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S

SUBSEA 7 NORWAY AS936 742 475

Services for oil and gas
Limited company
Kanalsletta 9 4033 STAVANGER, Norge

SUBSEA 7 NORWAY AS

Operating
Utførelse av undervannskonstruksjons- og vedlikeholdsarbeider, geotekniske og geofysiske undersøkelser, fjerning av utrangerte undervannsinstallasjoner og/eller offshoreinstallasjoner inklusiv tilhørende avfallstransport og avfallsmegling og andre typer arbeider for offshoreindustrien så vel på den norske kontinentalsokkel som internasjonalt. Selskapets formål er videre å eie og drive skip, drive skipsmeglingsvirksomhet, assuransevirksomhet, investeringer i fast eiendom, samt deltagelse i andre selskaper av enhver art enten ved aksjekjøp eller på annen måte, samt å avgi garantier og annen sikkerhetsstillelse i forbindelse med selskapets virksomhet, herunder avgi garantier og stille sikkerhet for selskaper innenfor samme konsern som selskapet tilhører.
Skipsfart, formidling av befraktning og kjøp og salg av skip, offshorevirksomhet, handels- og agenturvirksomhet samt deltagelse i andre sel- skaper av enhver art.

Keywords

crude oilnatural gasassemblydisassemblyinspectionrepairmaintenance (irm)insulationsurface treatmentscaffolding (iso)heatingventilationair conditioning (hvac)seabedcontrol cablesrisersflow pipesfloating tankersfpsodiving operationsunderwater exploration (rov)pipescablesengineeringproject activitiesliquefactionregasificationfirefighting

Organization

Chairman of the board
Years since formation
31 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
756

Ownership

Number of shares and share classes
302
2 share classes
Total number of shareholders
2
companies
Belongs to group of

Financials

Total operating income 2025
11,397,918,947
NOK
Annual total result 2025
1,207,641,092
NOK
Total equity 2025
1,371,568,358
NOK
Last update: Jul 16, 2026

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-
Board Member-
Alternate Member-
Alternate Member-
Board Member-
Board Member-
Board Member-
Alternate Member-
Alternate Member-
Alternate Member-
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Feb 11, 2026

Ownership

Company shareholders

NameShare classTotal number of sharesShare
S
SUBSEA 7 HOLDING NORWAY AS
Class B shares
290
96.03 %
S
SUBSEA 7 HOLDING NORWAY AS
A-shares
12
3.97 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
11,397,918,947
11,625,792,374
10,659,831,194
8,739,383,197
4,706,339,200
Annual Total Result
1,207,641,092
1,052,854,902
1,604,133,789
477,031,944
-192,413,692
Total assets
5,416,023,502
6,856,052,072
5,748,478,530
3,685,737,896
3,287,192,536
Total liabilities
4,044,455,144
3,738,936,303
3,389,579,091
2,481,757,547
3,215,843,376
Total equity
1,371,568,358
3,117,115,770
2,358,899,438
1,203,980,349
71,349,160

P&L

Year20252024202320222021
Total operating income
11,397,918,947
11,625,792,374
10,659,831,194
8,739,383,197
4,706,339,200
Total operating costs
9,628,242,245
10,526,471,351
9,206,443,041
8,143,654,084
4,956,660,054
Operating result
1,769,676,702
1,099,321,022
1,453,388,153
595,729,113
-250,320,854
Financial income/costs
-219,724,153
252,431,054
604,945,055
-26,363,741
-7,169,633
Profit before tax
1,549,952,548
1,351,752,076
2,058,333,209
569,365,372
-257,490,487
Total tax & extraordinary income/cost
342,311,456
298,897,174
454,199,420
92,333,428
-65,076,795
Annual Total Result
1,207,641,092
1,052,854,902
1,604,133,789
477,031,944
-192,413,692

Balance overview

Year20252024202320222021
Total fixed assets
864,545,713
1,007,690,303
1,089,907,477
766,998,219
1,023,911,902
Total current assets
4,551,477,789
5,848,361,769
4,658,571,053
2,918,739,677
2,263,280,634
Total assets
5,416,023,502
6,856,052,072
5,748,478,530
3,685,737,896
3,287,192,536
Short term debt
2,959,715,695
3,038,308,171
2,741,778,541
2,172,416,548
2,745,403,476
Long term debt
1,084,739,450
700,628,132
647,800,550
309,340,998
470,439,900
Total liabilities
4,044,455,144
3,738,936,303
3,389,579,091
2,481,757,547
3,215,843,376
Contributed capital
617,115,506
1,088,881,506
1,085,630,010
1,083,546,718
432,203,360
Retained earnings
754,452,852
2,028,234,264
1,273,269,429
120,433,631
-360,854,200
Total equity
1,371,568,358
3,117,115,770
2,358,899,438
1,203,980,349
71,349,160
Total equity and liabilities
5,416,023,502
6,856,052,072
5,748,478,529
3,685,737,896
3,287,192,536

Classification

21st company classification
BETA
Industrial large enterprise
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
B
Main industrial area
Mining and quarrying
09
Activity
Mining support service activities
09.1
Main industrial group
Support activities for petroleum and natural gas extraction
09.10
Industrial group
Support activities for petroleum and natural gas extraction
09.109
Industrial group
Other support activities for petroleum and natural gas extraction