The leadership team for Seaway 7, the joint venture between Subsea 7’s renewables business unit and OHT, has been proposed by the two partners. The two joint venture partners, noted that the proposed executive team...Read more
Subsea 7 has completed another milestone for the CNOOC International Buzzard Phase II project by installing the 5km pipeline bundle. The complete 5,500-tonne system was towed 150 kilometers from the company’s Wester fabrication site near...Read more
Subsea 7 has moved to combine its renewables business unit with OHT to create a pure-play renewables company Seaway 7, focused on offshore fixed wind.Read more
Jumbo has completed the first of 2 contracts supporting Subsea 7 projects for Total in Angola. For the first time, the company has used augmented reality to determine the shim points on deck. Using Microsoft’s...Read more
Last week, Subsea 7 announced it would cut 3000 of the 12000 jobs it provides worldwide. According to a spokeswoman, its Dutch/German subsidiary Seaway Heavy Lifting will not be affected by these cost-cutting measures.Read more
Subsea 7 is laying off 3,000 employees and will reduce its active fleet of 32 vessels by up to 10 vessels in response to the corona-induced oil crisis. The drastic measures are expected to deliver...Read more
PRESS RELEASE – Subsea 7 today announced the award of a sizeable contract by Innogy Kaskasi for the Kaskasi offshore wind farm project, located approximately 35 kilometres north-west of Heligoland in the German sector of...Read more
Saipem and Subsea 7 are considering to merge to weather the still difficult circumstances in the oil and gas services market. If the deal goes through, it would create the fourth-largest oilfield service company, after...Read more
PRESS RELEASE – Subsea 7 has acquired 4Subsea, a provider of technology and services that help operators maintain production from subsea oil and gas fields and offshore wind farms.
4Subsea will function autonomously within Subsea 7,...Read more
