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News from Subsea 7

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Subsea 7 S.A. announces an update to the terms of its $200 million share repurchase programme

16 April 2021   Subsea 7 today announced that on 15 April 2021, the Board of Directors authorised a 24-month extension to the Group’s $200 million share repurchase programme, previously announced on 25 July 2019. The extension will expire on 14....

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Subsea 7 joins forces with Simply Blue in Salamander Floating Windfarm Project

29 March 2021   Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry and Irish blue economy developer Simply Blue Energy have joined forces to develop the Salamander floating wind project, off....

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Sonardyne delivers Fusion 2 remote operations first

16 March 2021   Underwater technology company Sonardyne has successfully provided remote Fusion 2 survey operations capability on a live subsea construction campaign in the US Gulf of Mexico. Using its new Remote Operations Access Module (ROAM), Sonardyne surveyors based in the....

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Subsea 7 awarded sizeable contract

12 March 2021   Subsea 7 S.A. today announced the award of a sizeable (between USD 50 million and USD 150 million) contract. The contract will be recorded in the backlog of the Subsea and Conventional business unit in the first....

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Subsea 7 publishes Annual Report and Sustainability Report 2020

10 March 2021   Subsea 7 today announced the publication of the Annual Report containing the Consolidated Financial Statements for the Subsea 7 Group and the Annual Accounts of Subsea 7 S.A., the Parent Company, for the year ended 31....

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Subsea 7 announces Q4 results

25 February 2021   Subsea 7 S.A. (the Group) announced today results for the fourth quarter and full year which ended 31 December 2020. Unless otherwise stated the comparative period is the full year which ended 31 December 2019. Fourth Quarter and....

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Subsea 7 awarded contract offshore Norway

28 January 2021   Subsea 7 today announced the award of a sizeable (between USD 50 million and USD 150 million) contract by Equinor for the Northern Lights project. Subsea 7’s scope includes engineering, fabrication and installation of a 100km....

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Subsea 7 awarded contract offshore Angola

22 January 2021   Subsea 7 today announced the award of a substantial (between USD 150 million and USD 300 million) contract by Cabinda Gulf Oil Company Limited (CABGOC). The contract is for the Sanha Lean Gas Connection (SLGC) project comprising....

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Subsea 7 announces the death of a Director

14 January 2021   The Board of Directors of Subsea 7 S.A. announces with sympathy that Mr. Allen Stevens, Non-Executive Director and Senior Independent Director, passed away on 10 January 2021. Mr Stevens started in the shipping industry in financial planning at....

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JDR seals Subsea 7 deal to develop umbilical for the Elgood field

15 September 2020   JDR, the global subsea umbilical and cable supplier owned by the TFKable Group, has agreed a new contract with Subsea 7 to supply a 9.3km production and control umbilical, topside equipment and subsea terminations for the offshore....

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Subsea 7 awarded contract extensions in Brazil

04 September 2020   Subsea 7 today announced an agreement with Petrobras to extend by one year the current long-term day-rate contracts for three pipelay support vessels (PLSVs) operating offshore Brazil. The extensions have a combined value of approximately USD 155 million,....

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Subsea 7 awarded contract offshore Trinidad and Tobago

01 September 2020   Subsea 7 today announced the award of a sizeable ($50m - $150m) contract for work offshore Trinidad and Tobago. The contract will be recorded in backlog in the third quarter. The contract scope covers the project management, engineering,....

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Subsea 7 awarded renewables contract offshore Taiwan

16 July 2020   Subsea 7 today announced the award of a sizeable (between USD 50 million and USD 150 million) contract for the installation of the submarine cable system on an offshore wind farm project in Taiwan. Project engineering will commence....

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Subsea 7 awarded contract in the Gulf of Mexico

02 July 2020   Subsea 7 today announced the award of a 'sizeable' ($50m - $150m) contract for work in the Gulf of Mexico. The contract will be recorded in backlog in the second quarter. The scope of work includes engineering,....

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Subsea 7 awarded contract offshore Norway

30 June 2020   Subsea 7 today announced the award of a sizeable contract by Aker BP for the Hod Field Development Project, located 12 km from the Valhall area in the southern part of the North Sea. The re-development concept includes....

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Subsea 7 contract offshore Netherlands confirmed

05 June 2020   Subsea 7 today confirmed the award of a substantial contract by Vattenfall for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project. As previously announced on 23 April 2020, the contract was subject to the client’s....

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Subsea 7 awarded renewables contract offshore Scotland

03 June 2020   Subsea 7 announced today the award of a major contract by SSE Renewables for the engineering, procurement, construction and installation (EPCI) of the foundations and inter array cables for the Seagreen Offshore Wind Farm project, 27km offshore....

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Subsea 7 announces cost reduction measures

28 May 2020   Subsea 7 issued further details of the cost reduction programme, following initial guidance provided on 30 April. It is envisaged that the overall reduction in headcount would be approximately 3,000 from the global workforce of 12,000, by the....

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Subsea 7 awarded contract offshore UK

07 May 2020   Subsea 7 today announced the award of a sizeable contract by Independent Oil and Gas (IOG) for the Blythe and Vulcan Satellites field development, located in the UK sector of the southern North Sea. The contract scope....

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Subsea 7 announces Q1 results

30 April 2020   Subsea 7 has released their results for the first quarter of 2020. Subsea 7's CEO, John Evans, said: "Subsea 7 had a strong start to 2020, with the announcement of four contract awards in the SURF and Conventional....

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Subsea 7 awarded contract offshore Netherlands

23 April 2020   Subsea 7 today announced the award of a substantial contract by Vattenfall for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project, located between 18-36km off the Dutch coast in the North Sea. The contracted work....

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Subsea 7 awarded contract offshore US Gulf of Mexico

14 April 2020   Subsea 7 announced the award of contracts by Chevron U.S.A Inc. for subsea installation services related to the Anchor field, located in the Green Canyon area of the Gulf of Mexico. The Anchor field is approximately 140....

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Subsea 7 awarded contract offshore Germany

03 April 2020   Subsea 7 today announced the award of a sizeable contract by innogy Kaskasi GmbH for the Kaskasi offshore wind farm project, located approximately 35km north west of Heligoland in the German sector of the North Sea. The contracted....

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Equinor Awards Subsea Integration Alliance Integrated FEED Contract for offshore field in Brazil

30 January 2020   Subsea 7 announced today the award to Subsea Integration Alliance of an exclusive contract by Equinor for the Front End Engineering Design (FEED) study on its Bacalhau (formerly Carcará) project, offshore Brazil. The Bacalhau field is located....

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Subsea 7 and Eidesvik Offshore’s Hybrid Vessel Wins IMCA Environmental Sustainability Award 2019

20 January 2020   Subsea 7 and Eidesvik Offshore has been presented with the International Marine Contractors Association (IMCA) Environmental Sustainability Award for 2019 in recognition of its efforts to reduce vessel emissions and improve energy efficiency. In January 2019, Seven Viking....

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Subsea Integration Alliance Showcases its Capabilities with Brand New Look

30 October 2019   Subsea Integration Alliance will unveil its new look and image to the offshore energy market at Offshore Technology Conference (OTC) in Brazil (29-31 October 2019). Subsea Integration Alliance will exhibit at booth #D32 and showcase its combined capabilities....

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Subsea 7 Engineering Conversion Programme

20 August 2019   Subsea 7, a global leader in the delivery of offshore projects and services, is inviting experienced engineers from all sectors the opportunity to forge a new career in the subsea industry. Since 2005, the company’s Engineering Conversion Programme....

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Subsea 7 and Royal IHC launch reel-lay vessel Seven Vega

27 May 2019   On Saturday 25 May 2019, Subsea 7 and Royal IHC successfully launched the fully integrated reel-lay vessel SEVEN VEGA. The ceremony took place at IHC’s shipyard in Krimpen aan den IJssel, The Netherlands, and was performed by....

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Subsea industry offered chance to fly the flag for UK at Oil & Gas Asia

02 May 2019   UK subsea companies are being given the opportunity to present innovative technology to an international audience with Subsea UK at Oil & Gas Asia. The show, which takes place in Kuala Lumpur, Malaysia from 18-20 June 2019,....

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Seaway 7 selected as partner to develop Hollandse Kust Zuid Offshore Wind Farm

18 April 2019   Subsea 7 today announced Seaway 7 has been selected by Vattenfall as one of its partners for the Hollandse Kust Zuid (HKZ) 1 & 2 offshore wind farm project. Seaway 7’s envisaged scope of work includes the....

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Displaying 1 to 30 of 121 records.   Next »