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Joint Ventures

Our participation in joint ventures, in partnership with local companies, contributes to local economic development.

We have an established local presence in many countries where our joint ventures provide stable and formal jobs to local employees. This impacts positively to the growth of local company networks by contracting with local suppliers and subcontractors. Local skills and capabilities are further improved by transferring knowledge, know-how and best practices.

Among the joint ventures in which Subsea 7 is a partner are the following:

Global Oceon (Nigeria)

Global Oceon is a joint venture located in Lagos which provides multi-disciplinary engineering services. http://globaloceon.com/

Sonamet (Angola)

Sonamet is a joint venture formed in the late 1990s in Angola. It operates the Lobito fabrication yard, which provides construction services for shallow and deep water projects off the coast of Angola. https://www.sonamet.com/

Subsea 7 Volta Contractors and Belmet 7 (Ghana)

Subsea 7 Volta Contractors is a joint venture founded in Ghana which provides EPCI and IMR project support and execution, to the oil and gas industry for offshore projects in Ghana. Belmet 7 operates a fabrication yard located in Takoradi which supports both onshore and offshore oil and gas projects.

ENMAR (Mozambique)

ENMAR is a joint venture established in Mozambique for the purpose of developing and operating a local fabrication facility. 

Subsea 7 Equatorial Guinea

Subsea 7 Equatorial Guinea is a joint venture developed to provide life of field services and SURF and conventional projects for the oil and gas industry offshore Equatorial Guinea. It has an office in Malabo.

Subsea 7 Malaysia

Subsea 7 Malaysia is a joint venture established to provide EPCI services to the oil and gas industry in Malaysia.