Rigs and Vessels

Subsea 7 sees tightening vessel availability boosting margins

Offshore services contractor expects rising returns from new projects amid growing demand and limited vessel capacity

High demand: Norway, the Gulf of Mexico and Brazil remain the three ‘hotspots’ of consumer demand for conventional oil and gas offshore services and vessels, Subsea 7 chief executive John Evans said.
High demand: Norway, the Gulf of Mexico and Brazil remain the three ‘hotspots’ of consumer demand for conventional oil and gas offshore services and vessels, Subsea 7 chief executive John Evans said.Photo: SUBSEA 7
London
Subsea 7John EvansFPSOBrazilMexico
Published 24 November 2022, 15:59Updated 30 November 2022, 09:20