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Rovco launches new business line
Subsea

Rovco launches new business line

Rovco has launched a new dedicated marine site characterization business line in order to, as the UK company states, help address an industry shortfall of companies with the all-round skills and expertise to carry out site consenting surveys before the construction of new offshore installations. The

about 3 years ago
Robust backlog drives Fugro's revenue increase
Subsea

Robust backlog drives Fugro’s revenue increase

Fugro has reported a revenue of €465.8 million for the first quarter of 2023, representing an increase of 27.5 per cent, said to be especially related to offshore wind site characterization solutions, with all regions reporting double-digit growth. Overall, revenue in marine was €335.1 million, up b

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about 3 years ago
UK firm strengthens rental fleet with Webtool cutter duo
Subsea

UK firm strengthens rental fleet with Webtool cutter duo

UK-headquartered Subsea Technology & Rentals (STR) has strengthened its rental fleet with the addition of two high-performance Webtool cutters. The HCV275 and RCV160 cutters can be deployed at subsea level, either mounted, operated by a remotely operated vehicle (ROV), or onboard a vessel for planne

about 3 years ago
Another Solstad vessel makes 'considerable' fuel and emission cuts
Subsea

Another Solstad vessel makes ‘considerable’ fuel and emission cuts

Solstad Offshore’s construction vessel has managed to save “considerable amounts” of fuel and reduce emissions on its way home from a project in West Africa, the Norwegian company reported. The 157-meter-long Normand Vision managed to save 150 tons of fuel on the transit, Solstad said, adding that i

about 3 years ago
'Terrible maritime chapter' closes as Fugro locates WW2 ship 81 years after sinking
Subsea

‘Terrible maritime chapter’ closes as Fugro locates 80-year-old WW2 shipwreck

Fugro has taken part in a mission to locate the wreck of a World War II ship 81 years after sinking, reported as one of the worst international maritime disasters in history. Fugro started the search for the Montevideo Maru transport ship on 6 April onboard the hydrographic survey vessel Fugro Equat

about 3 years ago
Argeo inks contract extension for Hugin AUV
Subsea

Argeo inks contract extension for Hugin AUV

Marine survey contractor Argeo has signed a contract extension for the Hugin 6000 autonomous underwater vehicle (AUV). The project, which started on 1 September 2022 with a minimum guaranteed duration of six months and a six-month extension, has now been extended to 1 March 2024. The initial contrac

about 3 years ago
Global Marine CEO takes the helm of UK subsea cable producer
Subsea

Global Marine CEO takes the helm of UK subsea cable producer

UK-based high-voltage direct current (HVDC) cable manufacturer and installer XLCC has appointed a new chief executive officer (CEO) from Global Marine Group to drive business growth. According to XLCC, the appointment of Ian Douglas as CEO takes the company into the next phase of its evolution, the

about 3 years ago
In focus: Strengthening cooperation on clean energy and environmental protection
Subsea

In focus: Strengthening cooperation on clean energy and environmental protection

New projects in the transformation of the offshore energy sector are here. In this process, the industry is dealing with the following questions: to provide energy that is secure, affordable and lower in carbon. The European Union (EU) and Norway recently formed a Green Alliance to strengthen their

about 3 years ago
Fugro geotechnical Star of the South
Subsea

Fugro to start site investigation at Australia’s first offshore wind farm

Dutch geo-data specialist company Fugro has been awarded a contract to perform a geotechnical site investigation, which is set to kick in this weekend, for Australia’s first offshore wind farm, Star of the South. The geotechnical site investigation is partly funded by the Victorian Government throug

about 3 years ago
Njord A; Credit: Elisabeth Sahl & Øyvind Gravås; Copyright: Equinor
Subsea

Neptune kicks off production from oil & gas field off Norway

Neptune Energy has brought on stream an oil and gas field in the Norwegian Sea off Norway, which has been tied back to Equinor’s platform.

about 3 years ago
BV approves Technip Energies’ floating CO2 storage and injection concept
Subsea

BV approves Technip Energies’ floating CO2 storage and injection concept

French engineering company Technip Energies has received Approval in Principle (AiP) from compatriot classification society Bureau Veritas (BV) for its Offshore C-Hub concept. Technip’s Offshore C-Hub concept is a floating vessel that receives liquid CO2 from shuttle tankers, provides buffer storage

about 3 years ago
Aquaterra unveils another tool for CCS developments
Subsea

Aquaterra unveils another tool for CCS developments

Aquaterra Energy is expanding its riser and connector portfolio with the addition of a completions and workover system that will support carbon capture and storage (CCS) developments. According to the company, the end-to-end solution will allow operators to safely perform workover and intervention o

about 3 years ago
Japanese company to set up power cable factory in Scotland
Subsea

Japanese company to set up power cable factory in Scotland

Japan-headquartered Sumitomo Electric Industries is planning to establish a power cable factory in Scotland which will supply cables for offshore wind farms and grid connections. “Sumitomo Electric has the technologies necessary for the development of a green society and will work with the Scottish

about 3 years ago
With $1.2 billion first-quarter revenue, Subsea 7 on track to meet full-year guidance
Subsea

With $1.2 billion first-quarter revenue, Subsea 7 on track to meet full-year guidance

Subsea 7 has reported a revenue of $1.2 billion for the first quarter of 2023, a 4 per cent increase compared to the same period last year, stating it is on track to achieve a higher whole-year revenue than in 2022. The revenue increase is said to reflect strong growth of 18 per cent in […]

about 3 years ago