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OFS - Subsea 7 acquires 4Subsea to expand digital capability - October 2019

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London-based Subsea 7 has acquired Norwegian energy services and technology firm 4Subsea through a 100% stock buyout. 4Subsea will be autonomous and maintain an independent brand and management team, including CEO Peter Jenkins. It will support Subsea 7 in delivering advanced digital solutions to customers and be a key contributor to the digital transformation of Subsea 7’s business delivery. Subsea 7 EVP Stuart Fitzgerald said the acquisition is an important opportunity for his company......
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