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Under the agreement, SLB OneSubsea will provide subsea trees, manifolds, umbilicals and control systems for deepwater development.
ExxonMobil has selected SLB’s OneSubsea joint venture to supply subsea production systems for the first phase of its giant Rovuma LNG development in Mozambique
Luxembourg – 23 September 2026 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) (the “Company”) in accordance with the Oslo Børs rules, today announces the details of awards under its 2022 Long-Term Incentive Plan (the “Plan”) approved by the Board on 23 September 2026. The Company will make awards of 826,231 performance shares, subject to the Plan’s performance conditions, on 23 September 2026. The following Primary Insiders were awarded performance shares under the Plan and subsequently hold the
Luxembourg – 23 September 2026 – Subsea 7 S.A today announced the award by Turkish Petroleum Offshore Technology Center AS (TP-OTC) of a sizeable1 extension to its Sakarya Phase 3 contract offshore Türkiye, strengthening its contribution to the next phase of the landmark Black Sea gas development. The additional scope covers towing and mooring line installation and connection activities related to the commissioning of the development’s floating production unit in 2028. Project management and eng
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The French industrial group climbed after landing a major Subsea7 contract for Petrobras’s Sepia 2 project, adding another deepwater order to an increasingly busy Brazilian pipeline.
VALLOUREC SECURES A MAJOR CONTRACT WITH SUBSEA7 FOR PETROBRAS’ SEPIA 2 OFFSHORE PROJECT IN BRAZIL Meudon, on September 16, 2026 – Vallourec, a world leader in premium seamless tubular solutions, announces that it has been awarded a major contract by Subsea7 for the supply of carbon steel seamless line pipe and thermal insulation coating for the Sepia 2 project, developed by Petrobras in the pre-salt Santos Basin, offshore Brazil. This award follows the EPCI (Engineering, Procurement, Constructio
Here is how Galp Energia SGPS SA (GLPEY) and Subsea 7 SA (SUBCY) have performed compared to their sector so far this year.
Subsea 7 (OB:SUBC) shares are trading against the backdrop of a new sizeable contract from LLOG Exploration for the Who Dat East development in the US Gulf, valued between US$50 million and US$150 million. The latest contract arrives while Subsea 7’s share price has already produced a strong year to date, with a 58.08% share price return and a 78.31% total shareholder return over one year. This suggests that recent gains are building on longer term momentum rather than a short lived reaction...
The scope of work includes fabrication, transportation and installation of a 29km steel catenary riser and pipe-in-pipe system.
Luxembourg – 2 September 2026 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced a sizeable1 contract award from LLOG Exploration Company LLC (a subsidiary of Harbour Energy) for the Who Dat East development in the US Gulf. The project is located in lease MC 509-1, at a water depth of approximately 1,300 metres. The scope of work includes the fabrication, transportation and installation of a 29-kilometre steel catenary riser and pipe-in-pipe to the Who Dat floating production system,
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Key opportunities span ultra-deepwater energy, offshore wind, naval protection and decommissioning. Remote operations, uncrewed vessels, and electric and resident ROVs can cut costs and emissions, while localized sourcing can reduce supply-chain risk.Dublin, Aug. 31, 2026 (GLOBE NEWSWIRE) -- The "Global Offshore Remotely Operated Vehicle (ROV) Market Report 2026-2036" report has been added to ResearchAndMarkets.com's offering.This report provides a comprehensive analysis of the global offshore R
Massive spending on data centers and AI infrastructure can benefit “HALO” companies: hard assets, low obsolescence.
Luxembourg – 31 July 2026 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Brunei Shell Petroleum (BSP). The contract covers the subsea installation for a Pipeline Replacement Project, offshore Brunei. Subsea7’s scope of work includes EPCI of subsea pipeline and riser systems for offshore assets, in water depths up to 50 metres. Project management and engineering work will commence immediately from Subsea7’s office in Kuala Lumpur, Malaysia with
Subsea 7 SA (ACGYF) reports a 31% surge in adjusted EBITDA and a record $13.6 billion backlog, prompting an upward revision to its full-year margin guidance.
After a preliminary assessment, the EC voiced concerns that the merger could increase concentration within the global SURF market.
SLB OneSubsea will supply subsea production systems for 13 wells.
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