Subsea World News has put together a recap of the most interesting articles from the previous week (October 17 – October 23).
Saab Seaeye manufactures electric powered remotely operated vehicle (ROV) systems for a wide range of professional applications. The range currently extends from the portable and versatile Seaeye Falcon to the revolutionary electric work class Seaeye Jaguar.
In an interview with Subsea World News, Jon Robertson, managing director of Saab Seaeye, told us more about the company and its future plans.
The company has also decided to set up five divisions for the following sectors: Offshore Construction; Onshore Construction; Offshore Drilling; Onshore Drilling, and a new entity dedicated to high added value engineering activities and services.
The first five-year contract covers engineering, procurement and construction of subsea production systems for new and maturing developments worldwide.
As part of the financial restructuring that was announced October 20th 2016, Oceanteam has already entered into dialogues with its banks and largest bondholders.
In the second quarter 2016, Paris-based subsea major generated adjusted revenue of €2.9 billion, down some 6% compared to €3.1 billion in 3Q 2015. Subsea revenues were roughly 10% lower for the quarter, at €1.4 billion.