Subsea 7 SA
SUBC: XOSL (NOR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
NOK 872.00 | Rvc | Thlzdglw |
Subsea 7's Performance Will Improve as Offshore Oil and Gas Activity Expands Over Next Five Years
Business Strategy and Outlook
Subsea 7 specializes in offshore engineering and construction, in which the firm handles the majority of operations in offshore projects, from design to fabrication and installation to maintenance. It’s one of a few firms with the requisite capacity and technological capability to execute the notoriously complex offshore projects.