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: 13,000+
Industry: Oil Related Services and Equipment

Last updated October 30

Latest news about Subsea7

In short: Subsea7 advanced its Saipem merger across regulators, reported higher Q2 earnings, and won major contracts.

Company announcements

July 31 Subsea7

Subsea7 clears US antitrust hurdle for Saipem merger

The Hart-Scott-Rodino waiting period has expired, permitting the transaction to close in the United States subject to remaining regulatory approvals.

July 30 Subsea7

Subsea7 reports increased Q2 2026 earnings and raised full-year guidance

Adjusted EBITDA rose 31% to $471 million with a 24% margin. Order intake reached $2.1 billion, supporting a high-quality backlog of $13.6 billion.

July 1 Subsea7

Subsea7 appoints Stuart Fitzgerald as CEO

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

May 12 Subsea7

Subsea7 elects John Evans to its Board of Directors

He serves as an Executive Director until retiring as CEO on June 30, 2026, then continuing as a Non-Executive Director.

Media coverage

October 30 Finansavisen

Can cause trouble for Subsea 7 merger

Just days before a crucial vote in Brazil, a new report emerges that could make it harder to approve the merger between Subsea 7 and...

October 20 MLex

Saipem-Subsea7 lead Brazil CADE councilor holds internal meetings to discuss deal | MLex | Specialist news and analysis on legal risk and regulation

The lead councilor reviewing Saipem’s proposed acquisition of Subsea7 at Brazil’s competition authority has met internally with the agency’s prosecutors and economists to discuss the...

October 19 Marine Link

SSE Picks Seaway7 for Berwick Bank B Offshore Wind Foundations and Cables

SSE Renewables has selected Subsea7's Seaway7 as preferred supplier for offshore wind turbine foundations and subsea...

September 11 Marine Technology News

EU Set to Restart Scrutiny of Subsea 7-Saipem Combination

The European Commission will likely comment within the next 24 hours on a reopening of its antitrust probe of the merger...

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