XOSL
SUBC
Market cap10bUSD
Jun 18, Last price
329.80NOK
1D
-5.99%
1Q
29.64%
Jan 2017
201.74%
Name
Subsea 7 SA
Chart & Performance
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Profile
Subsea 7 S.A. is a global leader in providing offshore project solutions and specialized services for the continually evolving energy industry. The company offers comprehensive subsea field development, covering all phases from initial design and engineering to procurement, fabrication, surveying, installation, and commissioning of production facilities situated on the seabed. This also includes connecting these subsea installations to fixed or floating platforms, or directly to the shoreline. Their capabilities extend to the engineering, procurement, commissioning, and installation (EPCI) of vital subsea infrastructure like umbilicals, risers, and flowlines. Beyond development, Subsea 7 ensures the operational longevity and integrity of subsea assets through a range of services including inspection, repair, maintenance, remote intervention, and overall integrity management. The firm is also engaged in conventional offshore activities, such as the fabrication, installation, expansion, and refurbishment of shallow-water fixed and floating platforms, alongside their associated pipelines, and provides critical hook-up services. In the renewable energy sector, Subsea 7 facilitates heavy lifting and transportation for renewable energy structures, and is proficient in installing offshore wind turbine foundations and inter-array cables. They additionally undertake the decommissioning of redundant offshore structures. Further offerings encompass remotely operated vehicle (ROV) and tooling services to support exploration and production, coupled with expert engineering and advisory services for clients across the oil and gas, renewables, and utilities industries. Established in Luxembourg in 1993, the company commanded a fleet of 38 vessels as of December 31, 2021.
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