subsea 7 - company evolution

Subsea 7 offers all the disciplines that make subsea development possible, even in the harshest and deepest of environments. It is certain that industry will continue to explore and develop in deeper water. With our aggressive research and development programme, we will ensure that Subsea 7 is the clear leader in the provision of complete subsea solutions subsea construction and IRM, towed production systems, pipelay services, deepwater systems and technology, remote technology, survey and positioning, ROV services, Controlled depth tow method (CDTM), Kommandor Subsea, Kommandor 3000, Seisranger, Toisa Polaris, Skandi Navica, Subsea Viking. The global provider of total subsea solutionssubsea operations by subsea 7 with the Skandi Navica - previously linked with Rockwater but look for the site www.subsea7.com for ROV in subsea UK under the subsea7.com website which also features ROVs and ajoined by Rockwater offshore which offers ROV services including the hercules ROV and mentioning the Procap 3000 linked to the Toisa Puma which is familiar with Rio de Janeiro subsea operations featuring subsea umbilicals and well intervention vessels in deep water like the ROV Hercules which knows Wick and subsea operations in Wick including Nigeria Coiled Tubing and observation ROV plataforma de petroleo troll linking ROV designSubsea 7 is the company created through the merger of leading subsea contractors Halliburton Subsea an DSND Subsea ASA.Subsea 7 offers the oil and gas industry the opportunity to utilise a modern fleet of 20 multi-purpose vessels, more than 100 remotely operated vehicles (ROVs) and all of the other asstes of this integrated company. These assets, together with our global expertise resources and technology, make Subsea 7 the prime subsea contractor in the offshore market.With regional operations located in Scotland, Norway, Singapore, Azerbaijan, Brazil and the United States, Subsea 7 provides services ranging from survey and positioning to platform and pipeline installation, underwater inspection, maintenance and repair through to full EPIC contracts and abandonment.Safety, health and the environment are inherent n all we have achieved and will remain the pivotal foundations of performance as Subsea 7 continues to develop the company’s position as a global contractor with a strong investment in intellectual capital - engineers with the vision, knowledge and skills to entend existing boundaries of technology as the industry responds to the need to access hydrocarbon resources in even more remote areas and deeper waters.Our Deepwater Technology Team is constantly addressing that task by developing ground-breaking technology in the areas of deepwater riser systems, entended tiebacks, ROV/RIT, subsea process , flow assurance and total production.Yet technical excellence in not enough in itself. It is our hope that clients will look to Subsea 7 as a project partner equipped with the required experience and multi-disciplined approach to meet new challenges and produce a fast-track response.Subsea 7 have subsea operations in Canada, United States, United Kingdom, Norway, Brazil, West Africa, Caspian, Asia Pacific, Australiasubsea construction and irm

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1854 DSND (Det Sondenfjelds-Norske Dampskibsselskab) was established as a shipping, passenger transport and ferry business between Norway and Hamburg. DSND continued in this line, improving their technology until 1964.
1919 Herman Brown, his brother George and brother-in-law Dan Root, joined together to form Brown & Root. They built roads, dams, bridges and ships, and the first offshore oil platform.
1962 Brown & Root was acquired by Halliburton.
1964 DSND’s passenger transport business ceased. The company maintained its position as a stable shipping company until 1985.
1969 SubSea Offshore was owned by Ocean Drilling and Exploration Company (ODECO) of America and began North Sea operations in 1973.
1976 Wharton Williams (2W) began as a diving and construction company.
1976 SubSea Offshore started ROV operations in 1976 with the first ROV system purchased.
1977 A joint venture was set up with 2W and Taylor Diving Salvage, TDS were already part of the Halliburton Group.
1983 SubSea Offshore began production of its own design, the Pioneer Remotely Operated Vehicle (ROV).
1985 DSND was revitalised as an investment company active in the shipping industry.
1988 Brown and Root bought out Wharton Williams.
1990 In the early nineties, DSND shifted more into the offshore business, making several offshore-related investments and selling traditional shipping assets.
1990 SubSea International (SubSea Offshore’s holding company) was acquired by a partnership of American Investment Bankers, The Energy Recovery Fund and the general partners of Goldman Sachs and Company.
1990 Rockwater was formally launched as 50% Smit and 50% 2W.
1993 The SubSea Group was merged with Baroid.
1993 SubSea purchased Brown & Root Survey.
1994 Baroid Corporation was acquired by Dresser Industries.
1994 Dresser/SubSea acquired Subtech.
1995 Since the early nineties DSND had turned their focus towards offshore oil related investments, which included offshore construction, well maintenance and geotechnical drilling.
1997 Rockwater became wholly owned by Brown & Root.
1997 DSND acquired Oceaneering International Services Ltd’s diving and construction business in the North Sea.
1997 DSND entered into an agreement to buy 90% of the shares in Consub SA, Brazil.
1998 DSND bought all shares in Nemo Engineering AS.
1998 DSND entered into an agreement to merge with Seatem Technology ASA.
1998 Halliburton merged with the Dresser group.
1999 Rockwater and SubSea combined to form the subsea suite of companies known as Halliburton Subsea.
1999 DSND entered into an agreement to purchase all shares in Hays Ships.
2002 Halliburton Subsea and DSND combine resources to form ‘Subsea 7’.
2002 Sale of Geotechnical business to Fugro.
2005 Siem Offshore Inc become the sole owner of Subsea 7.
2005 Restructuring of Company. Subsea 7 traded on Oslo Stock Exchange (Ticker Code: SUB)