Craft

Subsea 7

Stock Price

KR167.3

2024-10-29

Market Capitalization

KR59.2 B

2024-08-26

Revenue

$7.1 B

FY, 2025

Subsea 7 Summary

Company Summary

Overview
Subsea 7 is a company that provides offshore energy transition solutions. It operates through three segments: Subsea and Conventional, Renewables, and Corporate. The Subsea and Conventional segment includes fabrication, installation, and refurbishment of fixed and floating platforms; engineering, procurement, installation, and commissioning of subsea oil and gas systems in deep waters; heavy lifting operations and decommissioning of redundant offshore structures; etc. The Renewables segment offers procurement and installation of offshore wind turbine foundations and inner-array cables, as well as heavy lifting operations and heavy transportation services for renewables structures. The Corporate segment focuses on captive insurance activities, operational support, and corporate services.
Type
Public
Status
Active
Founded
2002
HQ
Luxembourg, LU | view all locations
Website
https://www.subsea7.com/en/index.html
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • John Evans

    John Evans, Chief Executive Officer

    • Mark Foley

      Mark Foley, Chief Financial Officer

    • Olivier Blaringhem

      Olivier Blaringhem, Executive Vice President, Subsea and Conventional

    • Phil Simons

      Phil Simons, Executive Vice President, Projects and Operations

    Operating MetricsView all

    Backlog (Renewables and Heavy Lifting)

    $1.4B
    33.3%

    Q3, 2021

    Backlog

    $6.7B

    Q3, 2021

    Order Intake

    $1.4B
    100.0%

    Q3, 2021

    LocationsView all

    49 locations detected

    • Luxembourg, District de Luxembourg HQ

      Luxembourg

      412F, route d’Esch

    • Houston, TX

      United States

      17220 Katy Freeway Suite 100

    • Houston, TX

      United States

      2100 W Loop S, Suite 834

    • Houston, TX

      United States

      825 Town & Country Ln Suite 1500

    • Katy, TX

      United States

      22330 Merchants Way Suite 100

    • Providence, RI

      United States

      225 Dyer St

    and 43 others

    Subsea 7 Financials

    Summary Financials

    Revenue (Q1, 2026)
    $1.8B
    Gross profit (Q1, 2026)
    $1.8B
    Net income (Q1, 2026)
    $97.3M
    Cash (Q1, 2026)
    $1.1B
    EBIT (Q1, 2026)
    $143.6M
    Enterprise value
    $59.0B

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