Subsea 7 secures a major contract from Aker BP to develop the Lyra field, previously named Kjøttkake, in Norway’s northern North Sea. The project is located about 44 kilometers from the Gjøa platform. The contract supports offshore oil field expansion in the region.
Subsea7 secures a new offshore contract in the United States. The company specializes in subsea engineering and construction services for the energy sector. Details on the contract’s scope or value have not been disclosed.
Subsea 7 S.A. elects John Evans as an Executive Director on its Board, effective at the 2026 AGM. Evans will hold the role until retiring as CEO on June 30, 2026, then transitioning to Non-Executive Director. The appointment follows the company’s annual shareholder meeting.
Stuart Fitzgerald, current CEO of Seaway7, will assume leadership of Subsea7 as its new chief executive on **1 July 2026**, succeeding John Evans upon retirement. The transition marks a consolidation of roles within the Subsea7 group, where Fitzgerald has previously held executive positions. Subsea7 operates globally in subsea engineering and construction services.
