Rovco to launch subsea tech after £1.2million investment
Rovco will triple its workforce and launch a new subsea surveying system after securing a £1.2million investment.
subsea
Payroll surge prompts Jee to move
Subsea engineering and training company Jee has moved offices in Aberdeenshire as it continues to grow and expand its workforce.
Opinion: To thrive abroad, strong domestic market comes first
I was saddened to learn of the death of Ken Forrest who, in my days as energy minister, was head of the oil and gas division of what was then known as Trade Partners UK.
Does the UK’s subsea industry actually belong to the UK?
I don’t like spin. Never have and never will. Consequently I get really annoyed when people talk about the success of the UK subsea industry. Brits seem to have a thing about claiming ownership of something simply because it’s based here. It’s a bit like Ford motor cars. We – not me obviously – think of it as British because it’s been here since the 1930s or maybe earlier. It isn’t. It’s American. Always has been, always will be.
Subsea 2018: Xodus to carry out benchmark study into strength of Scottish subsea sector
Aberdeen-based Xodus Group is undertaking an international study to determine the strength of the Scottish subsea market.
Rovco win funding to develop 3D underwater visualisation project
Subsea firm Rovco has announced that it has managed to secure Innovate UK funding to develop a 3D visualisation project as part of a potential £1million AI demonstrator venture.
Subsea still clawing its way out of the bottom, BHGE boss says
The subsea sector is still clawing its way up from the bottom of the market curve, according industry veteran Neil Saunders
Rotech carving up the ‘green’ market for subsea trenching
The Aberdeen-based Rotech group of businesses is carving out a niche for its subsea excavation business in the renewable-energy market.
Balancing capacity vs capability biggest subsea challenge, says GE boss
The biggest subsea and drilling challenge is trying to strike a balance in capacity versus capability of the workforce, according to a GE Oil & Gas boss.
Exxon extends field life with new development well
Exxon Mobile has been given consent to extend the lifetime of its Sigyn field activities.
Safer subsea sample handover, claims Proserv
Proserv has launched a new subsea sampling cylinder.
Subsea firm Emas Chiyoda files for bankruptcy
Major subsea player Emas Chiyoda (ECS) has filed for chapter 11 bankruptcy.
Subsea 2017: Energy service firm Subsea 7 could have saved £130k on documentation
Energy service firm Subsea 7 has calculated that it could have saved more than £130,000 on a project if it had cut back on documentation.
Opinion: Brexit to decommissioning – UK’s oil and gas future
Following Brexit and the continued stagnation of the oil and gas price, 2016 will long be remembered for all the wrong reasons. However, despite the rather gloomy past, 2017 is shaping up to be a far better year for the industry. With advancements in technology and testing, 2017 is set to see new, green shoots of growth return to the sector.
Subsea2017: Aberdeen consultancy wins five year contract with North Sea operator
An Aberdeen-based subsea consultancy has secured a five-year contract with an established North Sea operator.
Bibby Offshore shows renewed confidence in North Sea with charter extension
Bibby Offshore has shown renewed confidence in the North Sea by extending an exclusive charter for premier dive-support vessel Bibby Topaz.
Subsea A-team love it that ROV plan came together
It was during the 2016 Offshore Technology Conference in Houston that Energy broke the news that M2 Subsea was being put together to compete in the ROV (remotely operated vehicle) and related services marketplace.
Subsea Expo 2017: Firms urged to broaden horizons to capitalise on $5billion UK export market
Subsea UK is calling for British firms to broaden their horizons in a bid to sustain long term growth in the industry.
M² Subsea Limited nets private equity investment, buys fleet of ROVs from Harkand
A UK and US based subsea service business has been given a multi-million pound private equity investment to acquire a fleet of ROVs from shipping firm Harkand.
Royal IHC to cut more than 400 jobs
Royal IHC said it will reduce its headcount by around 425 permanent and temporary contracts due to the continued decline in oil price.
James Fisher acquires subsea service firm Hughes for £10m
Marine service company James Fisher and Sons said today it had completed another acquisition after tying up a £10million deal for Hughes Sub Surface Engineering.
IKM Subsea nets Statoil contract worth NOK750m
IKM Subsea has won an ROV and subsea services contract with Statoil worth close to NOK750million.
Offshore pipeline installations in North Sea to hit low not seen since 1980
Offshore pipeline installations in the North Sea are forecast to drop to a 35-year low this year as the decline in oil price hits the region's subsea industry.
Mermaid Maritime wins string of subsea contracts worth $11m
Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.
Fugro provides safer drilling for BP in strong Caribbean currents
Fugro has delivered a spectrum of services to BP Trinidad and Tobago to allow safer drilling and completion of five subsea wells in an area of strong currents.