ESS Technology Nets Another Patent Award

Ecosse Subsea Systems Ltd. are delighted to announce the award of patents for their SUST plough technology.

ESS, Osbit to Develop New Trenching System

Ecosse Subsea Systems (ESS) said it will invest up to £3 million in developing a water-jetting tool which, ...

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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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Olympic to Get $61 Mln Boost

Olympic Shipping, a Norwegian provider of subsea and offshore construction vessels, said that a consortium of local ...

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ISIF Invests $25M in Aqua Comms

Aqua Comms, the operator of Ireland’s first dedicated subsea fibre-optic network interconnecting New York, ...

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NYK Wraps Up Investment in EMAS Chiyoda Subsea

Nippon Yusen Kabushiki Kaisha (NYK) has completed its investment in EMAS CHIYODA Subsea (ECS). Through the ...

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Caithness-Moray Project to Award $850M to UK Firms

A study of the economic contribution made by the Caithness-Moray transmission project has found that it is ...

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Utility ROV Services Invests in Growth

Utility ROV Services (URS), has invested £6m million ($7.8 million) in two remotely operated vehicle (ROV) systems ...

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OGA Awards £200K to Spur On Pursuit for Offshore O&G

The Oil and Gas Authority (OGA) has awarded more than £200,000 in the final stage of its exploration licence ...

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DEME Completes Investment in Tidal Power Scotland Limited

Atlantis Resources informed that DEME Concessions NV, a member of the DEME Group, has completed its purchase of ...

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DP Energy Names New Chief Investment Officer

DP Energy has appointed Andrew Smith to the post of chief investment officer.  His role will include work on the ...

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Aker Puts Money into Solstad

Oslo-listed vessel owner Solstad has together with Norwegian industrial investment company Aker, and with support ...

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Aker Solutions Signs Up Aberdeen for Another Decade

Aker Solutions is redeveloping its manufacturing site in Aberdeen to strengthen its capabilities in the UK. The ...

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Statoil Goes Subsea for Snorre 2040

Norway’s Statoil has reportedly given up on constructing a new platform to develop its Snorre 2040 project ...

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TGS Sees Revenue Slashed

TGS has recorded a drop in operating revenues of more than 50 percent in the fourth quarter 2015 compared to a ...

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Magma Gets $60 Mln Boost

Magma Global, manufacturer of m-pipe, has raised $60 million from Strategic Industrial Capital Partners (SICP) and ...

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INTERVIEW: Aleron Subsea Invests in Growth

Subsea robotic firm, Aleron Subsea, established in 2010 by Mike Bisset, is a specialist ROV refurbishment, upgrade, ...

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Spectrum Posts Profit Drop

Norwegian seismic contractor Spectrum has reported a decline in profit in the second quarter 2015 on a year-on-year ...

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Stonehenge Moves Forward with Protean WEC

Stonehenge informed that the functional ocean based testing of the fully assembled proof of commercial ...

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Harkand Gets Oaktree Boost

Harkand’s key shareholder Oaktree Capital Management has invested an additional $25 million which should allow the ...

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Teledyne Ups Ocean Aero Stake

Teledyne has invested additional capital and increased its ownership interest in Ocean Aero to approximately 37 ...

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Shell Greenlights Appomattox Project

Shell has made the final investment decision (FID) to advance the Appomattox deep-water development in the Gulf of ...

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