Setor de Petróleo tem mais um importante negócio, Subsea 7 compra 4Subsea

Oil Sector Has Another Important Deal, Subsea 7 Acquires 4Subsea

Written by Renato Oliveira

Published on 05/10/2019 at 09:47

Updated on 05/10/2019 at 09:50

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Announcement from 4Subsea Made Last Thursday (10/03) Shows the Oil Sector Recovering with Positive Outlook for Companies

The Oil and Gas sector remains busy, 4Subsea announced on October 3 that it has been wholly acquired by Subsea 7. In a statement, the company informed that 4Subsea will operate independently from Subsea 7, maintaining its brand and an independent management team, with the deal’s financial details not disclosed. The Brazilian Tech-Insp is Also Expanding Its Business!

The aim of the deal between the companies is to enhance and expand the know-how, technology, and services of 4Subsea for a global market. It was also informed that Peter Jenkins of 4Subsea will remain as CEO of the company.
4Subsea will support Subsea 7 in providing advanced digital solutions to its clients under the Life of Field and Field Development contracts and will be a key contributor to the ongoing digital transformation of Subsea 7’s business delivery.

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Oil Sector Has Another Important Deal, Subsea 7 Acquires 4Subsea

Announcement from 4Subsea Made Last Thursday (10/03) Shows the Oil Sector Recovering with Positive Outlook for Companies

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