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News from Subsea 7

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Schlumberger and Subsea 7 Renew Global Subsea Integration Alliance

10 June 2022   Schlumberger and Subsea 7 announced that they have signed an agreement to renew Subsea Integration Alliance for a further seven years. Subsea Integration Alliance is a worldwide non-incorporated alliance between Subsea 7 and Schlumberger’s OneSubsea® subsea technologies, production....

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Seaway 7 awarded preferred supplier status for Seagreen 1A

08 June 2022   Subsea 7 today announced that Seaway 7 ASA (Seaway 7 is listed on Euronext Growth (SEAW7) and is part of the Subsea 7 S.A. Group) has been selected by Seagreen 1 Limited as a preferred supplier for....

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Subsea 7 awarded contract offshore Gulf of Mexico

07 June 2022   Subsea 7 has announced the award of a sizeable (between USD 50 million and USD 150 million) contract by Chevron for the development of the Ballymore project offshore US Gulf of Mexico, in water depths of up....

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Subsea 7 nets Petrobras contract offshore Brazil

27 May 2022   Subsea 7 has announced the award of a major (over USD 750 million) contract by Petrobras for the development of the Búzios 8 field located approximately 180 kilometres off the coast of Rio de Janeiro at....

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Subsea 7 nets offshore Trinidad and Tobago contract

11 May 2022   Subsea 7 today announced the award of a sizeable (between USD 50 million and USD 150 million) project by BP for the TOPR project located offshore Trinidad and Tobago, in water depths of up to 280 feet. The....

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Subsea 7 awarded contract offshore Norway

17 December 2021   Subsea 7 today announced the award of a sizeable (between USD 50 million and USD 150 million) contract by Aker BP for the Hanz field development located in the North Sea. The project involves a subsea tie-back of....

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Subsea 7 confirms contract offshore Turkey

15 October 2021   Subsea 7 today confirmed the award of a major contract by Turkish Petroleum for the Sakarya field development offshore Turkey in the Black Sea. The award was announced on a redacted basis on 29 September 2021 and....

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NOC and Subsea 7 launch research alliance aim to improve scientific understanding of global oceans

13 October 2021   The UK’s National Oceanography Centre (NOC) is partnering with Subsea 7, a global leader in the delivery of offshore projects for the energy sector, to create BORA Blue Ocean Research Alliance™. The alliance represents a significant....

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Subsea 7 targets Net Zero by 2050

11 October 2021   Subsea 7 S.A. holds Sustainability as one of its core Values and today it announced its target to achieve Net Zero greenhouse gas (GHG) emissions by 2050. In addition, using 2018 as a baseline year, Subsea 7’s....

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Subsea 7 awarded major subsea contract

30 September 2021   Subsea 7 today announced the award of a major (over $750 million) contract. The award extends the engineering, project management and procurement scope of the contract announced on 12 March 2021. The scope of work includes the....

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Subsea 7 awarded contract offshore Norway

21 September 2021   Subsea 7 today announced the award of a sizeable (between USD 50 million and USD 150 million) contract by OneSubsea®, the subsea technologies, production and processing systems division of Schlumberger, for a project at the Ormen Lange....

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Aker Solutions and Subsea 7 awarded FEED contracts offshore Norway

15 September 2021   Aker Solutions and Subsea 7 have secured contracts for the NOA Fulla development project, offshore Norway. Aker Solutions has been awarded two front-end engineering and design (FEED) contracts from Aker BP for the NOA Fulla field development on....

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Subsea 7 announces CFO succession

14 September 2021   Subsea 7 today announced that Ricardo Rosa, CFO, will retire from his position at the end of December 2021 and will be succeeded from 1 January 2022 by Mark Foley. Mark joins Subsea 7 from Petrofac where he....

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Subsea 7 announces floating wind acquisition

02 August 2021   Subsea 7 today announced that it has entered into an agreement to acquire a majority interest in the equity of Nautilus Floating Solutions S.L. a developer of technology for the floating wind market based in Bilbao, Spain. Nautilus....

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Subsea 7 awarded contract in the Middle East

14 July 2021   Subsea 7 today announced the award of a sizeable (between USD 50 million and USD 150 million) contract in the Middle East. The scope of work includes engineering, procurement, construction, and installation of various subsea pipelines totalling approximately....

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Aker Solutions and Subsea 7 awarded Aker BP subsea contracts offshore Norway

09 July 2021   Aker Solutions has secured a substantial (between NOK 700 million and NOK 1.2 billion) contract from Aker BP to provide a subsea production system for the Kobra East & Gekko (KEG) field development, located in the Alvheim....

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Subsea 7 agrees to combine its Renewables business unit with OHT

08 July 2021   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....

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Subsea Integration Alliance awarded EPCI contract offshore Norway

02 July 2021   Subsea 7 today announced the award of a sizeable (between USD 50 million and USD 150 million) contract by OKEA to Subsea Integration Alliance for the Hasselmus project, seven kilometres north west of the Draugen platform in....

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Subsea 7 awarded contract offshore Brazil

24 May 2021   Subsea 7 today announced the award of a very large (between USD 500 and 750 million) contract by Petrobras for the development of the Mero-3 field located approximately 200 kilometres off the coast of the state of....

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Subsea 7 S.A. announces proposed nomination to the Company’s Board of Directors

12 May 2021   Subsea 7 S.A. today published and distributed to eligible holders of Common Shares and American Depositary Receipts the Notice of Meeting and supporting materials for the Ordinary General Meeting of Shareholders (the OGM) scheduled to take place....

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Subsea 7’s nano engineered sensor platform wins OTC Spotlight on New Technology® Award

07 May 2021   Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognised at the 2021 Offshore Technology Conference....

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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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