Green salvation: surging renewables help oil & gas player Subsea 7 through tough year

Chief executive sees renewable energy unit delivering profits over $1bn and Ebitda margins of over 10%

Subsea 7's Seaway Strashnov installing offshore wind jackets. — Subsea 7's Seaway Strashnov installing offshore wind jackets.Foto: Courtesy of Seaway 7

Gareth Chetwynd

Published 1 March 2021, 09:22Updated 1 March 2021, 09:22

Subsea 7 Europe