Luxembourg  - 06 January 2020 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) (the
Company)  announced  that  on  06 January  2020, the Company transferred 47,709
shares  from treasury to satisfy employee share awards under the Company's Long-
term Incentive Plan.

Following  the above transfer, the  number of common shares  held in treasury is
1,165,151 representing 0.39% of the Company's issued common shares. Total shares
in issue, including treasury shares, are unchanged at 300,000,000.

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

Subsea 7 is listed on the Oslo Bors (SUBC), ISIN LU0075646355, LEI
222100AIF0CBCY80AH62.

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Contact:
Katherine Tonks
Group Investor Relations Director
Subsea 7 S.A.
Tel +44 20 8210 5568
Katherine.tonks@subsea7.com

www.subsea7.com

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