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Subsea 7 (OSL:SUBC) Payments on Behalf of Employees


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What is Subsea 7 Payments on Behalf of Employees?

Payments on Behalf of Employees only applicable to companies reporting Cash Flow from Operations in direct method.


Subsea 7 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (OSL:SUBC) » Definitions » Payments on Behalf of Employees
Address
40 Brighton Road, Surrey, Sutton, GBR, SM2 5BN
Subsea 7 is one of the largest engineering and construction, or E&C, service providers in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. Its recent foray into the renewables space, particularly offshore wind farms, requires equipment and expertise similar to offshore oil and gas developments.