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Two contracts with Petrobras to bring over $192 million to DOF
Subsea

Two contracts with Petrobras to bring over $192 million to DOF

Norwegian vessel owner DOF Group has secured multiple contracts with Brazilian state-owned oil and gas giant Petrobras expected to generate revenue beyond $192 million. Following a competitive tender process, Petrobras awarded new long-term charter and service contracts to Norskan Offshore and DOF S

about 2 years ago
ExxonMobil taps French pipe supplier for its sixth oil development off Guyana
Subsea

ExxonMobil taps French pipe supplier for its sixth oil development off Guyana

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French provider of tubular solutions Vallourec has secured a contract with ExxonMobil to deliver pipe for a deepwater oil development located offshore Guyana. The contract for the deepwater Whiptail project represents the fourth major order in the framework of the long-term agreement (LTA) signed in

about 2 years ago
Van Oord christens fifth USV as new CEO takes over
Subsea

Van Oord christens fifth USV as new CEO takes over

Van Oord has held the christening ceremony for its fifth unmanned autonomous survey vessel (USV), developed jointly with DEMCON Unmanned Systems. The VO:X Barentsz USV came after Van Oord’s in-house survey department and DEMCON Unmanned Systems jointly developed and operated four USVs in the past ye

about 2 years ago
Significant offshore wind growth brings Fugro strong start of the year
Subsea

Significant offshore wind growth brings Fugro strong start of the year

In what is described as a “strong start of the year”, Dutch geo-data specialist company Fugro reported a 9% revenue growth for Q1 2024 compared to the same period last year, said to be due to ongoing significant growth in offshore wind projects. Revenue in the first quarter was €503.2 million, a 9%

about 2 years ago
Julie Berg; Source: Aker Carbon Capture
Subsea

With CFO on the move, Aker Carbon Capture picks interim one

As its current CFO steps down from the role, Norway’s Aker Carbon Capture has appointed an interim CFO, who will take the reins in 2Q 2024.

about 2 years ago
Provence Grand Large Asso.subsea
Subsea

Greek firm completes cable installation for French floating wind pilot project

Greece-based Asso.subsea has completed the cable installation, burial, and protection operations for the Provence Grand Large floating offshore wind project in France. The Provence Grand Large floating offshore wind project is located 17 kilometers off the coast in the Mediterranean Sea, on a 100-me

about 2 years ago
Fugro's fleet expands with geotechnical vessel
Subsea

Fugro secures more work on 3 GW Dogger Bank South

RWE and Abu Dhabi-based Masdar have appointed Dutch geo-data specialist company, Fugro, to carry out geotechnical seabed surveys at the Dogger Bank South (DBS) offshore wind project sites in the UK. Located over 100 kilometers off the northeastern coast of England, the DBS offshore wind farm will be

about 2 years ago
French vessels getting tech to enhance efficiency in installation, maintenance and repair tasks
Subsea

French vessels getting tech to enhance efficiency in installation, maintenance and repair tasks

UK-based Exail has secured a contract with French maritime services provider Bourbon to deliver technology for multiple multi-purpose support vessels (MPSVs) that is expected to enhance the vessels’ efficiency in installation, maintenance and repair tasks for the oil & gas and offshore wind industri

about 2 years ago
Subsea7 has won a “sizeable” contract for subsea infrastructure in the U.S. Gulf of Mexico, described as one worth between $50 and $150 million.
Subsea

Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind

Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of c

about 2 years ago
'Good start' to 2024 for Nexans with record subsea-driven backlog
Subsea

‘Good start’ to 2024 for Nexans with record subsea-driven backlog

Paris-headquartered cable systems designer and manufacturer Nexans has reported a record adjusted backlog of €6.7 billion for its Generation & Transmission segment, a 10.2% increase compared to December 2023, said to be mainly subsea-driven. In its financial results for the first quarter of 2024, Ne

about 2 years ago
Science Based Targets initiative approves Fugro's net-zero targets
Subsea

Science Based Targets initiative approves Fugro’s net-zero targets

The Science Based Targets initiative (SBTi) has approved Fugro’s near- and long-term science-based emissions reduction targets. Fugro’s net-zero target spans all three emission scopes, with the ultimate goal of achieving net-zero greenhouse gas (GHG) emissions across the value chain by 2050. “This v

about 2 years ago
Factory acceptance testing tick for Norwegian long-range AUV
Subsea

Factory acceptance testing wraps up for Norwegian long-range AUV

Norway’s Kongsberg Discovery has completed factory acceptance testing for the first production system of its long-range autonomous underwater vehicle (AUV) HUGIN Endurance. Sea trials for the first production unit began in September 2023, and over the last months, the Kongsberg Discovery Uncrewed Pl

about 2 years ago
After LS Cable & System, Hellenic Cables gets financial push for US cable factory
Subsea

After LS Cable & System, Hellenic Cables gets financial push for US cable factory

Hellenic Cables Americas, the U.S. subsidiary of Cenergy Holdings, has received financial support from the U.S. Department of Energy (DOE) for its planned cable manufacturing facility in Maryland. Hellenic Cables Americas is planning to build a new cable manufacturing facility in Baltimore, Maryland

about 2 years ago
Mocean Energy's wave energy converter back to shore after 12-month offshore testing
Subsea

Mocean Energy’s wave energy converter back to shore after 12-month offshore testing

Mocean Energy’s Blue X wave energy converter and Verlume’s Halo underwater battery storage system have returned to shore after over 12 months of testing at sea off Orkney as part of the Renewables for Subsea Power (RSP) project that combines wave energy with subsea storage to power subsea equipment.

about 2 years ago