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Subsea 7 S.A. (SUBC.OL)


Oslo - Oslo Delayed Price. Currency in NOK
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127.50-0.90 (-0.70%)
At close: 4:25PM CEST

Subsea 7 S.A.

412F, Route d'Esch
Luxembourg 2086
Luxembourg

http://www.subsea7.com

SectorBasic Materials
IndustryOil & Gas Equipment & Services
Full Time Employees8,500

Key Executives

NameTitlePayExercisedAge
Mr. Jean P. CahuzacChief Exec. Officer and Exec. DirectorN/AN/A63
Ms. Nathalie LouysGen. CounselN/AN/A54
Mr. Keith TipsonExec. VP of HRN/AN/A59
Mr. Øyvind MikaelsenExec. VP of CommercialN/AN/A54
Mr. Ricardo H. RosaChief Financial OfficerN/AN/A61
Amounts are as of December 31, 2007 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

Subsea 7 S.A. operates as a seabed-to-surface engineering, construction, and services contractor to the offshore 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, construction, and installation of subsea umbilicals, risers, and flowlines; life of field services, such as inspection, maintenance, repair, integrity management, and remote intervention of subsea infrastructure; conventional services comprising fabrication, installation, extension, and refurbishment of fixed and floating platforms and associated pipelines; and hook-up services consisting of installation of modules on new platforms and the refurbishment of topsides of existing, fixed, and floating production facilities. In addition, it operates heavy lifting vessels and oil and gas structures; and installs offshore wind farm 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. It has 29 vessels in the active fleet; 2 vessels under construction; and approximately 175 ROVs. 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 May 1, 2017 is 5. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 1; Compensation: 9.

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 a 10 indicates higher governance risk.