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Outlook & Strategy

Fugro unveils new ROV test pool in Singapore

Dutch Fugro has opened a new remotely operated vehicle (ROV) test pool in Singapore, which will help its teams identify and resolve technical issues early, validate performance against design requirements, and optimize procedures before mobilization. According to Fugro, the facility provides a contr

about 5 months ago

Outlook & Strategy

93-meter subsea support vessel stays with Mermaid Subsea Services

Aberdeen-headquartered Mermaid Subsea Services (UK) has further extended its contract with the subsea support vessel Island Valiant, which it has used for North Sea operations for the last three years. Mermaid Subsea Services began using the 93.4-meter-long vessel in 2024 for well plug & abandonment

about 5 months ago

Outlook & Strategy

Cost cuts unlocked as DeepOcean unifies two subsea operations into one

DeepOcean has performed an inspection and 3D scanning of subsea infrastructure in a single operation rather than as two separate ones as typically done, at an offshore field in Senegal operated by Woodside Energy. DeepOcean has completed a full-field baseline subsea survey and a full 3D scan simulta

about 5 months ago

Outlook & Strategy

With two new deals, Saipem’s contract value for Saudi field reaches $900 million

Saipem has secured two new offshore contracts with Saudi Arabia’s Aramco, worth approximately $400 million, adding to the $500 million award announced in February for the same project. Under the contract release purchase order (CRPO) reported two months ago, Saipem’s scope of work includes the engin

about 5 months ago

Outlook & Strategy

Swedish firm looking to deploy its hybrid ocean energy platform in Costa Rica

Sweden-based NoviOcean is exploring the options for the deployment of its hybrid offshore renewable energy platform, which combines wave, wind, and solar energy technologies, in Costa Rica. NoviOcean has signed a memorandum of understanding (MoU) with MIR Green Energy to explore the deployment of th

about 5 months ago

Outlook & Strategy

AF Gruppen buys Acteon business to expand its decom and offshore wind offering

Norway’s AF Gruppen is acquiring Aberdeen-headquartered Claxton, a provider of technology-driven services and engineering primarily within offshore decommissioning, from the UK-headquartered Acteon Group for an agreed enterprise value of £63.5 million (around €72.8 million). The transaction comprise

about 5 months ago

Outlook & Strategy

OneSubsea and TOYO to explore CCS opportunities in Southeast Asia

Japan’s Toyo Engineering Corporation and OneSubsea, a joint venture established in 2023 by SLB, Aker Solutions, and Subsea7, have signed a memorandum of understanding (MoU) to explore collaboration opportunities in carbon capture and storage (CCS). Initially, the partners plan to explore opportuniti

about 5 months ago

Outlook & Strategy

Hull assembly starts for Asso.subsea’s new cable layer as keel is laid

China Merchants Heavy Industry (CMHI) has held the keel laying ceremony for Asso.subsea’s new cable-laying vessel (CLV), marking the start of the vessel’s assembly. The keel laying ceremony was held on April 9 at CMHI’s shipyard on Mazhou Island, Shenzhen, some five months after the start of constru

about 5 months ago

Outlook & Strategy

Under €28M contract, NextGeo to survey cable route for new Italian interconnection

Terna, Italy’s national grid operator, has awarded Next Geosolutions (NextGeo) with a contract valued at over €28 million for preliminary marine survey and environmental characterization services for a new high-voltage direct current (HVDC) interconnector that will link Lazio and Lombardy. NextGeo w

about 5 months ago

Outlook & Strategy

Deal positions Hong Kong firm as bridge for China’s green methanol exports

Hong Kong-headquartered Venture Energy Limited, focused on the procurement and trading of clean fuels, has entered into an agreement with Shanghai Shenji Energy & Environmental Technology for the purchase of green methanol. Under the procurement and supply agreement, Venture Energy will purchase ISC

about 5 months ago

Outlook & Strategy

First ROVs deployed from Boskalis’ new remote operations center

Boskalis has marked a milestone from its Remote Operations Center (ROC) in Aberdeen, Scotland, with the first deployment of remotely operated vehicles (ROVs) from the new facility. During the test phase, ROVs underwent a week of intensive trials from Boskalis’ construction support vessel (CSV) BOKA

about 5 months ago

Outlook & Strategy

30-meter steel suction wing system for oceangoing vessels comes to market

Econowind, a Dutch wind-assisted ship propulsion system developer, is targeting the deep-sea market with the launch of a 30-meter steel suction wing system for oceangoing vessels. The 5-series VentoFoil was unveiled last week in Heeg, with the first unit to have its commercial debut this summer with

about 5 months ago

Outlook & Strategy

OneSubsea technology to enable ‘faster production’ at American deepwater field

Following last month’s contract win in China, OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract with Texas-based Beacon Offshore Energy (BOE) Exploration and Production for a deepwater field in the Gulf of America. Under the contract, OneSubsea will deliver

about 5 months ago

Outlook & Strategy

DeepOcean charters Boskalis’ recently purchased subsea vessel

DeepOcean has signed an agreement with Boskalis for the charter of a subsea vessel the Dutch company recently purchased from Norwegian vessel operator Sea1 Offshore. Boka Spearfish, to be renamed from Sea1 Spearfish, will join DeepOcean’s fleet of advanced subsea vessels for the remainder of 2026, w

about 5 months ago