Project management and engineering activities will begin immediately at Subsea7's office in Houston, Texas, with offshore operations planned for 2027.

The Aphrodite award adds momentum to Subsea7’s strategic push into the Caribbean, where international operators are ...

Subsea 7 has secured a contract by Shell for the Aphrodite gas project offshore Trinidad and Tobago.The project involves the ...

Subsea7 wins Shell contract for Aphrodite gas project offshore Trinidad and Tobago. Find the latest news from the maritime industry on the PortNews website.

Subsea 7 (OTCPK:SUBCY) announced Wednesday the award of a sizable subsea contract in West Africa, the offshore engineering and services player's third contract award in as many days; the company ...

Subsea7 will distribute an extraordinary dividend for an amount equal to €450 million immediately prior to completion Transaction expected to deliver material value creation for the shareholders ...

Subsea7 S.A. SUBCY has been awarded a contract for the development of the Bittern oil and gas field, by Dana Petroleum (E&P) Limited. The Bittern field is located in the UK North Sea, around 190 ...

Subsea 7 specializes in offshore engineering and construction. The firm handles the majority of operations for offshore oil and gas projects, from design to fabrication and installation to ...

MILAN, Feb 23 (Reuters) - Italian oil services company Saipem SPMI.MI said on Sunday that it will merge with Norwegian rival Subsea 7 (SUBC.OL), opens new tab in a deal valued at about $4.63 billion.

The combination of Saipem and Subsea7 (the “Combined Company”) will be renamed Saipem7, and will have a combined backlog of €43 billion2, Revenue of approx. €20 billion3 and EBITDA in ...

The management of both Saipem and Subsea7 share the conviction that there is compelling logic in creating a global leader in energy services, particularly considering the growing size of clients ...