To make possible the global delivery of offshore energy for today and tomorrow.
We create sustainable value by delivering the offshore energy transition solutions the world needs.
How we make possible
These are the key areas that differentiate Subsea7:
- Early engagement and system innovation
- Collaboration and partnerships
- Integrated services
- Sustainable delivery
- Digital solutions
2022 Financial Performance
$78mDividends and share repurchases
Our Business Model
Our clientsOur collaborative way of working helps us to develop the best solutions for our clients’ needs. We are able to lower our clients’ costs by utilising our technology, our assets and efficient work processes. Our culture ensures good performance without
Our shareholdersWe seek to create long-term value for our shareholders in all that we do. We have a disciplined approach to capital allocation and a commitment to good governance. Through roadshows and conferences, we aim to communicate effectively with our existing and potential new shareholders.
Our peopleOur people are the foundation of our business. Our experts, onshore and offshore, can deliver solutions around the world, leading the industry in know-how and the ability to innovate. We invest in our people, giving them opportunities to learn and grow.
SocietyWe engage with the societies we work in. Through local partnerships we create and develop local content opportunities, and contribute to the communities in which we work. With Integrity as a Value we have a zero tolerance attitude towards non-compliant business practices.
Subsea7 creates sustainable value by delivering the offshore energy transition solution the world needs.
Committed to operating in a safe, ethical and responsible manner
0.01Lost-time incident frequency rate per 200,000 hours worked
617,309Tonnes of scope 1 CO2 emissions
10.5 GWCumulative power capacity of renewables projects supported to end of 2022
85%% of waste reused or recycled from onshore owned sites
16Litres of environmental spill per 200,000 hours worked
1.06Environmental incident frequency rate per 200,000 hours worked
6,691Number of employees completing compliance ethics e-learning including anti-corruption
81%Percentage of suppliers with a contract that included human rights clauses