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...
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