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Luxembourg – 31 July 2026 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Brunei Shell Petroleum (BSP). The contract covers the subsea installation for a Pipeline Replacement Project, offshore Brunei. Subsea7's scope of work …
This article first appeared on GuruFocus. Revenue: $1.9 billion in Q2 2026, up 10% year-on-year; first half revenue of $3.7 billion, up 13% year-on-year. Adjusted EBITDA: $471 million in Q2 2026, up 31% year-on-year. Adjusted EBITDA Margin: 24% in Q2 2026, up from 21% …
Luxembourg – 30 July 2026 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN: LU0075646355, the Company) announced today results of Subsea7 Group (the Group, Subsea7) for the second quarter and first half of 2026 which ended 30 June 2026. Highlights Adjusted EBITDA …
The European Commission (EC) has initiated an in-depth probe into the previously announced merger between rival offshore engineering and construction services providers Saipem and Subsea 7. The investigation will assess whether the deal could adversely impact competition within the European Economic Area (EEA), particularly …
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