Subsea 7 SA

SUBC: XOSL (NOR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	NOK 822.00	Gswq	Lvkqrqw

Subsea 7: Backlog Exceeds 2013 Levels as Offshore Contracting Drives Record Order Intake

Joshua Aguilar ,

Aug 14, 2024

Business Strategy and Outlook

Subsea 7 specializes in offshore engineering and construction. The firm handles the majority of operations for offshore oil and gas projects, from design to fabrication and installation to maintenance. It’s one of a few firms with the requisite capacity and technological capability to execute the notoriously complex offshore projects.

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