SOC Subsea 7 S.A.

Subsea 7 S.A. announces changes to Board composition

Subsea 7 S.A. announces changes to Board composition

Luxembourg – 8 May 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the election of Lucia Andrade as a Non-Executive Director at the 2025 annual general meeting of shareholders (AGM) and the decision of Jean Cahuzac to retire from his position as Non-Executive Director with immediate effect.

Jean has served on the Board since 2008, and was also CEO of Subsea7 until 31 December 2019. The Board would like to thank him for his commitment and valuable contribution to Subsea7.

Jean was a member of the Compensation Committee and the Tender Committee and changes to committee memberships will be discussed at the next meeting of the Board, later this month.

  

*******************************************************************************

Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.

Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.

*******************************************************************************

Contact for investment community enquiries:

Katherine Tonks

Investor Relations Director

Tel 8



 

This information is subject of the disclosure requirements of the Norwegian Securities Trading Act.

This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 8 May 2025 at 17:00 CET.

Attachment



EN
08/05/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Subsea 7 S.A.

ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • Lars Trongaard Brattli
  • Martin Mauseth
ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • Herman Caspersen
  • John Olaisen
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Stian Wibstad
 PRESS RELEASE

Subsea7 - key information relating to the proposed cash dividend to be...

Subsea7 - key information relating to the proposed cash dividend to be paid by Subsea 7 S.A. Luxembourg – 26 February 2026 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, the Company) today announced a proposed total cash dividend of NOK 13.00 per share, equating to approximately $400 million, to be distributed in May 2026, comprised of the annual dividend of approximately $350 million to be recommended by the Board at the annual general meeting (AGM) on 12 May 2026 and an interim dividend of approximately $50 million approved by the Board. Key information relating to the cash dividend to b...

 PRESS RELEASE

Subsea 7 S.A. Announces Fourth Quarter and Full Year 2025 Results

Subsea 7 S.A. Announces Fourth Quarter and Full Year 2025 Results Luxembourg – 26 February 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 fourth quarter and full year which ended 31 December 2025. Unless otherwise stated the comparative period is the full year which ended 31 December 2024. Highlights Fourth quarter Adjusted EBITDA of $477 million, up more than 50% on the prior year period, equating to a margin of 24%. Strong performances in both Subsea and Conventional and Renewabl...

ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • Herman Caspersen
  • John Olaisen
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Stian Wibstad

ResearchPool Subscriptions

Get the most out of your insights

Get in touch