Dutch survey contractor Fugro has reached a binding agreement with PXGEO Seismic Services to sell certain assets and the related business of its non-core subsidiary Seabed Geosolutions for $16 million in cash.
Prysmian Group and RWE Renewables have finalised the contract for the export cable connection of the 1.4 GW Sofia offshore wind farm, worth more than € 200 million. The contract, which follows the preferred bidder agreement from November 2020, includes the development of the turn-key high voltage su
Norwegian seismic player PGS has been awarded a high-fidelity 3D exploration program by a supermajor offshore Egypt.
Bureau Veritas (BV) and Nexans have signed a partnership agreement to reduce risk and promote best practices for turnkey deliveries of high voltage power cables used for connecting offshore wind farms to onshore grids. With insurers’ studies confirming that high voltage power cables are among the mo
Santos has taken a final investment decision to proceed with Barossa, the $3.6 billion gas and condensate project, located offshore Australia.
Subsea robotics design and manufacturing specialist Soil Machine Dynamics (SMD) has delivered a multi-million-pound upgrade to the SeaRex trenching vehicle for the Italian cabling giant Prysmian.
Roxtec has supplied a range of cable sealing solutions to Orbital Marine Power to support the construction of the 2MW O2 tidal turbine.
Oceanteam has entered into a memorandum of agreement for the sale of the CSV Southern Ocean, announcing also a potential merger with PASSER Group to target high-growth offshore renewable energy market.
The FTI Consulting liquidators, appointed as joint provisional liquidators for seismic contractor Polarcus, have filed a mandatory report to the Grand Court of the Cayman Islands.
KRG Engineering (KRG), a turnkey precision engineering specialist, has announced plans to expand its presence in the oil and gas sector, while diversifying into renewables as well.
Simply Blue Energy and Subsea 7 have entered into a joint venture to develop the Salamander floating offshore wind project in Scotland. The joint venture, in which Subsea 7 has a minority interest, will focus on developing the pre-commercial project of up to 200 MW off the North East Coast of Scotla
Following an equipment failure on the West Mira rig while it was working for Wintershall Dea in Norway, the rig is expected to remain offline for weeks.
The underwater technology and services company Ashtead Technology has appointed Scott Stephen to lead its increasing activities in renewable energy.
Subsea engineering company OceanTools has completed the initial subsea housings supply contract for Proeon Systems, securing a second major order from the same company.
