Kongsberg Maritime Adds New Research Vessel to Its Fleet

Kongsberg Maritime, a Norwegian technology company, has added a new research vessel to its fleet. The new research ...

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Subsea 7 Books $418 Million Profit in 2016

Oslo-listed Subsea 7 has substantially narrowed its loss, compared to the prior-year quarter, and bounced back in ...

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Eidesvik Sinks Deeper into Red

Norwegian vessel owner Eidesvik Offshore has posted quarterly loss as it recognised fleet impairment charge and its ...

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Farstad Takes NOK 3.6 Bln Loss in 2016

Norwegian shipowner Farstad has seen its loss widened on more than 40 percent drop in operating income and large ...

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Fleet Impairment Sinks Solstad to $180 Mln Loss

Oslo-listed Solstad Offshore has recognised loss of close to NOK 1.5 billion ($180 million) for the fourth quarter ...

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Ashtead Expands Its iXblue Ramses Fleet

Ashtead Technology has expanded its fleet of iXblue Ramses subsea navigation systems. The iXblue Ramses can be used ...

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McDermott Strengthens Subsea Fleet

McDermott has confirmed the acquisition of the newly-built pipelay and construction vessel Amazon to boost ...

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Wartsila to Service PGS’ Vessel Fleet

Wärtsilä and PGS have signed a service agreement under which Wärtsilä will take care of the maintenance of engines ...

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Veripos Gets Subsea 7 Extension

Veripos has announced a multi-year extension to its existing positioning services contract with Subsea 7. Under ...

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DOF Boosts Fleet with Two Olympic Vessels

An undisclosed Norwegian limited company has signed an agreement with Olympic Shipping for the purchase of two ...

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Teledyne SeaBotix Boosts U.S. Department of Defense ROVs

Teledyne SeaBotix has secured an operational capability upgrade contract with the U.S. Department of Defense ...

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Second Well Intervention Vessel Joins Siem Offshore's Fleet

Siem Offshore’s second well intervention vessel Siem Helix 2 has joined the company’s fleet on December 21, 2016. ...

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N-Sea Expands Fleet with Charter of Siem Barracuda

Subsea IMR provider, N-Sea, has increased its fleet through the long term charter of Siem Offshore’s offshore ...

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Newly Established M² Subsea Acquires ROV Fleet

A recently formed subsea services business, M² Subsea Limited, has secured a substantial injection of private ...

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OFG Adds New AUV to Its Fleet

Ocean Floor Geophysics (OFG) has invested in a 3000 meter-rated Hugin autonomous underwater vehicle (AUV). The AUV ...

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GC Rieber Sees Red on Fleet Impairment

Norwegian offshore vessels provider, GC Rieber Shipping, has recognised quarterly loss of NOK 453.8 million, ...

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Solstad Posts Quarterly Profit Drop

Oslo-listed Solstad Offshore, has recorded a profit of NOK 171.2 million ($20.8 million) for the second quarter of ...

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REM Takes NOK 900 Mln Impairment Hit

Norwegian firm REM Offshore has posted second-quarter 2016 net loss of NOK 1.12 billion ($136.5 million), compared ...

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Siem Offshore Narrows Losses

Siem Offshore has managed to shrink its quarterly loss, despite weaker revenue, as fleet write-downs were much ...

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SeaBird in Profit, Might Look into Further Fleet Resizing

Oslo-listed SeaBird has swung to a profit compared with a negative result in the second quarter 2015, on increased ...

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Boskalis Takes Profit Hit

Royal Boskalis Westminster N.V. (Boskalis) has seen a profit drop of 52 percent in the first half of 2016 as the ...

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