Subsea 7 aims for revenue rise from 'sustainable and robust renewables business'

Chief executive sees renewables unit delivering profits over $1 billion and Ebitda margins of over 10%

Renewables: the heavy-lift vesssel Seaway Strashnov installing jackets for an offshore wind farm project in the North Sea
Renewables: the heavy-lift vesssel Seaway Strashnov installing jackets for an offshore wind farm project in the North SeaPhoto: SUBSEA 7/SEAWAY 7
Published 26 February 2021, 14:51Updated 3 March 2021, 14:48