Wind impairment drags on Subsea 7 bottom line

UK-based contractor slumps to Q4 loss on weakness in renewables market but bullish on subsea work prospects in deep water

Hardware: Subsea 7's Seven Borealis — Hardware: Subsea 7's Seven BorealisPhoto: SUBSEA 7

Steve Marshall

Oslo

Subsea 7 North Sea Norway Australia Subsea

Published 26 February 2020, 09:07Updated 26 February 2020, 09:07