Subsea 7 S.A.

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.

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.