trending Market Intelligence /marketintelligence/en/news-insights/trending/jLDVzgMg0X7C4cnyNKNPTg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Subsea 7 procures offshore construction, dive support vessel

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Subsea 7 procures offshore construction, dive support vessel

Oil and gas equipment and services company Subsea 7 SA announced Jan. 16 that it finalized the acquisition of the multipurpose offshore construction and dive support vessel Toisa Pegasus, for an undisclosed amount.

The vessel will be renamed Seven Pegasus and will be used to support the firm's operations in the North Sea and the Asia Pacific region. However, before operations start in the second quarter, the vessel will go through a docking and crew familiarization program.

"This acquisition reinforces our leading diving capabilities and reflects our strategy to actively manage our fleet composition to meet our client's requirements and market conditions," Subsea 7 COO John Evans said.