Luxembourg  - 2 July  2020 - Subsea  7 S.A. (Oslo  Børs: SUBC,  ADR: SUBCY) (the
Company)  announces that  on 1 July  2020, the Company  transferred 5,107 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
2,784,339 representing 0.93% 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
Head of Investor Relations
Tel +44 20 8210 5568
katherine.tonks@subsea7.com (mailto:katherine.tonks@subsea7.com)
www.subsea7.com (http://www.subsea7.com)

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