TGS Reintroduces Ramform Vanguard for Offshore Wind and Site Survey OSLO, Norway (6 March 2026) – TGS, a leading provider of energy data and intelligence, is pleased to announce a new acquisition campaign for the Ramform Vanguard during the upcoming European summer season, following its winter-stack period. The campaign is scheduled to begin in mid-March with an oil and gas site survey, before continuing with two offshore wind contracts. The current plan extends acquisition activities well into the third quarter. Kristian Johansen, CEO of TGS, commented, "We are very pleased to have secure...
Subsea7 awarded contract offshore Türkiye Luxembourg – 04 March 2026 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a large1 variation order by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye. The award represents an extension to the contract announced by Subsea7 on for the third phase of Sakarya and will connect the recently discovered Goktepe field to the Phase 3 floating production unit. The scope of work comprises engineering, procurement, construction and installation (...
Subsea7 announces CEO succession Luxembourg – 3 March 2026 - Subsea7 today announced that John Evans will retire from his position as CEO on the 30 June 2026 and will be succeeded from 1 July 2026 by Stuart Fitzgerald who is currently CEO of Seaway7, part of the Subsea7 Group. The Board will propose that John is appointed as a Director of the Company at the Annual General Meeting on 12 May 2026. John has worked for Subsea7 and its predecessor companies for 40 years. He was COO of Subsea7 for 14 years and has been CEO of Subsea7 since 2020. Stuart has been CEO of Seaway7 since 2022. He jo...
TGS Announces Multi-client 3D Survey Offshore Nigeria OSLO, Norway (27 February 2026) – TGS, a leading provider of energy data and intelligence, announces the Nigeria Laide multi-client 3D survey, acquired in partnership with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and SeaSeis Geophysical Limited. The survey lies within the Outer Fold & Thrust Belt of the eastern Niger Delta, one of Nigeria’s most prolific hydrocarbon regions and covers approximately 11,700 square kilometers. The Laide multi-client 3D survey design is based on the GeoStreamer dual-sensor system, long...
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...
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...
In today's Morning Views publication we comment on developments of the following high yield issuers: Nemak, Aston Martin, International Personal Finance, Assemblin Caverion, Nimlas, Vallourec, TDC NET, Eutelsat, Telecom Italia, Techem, Elior, Ineos Quattro, Odfjell Drilling, Centrient, Encore Capital (formerly Cabot), OPmobility, Grupo Antolin
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