Subsea 7 SA

Overview

Subsea 7 SA (Subsea 7) is a subsea engineering, construction, and services company. It provides engineering, project management, supply chain, and vessel management services. The company connects seabed wellhead structures to surface facilities, such as platforms and floating production systems. Subsea 7 offers fully integrated offshore products and services for the inspection, maintenance, and repair of existing offshore infrastructures. It also installs offshore wind turbines, structures, and substations; transports and installs offshore oil and gas structures; and decommissions redundant offshore structures. The company serves customers in offshore infrastructure sector across the UK, Norway, the US, Egypt, Brazil, Nigeria, Australia, Angola, Ghana, France, Republic of Congo, and other countries. Subsea 7 is headquartered in Luxembourg.
Key Stats
Address
40 Brighton Road, SUTTON, SM2 5BN, United Kingdom
Headquarters

United Kingdom

Contact

44 20 87226025

Website
www.subsea7.com
Industry

Energy and Utilities

Ticker Symbol & Exchange​

SUBC [OSL]

Revenue (2020)

$3,466 m

-5.2% (2020 vs 2019)
Net Income (2020)

$-1,093 m

-1207.4% (2020 vs 2019)
Net Profit Margin

-32 %

-1276.9% (2020 vs 2019)
Market Cap *

$2,220 m

EPS *

$-3.7

  *Note: Ratios based on the share price as of 22-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Subsea 7 SATechnipFMC PlcSaipem SpAAker Solutions ASA
Key Information
Headquarters United Kingdom United Kingdom Italy Norway
Headquarter City SUTTON LONDON SAN DONATO MILANESE LYSAKER
Headquarter State/Province - - - -
No. of Employees - 35,000 31,634 14,800
Entity Type Public Public Public Public

Products & Services

Subsea 7 is offering engineering and construction services to the oil and gas industry. Key services offered by the company include the following:

Services
  • Engineering, Procurement, Installation and Commissioning (EPIC) contracting
  • Engineering design
  • Project management
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
John Evans Chief Executive Officer Senior Management 2020 58 Mr. John Evans has been the Chief Executive Officer of Subsea 7 since January 2020. Mr. Evans served as the...
Kristian Siem Chairman Executive Board 2011 72 Mr. Kristian Siem has been the Chairman of Subsea 7 since January 2011. Prior to this, he served as the...
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History

Year Event Description
2021 Contracts/Agreements In July, the company secured a contract for the engineering, procurement, construction, and installation of…
2021 Contracts/Agreements In July, the company secured a contract from OKEA to subsea integration alliance for the…
2021 Contracts/Agreements In May, the company secured a contract from Petrobras to develop the Mero-3 field located…
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Locations


Subsea 7 West Africa Contracting Ltd

Address

40 Brighton Road, London
United Kingdom

Telephone

44 208 7226025

Website

www.subsea7.com
Subsea 7 Singapore Contracting Pte Ltd

Address

Blk 104A, Loyang Offshore Supply Base, 27B Loyang Crescent, TOPS Avenue 1, Singapore
Singapore

Telephone

65 6 3094700

Website

www.subsea7.com
Seaway Heavy Lifting Contracting Ltd

Address

Lophitis Business Centre II, First Floor, 237, 28th October Street, Limassol
Cyprus

Telephone

357 25029091

Website

www.seawayheavylifting.com.cy
Subsea 7 Australia Contracting Pty Ltd

Address

15 - 17 William St, Perth
Australia

Telephone

61 8 93260600

Website

www.subsea7.com
Xodus Group Ltd

Address

Xodus House, 50 Huntly Street, Aberdeen
United Kingdom

Telephone

44 1224 628300

Website

www.xodusgroup.com
SapuraAcergy Sdn Bhd

Address

Level 6, No. 7 Jalan Tasik, The Mines Resort City, Seri Kembangan
Malaysia

Telephone

60 386598288

Website

www.sapuraacergy.com
4Subsea AS

Address

Hagalokkveien 26, Asker
Norway

Telephone

47 66 982700

Website

www.4subsea.com
Subsea 7 Inc (Inactive)

Address

Ugland House, South Church Street, George Town
United Kingdom

Telephone

44 122 452 6000

Website

http://www.subsea7.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
02 Aug 2021 Subsea 7 to Acquire 59.12% Stake in Nautilus Floating Solutions Acquisition Subsea 7 SA Nautilus Floating Solutions SL
28 Jul 2021 LiquidPower Specialty Products And Subsea 7 Acquire Interest In Safe Marine Transfer Acquisition Subsea 7 SA; LiquidPower Specialty Products Inc Safe Marine Transfer LLC
29 Mar 2021 Subsea 7 and Simply Blue Form Joint Venture Partnership Simply Blue Energy Ltd; Subsea 7 SA
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15 Nov 2019 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
03 Oct 2019 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

406

Active Jobs

74

Posted

0

Closed

Job Trends

Latest Jobs

Job title Company Country
Graduate engineer Subsea 7 SA France
Environmental Data Analyst Subsea 7 SA United Kingdom
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