Topic: Subsea 7

Seaway 7 executive team named

Seaway 7 executive team named

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
|Comment|author: Adnan Bajic
Subsea 7 tows pipeline bundle to Buzzard field

Subsea 7 tows pipeline bundle to Buzzard field

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
|Comment|author: Adnan Bajic

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
|Comment|author: Tobias Pieffers

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
|Comment|author: Tobias Pieffers

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
|Comment|author: Tobias Pieffers

Subsea 7 acquires 4Subsea

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
|Comment|author: Tobias Pieffers