Italian cabling giant Prysmian has established a long-term partnership with Port of Middlesbrough, its northern European marine base, as part of its growth plans, expected to create new jobs in the region. Prysmian, which has been a tenant at Port of Middlesbrough for several years, has signed a ten
The Eastern Green Link 2 (EGL 2) project’s marine survey activities have resumed, now starting a detailed geophysical survey to identify potential unexploded ordnance.
Jan De Nul has ordered a new XL cable-laying vessel (CLV), identical to the Fleeming Jenkin ordered at a Chinese shipyard last year. With a cable-carrying capacity of 28,000 tonnes, the vessels are said to be the largest capacity CLVs in the world. Like Fleeming Jenkin, the new vessel will be 215 me
Norwegian Myklebust Shipyard has awarded compatriot Brunvoll with a contract to deliver a thruster package for an energy subsea construction vessel (ESCV) it is building for REM Offshore. Brunvoll will deliver a thruster package consisting of two propulsion azimuth thrusters, two retractable azimuth
Norway-headquartered seismic player PGS has won a new contract in West Africa with an undisclosed firm, which is said to be an international energy company.
Jan De Nul Group has started 2024 with an order book of €8.9 billion, an increase of 38% compared to last year. In its latest financial report, the Belgian company said it had far exceeded its expectations for 2023 and has been net debt-free for the tenth year in a row. In 2023, Jan De Nul reported
Texas-headquartered Oceaneering International has reported an operating income of $44.2 million for its Subsea Robotics division in the first three months of 2024, a 31% increase compared to the first quarter of 2023. In Q1 2024, Oceaneering reported a net income of $15.1 million on revenue of $599
Norway’s Reach Subsea has reported record financial results for the first three months of 2024 with the order backlog reaching NOK 1.3 billion (about €111.5 million), a 60% increase compared to the first quarter of 2023. Revenue for Q1 2024 was NOK 575.3 million, a 146% increase compared to NOK 234
Italy-headquartered Next Geosolutions is about to kick off a cable route survey in the UK for the LionLink multi-purpose interconnector that will connect the UK with the Netherlands. LionLink, being developed by the Dutch TenneT and the UK’s National Grid, will connect a Dutch offshore wind farm wit
UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst are planning to recruit over 150 specialist subsea roles across their offices by the end of 2025. Rovco unveiled its intention to recruit over 100 new roles across its Aberdeen and Edinburgh offices by the end of 2025 to sup
UK’s Forum Energy Technologies (FET) has secured a contract with a Mexican subsea company for the delivery of one of its work-class remotely operated vehicles (ROV). FET reported that its Subsea Technologies product line had won a contract from AQUA Exploracion for one of its Ultra Compact Perry XLX
Mermaid Maritime’s joint venture with a Middle Eastern offshore services company has secured a one-year contract extension for subsea services with an upstream oil and gas company. Thailand-headquartered Mermaid won the contract in a joint venture formed with a local offshore services operator in a
Norwegian shipping group Island Offshore has awarded compatriot shipbuilder VARD with a contract to design and construct one hybrid power ocean energy construction vessel (OECV) and has also agreed on an option for two more vessels. In 2020-2021, Island Offshore, whose 19-vessel fleet operates in th
Malaysia’s Sapura Energy has secured $1.8 billion worth of contracts with Brazilian state-owned oil and gas giant Petrobras for six multi-purpose pipe-laying support vessels (PLSVs). Sapura Energy’s joint venture entities Seabras Sapura Holding and Seabras Sapura Participacoes have been awarded the
