Energy & Power

Subsea 7 S.A.

Company Profile Analysis

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Subsea 7 S.A. - Energy & Power showcase

Year Founded & Workforce

Not available

Industry

Energy & Power

Services

S

Subsea 7 S.A. Overview

Subsea 7 S.A. formed after the merger of Acergy S.A. and Subsea 7 Inc. It is one of the leading companies in manufacturing offshore products and providing services to the energy industry. The company primarily offers offshore pipeline products under the business segment of SURF (subsea umbilical, risers and flowlines) and conventional, renewables and heavy lifting, life of field, and corporate. In the SURF and conventional segment, it offers EPCI works for high complex systems for the offshore application, which primarily include pipelay support vessels (PLSV). It also offers fabrication, installation, extension, and refurbishment services of fixed and floating platforms and associated pipelines for offshore applications. The company offers heavy lifting systems for the oil & gas industry, offshore wind farm foundations, inter-array cables, as well as it offers inspection, and repair and maintenance (IRM) services.

The company has a presence in more than 33 countries with actively operating 93 projects, across the globe. In 2018, it spent nearly USD 19.4 million for the research and development activities, which had increased from USD 17.3 million invested in the year 2017.

Strategy

Subsea 7 S.A. focuses on expansion in the energy sector for the sustainable development in the SURF and conventional segment. The company strategizes to minimize costs through focus on long-term partnership agreements, fully integrated projects, and standalone SURF solutions. Also, it aims to increase the count of long-term contracts with clients to secure its financial state for the coming years. For instance, the company has signed a long-term supply contracts with Petrobras and other companies in Brazil for deepwater offshore pipelines. Furthermore, it focuses on investments in maintenance and repair services to ensure continuous operations from offshore pipelines in the global market. Moreover, the company revealed its autonomous inspection vehicle (AIV) to enhance its maintenance and repair services, worldwide.

Company Snapshot

$1,783M

Revenue

SWOT Analysis

Strengths

  • Strong revenue from the domestic market
  • Strong market position for SURF and conventional products
  • Strong brand equity in the global market

Weaknesses

  • Complex organizational hierarchy

Opportunities

  • Investments to strengthen products and EPCI services in the operating areas
  • Scope in investment with collaboration with the local governments

Threats

  • Stringent government norms related to FDI across Asia-Pacific and Europe
  • Economic breakdown across operating countries

Key Developments

DateApproachDevelopment
ContractSubsea 7 signed a contract with Equinor, a technical service provider for the installation and diving operations on the Europipe II and Heimdal and Statfjord (EHS) fields in the North Sea.
ContractSubsea 7 and Enbridge Offshore Facilities, LLC signed a contract for the transportation and installation of 17 miles of 10-inch gas export pipelines and 50 miles of 18-inch oil export pipelines at New Orleans, Louisiana, US.
ContractSubsea 7 revealed two contacts signed with Saudi Aramco for the EPCI works of offshore pipelines in projects in Saudi Arabia.

Product Offering

  • Subsea 7 S.A.
    • Offshore Pipeline

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Subsea 7 S.A. as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Subsea 7 S.A.

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