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ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Colruyt: Guidance reiterated despite weaker-than-expected 1H25/26. Dutch Pension Buyouts: Regulator DNB's view, c.€7bn so far, insurers at 15% market share now. OCI: Dutch investor association VEB and other shareholders take legal action to block Orascom merger. Proximus: CFO Mark Reid to leave Proximus by end of January 2026. Staffing Sector: US temp volume YoY declined vs October; NFP jobs beat expectations. Var Energy: Boosting production bodes well for years to come. Events Calendar

ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • Herman Caspersen
  • John Olaisen
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Stian Wibstad
ABGSC Renewable Energy Research ... (+2)
  • ABGSC Renewable Energy Research
  • Daniel Vårdal Haugland
 PRESS RELEASE

Subsea 7 - Awarded contract offshore Australia

Subsea 7 - Awarded contract offshore Australia Luxembourg –16 December 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced a substantial1 award by Chevron Australia. The contract covers subsea installation on the Gorgon Stage 3 (GS3) Project, offshore Australia. Subsea7’s scope of work includes project management, engineering, procurement, fabrication, transportation, installation and pre-commissioning of subsea equipment and associated infrastructure at GS3, at 1,350m water depth. Project management and engineering work will commence immediately from Subsea7’s office in Pe...

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Flow Traders: Stronger November market value and volatility; KPN: Collective labour agreement over 18 months with a total salary increase of 5%; Theon International: 99% subscribed, rump covered; VÅR ENERGI: Good old Ekofisk.

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

Subsea 7 S.A. Financial Calendar

Subsea 7 S.A. Financial Calendar Luxembourg – 12 December 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announced today its financial calendar for 2026. Results for the financial year to 31 December 2025 26 February 2026 – Quarterly report (Q4) 20 March 2026 – Annual report for 2025 Results for the financial year to 31 December 2026 30 April 2026 – Quarterly report (Q1) 12 May 2026 – Annual General Meeting 30 July 2026 – Half-yearly report and quarterly report (Q2) 19 November 2026 – Quarterly report (Q3) *******************************************************************...

 PRESS RELEASE

Subsea7 Related Party Transaction

Subsea7 Related Party Transaction Luxembourg – 12 December 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced that, its Board of Directors has agreed to reimburse Siem Industries S.A. for certain legal costs in relation to the proposed merger of Subsea7 S.A. with Saipem S.p.A. The total value of the reimbursement is under $1 million and covers legal work relating to the Shareholders’ Agreement dated 23 July 2025 entered into between Eni S.p.A., CDP Equity S.p.A. and Siem Industries S.A. and ongoing support in relation to the anti-trust process associated with the proposed me...

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

Subsea7 awarded contract offshore for BC-Wind project in Poland

Subsea7 awarded contract offshore for BC-Wind project in Poland Luxembourg – 8 December 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award to Seaway7, part of the Subsea7 Group, of a sizeable contract by Ocean Winds for the BC-Wind project. The BC-Wind offshore site is located in the Baltic Sea, approx. 23 kilometres off the Polish coast, and will comprise 26 wind turbine generators. Seaway7’s scope of work includes the transport and installation of 26 transition pieces and an offshore substation with offshore activity expected to commence in 2027. Stuart Fitzger...

ABGSC Energy Research ... (+6)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • John Olaisen
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Stian Wibstad
ABGSC Energy Research ... (+6)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • John Olaisen
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Stian Wibstad
ABGSC Energy Research ... (+6)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • John Olaisen
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Stian Wibstad
 PRESS RELEASE

Subsea7 awarded contract offshore UK

Subsea7 awarded contract offshore UK Luxembourg – 1 December 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Ithaca Energy, for the provision of off-station decommissioning services for the Alba Floating Storage Unit and Greater Stella field FPF-1 production facility, approximately 230 kilometres east of Aberdeen. This decommissioning scope includes the flushing of the subsea pipelines, provision of diver support vessel services, and seabed clearance.  Project management and engineering will commence immediately at Subsea7’s office i...

ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • John Olaisen
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Njål Kleiven
  • Stian Wibstad
ABGSC Oil & Oil Services Research ... (+4)
  • ABGSC Oil & Oil Services Research
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Njål Kleiven
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