Seaway Heavy Lifting not impacted by cost reductions at Subsea 7
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 cuts global workforce by 25%
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
Subsea 7 wins new wind farm project
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
Media: Saipem and Subsea 7 consider merger
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