Steady ship for Subsea 7

Subsea 7 maintained a stable profit in the third quarter on cost-cutting despite reduced revenue due to lower offshore field activity that also hit its order backlog.

Lower backlog: Subsea 7 chief Jean Cahuzac
Lower backlog: Subsea 7 chief Jean Cahuzac
Published 10 November 2016, 08:54Updated 10 November 2016, 08:55
Western Europe