Subsea 7 (SUBCY) possesses solid growth attributes, which could help it handily outperform the market.
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SUBCY's planned merger with Saipem faces pushback as Brazil's oil giants warn it could reshape competition in deepwater projects.
| Energy Equipment & Services Industry | Energy Sector | Mr. John Evans CEO | OTC PINK Exchange | 864323100 CUSIP |
| LU Country | 14,876 Employees | 15 May 2025 Last Dividend | - Last Split | 21 May 1993 IPO Date |
Subsea 7 S.A. is a key player in the global energy industry, offering a wide range of offshore project and service solutions. With a focus on subsea field development, the company prides itself on its expertise in managing complex projects from inception to completion. Services range from engineering and design to procurement, fabrication, and commissioning of seabed production facilities and their integration with surface infrastructure. Incorporated in 1993, Subsea 7 S.A. has established its headquarters in Luxembourg and operates a fleet of 38 vessels as of December 31, 2021, to support its diverse operations worldwide.
Includes project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of seabed production facilities, along with their tie-backs to platforms or shorelines.
Offers a comprehensive service for the installation and maintenance of the critical components that connect seabed infrastructure to production platforms.
Provides ongoing support for subsea infrastructure through remote intervention and integrity management services, ensuring prolonged operational efficiency and safety.
Focuses on the fabrication, installation, extension, and refurbishment of fixed and floating platforms and associated pipelines, primarily in shallow water environments.
Specializes in the final phase of connecting and commissioning offshore platforms and modules, ensuring they are ready for operation.
Operates within the renewable energy sector, offering heavy lifting operations, and transport services for renewable structures like wind turbine foundations.
Supports the renewable energy industry by installing offshore wind turbine foundations and connecting them through inter-array cables.
Provides services for the safe removal and disposal of outdated offshore oil and gas structures, ensuring environmental compliance.
Delivers exploration and production support through advanced remotely operated vehicles and specialized tooling solutions.
Offers expert advice and engineering services tailored to the needs of customers across the oil and gas, renewables, and utilities industries.