SUBC Subsea 7 S.A.

Under the agreement, SLB OneSubsea will provide subsea trees, manifolds, umbilicals and control systems for deepwater development.

ExxonMobil has selected SLB’s OneSubsea joint venture to supply subsea production systems for the first phase of its giant Rovuma LNG development in Mozambique

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The French industrial group climbed after landing a major Subsea7 contract for Petrobras’s Sepia 2 project, adding another deepwater order to an increasingly busy Brazilian pipeline.

Here is how Galp Energia SGPS SA (GLPEY) and Subsea 7 SA (SUBCY) have performed compared to their sector so far this year.

Subsea 7 (OB:SUBC) shares are trading against the backdrop of a new sizeable contract from LLOG Exploration for the Who Dat East development in the US Gulf, valued between US$50 million and US$150 million. The latest contract arrives while Subsea 7’s share price has already produced a strong year to date, with a 58.08% share price return and a 78.31% total shareholder return over one year. This suggests that recent gains are building on longer term momentum rather than a short lived reaction...

The scope of work includes fabrication, transportation and installation of a 29km steel catenary riser and pipe-in-pipe system.

SUBCY secures a $50M-$150M LLOG contract for Who Dat East, adding Gulf of America subsea work to its $13.6B project backlog.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Subsea 7 SA (ACGYF) reports a 31% surge in adjusted EBITDA and a record $13.6 billion backlog, prompting an upward revision to its full-year margin guidance.

After a preliminary assessment, the EC voiced concerns that the merger could increase concentration within the global SURF market.

After a preliminary assessment, the EC voiced concerns that the merger could increase concentration within the global SURF market.

SLB OneSubsea will supply subsea production systems for 13 wells.