Exclusive: “Strong demand” sees headcount and revenues rise at Aberdeen’s ROVOP
ROVOP global revenues increase by 31%, with EBITDA up 57% to £11m.
Subsea
Spirit Energy adds Appleton field well to Well-Safe Defender scope
Aberdeen-based well decommissioning specialists Well-Safe Solutions have signed an agreement with Spirit Energy, adding another well to its current plug and abandonment campaign.
Aberdeen’s Ashtead Technology signs exclusive agreement for Australian subsea robots
Aberdeen subsea equipment provider Ashtead Technology has signed an exclusive rental agreement with Australian firm Reach Robotics.
Global Underwater Hub report finds supply chain capability high, lack of project visibility threatening confidence
A report by the Global Underwater Hub (GUH) released today has emphasised the strength of the UK supply chain but warns a continuing lack of project surety is impeding necessary investment.
SLB to deploy Plexus technology in new North Sea well plugging project
Aberdeen oil and gas engineering services firm Plexus Holdings has been awarded an equipment contract for a new North Sea plug and abandonment (P&A) project by SLB (NYSE: SLB).
Aberdeen’s AISUS Offshore forms strategic partnership with Brazilian firm
Aberdeen oil field equipment supplier AISUS Offshore has announced a strategic partnership with Brazilian engineering firm SIMEROS.
Fife based Oceaneering workers balloted on strike action after pay offer rejected
Around 90 union members working for Oceaneering in Fife will vote on taking strike action after rejecting a pay offer.
Exclusive: Three60 Energy acquires Pryme Group and Flexlife to create £200m revenue business
Aberdeen-based energy services firm Three60 Energy has announced it will acquire fellow Scottish firms Pryme Group and Flexlife, creating a £200 million revenue business.
Aker BP to pioneer DeepOcean-operated unmanned surface vessel
Aberdeen-based ocean services provider DeepOcean and Norwegian oil firm Aker BP will pioneer the use of an unmanned surface vessel (USV) for subsea inspection, maintenance and repair (IMR) and survey work.
Baker Hughes secures two long-term contracts from Norway’s Vår Energi
American energy technology company Baker Hughes (NASDAQ: BKR) has expanded its North Sea presence after securing two long-term contracts with Vår Energi.
Industry veteran and Apollo founder joins Aberdeen’s PDi
Aberdeen’s PDi has secured the services of industry stalwart Jonathan D’Arcy in a major coup for the subsea engineering firm.
Aberdeen subsea firm takes on ESG lead to spur net-zero growth
J&S Subsea has unveiled a new appointment in a bid to drive growth in the circular economy and help clients boost their environmental credentials.
PDi unveils new operations manager following contract wins
Aberdeen-headquartered PDi has announced the appointment of James Rees as its new operations manager.
Exclusive: Decom North Sea chair moves from Bilfinger UK to PDi
Subsea engineering firm PDi has bolstered its leadership team with the appointment of a head of decommissioning.
‘Exciting times’: Fort William Underwater Trials Centre goes from strength to strength
Reversing the fortunes of its predecessor, Fort William’s Underwater Trials Centre (UTC) has built a world-leading business with an outsized impact on the global subsea sector.
Aberdeen’s PDi charts plan to grow business tenfold in coming years
“Oil crashed, and then Covid hit; but with those things now behind us, to some extent, the time to grow is now,” says James Drummond, managing director of PDi.
North-east subsea firm Rovop in ‘healthy position’ as it narrows losses
Subsea robotics firm Rovop is readying for an “extremely positive” future after delivering a solid set of 2021/22 financials.
North Sea services company splits in two, nets over £200m of fresh backing
A leading North Sea contractor has split in two as it looks to maximise opportunities in different energy markets.
Ashtead Technology predicts 25% bump in revenues
Aberdeenshire-based Ashtead Technology (AIM: AT.) has predicted a 25% year-on-year bump in revenues for the first half of 2022.
Subsea firm Modus opens ‘state-of-the-art’ control room following £24m investment
A subsea services company based in the north-east of England has launched its new control room, the result of £24 million worth of investment.
Video: Tailwind sees Evelyn and Gannet E expansion projects in North Sea take shape
A video has been released showing work taking shape on the Tailwind Energy-operated Evelyn development and the Gannet E expansion project in the North Sea.
Kintore subsea firm to expand following more than £1m in contract wins
Subsea controls specialist J+S Subsea has reported an “excellent start” to the year, as new contracts worth more than £1 million prompt a recruitment drive.
RGU and Strathclyde Uni agree five-year subsea collaboration
Robert Gordon University (RGU) and the University of Strathclyde have signed a five-year agreement which will see them collaborate in supporting new postgraduate marine research and developing new technologies.
Royal Navy, BP, Ørsted execs among appointees to new Global Underwater Hub board
The Global Underwater Hub (GUH) has announced the makeup of its new ten-strong board, drawing on talent from across the energy and marine sectors.
Westwood Global – Western Europe subsea EPC spend in 2022 expected to hit highest level since 2013
Subsea engineering, procurement and construction (EPC) spend in Western Europe in 2022 is projected to reach its highest level in almost a decade.