Offshore ROV & Dive Support News - page 7


Borr Drilling Financial Dip as Expected

May 21, 2025

Borr Drilling reported a total operating revenue of $216.6 million for the first quarter, a decrease of $46.5 million compared to the fourth quarter of 2024.The net loss of $16.9 million was a decrease of $43.2 million compared to the net income in the fourth quarter of 2024…

Mission Specialist Technology: VideoRay’s Technological Backbone

May 21, 2025

The subsea technology market is changing via merger and acquisition, as the need for seamless connection and interoperability from space to the seabed increases for defense and commercial applications. Earlier this month it was announced that…

Mermaid Secures $10M Loan to Repay Subsea Vessel Acquisition

Dec 29, 2023

Thai subsea services company Mermaid Maritime has through its subsidiary Mermaid Subsea Oil and Gas Services (MSOGS) secured a loan of up to $10 million for the acquisition of Mermaid Sapphire ROV support vessel.The loan agreement, SinoPac Capital International…

U.S. Gulf of Mexico: Injured Crewmember Medevaced from Dive Support Vessel

May 02, 2022

The U.S. Coast Guard medevaced an injured crewmember from a dive support vessel about 17 miles south of Pecan Island, Louisiana, on Friday evening.Coast Guard Sector New Orleans watchstanders were notified at 8:15 p.m. Friday that a male crewmember in his 30s…

IKM Subsea's ROV to Sport Nauticus Robotics Olympic Arm

Feb 02, 2022

Norwegian ROV operator and subsea services company IKM Subsea has selected the Nauticus Robotics Olympic Arm, a fully electric work-class manipulator, for its subsea resident remotely operated vehicle (ROV) system. The Olympic Arm increases…

ROV Services Market Update

Aug 11, 2021

Chart courtesy Kimberlite International Oilfield Research The ROV Services market continues to be a key component for helping subsea operators achieve greater levels of operational efficiency and to reduce costs and will play a growing role…

Rovco Opens Edinburgh Office

Jun 23, 2020

The UK-based provider of ROV services to the offshore energy industry has opened a new office and operational base in Edinburgh, Scotland to serve its current portfolio of offshore renewable and energy projects renewable and energy projects…

Forum Energy Technologies Pushes for Growth in Asia

Jun 08, 2020

Forum Energy Technologies, a provider of remotely operated vehicles for the offshore energy industry, is expanding its offering in Asia.The company has signed an agreement with Wuxi Haiying-Cal Tec Marine Technology Co., Ltd to represent Forum…

Falcon ROV Chosen for Project off West Africa

May 06, 2020

A service provider in the West African offshore energy sector has ordered a Saab Seaeye Falcon, fully fitted for survey work.Lucas Inyama, Technical Director of Nigeria-based Geocadinal Integrated Services, said, “We ordered a survey customized…

Logan Builds ROV A-Frame for Gulf of Mexico Use

May 05, 2020

Hydraulic repair, manufacturing and rental company Logan Industries delivered a custom A-frame to TechnipFMC for one of the services company's new state-of-the-art remotely operated underwater vehicles (ROV), which will deploy later this year…

Fugro ROVs for Normand Clipper Vessel

Apr 27, 2020

Dutch marine and offshore services company Fugro has won a long-term contract for two remotely operated vehicles (ROVs) and a full survey positioning package on Global Marine Group recently chartered vessel, the Normand Clipper.As part of the contract…

SMD Delivers ROV to Asso.subsea

Apr 09, 2020

Greece-based Asso.subsea took delivery of an SMD Quasar 150-horsepower, 1,000-meter-rated work class remotely operated vehicle (ROV) complete with launch and recovery system (LARs).The Quasar will be installed on board Asso.subsea Astrea DP2 multipurpose service vessel to support cable laying…

New Senior Exec Team for ROV Specialist Rovco

Apr 02, 2020

Rovco, a provider of remotely operating vehicles (ROV), has announced several key executive teams hires and internal appointments, including a new CFO and CTO.Reena Rowan has been appointed as Chief Financial Officer at Rovco, having previously…

Copenhagen Subsea Debuts the Gorilla ROV

Mar 23, 2020

Copenhagen Subsea launched a new powerful Remotely Operated Vehicle (ROV), specifically developed for the offshore industry. The ROV is based on Copenhagen Subsea’s rim-driven thruster technology and is designed to be robust and reliable in…

Fugro Loses Arbitration Case

Jan 06, 2020

Dutch multinational Geo-data specialist Fugro announced that it has been disappointed in an arbitration case involving Tasik Toba Subsea in March 2019, of a long-term chartered DP3 diving support vessel, the Southern Star.An arbitration tribunal…

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