Subsea 7 S.A. Notice of Extraordinary General Meeting NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW Luxembourg – 24 July 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) (the Company) today published and distributed to eligible holders of common shares the notice of meeting for an extraordinary general meeting of shareholders (the EGM). The purpose of the EGM is to consider the proposed combination between Subsea7 and Saipem SpA. The EGM is scheduled to take place at 15:00 (local time) on ...
Subsea7 and Saipem announce signing of the Merger Agreement NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW Transaction structure and terms confirmed in line with Memorandum of Understanding Creating a global leader in energy services Milan, Luxembourg, 24 July 2025 - Saipem and Subsea7 announce that they have entered into a binding merger agreement, on terms and conditions in line with what previously communicated at the time of the signing of the Memorandum of Understanding on 23 Februa...
Subsea7 awarded substantial contract Luxembourg – 23 July 2025 – Subsea7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial(1) contract. The project involves the engineering and offshore installation of flexible pipe, umbilicals, subsea equipment and a mooring system. Project management and engineering activities will begin immediately at Subsea7's office in Houston, Texas, with offshore operations expected to start in 2027. No additional details will be provided at this time. (1) Subsea7 defines a substantial contract as being between $150 million and $300 ...
Scatec awarded 846 MW Solar PV projects in government tender in South Africa Oslo, 22 July 2025: Scatec ASA has been awarded preferred bidder status for a total of 846 MW solar (the Kroonstad PV cluster), in the seventh round of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) by the Department of Electricity and Energy (DEE) in South Africa. The award follows a re-allocation of MW under the seventh bid window from onshore wind to solar PV. Once operational, the projects will provide clean and reliable energy under 20-year PPAs. Located in the Free State pro...
Subsea7 awarded contract offshore Norway Luxembourg – 17 July 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a large1 contract by Equinor relating to the Fram Sør development project, offshore Norway. The project work scope covers engineering, procurement, construction and installation (EPCI) of subsea structures and flowlines including 53 kilometres of production, gas lift and water injection lines. The scope also includes installation of the umbilical system. It follows the award on 9 January 20252 of a contract for front-end engineering and design that ...
Subsea 7 - awarded contract offshore Egypt Luxembourg – 4 July 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of sizeable1 contract offshore Egypt. Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures. Project management and engineering work will begin immediately at Subsea7’s offices in France, Portugal, and Egypt. Offshore activity is expected to start in 2026. David Bertin, Subsea7’s Senior Vice Presid...
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