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.
-
Scientists discover unexpected climate benefit hidden in forest soils related to atmospheric methane absorption.
-
Sandy unproductive land can become a highly profitable area with a simple technique that boosts soybeans and corn to over 100 sacks.
-
The new Kia hatch will have a range of up to 480 km, may cost up to 25,000 euros (around R$ 150,000), and promises to become one of the most affordable electric cars in Europe; meet the Kia Picanto Electric.
-
Viih Tube, former BBB contestant and millionaire, lives in a mansion worth R$ 8.5 million with a heated artificial lake, two cinemas, a complete spa, and a giant playroom of 120 m² for the couple’s children.
One initial priority project will be a joint effort between Subsea 7 and 4Subsea to monitor key operational data from Subsea 7 vessels, contributing to the digitization of their maritime operations. In Brazil, the company operates four PLSVs contracted by Petrobras: Seven Cruzeiro, Seven Rio, Seven Sun, and Seven Waves.
Subsea 7 is a global leader in delivering offshore projects and services for the evolving energy sector. The company is registered in Luxembourg, with headquarters in London, United Kingdom. Subsea 7 has been in operation for five decades, successfully completing over 1,000 projects.
Meanwhile, 4Subsea was founded in 2007 and is a leading provider of technology and services that help operators maintain production in subsea oil and gas fields and offshore wind farms. By combining specialized engineering expertise, practical experience, and digital service, it ensures the integrity of underwater assets from reservoir to deck.
4Subsea has offices in Asker, Bergen, and Kristiansand in Norway, Aberdeen in the United Kingdom, and Macaé and Rio de Janeiro in Brazil.
Read Also! Petrobras Signs Second Contract with Weatherford in Less Than 30 Days!

Seja o primeiro a reagir!