Latest Subsea7 News & Updates

See the latest news and media coverage for Subsea7. We track all announcements, press releases, and industry mentions in real time, all in one place.

Subsea7

Global subsea engineering, construction and services provider

subsea7.com

Headquarters: London, United Kingdom
Company type: Public company
Number of employees: 10,000+
Industry: Oil Related Services and Equipment

Last updated Today

Latest news about Subsea7

In short: Subsea7 secured major global contracts, announced the retirement of CEO John Evans, and faced ongoing antitrust scrutiny over its merger.

Company announcements

July 31 Subsea7

Subsea7 awarded a sizeable contract offshore Brunei

The contract covers subsea pipeline installation for a Pipeline Replacement Project in water depths up to 50 metres.

July 30 Subsea7

Subsea7 announced financial results for Q2 and H1 2026

The results include revenue, profit, and order backlog figures for the period ending June 30.

July 9 Subsea7

Subsea7 completes pipeline installation for Yggdrasil development

Over 250 km of pipelines, including pipe-in-pipe, were installed over two years.

July 1 Subsea7

Subsea7 appoints Stuart Fitzgerald as CEO

He joined in 1998 and previously led Seaway7 as CEO since 2022.

Media coverage

July 31 Yahoo Finance

Subsea 7 S.A. announces expiration of the Hart-Scott-Rodino Act waiting period

Subsea 7 S.A. today announces that, in connection with the proposed merger with Saipem S.p.A. (the "Merger"), all applicable waiting periods under the U.S. Hart-Scott-Rodino...

July 30 U.S. News & World Report

Saipem, Subsea7 Cleared to Complete Merger in US

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news...

July 30 Seeking Alpha

Subsea 7 GAAP EPS of $0.85, revenue of $1.93B beats by $30M

Q2 adjusted EBITDA rose 31% to $471 million, and the company raised its full-year EBITDA margin guidance to about 24%.

July 29 E24

Subsea 7 earned 254 million dollars

Adjusted gross operating result (ebitda) was 471 million dollars, compared to 360 million dollars in the same period last year. Profit after tax landed at 254 million dollars...

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