Subsea 7 is a company that provides project management, engineering, and construction services to clients in both the oil and gas and renewables sectors. It offers cable laying, installation services for WTG foundations, transportation and installation of offshore substation jackets and topsides, as well as transportation solutions for cargoes.
Type | Public | |
Founded | 2002 | |
HQ | Oslo, NO | Map |
Website | subsea7.com | |
Employee Ratings | More |
USD | |
---|---|
Revenue (FY, 2021) | 5.0b |
Gross profit (FY, 2021) | 5.0b |
Net income (FY, 2021) | 36.4m |
EBITDA (FY, 2021) | 518.1m |
EBIT (FY, 2021) | 119.1m |
Market capitalization (13-May-2022) | 26.7b |
Closing stock price (13-May-2022) | 90.3 |
Cash (31-Dec-2021) | 597.6m |
EV | 26.7b |
USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|
Revenue | 4.1b | 3.7b | 3.5b | 5.0b |
Gross profit | 4.1b | 3.7b | 3.5b | 5.0b |
R&D expense | (19.4m) | (22.0m) | (14.6m) |
USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
---|---|---|---|---|---|---|---|---|---|
Revenue | 859.2m | 958.0m | 950.5m | 750.6m | 754.0m | 947.4m | 996.4m | 1.2b | 1.5b |
Gross profit | 859.2m | 958.0m | 950.5m | 750.6m | 754.0m | 948.5m | 996.4m | 1.2b | 1.5b |
USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|
Cash | 764.9m | 397.7m | 511.6m | 597.6m |
Accounts Receivable | 467.3m | 442.9m | 497.7m | 655.9m |
Prepaid Expenses | 234.7m | 271.5m | 257.5m | 204.5m |
Inventories | 32.0m | 31.2m | 26.4m | 40.3m |
USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
---|---|---|---|---|---|---|---|---|---|
Cash | 665.9m | 420.1m | 367.1m | 339.6m | 483.4m | 541.5m | 527.0m | 389.8m | 299.9m |
Accounts Receivable | 676.4m | 687.4m | 713.0m | 623.0m | 553.9m | 472.9m | 545.0m | 583.4m | 712.0m |
Prepaid Expenses | 168.6m | 184.0m | 204.0m | ||||||
Inventories | 33.9m | 36.6m | 36.6m | 31.1m | 28.5m | 30.6m | 31.6m | 33.7m | 35.1m |
USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|
Net Income | 216.3m | (52.9m) | (1.1b) | 100.7m |
Depreciation and Amortization | 420.4m | 475.1m | 349.6m | 355.8m |
Inventories | 4.7m | 800.0k | 4.3m | (9.3m) |
USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
---|---|---|---|---|---|---|---|---|---|
Net Income | (28.8m) | 7.2m | 77.8m | (33.3m) | (971.7m) | (982.6m) | 2.5m | (25.3m) | 81.1m |
Depreciation and Amortization | 118.9m | 242.4m | 362.2m | 114.6m | 230.3m | 328.7m | 87.8m | 181.9m | 264.6m |
Inventories | (1.6m) | (4.5m) | (5.1m) | (800.0k) | 1.8m | (200.0k) | (5.2m) | (7.0m) | (8.6m) |
USD | FY, 2018 |
---|---|
Revenue/Employee | 365.6k |
Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Backlog | $5.3 b | $5.4 b | $5.1 b | $4.91 b | $5.2 b | $4.6 b | $4.9 b | $5.19 b | $5.6 b | $7 b | $6.8 b | $6.21 b | $6 b | $6.8 b | $6.73 b |
Order Intake | $829 m | $1.4 b | $800 m | $4 b | $1.1 b | $400 m | $1.4 b | $3.95 b | $1.5 b | $2 b | $700 m | $4.4 b | $800 m | $1.9 b | $1.4 b |
Order Intake (Life of Field) | $376 m | $121 m | |||||||||||||
Order Intake (Renewables and Heavy Lifting) | $365 m | $1.94 b |
Company Name | Date | Deal Size |
---|---|---|
4subsea | October 03, 2019 | |
Siem Offshore Contractors GmbH | April 10, 2018 | |
Seaway Heavy Lifting Holding | March 13, 2017 | |
Swagelining Ltd. | August 10, 2016 | |
4Subsea AS Norway General Trading | ||
4Subsea Astori AS Norway General Trading | ||
4Subsea Do Brasil Projetos e Servicos deIntegridade Subsea Ltda Brazil General Trading | ||
4Subsea UK Limited United Kingdom General Trading | ||
Acergy B.V. Netherlands Holding | ||
Acergy France S.A.S. France General Trading |
Subsea 7 revenue breakdown by business segment: 73.3% from SURF AND CONVENTIONAL, 25.1% from RENEWABLES AND HEAVY LIFTING and 1.5% from Other
Subsea 7 has 13.35k Twitter Followers. The number of followers has increased 0.4% month over month and increased 1.3% quarter over quarter
1.1k
Tweets
125
Following
13.4k
Followers
2
Tweets last 30 days
10
Avg. likes per Tweet
100%
Tweets with engagement
When was Subsea 7 founded?
Subsea 7 was founded in 2002.
Who are Subsea 7 key executives?
Subsea 7's key executives are John Evans, Ricardo Rosa and Steph McNeill.
How many employees does Subsea 7 have?
Subsea 7 has 10,870 employees.
What is Subsea 7 revenue?
Latest Subsea 7 annual revenue is $5 b.
What is Subsea 7 revenue per employee?
Latest Subsea 7 revenue per employee is $460.9 k.
Who are Subsea 7 competitors?
Competitors of Subsea 7 include DeepOcean, Balmoral Offshore Engineering and Allseas.
Where is Subsea 7 headquarters?
Subsea 7 headquarters is located at Haakon VIIs gate 1, 11th floor, Oslo.
Where are Subsea 7 offices?
Subsea 7 has offices in Oslo, Røyneberg, Tromsø, Houston and in 36 other locations.
How many offices does Subsea 7 have?
Subsea 7 has 45 offices.
Receive alerts for 300+ data fields across thousands of companies