance Hayat Tahrir al-Sham (HTS) in order to facilitate a peaceful withdrawal of the Iranian Revolutionary Guards from Syria. For Tehran, al-Assad was a strategically important ally within a self-declared front of resistance against arch-enemy Israel. Syria also served as a corridor for the supply of Iranian weapons to Hezbollah fighters in Lebanon, who in turn would attack Israel. "The change of power in Syria could affect the further course of the resistance front against the Zionist regime in the short term, but definitely not stop it," said Iranian Foreign Minister Abbas Aragchi. The resistance against Israel is "an ideological mission and not a classic war" and will therefore continue, said the top diplomat in an interview with the state broadcaster IRIB late Sunday. The Russian Foreign Ministry issued an appeal for all parties to refrain from the use of force. Al-Assad had abandoned his post and left Syria, the ministry said, without providing any information on the location of its former ally. Russia was in contact with groups in Syria, it said. Moscow had provided critical military support to al-Assad's regime since 2015. Russia maintains an airbase in Syria and a strategic naval base at Tartus, which provides access to the Mediterranean Sea. The ministry said the Russian military bases were not under threat but were in a state of heightened alert. Israeli Prime Minister Benjamin Netanyahu said the seismic change in Syria presented an "opportunity". Israel has frequently hit Iranian-linked military targets in Syria in order to prevent arch-enemy Iran from expanding its influence. Netanyahu said Israel is interested in "neighbourly relations" with Syria, but also in making sure "that no hostile force embeds itself right next to the border of Israel". In Europe, the French and German governments welcomed al-Assad's overthrow. German Chancellor Olaf Scholz called it "good news" - but that order needed to be restored and the rights of minorities respected. UN Secretary General António Guterres said he believed there was now a "historic opportunity to build a stable and peaceful future" for Syria. Advertisement Sign up for our newsletter to stay up to date. We care about the protection of your data. Read our . AdvertisementTonight’s 1-1 draw at basement boys Plymouth followed a goalless game with QPR at Vicarage Road, and the Hornets have taken as many points off the current top six as they half from the half dozen teams at the bottom. “I think our points return as a whole against bottom-six teams this season has let us down a little bit,” admitted head coach Tom Cleverley. “I don’t think that’s an attitude thing. “Certainly at Plymouth we deserved all three points, but it is something we need to address: why are we picking up four or five wins against teams in and around the top seven and none against the bottom six? “We need to look at it and see if there are patterns there we can address as coaches, and move on. “We move the focus to West Brom now with 31 points from 19 games, and that’s a good return: I’m not focussing on the last two.” Having gone a goal down inside the last 10 minutes to a Hull side that had lost their last six games, Watford were staring down the barrel of a long journey home with nothing at all until Rocco Vata’s first goal for the club two minutes from the end of normal time levelled the game up. “It feels like a point gained under the circumstances,” said Cleverley. “We knew it wouldn’t be easy coming here this evening with a new manager in Ruben, who is a top coach. “I thought in the first half we showed good periods of quality and personality on the ball. “We knew they would come with a high press and it was all about having the character to try and break through that. “Then in the second half as the pitch cut up we maybe tried overplaying because all their chances seemed to come from low turnovers from us, and it was maybe up to me to find the solution. “Maybe this is where we should have gone a little bit more direct because the pitch wasn’t lending itself to playing football. “We couldn’t change the momentum of the game in the second half so I was really pleased with the players’ character to get the equaliser after going a goal behind.”
ACCORD receives $750K to help improve Allegany Co. apartmentsIn a recent incident that sent shockwaves through the tech industry, a fire broke out at an Alibaba Cloud data center. The incident, which occurred on Thursday morning, temporarily disrupted cloud services provided by Alibaba Group Holding Ltd. The company, China's largest cloud service provider, moved quickly to contain the blaze and ensure the safety of its employees and the integrity of the data stored in the facility.Martin Lukato: Olweendo lwependaRenowned Trader Who Predicted Bitcoin's Drop Now Sees Dogen Skyrocketing to $50!