Kongsberg Gruppen has proposed spinning off its Kongsberg Maritime business in a separate stock market listing and consolidating its Kongsberg Defence & Aerospace and Kongsberg Discovery units into a single technology and defense company.The group said sustainability and security trends have driven strong growth over the past decade and are expected to continue shaping demand, making focused specialist businesses better positioned for global opportunities…
The ABS Board of Directors has elected John McDonald as the new Chairman and Chief Executive Officer of ABS at a board meeting on November 11.In the culmination of a well-planned succession process, McDonald, the serving ABS President and Chief Operating Officer…
Aesen Pte. Ltd. (Aesen) and Dutch Offshore Contractors Holdings B.V. (DOC) formed Aesen DOC Cable Logistics Pte. Ltd., a joint venture to address the growing global demand for subsea cable transport, storage and logistics solutions.With global…
Offshore supply vessel operator Havila Shipping ASA delivered stronger results in the second quarter of 2025, supported by high fleet utilization and stable freight revenues.Freight revenues reached NOK 165.5 million in Q2, up NOK 19.5 million…
Inyanga Marine Energy Group announced that Martin Murphy has been appointed as Chair of the Board.Following 12 years’ service in the Royal Navy, Martin has forged a career as an experienced CEO and Chartered Engineer. Martin has a strong leadership…
The new deployment marks a new chapter in offshore operations, where full wireless coverage lays the foundation for real-time data processing, seamless sensor integration and smarter, safer platforms. The Jotun FPSO at the Balder Field on the…
Trendsetter Vulcan Offshore (TVO), a developer of solutions for the offshore industry, expanded its global business development team with the addition of Barry Bulls as the new Business Development Lead for the US team.“Our track record for…
The Chouest Group said it has acquired Kystdesign, a manufacturer of remotely operated vehicle (ROV) systems. 'We are thrilled to welcome Kystdesign and its talented team into the Chouest family,' said Dino Chouest. 'By joining forces, we will…
Nigeria's state oil firm NNPC announced a joint venture with Swedish tanker giant Stena Bulk and Nigerian offshore logistics leader Caverton Marine to overhaul maritime transportation in West Africa.The newly formed company will streamline crude oil…
Borr Drilling Limited (NYSE, OSE: BORR) delivered strong financial performance in the fourth quarter of 2024, reporting a net income of $26.3 million, up 171% from the previous quarter, and total operating revenues of $263.1 million, marking a 9% increase…
First Marine Solutions (FMS) confirmed the acquisition of Aberdeen-based Andrews Hydrographics Ltd (Andrews Survey) for an undisclosed sum. Set to double the FMS headcount to 130 and result in a combined annual turnover of approximately £40million…
SLB has named new chief strategy and performance officers, according to a company memo seen by Reuters, the latest steps in a larger reorganization of its global structure.Aparna Raman has been appointed chief strategy and marketing officer…
Freight forwarding and project logistics solutions provider deugro has opened a new satellite office in Houston as part of its growth strategy in the United States.The satellite office represents a significant milestone in deugro's growth ambitions in the U…
Forum Energy Technologies (FET) won a contract to provide a work class ROV system and a Dynacon Launch and Recovery System (LARS) to ACSM, the Spanish-headquartered global maritime survey and ROV services operator. The FET Perry XLX EVO II will be delivered in Q3 2025 to support construction…
Specialist drilling waste management company, TWMA, has been announced as a finalist in this year’s SPE Offshore Achievement Awards.Shortlisted for the Sustainability Project Award, this recognition celebrates TWMA’s RotoMill technology, an…
Subscribe
