Company Profile
Subsea 7 Basic Information, Manufacturing Base, Sales Area, and Competitors
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Business Segment or Overview:
The offshore energy sector is served by Subsea7 S.A., a subsea engineering, construction, and services firm. Subsea and Conventional, Renewables, and Corporate are the three business units that make up the Group's organisational structure. These business units, which are described as follows, stand in for the Group's operational segments:
- Subsea and Conventional: The Subsea and Conventional business unit encompasses a broad range of offshore energy services. This includes Subsea Umbilicals, Risers and Flowlines (SURF) activities, which involve the engineering, procurement, installation, and commissioning of complex subsea oil and gas systems in deep waters, notably including long-term contracts for PLSVs in Brazil. The unit also covers Conventional services such as the fabrication, installation, extension, and refurbishment of fixed and floating platforms and associated pipelines in shallow water environments.
- Additional activities within this unit include the provision of inspection, repair and maintenance (IRM) services, the integrity management of subsea infrastructure, and remote intervention support. It also handles heavy lifting operations and the decommissioning of redundant offshore structures. Moreover, this unit is responsible for carbon capture, utilisation and storage (CCUS) initiatives and includes the Group’s share of net income from its associate, OneSubsea.
- Costs associated with this segment include depreciation, amortisation, impairment charges, and impairment reversals related to the vessels, equipment, and offshore personnel used in Subsea and Conventional operations, whether owned or under long-term lease.
- Renewables: The Renewables business unit is focused primarily on the execution of fixed offshore wind farm and floating wind projects. Its scope of work includes the procurement and installation of offshore wind turbine foundations and inner-array cables, as well as the provision of heavy lifting and heavy transportation services for renewable energy structures.
- This unit also accounts for related expenses, including depreciation, amortisation, and impairment charges, linked to the vessels, equipment, and offshore personnel deployed in support of Renewables activities.
- Corporate: The Corporate business unit comprises activities and costs that are group-wide in nature. This includes captive insurance, operational support, corporate services, and expenditures related to specific events such as restructuring. Additionally, it includes the performance of the Group’s autonomous subsidiaries, Xodus and 4Subsea, along with its involvement in emerging energy initiatives, such as hydrogen.
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Profile Details
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Author Pratik Shirsath
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Published 03 Jun 2025
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Last Updated 03 Jun 2025
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Reading Time~5 minutes
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CoverageSWOT, Financials, Key Employees, History
Table of Contents
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- 1.1 About Subsea 7
- 1.2 Key Facts
- 1.3 Key Employees
- 1.3.1 Key Employee Biographies
- 1.4 History
- 1.5 Locations & Subsidiaries
- 1.5.1 Head Office
- 1.5.2 Other Locations & Subsidiaries
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- 2.1 Company Overview
- 2.2 Business Segments
- 2.3 R&D Overview
- 2.4 Brands
- 2.5 Key Company Statistics
- 2.6 Key Financials (2015–2019)
- 2.7 Share Holder Analysis
- 2.8 Regional Presence
- 2.9 Services Offered
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- 3.1 Strengths
- 3.2 Weaknesses
- 3.3 Opportunities
- 3.4 Threats
- 3.5 Key Competitors
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- 4.1 Company Metrics
- 4.2 Key Investors
- 4.3 Recent Funding & Valuation
- 4.4 Historical Funding & Valuation
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- 5.1 Acquisitions
- 5.2 Partnerships
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- 6.1 Latest News & Announcements
- 6.2 Strategic Initiatives
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- 7.1 Summary of Findings
- 7.2 Strategic Recommendations
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