A former vice president with Subsea 7 has been announced as Ashtead Technology's corporate development director, based in Westhill, near Aberdeen.
Profits nosedived at Subsea 7 in the first half of 2018 despite a steady recovery in the market.
Work has started in Rotterdam, in the Netherlands, on a new reel-lay vessel for global energy service company Subsea 7.
Subsea 7 will has won a contract worth at least $150 million for work on Total's Zinia Phase 2 project off Angola.
Aberdeen consultancy Xodus Group has been nominated as a subcontractor for an LNG project in Indonesia.
Oil field service giant Subsea 7 will build and install a range of infrastructure for Shell's Vito development in the Gulf of Mexico.
Energy services firm Subsea 7 has been awarded a “sizeable” contract for work off the coast of Egypt.
Oil field service firm Subsea 7 said today that it had clinched a contract worth tens of millions of pounds for Shell’s Penguins field redevelopment in the North Sea.
I-Tech Services, a subsidiary of Subsea 7, has today announced a three-year charter agreement with MMA Offshore for a new vessel.
A Highland subsea training centre has been rescued from the threat of closure after an industry collaboration with a hat-trick of offshore firms.
Subsea 7 has won an inspection maintenance and repair contract with Statoil for 560 subsea wells in Norway.
A merger deal between McDermott International and Chicago Bridge and Iron (CB&I) has been approved by shareholders, thwarting attempts by Subsea 7 to block it.
UK-based Independent Oil and Gas (IOG) has contracted Subsea 7 and Wood for work on the Thames Pipeline in the Southern North Sea.
Subsea 7 has posted a loss of £21million in its first quarter results, compared to earnings of £147million in the same period last year.
McDermott International has stated it remains “fully committed” to its merger with CB&I following Subsea 7’s rejected takeover bid.
UK-based Subsea 7 has restated its interest in acquiring U.S rival McDermott.
Subsea 7’s £1.4billion takeover bid for McDermott represents a move to “assume the throne” for the global subsea umbilicals, risers and flowlines market (SURF), according to analysts Rystad Energy.
Offshore engineering and construction firm Subsea 7 has confirmed today that it made a bid to acquire US company McDermott.
North Sea firms will spend £420million on the development of two new fields containing 50million barrels of oil in total.
Subsea 7 has struck a deal worth at least £105million to provide pipelines and carry out topside modifications in Nigeria.
Statoil has awarded key contracts for a new field development to Subsea 7 and Ocean Installer.
Baker Hughes and McDermott International said they're partnering to offer integrated offshore energy services in order to better compete with other growing players like Schlumberger and TechnipFMC.
Subsea 7 S.A has announced it has won a “substantial” contract from BP Exploration for assets offshore Azerbaijan, with the work to be supported in Aberdeen.
The Petroleum Safety Authority of Norway has given consent to Aker BP to perform manned underwater operations in the North Sea later this year.
Energy service giant Subsea 7 said renewables contracts had helped the company lift its revenues in 2017.