Subsea 7 SA

SUBC: XOSL (NOR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	NOK 826.00	Rwjr	Pfpttymn

Subsea 7's Backlog Remains Robust as Elevated Offshore Project Demand Persists Through Early 2024

Katherine Olexa

May 7, 2024

Business Strategy and Outlook

Subsea 7 specializes in offshore engineering and construction. The firm handles the majority of operations for offshore oil and gas 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.

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