Subsea 7 S.A.
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Stuart Fitzgerald
- Full Time Employees
- 13,821
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- 412F, route d'Esch Luxembourg City GL Luxembourg 1471
- IPO Date
- Jun 26, 1998
- Website
- subsea7.com
- Similar Companies
- Business
- Subsea 7 S.A. is a global leader in the delivery of offshore projects and services for the energy industry, specializing in the engineering, construction, and installation of subsea infrastructure. Its main products and services encompass flexible flowlines, risers, umbilicals, pipe-laying, heavy lifting, subsea construction, engineering, procurement, and project management for offshore oil and gas as well as renewable energy developments. The company operates across key geographic regions including the North Sea, Gulf of Mexico, Asia Pacific, Mediterranean, offshore Africa, the Middle East, South America, and the UK Continental Shelf. Founded in 2002 and headquartered in Luxembourg, Subsea 7 employs around 15,000 people and maintains one of the most modern and diverse fleets in the industry, complemented by an extensive global infrastructure of pipeline spoolbases, fabrication yards, and operational support facilities. In recent developments, Subsea 7 has entered a binding merger agreement with Italian oilfield services provider Saipem to form a new entity named Saipem7, expected to complete in the second half of 2026. This strategic merger aims to broaden their geographic footprint, enhance service offerings, and create a leading global energy services company with a diversified fleet exceeding 60 construction vessels. Subsea 7 will operate as an autonomous fully owned subsidiary under the Saipem7 umbrella, focusing on offshore engineering and construction. The merger is expected to deliver substantial operational synergies and financial benefits, including optimized fleet utilization and improved procurement efficiencies. Additionally, Subsea 7 recently secured major contracts involving decommissioning services for offshore assets in the North Sea for Ithaca Energy and engineering and construction contracts for offshore developments including the Sakarya gas field in the Black Sea. The company also focuses on innovation with enabling products and technologies such as hybrid vessels and subsea robotics to improve offshore energy project execution and sustainability. Subsea 7’s industry segments cover oil and gas exploration and production, carbon capture, renewable energy including offshore wind, and decommissioning services. Its target markets comprise international energy companies, national oil companies, and emerging renewable energy developers. The company leverages strategic alliances such as its joint venture OneSubsea with Aker Solutions and Schlumberger to deliver integrated subsea technology and solutions. The workforce includes over 9,000 engineers and project managers. Operational hubs include offices in the UK, Norway, Brazil, and other key offshore energy regions, supporting a comprehensive lifecycle approach from early engineering through to field decommissioning. This positioning and the recent merger agreement highlight Subsea 7’s role as a comprehensive offshore energy project services provider with a strong emphasis on adapting to the energy transition through expansion into renewables and carbon capture while maintaining a robust core in subsea oil and gas infrastructure.
Company News
Subsea7 Secures New LLOG Contract Award in the Gulf of America
Should Value Investors Buy Subsea 7 (SUBCY) Stock?
Subsea 7 S.A. (SUBCY) Q2 2026 Earnings Call Transcript
Saipem, Subsea 7 deal may lead to price hikes, EU antitrust regulators warn
Turkey's competition authority approves Saipem's merger with Subsea7
Saipem, Subsea 7 deal faces EU antitrust investigation, sources say
Australia orders in-depth review of Exxon-opposed Subsea7-Saipem merger
Saipem and Subsea7 Progress Merger Amid Saudi Asset Sale
Brazil antitrust agency approves Subsea7-Saipem merger without restrictions
Subsea 7 S.A. second quarter 2026 earnings call notification
Subsea7 Secures String Music Development Contract in the U.S. Gulf
Subsea 7 awarded contract offshore US
Subsea 7 awarded contract offshore Norway
Subsea 7 S.A. announces changes to Board composition
Subsea 7 S.A. 2026 AGM
Subsea7 awarded contract offshore Angola
Subsea 7 (SUBCY) Upgraded to Strong Buy: What Does It Mean for the Stock?
Best Income Stocks to Buy for April 16th
New Strong Buy Stocks for April 16th
Are Investors Undervaluing Subsea 7 (SUBCY) Right Now?