Subsea 7 SA - Company Profile
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Subsea 7 SA (Subsea7) is a subsea engineering, construction, and service-providing 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 and offloading 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. It also serves customers in the offshore infrastructure sector across the UK, Norway, the US, Egypt, Brazil, Nigeria, Australia, Angola, Canada, Ghana, France, Saudi Arabia, Turkiye, and other countries. Subsea 7 is headquartered in Sutton, England, the UK.
Headquarters
United Kingdom
Address
40 Brighton Road, Sutton, England, SM25BN
Website
www.subsea7.com
Telephone
44 20 87226025
No of Employees
15,072
Industry
Energy and Utilities
Ticker Symbol & Exchange
SUBC (OSL)
Revenue (2024)
$7.1B
3.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
104.3%
(2024 vs 2023)
Market Cap*
$10.3B
Net Profit Margin (2024)
XYZ
97.0%
(2024 vs 2023)
* As of and is in US$
Subsea 7 SA premium industry data and analytics
Products and Services
| Services |
|---|
| Engineering, Procurement, Installation and Commissioning (EPIC) contracting |
| Project Management |
| Engineering Design |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company secured a contract from Murphy Exploration & Production Company for the String Music development in the US Gulf. |
| 2026 | Contracts/Agreements | In May, the company and SLB OneSubsea secured a front-end engineering design contract from Equinor and BP for the estimated US$10.25 billion Bay du Nord oil drilling project offshore of Newfoundland and Labrador, Canada. |
| 2026 | Contracts/Agreements | In May, the company entered into a contract with Var Energi for the Goliat Gas Export Project in the Barents Sea, offshore Norway. |
Competitor Comparison
| Key Parameters | Subsea 7 SA | Baker Hughes Co | McDermott International Ltd | TechnipFMC Plc | Aker Solutions ASA |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United States of America | United States of America | United Kingdom | Norway |
| City | Sutton | Houston | Houston | London | Lysaker |
| State/Province | England | Texas | Texas | Northumberland | - |
| No. of Employees | 15,072 | 53,000 | - | 23,089 | 11,777 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kristian Siem | Chairman | Executive Board | 2011 | 77 |
| John Evans | Chief Executive Officer; Director | Executive Board | 2026 | 63 |
| Mark Foley | Chief Financial Officer | Senior Management | 2022 | 53 |
| Lloyd Duthie | Chief Executive Officer - Seaway7 | Senior Management | 2026 | 57 |
| Katherine Lyne | Executive Vice President - Human Resources | Senior Management | 2019 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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