Potential offtaker

Subsea 7 S.A.

www.subsea7.com

Estimated electricity consumption

N/A

Countries of production presence

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Subsea 7 SA is a leading global provider of subsea and offshore oilfield services. The company is headquartered in London, United Kingdom, and has operations in over 30 countries worldwide. Subsea 7 is committed to providing innovative, safe, and sustainable solutions to the oil and gas industry.

Decarbonisation is a key focus for Subsea 7. The company recognizes the urgent need to reduce greenhouse gas emissions and transition to a low-carbon economy. Subsea 7 is committed to playing its part in this transition by reducing its own emissions and supporting its clients in their decarbonisation efforts.

Corporate energy is another area of focus for Subsea 7. The company is committed to reducing its energy consumption and increasing its use of renewable energy sources. Subsea 7 has set ambitious targets to reduce its energy consumption and greenhouse gas emissions, and is actively exploring opportunities to invest in renewable energy projects.

Corporate power purchase agreements (PPAs) are a key tool for Subsea 7 to achieve its renewable energy goals. PPAs allow companies to purchase renewable energy directly from generators, providing a stable and predictable source of renewable energy. Subsea 7 has already signed several corporate PPAs, including a 10-year agreement to purchase renewable energy from a wind farm in Scotland.

Renewable energy is a growing area of focus for Subsea 7. The company recognizes the significant potential of renewable energy to reduce greenhouse gas emissions and provide a sustainable source of energy. Subsea 7 is actively exploring opportunities to invest in renewable energy projects, including offshore wind and solar.

Subsea 7's core business is providing subsea and offshore oilfield services. The company has a strong track record of delivering complex projects in challenging environments. Subsea 7's services include engineering, procurement, installation, and commissioning of subsea infrastructure, as well as inspection, repair, and maintenance services.

Subsea 7's expertise in subsea and offshore oilfield services is complemented by its commitment to sustainability. The company recognizes the importance of balancing economic, social, and environmental considerations in its operations. Subsea 7 has set ambitious sustainability targets, including reducing its greenhouse gas emissions and increasing its use of renewable energy.

Subsea 7 is also committed to promoting diversity and inclusion in its workforce. The company recognizes the importance of having a diverse and inclusive workforce to drive innovation and creativity. Subsea 7 has set targets to increase the representation of women in its workforce and to promote diversity and inclusion at all levels of the organization.

In conclusion, Subsea 7 SA is a leading global provider of subsea and offshore oilfield services. The company is committed to sustainability, decarbonisation, and renewable energy. Subsea 7's expertise in subsea and offshore oilfield services is complemented by its commitment to sustainability, diversity, and inclusion. The company's focus on sustainability and renewable energy reflects its recognition of the urgent need to reduce greenhouse gas emissions and transition to a low-carbon economy.

✓ Declared Net Zero commitment