Luxembourg, April 8 -- Subsea 7 S.A. announced the signing of a strategic collaboration agreement between PETRONAS Suriname E&P B.V. ("PETRONAS Suriname"), a subsidiary of PETRONAS and Subsea Integration Alliance (SIA), which comprises Subsea7 and SLB OneSubsea. The agreement creates a long-term framework for close collaboration on field development projects in Suriname.Through early engagement and integrated execution, the collaboration aims to simplify complex procurement processes, reduce total development costs and enhance delivery certainty. The optimisation of project timelines, combined with a reduction in execution risk, will enhance project economics and unlock opportunities across a portfolio of prospects in Suriname.Under the fra...