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16/05-2019 17:45:55: (SUBC) Subsea 7 share repurchase

Luxembourg  - 16 May  2019 - Subsea  7 S.A. (Oslo  Børs: SUBC,  ADR: SUBCY, ISIN
LU0075646355)  today  announced  that  on  16 May  2019 the  Company repurchased
236,000 of  its  shares  at  an  average  price  of  NOK  110.56 per share. This
represents approximately 0.08% of the Company's issued share capital.

The  shares were repurchased  in accordance with  the Company's share repurchase
programme announced on 28 February 2019.

As  at  close  of  business  on  16 May 2019 the Company held 5,099,718 treasury
shares  representing approximately 1.63% of the  Company's issued share capital.
Total shares in issue, including treasury shares, were 312,367,111.

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Subsea  7 is a global leader  in the delivery of  offshore projects and services
for  the  evolving  energy  industry.  We  create sustainable value by being the
industry's  partner and employer of choice  in delivering the efficient offshore
solutions the world needs.

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Contact for enquiries:
Isabel Green
Investor Relations Director
Tel +44 20 8210 5568
isabel.green@subsea7.com
www.subsea7.com

Ekstern link: https://newsweb.oslobors.no/message/477292

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