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Subsea 7 S.A. (SUBCY)

Other OTC - Other OTC Delayed price. Currency in USD
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13.43-0.04 (-0.30%)
At close: 03:45PM EST

Subsea 7 S.A.

Route d'Esch
412 Floor
Luxembourg City 1471
Luxembourg

https://www.subsea7.com

Sector(s)Energy
IndustryOil & Gas Equipment & Services
Full-time employees13,437

Key executives

NameTitlePayExercisedYear born
Mr. John EvansChief Executive Officer1.27MN/A1963
Mr. Mark FoleyChief Financial Officer856.6kN/A1973
Mr. Phillip SimonsExecutive Vice President of Projects & OperationsN/AN/A1966
Ms. Katherine TonksHead of Investor Relations & Investor Relations DirectorN/AN/AN/A
Ms. Nathalie LouysGeneral CounselN/AN/A1963
Ms. Katherine LyneExecutive Vice President of Human ResourcesN/AN/A1969
Mr. Dick MartinSenior Vice President of AlliancesN/AN/AN/A
Mr. Olivier BlaringhemExecutive Vice President of Subsea & ConventionalN/AN/A1970
Philippe GleizeMD of Seaway 7 Integrated Projects & Floating Wind Business UnitN/AN/AN/A
Mr. Marcelo XavierExecutive Vice President of Strategy & SustainabilityN/AN/A1980
Amounts are as of 31 December 2022, 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. Subsea 7 S.A. was incorporated in 1993 and is based in Luxembourg.

Corporate governance

Subsea 7 S.A.’s ISS governance QualityScore as of 1 February 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.