Subsea 7 SA
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Transactions
Schlumberger, Aker Solutions, Subsea 7 Form JV in $700 Million Deal
Schlumberger, Aker Solutions, Subsea 7 Form JV in $700 Million Deal
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New Financings
Subsea 7 SA announced that the board of directors has authorized a new share repurchase program…
Subsea 7 SA announced that on March 25 the company repurchased 240,000 of its shares at an average price…
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News
BP Awards Subsea Alliance Contract for UK North Sea Development
SLB, OneSubsea, Subsea 7 and the Subsea Integration Alliance will increase speed of tool delivery, optimize installation and reduce rig days at BP’s Murlach development in the North Sea.
E&P Highlights: June 17, 2024
Here’s a roundup of the latest E&P headlines, including Woodside’s Sangomar project reaching first oil and TotalEnergies divesting from Brunei.
Petrobras Awards Subsea 7 a Large Contract Offshore Brazil
Under the contract, which is valued at over $1.25 billion, Subsea 7 will develop the Búzios 9 field in Brazil’s Santos Basin.
Subsea7 Awarded Sizable Contract in GoM
Subsea7 will install a flowline for Talos’ Sunspear development in the Gulf of Mexico.
OKEA Fast-tracking North Sea’s Brasse Tieback to Brage
OKEA expects first production in 2027 and has signed contracts with Aker Solutions, Subsea7 and OneSubsea.
Deepwater Roundup 2024: Offshore Africa
Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.
E&P Highlights: Jan. 8, 2024
Here’s a roundup of the latest E&P headlines including the second biggest deepwater gas find of 2023 and new contract awards.
E&P Highlights: Nov. 20, 2023
Here’s a roundup of the latest E&P headlines, including expanded work offshore Gabon and new contract awards.
E&P Highlights: Nov. 7, 2023
From another postponement of the Gulf of Mexico’s Lease Sale 261 to new contract awards, below is a compilation of the latest headlines in the E&P space.
SLB, Aker Solutions, Subsea7 Announce OneSubsea Joint Venture
OneSubsea, a joint venture between SLB, Aker Solutions and Subsea7, looks to improve subsea asset performance and efficiency while decreasing emissions.
Energy Transition in Motion (Week of March 31, 2023): Advancing Projects, Investment
Here’s a look at some of this week’s renewable energy news, including plans to add offshore wind capacity globally.
E&P Highlights (Nov. 21, 2022): 3M Gas Field Now Online
Here’s a roundup of the latest E&P headlines including new gas fields going online in Indonesia and elsewhere plus contract announcements for new projects from the past week in the upstream oil and gas industry.
E&P Highlights: Oct. 3, 2022
Here’s a roundup of the latest E&P headlines including updates on a Gabonese field and contract wins from the past week in the upstream oil and gas industry.
Schlumberger, Aker Solutions, Subsea 7 Form JV in $700 Million Deal
The proposed JV will combine Schlumberger’s and Aker Solutions’ subsea businesses. Meanwhile, Subsea 7 will be an equity partner in the new JV.
E&P Highlights: Aug. 15, 2022
Here’s a roundup of the latest E&P headlines including development plans and final investment decisions on projects, a discovery, and contract awards from the past week in the upstream oil and gas industry.