SUBCY News Today: Stay Updated with the Latest Subsea 7 S.A. News in Real Time
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168 MW AI Hub in Gujarat: META and RIL Join Forces for Next-Gen Data Center
India’s data centre landscape just reached a defining milestone. On June 10, 2026, Meta Platforms (NASDAQ: META) and Reliance Industries (NSE: RELIANCE) officially announced a strategic agreement to build a 168 MW AI-enabled data centre in Jamnagar, Gujarat. Reliance will construct the facility, which Meta will lease, with options to further scale capacity. Reliance has…
Canada Prepares for Major Naval Exercise as NATO Tensions Rise, May 31
Canada deploys naval forces to Exercise Rim of the Pacific 2026, the world’s largest maritime warfare drill, amid NATO-Russia tensions.
TechnipFMC plc (FTI.PA) Holds Steady at €5.91 Amid Insider Activity
FTI.PA stock flat at €5.91 on EURONEXT. Energy sector leader shows strong fundamentals with 7.5x P/E and 14% EPS growth.
Mermaid Maritime (DU4.SI) Slips 1.67% Ahead of Earnings Announcement
DU4.SI stock falls 1.67% to S$0.118 as Mermaid Maritime prepares earnings report. Energy sector subsea services firm faces headwinds.
TechnipFMC plc (FTI.PA) Trades at €5.91 as Institutional Investors Rebalance
FTI.PA stock trades at €5.91 on EURONEXT. Institutional investors show mixed activity with recent portfolio adjustments in Q4 2025.
Sembcorp Marine Ltd Surges 10.9% on Strong Offshore Demand Recovery
S51.SI stock jumps 10.9% to S$2.55 as offshore engineering demand strengthens. Market cap hits S$8.7B with 108M shares traded.
SUBCY: Citi Raises Price Target to NOK 370, May 14
Citi raised SUBCY price target to NOK 370 from NOK 248. UBS maintains Buy rating on Subsea 7 with B+ grade.
Vallourec S.A. Surges 12.2% on Strong Q1 EBITDA Beat
VK.PA stock jumps 12.2% after Q1 2026 EBITDA of €187m beats guidance with 22.6% margin expansion.
AKRTF Maintained at Sector Perform by RBC Capital, May 2026
RBC Capital maintained AKRTF at Sector Perform rating with price target raised to NOK 48 from NOK 42 on May 13, 2026.