Subsea 7 Makes Hostile Bid for McDermott
Offshore oil services firm Subsea 7 has made an unsolicited offer worth about $2 billion for U.S. rival McDermott, potentially breaking up the U.S. company's agreed deal…
Subsea 7 Acquires EMAS Chiyoda Subsea Assets
Subsea 7 S.A. said it has acquires certain businesses of EMAS Chiyoda Subsea (ECS) under a U.S. bankruptcy code Chapter 11 Plan of Reorganization, confirmed by the U.S.
Subsea 7 offer for Seaway Heavy Lifting
Subsea 7 S.A. announced that one of its wholly owned subsidiaries has made an offer to acquire the 50% shareholding in Seaway Heavy Lifting Holding Limited currently owned…
Subsea Integration Alliance Awarded Deepwater Integrated EPCIC Contract
Subsea Integration Alliance has announced the industry’s first deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting system award.
Aker Solutions, Det norske and Subsea 7 Form Development Alliance
Aker Solutions, Det norske oljeselskap and Subsea 7 agreed on a "one for all, all for one" collaboration model that marks a major shift in how an operator and its suppliers…
Subsea 7 Awarded $1bn Wind Farm Offshore UK Deal
Subsea 7 S.A. informed today the details of the major(1) contract award that was first announced on 20 May 2016 . The contract was awarded by Beatrice Offshore Windfarm Limited (BOWL)(2)…
Subsea 7 Profits Dip in Q1
Subsea 7 S.A. announced its financial results for the first quarter ending March 31, 2016, reporting revenues of $746 million, down 37 percent from the prior year period.
Subsea 7 Teams up with OneSubsea
Subsea 7 and Houston-based OneSubsea have announced the signing a global alliance agreement to combine resources and collaborate on selected projects. The firms will jointly design…
Subsea 7 Expects Guará Lula Completion by Year-end
Oil services firm Subsea 7 has overcome problems at Petrobras' Guará-Lula offshore project in Brazil and expects to complete work by the end of the year, Chief Executive Jean Cahuzac said on Thursday.
