The UK’s underwater industry, currently valued at £8 billion with a third of the global market share, has the potential to grow to £45 billion by 2035, creating an estimated 180,000 new jobs and around £20billion or more in exports for the UK…
3D at Depth, a subsea LiDAR laser technology company said Tuesday it had received a new patent 11.249.193, 'Systems and Methods for Monitoring Underwater Structures,' from the U.S Patent and Trademark Office. The patent's claims focus predominantly…
Hydroacoustic technology specialist Subsea Europe Services said Wednesday it had secured six-figure funding to accelerate autonomous survey development.'The investment boosts the company’s unique approach which focuses on the integration of new generation smart…
One of the first major UK industry events since the start of the Coronavirus pandemic heard Tuesday morning how, after a period of Covid-induced hibernation, the UK’s subsea sector is emerging into a new world of opportunity.Speaking at Subsea Expo in Aberdeen…
Oil major BP has started up production from its Herschel Expansion project in the Gulf of Mexico, in what is the first of four major projects scheduled to be delivered by BP globally in 2022.The first phase of the Herschel Expansion project…
Norwegian offshore engineering and construction services firm Aker Solutions and the U.S.-based offshore energy industry equipment maker Dril-Quip have entered into a Collaboration Agreement to offer subsea injection systems for carbon capture…
Offshore installation firm Havfram has won a contract for subsea umbilicals, risers, and flowlines support work in Egypt for Saipem. The contract will see Havfram deploy a laying and construction vessel offshore Egypt to the Zohr field, the largest gas field in the Mediterranean Sea…
When it opens its doors on Tuesday, February 22, 2022, to welcome more than 3,000 delegates from around the world and over one hundred exhibitors, Subsea Expo 2022 will be sending out a strong signal that life and business are beginning to return to normal…
Norway-based ocean bottom node survey firm Magseis Fairfield ASA, which has been in a mediation process with Fairfield Industries Inc. regarding certain contractual claims between the parties, said Friday that the mediation has been canceled and that the dispute would be solved by arbitration…
Reach Subsea, a subsea services company, said Thursday it had agreed to buy the offshore survey services firm iSurvey in a transaction valued NOK 135 million ($15,1 million). Separately, it was announced that Wilhelmsen had acquired a 21% stake in Reach Subsea…
Wilhelmsen has acquired a 21% stake in Reach Subsea ASA, and together the firms will form a strategic partnership to commercialize the Reach Remote concept, bringing Reach Subsea into new industry verticals and geographical regions.Jan Eyvin Wang…
Norwegian offshore vessel firm GC Rieber Shipping has delivered the SURF / Construction vessel Polar Onyxto the new owners.GC Rieber Shipping first announced the agreement to sell the vessel to Taiwan-based offshore wind service conglomerate…
Archer Knight has secured a diving technical authority contract award with oil and gas firm Neptune Energy. The three-year deal will see the company providing Neptune Energy with specialist support for all diving operations in the UK.Under the deal…
Oslo-listed subsea services provider Reach Subsea has won a contract in the Mediterranean Sea for start-up early in Q2 2022, representing about 130 project days. The project, with an undisclosed client, involves the support of an Ocean Bottom…
Subsea services company DeepOcean has chartered Hornbeck Offshore's HOS Warland multi-purpose service vessel supporting the US Gulf of Mexico operations.'The HOS Warland will extend DeepOcean’s capabilities in the larger construction end of…
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