Subsea 7 sees profits drop

Lower pricing hits Q3 revenue but subsea contractor raises earnings guidance for 2020 on higher market activity

Bowing out: Subsea 7 chief executive Jean Cahuzac — Bowing out: Subsea 7 chief executive Jean CahuzacPhoto: Ida von Hanno Bast

Steve Marshall

Published 7 November 2019, 08:10Updated 7 November 2019, 08:17