Subsea 7 S.A. (SUBCY)

15.84 -0.34 (-2.10%) As of 09:33AM EDT. Market open.

Subsea 7 S.A.

Route d'Esch
412 Floor
Luxembourg City 1471
Luxembourg

https://www.subsea7.com

Sector(s): Energy
Industry: Oil & Gas Equipment & Services
Full-time employees: 8,349

Key executives

Name	Title	Pay	Exercised	Year born
Mr. John Evans	Chief Executive Officer	1.35M	N/A	1963
Mr. Mark Foley	Chief Financial Officer	778.3k	N/A	1973
Mr. Phillip Simons	Executive Vice President of Projects & Operations	N/A	N/A	1966
Ms. Katherine Tonks	Head of Investor Relations & Investor Relations Director	N/A	N/A	N/A
Ms. Nathalie Louys	General Counsel	N/A	N/A	1963
Ms. Katherine Lyne	Executive Vice President of Human Resources	N/A	N/A	1969
Mr. Olivier Blaringhem	Executive Vice President of Subsea & Conventional	N/A	N/A	1970
Philippe Gleize	MD of Seaway 7 Integrated Projects & Floating Wind Business Unit	N/A	N/A	N/A
Mr. Marcelo Xavier	Executive Vice President of Strategy & Sustainability	N/A	N/A	1980
Mr. Stuart Fitzgerald	Chief Executive Officer of Seaway7	N/A	N/A	1969

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Subsea 7 S.A. delivers offshore projects and services for the energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore. The company also offers engineering, procurement, commissioning, and installation of subsea umbilicals, risers, and flowlines; inspection, repair, maintenance, remote intervention, and integrity management of subsea infrastructure services; conventional services comprising fabrication, installation, extension, and refurbishment of fixed and floating platforms and associated pipelines in shallow water; and hook-up services. In addition, it operates heavy lifting operations and heavy transportation services for renewables structures; and installs offshore wind turbine foundations, as well as engages in the decommissioning of redundant offshore structures. Further, the company provides remotely operated vehicles (ROVs) and tooling services to support exploration and production activities, as well as engineering and advisory services for customers in the oil and gas, renewables, and utilities industries. The company was incorporated in 1993 and is based in Luxembourg City, Luxembourg.

Corporate governance

Subsea 7 S.A.’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 6; Board: 7; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.