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Subsea 7 S.A. today announced an agreement to combine its Renewables business unit(1) with OHT ASA (Oslo Børs: OHT), subject to the customary approvals, conditions and relevant employee consultations. The combined company will be renamed Seaway 7 ASA and will initially retain OHT’s listing on Oslo’s Euronext Growth market, with a view to a future listing on Oslo Børs.
Read more on the Subsea 7 website.