Subsea 7 boss ‘positive’ as tendering picks up, but pre-tax profits slide
Subsea 7's boss said today that the energy services giant was participating in more tenders and that his outlook for core markets was "positive".
Subsea 7's boss said today that the energy services giant was participating in more tenders and that his outlook for core markets was "positive".
Subsea 7 has been awarded what it defines as a “sizeable” contract for work on the Hornsea Two windfarm off the coast of the UK.
Subsea 7 has unveiled a new contract with Equinor in the Danish and Norwegian sectors of the North Sea.
Equinor has dished out a contract for subsea pipelines and marine operations for phase two of the Johan Sverdrup project to Subsea 7.
Women working offshore are being forced to dispose of tampons in plastic tubs due to a lack of bins provided by North Sea vessel firms.
Xodus Group, the Aberdeen-based energy consultancy, is now wholly-owned by Subsea 7 following an exit by Japanese investor Chiyoda Corporation.
Deepwater subsea engineering firm Subsea 7 managed to stave off further pre-tax losses for the first quarter of 2019 thanks to modest revenue growth.
Aberdeen-headquartered firm Rever Offshore has announced the appointment of Bob Bryce as operations director as it restructures.
Hundreds of workers who are part of North Sea diving crews have rejected a revised pay deal made on behalf of six employers.
Subsea technology firm WFS Technologies has announced the appointment of a new commercial director.
Subsea 7 said today that it had won three engineering studies contracts with Woodside since December 2018.
Pre-tax profits dropped by 60% to £160 million at energy service firm Subsea 7 last year.
Deepwater services firm Subsea 7 has announced a multi-million pound deal with BP for assets in the northern North Sea and west of Shetland.
The new bypass and other projects in Aberdeen are expected to strengthen office market activity in and near the city this year.
Underwater engineering, construction and services firm Subsea 7 has announced the award of a "sizable" Gulf of Mexico contract from BP.
Assets have been sold following the administration of Fort William’s Underwater Centre.
Energy service giant Subsea 7 has won the contract for a major North Sea infrastructure project with Shell.
“Digitalisation is one of those horrible terms that has been used so much it has become meaningless.”
Oil field services giant Subsea 7 has won a three-year contract extension with seven North Sea clients.
'More and more' North Sea operators are embracing cultural change in an effort to tackle problems, a subsea boss has said.
Seaway Offshore Cables, part of Subsea 7, has won a contract worth a £115-230 million for the Yunlin Offshore Wind Farm project.
Subsea 7 said today that said tendering activity and contract awards showed the oil and gas market was on the up in the third quarter of 2018.
Accountancy and business advisory firm Johnston Carmichael has appointed administrators to the troubled Underwater Centre in Fort William.
Subsea 7 has won a contract with Tullow Ghana on the Jubilee field.
An oil company which is drilling about 20% of all Norwegian exploration wells this year plans to persevere with its bold approach.