Subsea 7 back in profits with ‘significantly higher activity’
Subsea 7 was back in profits with a surge in revenues in the third quarter amid “significantly higher activity”.
Subsea 7 was back in profits with a surge in revenues in the third quarter amid “significantly higher activity”.
Italian energy services company Saipem (IT: SPM) has landed two lucrative offshore contracts.
Subsea 7 has been awarded what it terms a “very large” contract with Brazilian state operator Petrobras.
Subsea 7 and Schlumberger will work together to provide subsurface equipment to Turkey’s TPAO for the Sakarya field development.
Subsea 7 (OTCM: SUBCY) has revealed plans to achieve net zero emissions from its own operations by 2050.
A Scottish offshore diver is on the road to recovery after Covid-19 complications left him in an induced coma for several weeks thousands of miles from home.
Subsea 7 has been awarded a “sizeable” contract by OneSubsea, the subsea technologies, production and processing systems division of Schlumberger.
A “pioneering” supply chain portal has been launched to give companies early sight of opportunities arising from a planned North Sea floating offshore wind farm.
An alliance of Aker Solutions and Subsea 7 has won front-end engineering and design (FEED) work for the NOA Fulla field development in Norway.
An ambitious scheme to develop floating offshore wind off the north-east coast has joined industry group the Scottish Cluster.
Global offshore and subsea capital expenditure (capex) recently hit its highest quarterly level for two years, according to an industry database.
Energy firms behind ambitious plans to develop floating wind and green hydrogen projects off the north-east coast will work together to see if their schemes are an ideal match.
Subsea 7 has struck a deal to buy a majority interest in Nautilus Floating Solutions, a developer of technology for the floating wind market based in Bilbao, Spain.
Subsea 7 has predicted "increased profitability" in the second half of 2021 and says a ramp-up in tendering activity has strengthened its long-term outlook.
Subsea 7 has announced an agreement to combine its renewables division with Norway’s OHT ASA (Offshore Heavy Transport).
Subsea 7 will lay on subsea production systems and pipelines for OKEA's Hasselmus project in the southern Norwegian Sea.
The Global Energy Group (GEG) has signed a memorandum of understanding (MoU) to collaborate with a partnership planning a new floating wind development off the north-east coast.
Subsea 7 has won a contract with Petrobras for development of the Mero-3 field off Brazil.
Subsea 7 has confirmed 10 crew members on a North Sea supply vessel have tested positive for Covid-19.
Subsea 7 has warned its future results may still be “adversely affected” by Covid-19 despite a “solid” financial showing to start the year.
Irish firm Simply Blue Energy (SBE) and global energy services giant Subsea 7 have teamed up to develop a new floating offshore wind farm off the north-east coast.
Subsea 7's board has proposed the election of former Equinor boss Eldar Saetre to the post of independent non-executive director at the energy service firm.
Subsea 7 has reported a major widening of pre-tax losses and warned that its 2021 results will continue to be impacted by Covid-19.
Subsea 7 has donated a total of £15,000 to charities across the north east of Scotland, in support of families and individuals struggling this winter.
Subsea 7 has won a pipeline contract for the Equinor Northern Lights CCS project in Norway.