Search results for: global-marine-group

123075 results

A list of search results

  • 20 December 2017
    Business & Finance

    The Global Marine Group has launched Global Offshore, a new business unit for trenching and power cable laying services to the o&g sector.

  • 4 March 2020
    Business & Finance

    J.F. Lehman & Company (JFLCO) is now the full owner of Global Marine Group (GMG), after completing the acquisition announced in January 2020.

  • 31 January 2020
    Business & Finance

    Dutch geotechnical services provider Fugro expects to earn around $40 million from the sale of HC2 Holdings’ subsidiary Global Marine Group (GMG).

  • 1 December 2017
    Business & Finance, Research & Development

    Global Marine Group (GMG) has completed the acquisition of Fugro’s trenching and cable lay services business.

  • 27 April 2020
    Technology

    Fugro has received a long-term contract for two remotely operated vehicles (ROVs) and a full survey positioning package on Global Marine Group’s (GMG) newly chartered vessel, the Normand Clipper.  GMG are in the process of upgrading the Normand Clipper in preparation for projects this summer and both the ROV systems and the survey package will be installed ready for future operations from Fugro’s remote […]

  • 31 January 2020
    Business & Finance

    Headquartered in Chelmsford, UK, GMG owns and operates a fleet comprising three specialist cable installation and repair vessels, four maintenance vessels, and 19 crew transfer vessels. Additionally, the company has a range of subsea equipment including eight trenchers and working class ROVs.

  • 31 January 2020
    Business & Finance, Equipment

    Global Marine Holdings, in which HC2 holds an approximate 73% equity interest, has entered into a definitive agreement to sell 100% of Global Marine Group (GMG) to an investment affiliate of J.F. Lehman & Company (JFLCO). The sale includes GMG’s operating subsidiary Global Marine Systems, a provider of offshore engineering services to the telecommunications, renewables, […]

  • 29 January 2019
    Business & Finance, Technology

    Global Marine Group (GMG) and Rovco have formed an invested partnership through which GMG acquired a 13.8% share in this UK-based remotely operated vehicle (ROV) and hydrographic services company. Under the deal, the two parties committed to bringing intelligent inspection, repair and maintenance (IRM) solutions to the global offshore market to improve data acquisition. SubSLAM, Rovco’s latest development, […]

  • 2 March 2020
    Project & Tenders

    Oceanteam Solutions has secured a three-year contract to rent its 4000Te carousel for Global Marine Group’s vessel. According to Oceanteam, the 4000Te carousel will be customized with a smaller basket and grillage outer diameter to fit the vessel. The company has already started on the engineering and modification of the carousel. Mobilization and demobilization of […]

  • 3 March 2020
    Equipment, Project & Tenders

    Oceanteam Solutions has entered into a three-year agreement for rental of its 4000Te carousel for the ultimate client Global Marine Group. The client has the option to extend this agreement with a total of five years. The contract started end of February 2020. For this specific project, the 4000Te carousel will be customised with a […]

  • 2 March 2020
    Project & Tenders

    Oceanteam Solutions has secured a three-year contract to rent its 4000Te carousel for Global Marine Group’s vessel. According to Oceanteam, the 4000Te carousel will be customized with a smaller basket and grillage outer diameter to fit the vessel. The company has already started on the engineering and modification of the carousel. Mobilization and demobilization of […]

  • 4 September 2017

    The Global Marine Group (GMG), a provider of offshore engineering services to the renewables, oil & gas, and telecommunications industries, has expanded its operations base in the UK to include the Port of Blyth, Northumberland. According to GMG’s statement from last week, Blyth is a major support base for UK offshore energy projects. Operating from […]

  • 25 June 2019
    Operations & Maintenance, Project & Tenders

    Global Marine Group (GMG), supported by its business units Global Marine, Global Offshore and CWind, has signed a framework agreement for cable repair with Ørsted. The framework becomes a part of the Atlantic Cable Maintenance Agreement (ACMA) which is delivered by GMG alongside zone partner Orange Marine. Should the dedicated ACMA vessel, C.S. Sovereign, be […]

  • 27 February 2019
    Equipment, Project & Tenders

    Osbit Limited has secured a contract with Global Marine Group to supply multi-function pre-lay and backfill subsea plough. The plough, named Scion 240, represents the fourth major trenching system contract Osbit has secured in two years. The system is fully subsea adjustable and features a surveillance suite for accurate route tracking and effective trenching. The […]

  • 31 January 2020
    Business & Finance, Equipment

    Fugro is set to cash in close to USD 40 million from the sale of Global Marine Group (GMG) through its ownership of 23.6% in GMG. As reported earlier, a subsidiary of Global Marine Holdings, in which Fugro holds a 23.6% equity interest, has entered into a definitive agreement to sell 100% of GMG, excluding […]

  • 12 October 2017
    Business & Finance

    Global Marine Group is set to acquire Fugro’s trenching and cable laying business after the two companies signed an agreement under which Fugro will, in return, get an equity stake of 23.6% in Global Marine Holdings.

  • 28 February 2019
    Technology

    Offshore technology and engineering company Osbit Limited has secured a contract with Global Marine Group to supply a multi-function pre-lay and backfill subsea plough –  Scion 240. The Scion 240 plough is being designed and built in North-East England and will be delivered from Osbit’s Blyth works at the end of May 2019. Osbit will support […]

  • 24 June 2019
    Business & Finance, Equipment, Operations & Maintenance

    Osbit has delivered a multi-function pre-lay and backfill subsea plough to Global Marine Group. Following contract award in January, The offshore technology company has designed and built the plough, which will now be known as PLP240. Final assembly and sign-off was completed at Osbit’s Port of Blyth facility, on time at the end of May. […]

  • 28 February 2019
    Technology

    Offshore technology and engineering company Osbit Limited has secured a contract with Global Marine Group to supply a multi-function pre-lay and backfill subsea plough –  Scion 240. The Scion 240 plough is being designed and built in North-East England and will be delivered from Osbit’s Blyth works at the end of May 2019. Osbit will support […]

  • 30 October 2019
    Business & Finance, Project & Tenders

    Global Marine Group, a HC2 Holdings’ Marine Services Segment, has agreed to sell its stake in Huawei Marine Networks, its 49% joint venture with Huawei Technologies, to Hengtong Optic-Electric.  The sale of GMG’s interest values HMN at $285 million, and GMG’s 49% stake at approximately $140 million. Under the agreement, GMG will sell 30% of […]

  • 21 March 2018
    Business & Finance, Human Capital

    The Global Marine Group (GMG) has appointed Mark Preece as Managing Director of CWind, the group’s offshore renewable business.

  • 23 November 2011
    Business & Finance, Operations & Maintenance

    The Global Marine Group, comprised of the largest independent providers of submarine cable installation, maintenance and related engineering services worldwide announced today that it has legally incorporated its Energy business unit, which was formerly a division of Global Marine Systems Ltd., into a new company named Global Marine Systems Energy Ltd. “Our Energy business which […]