News

Subsea 7 thrives with profitable contracts, strong backlog, and a positive margin outlook, driven by strategic project mix ...
Subsea7 S.A. SUBCY, an offshore engineering and construction services provider, recently announced that it has agreed on the key terms for a potential merger with Saipem S.p.A, an Italian oilfield ...
Subsea7 has secured a ‘sizeable’ contract offshore Egypt, worth up to $150 million.Subsea7 will be responsible for the ...
Milan, Luxembourg, 23 February 2025-Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies1 (the “Proposed ...
Saipem (OTCPK:SAPMF) (OTCPK:SAPMY) said Sunday it agreed to merge with rival oilfield services company Subsea7 (OTCPK:SUBCY) (OTCPK:ACGYF) in an all-stock deal valued at ~$4.63B. According to the ...
Milan, Luxembourg, 23 February 2025-Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies 1 (the “Proposed ...
Luxembourg – 2 March 2023 - Subsea 7 S.A. ("Subsea7") (Oslo Børs: SUBC, ADR: SUBCY) today announced that it has entered into agreements to acquire 187,889,551 shares in Seaway 7 ASA ("Seaway7 ...
Luxembourg– 29 June 2023- Subsea 7 S.A. today announced that following the acquisition of all the shares in Seaway 7 ASA by Subsea7 and the subsequent delisting of Seaway 7 ASA from Euronext ...
Subsea 7’s Renewables segment, operating under the Seaway 7 brand, represents about one quarter of the firm’s total revenue. It offers transportation and installation as well as full-scale ...
Subsea7 has secured a “super-major” contract for the development of the Búzios 11 field located approximately 180 kilometers (112 miles) off the coast of the state of Rio de Janeiro, Brazil.