subsea 7

Subsea 7 S.A. has confirmed the award of a significant contract by Petrobras for the development of the Mero 4 field. The field is located approximately 200

Subsea7, a company that provides services to offshore oil and gas industries, has reached a deal to acquire a majority of Seaway7’s remaining shares,

Subsea 7 will combine its renewables business unit with Oslo-based OHT, creating a pure-play renewables company focussed on offshore wind. The combined company

Subsea 7 has released details of its cost reduction program which it alluded to in its first quarter earnings report released April 30. As previously

By Ed Hammond, Daniele Lepido and Dinesh Nair (Bloomberg) –Saipem SpA is considering a combination with rival Subsea 7 SA in what could rank as one of

By Paul Burkhardt (Bloomberg) — Equatorial Guinea has banned oil-services company Subsea 7 SA from operating in the central African nation over local

Norwegian energy giant Statoil is awarding Subsea 7 Norway AS a five-year contract for IMR services to be carried out by the Seven Viking vessel for subsea

Shareholders in offshore oil services firm McDermott have approved a proposed merger with engineering firm Chicago Bridge and Iron (CB&I), effectively

By Nerijus Adomaitis OSLO, April 23 (Reuters) – Offshore oil services firm Subsea 7 has made an unsolicited offer worth about $2 billion for U.S.

Luxembourg-based marine engineering contractor Subsea 7 S.A. has signed an agreement to acquire Siem Offshore Contractors and two vessels, expanding Subsea

by Matthew Braga (Bloomberg) Until recently, oil and gas kept robots moving in more ways than one. Fossil fuel companies looking to speed up exploration,

Offshore engineering and construction contractor Subsea 7 has announced a second phase of global downsizing that will include the elimination of about 1,200

Royal IHC has launched the 550-ton top tension capacity pipelay vessel, Seven Cruzeiro, at its shipyard in Krimpen aan den IJssel, Netherlands. This is the

  Offshore contractor Subsea 7 says it has been awarded a $150 million subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil for the

Subsea 7 says that the cuts will reduce its global workforce by approximately 2,500 jobs by early 2016, down from the 13,000 worldwide employees reported at

Subsea 7 announced today the winning of a 2-year, USD $200 million subsea installation contract with Petrobras which will utilize the company’s

Subsea 7 announced today they have exercised a contractual option to extend its existing charter of the 98-meter offshore construction vessel, Havila Subsea

Subsea 7 announced today the winning of a 3-year $160 million contract extension from BP Exploration & Production for light subsea construction, and

Last October, Subsea 7’s new pipelay vessel Seven Waves, arrived at Huisman Schiedam to receive its 550 metric ton flex-lay system and 400 metric ton

Oil service companies will have to assume more risk in the coming years as investor pressure and a flat crude price make oil company clients push harder to