May 23, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Subsea 7 (Luxembourg City, Luxembourg), which performs engineering and other work for the global offshore drilling sector, has been racking up contract wins for topsides, pipelines, umbilicals and other crucial components for deepwater projects, with the U.S. accounting for a steady and reliable portion. Industrial Info is tracking more than $10 billion worth of active and proposed projects worldwide featuring Subsea 7's services, about $1.8 billion of which is attributed to projects in the U.S. In a quarterly earnings-related conference call, John Evans, the chief executive officer of Subsea 7, said his company has about $600 million worth of contracted work in U.S. waters, which amounts to about 6% of its global backlog. Other companies featured: Shell plc and Beacon Offshore Energy LLC
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