Subsea 7


All posts for Subsea 7

Subsea 7 Awarded Substantial Contract

Luxembourg – 20 August 2018 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial (1) offshore Conventional contract.  Offshore execution is planned for 2019 and 2020.  No further details are disclosed at this time due to contractual obligations.   (1)  Su ...

OilVoice Press - OilVoice


Posted 10 hours agoPress > Subsea 7ContractOffshore

Subsea 7 Awarded Contract Offshore UK

Subsea 7 today announced the award of a sizeable (1) contract by Nexen as part of the Buzzard Phase 2 Project, located approximately 55 kilometres off the north-east coast of Scotland. Subsea 7's contract scope includes project management, engineering, procurement, construction and installation o ...

OilVoice Press - OilVoice


Posted 17 days agoPress > OffshoreUnited KingdomUK +5

Subsea 7 S.A. Announces Second Quarter and Half Year 2018 Results

Luxembourg – 26 July 2018 – Subsea 7 S.A. (the Group) (Oslo Børs: SUBC, ADR: SUBCY, ISIN: LU0075646355) announced today results for the second quarter and first half of 2018 which ended 30 June 2018. Second Quarter highlights New awards and escalations totalled $1.3 billion with seven awar ...

OilVoice Press - OilVoice


Posted 25 days agoPress > Subsea 7ResultsEarnings +1

Subsea 7 Awarded Sizeable Contract

Luxembourg – 19 July 2018 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable(1) offshore Transportation and Installation contract. Offshore execution is planned for 2020. No further details are disclosed at this time due to contractual obligations.   (1) Subs ...

OilVoice Press - OilVoice


Posted 1 month agoPress > ContractSubsea 7Offshore

Subsea 7 Celebrates Build Milestone and Announces Vessel Name

The keel laying ceremony for Subsea 7's new reel-lay vessel took place at Royal IHC in Krimpen aan den IJssel (Netherlands) today, 5 July. In line with this major milestone Subsea 7 announced the vessel will be named Seven Vega , which is the winning suggestion of an employee vessel naming competi ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Subsea 7vessel

Subsea 7 Awarded Contract Offshore Angola

Subsea 7 today announced the award of a substantial (1) contract by Total E&P Angola for the engineering, procurement, installation and commissioning of the subsea flowlines and umbilicals for the Zinia Phase 2 project, 150 kilometres offshore Angola in water depths from 800 to 1,000 metres.  The ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Subsea 7ContractOffshore +3

Airborne Oil & Gas and Subsea 7 Commence Qualification Programme for TCP Riser in South America

Oilfield technology firm Airborne Oil & Gas has commenced a qualification of a TCP Riser for deepwater and dynamic applications for a major operator in South America in collaboration with Subsea 7, effective today (26 June 2018). As a global leader in the manufacturing of Thermoplastic Composite P ...

OilVoice Press - OilVoice


Posted 1 month agoPress > South AmericaAirborne Oil & GasSubsea 7 +4

Subsea Supplies Announces New Burton Products Neoprene Moulding Offering

Subsea Supplies has launched a new service offering following an exclusive agreement with a multi-billion pound global business. Aberdeen-based Subsea Supplies has secured an official licence from Eaton to manufacture products using its internationally-recognised Burton Subsea Product Line. Follo ...

James Donaldson


Posted 2 months agoPress > BibbyTechnipDOF Subsea +8

Subsea 7 Awarded Contract Offshore Gulf of Mexico

Subsea 7 today announced the award of a sizeable (1) contract by Shell as part of the deepwater Vito development, approximately 150 miles south of New Orleans, in the US Gulf of Mexico.  The contract scope covers the project management, engineering, procurement, installation and pull-in of two 12 ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Gulf Of MexicoGOMOffshore +4

Subsea 7 Awarded Contract Offshore Egypt

Subsea 7 announced today the award of a sizeable (1) engineering, procurement, installation and commissioning contract by Burullus Gas Company for the West Delta Deep Marine Phase 9b development project, offshore Egypt.  The scope includes connecting six new wells into existing subsea facilities ...

OilVoice Press - OilVoice


Posted 2 months agoPress > EgyptOffshoreSubsea 7 +1

Subsea 7 Awarded Contract Offshore UK

Luxembourg - 11 June 2018 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) todayannounced the award of a contract by Shell for the Penguins RedevelopmentProject, located approximately 150 miles north-east of the Shetland Islands.The engineering, procurement, construction and installation (EPCI) contra ...

OilVoice Press - OilVoice


Posted 2 months agoPress > United KingdomUKOffshore +2

Subsea 7 Withdraws its Proposal to Acquire McDermott

Luxembourg -May 2, 2018 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced that it had taken note of McDermott International, Inc. ("McDermott," NYSE: MDR) shareholders' vote in favour of a combination with CB&I (NYSE: CBI). In light of this vote, Subsea 7 confirms that the proposal made ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Subsea 7AcquisitionMcDermott

Subsea 7 S.A. Announces First Quarter 2018 Results

Subsea 7 S.A. (the Group) (Oslo Børs: SUBC, ADR: SUBCY, ISIN: LU0075646355) announced today results for the first quarter which ended 31 March 2018. First Quarter highlights Adjusted EBITDA of $103 million, at a margin of 13%, included a seasonal reduction in offshore activity levels Ne ...

OilVoice Press - OilVoice


Posted 3 months agoPress > ResultsOperational HighlightsSubsea 7 +1

Subsea 7 Re-Affirms its Proposal to Acquire McDermott

Subsea 7 S.A. today announced a re-affirmation of its interest in acquiring McDermott International, Inc. (“McDermott,” NYSE: MDR). Subsea 7's proposal is subject to the termination of McDermott's pending transaction with CB&I (NYSE: CBI).  Subsea 7 is open to considering amending its proposal if ...

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Posted 3 months agoPress > NYSESubsea 7McDermott +2

Subsea 7 Confirms USD 7.00 Per Share Proposal to Acquire McDermott

Subsea 7 has the ability to quickly execute a definitive agreement Subsea 7 made premium proposal providing substantial growth prospects, highly visible synergies and investment grade financial profile Luxembourg - April 23, 2018 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) confirms that it made ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Subsea 7AcquisitionMcDermott