Shell Invests in Rocsole Pipe Deposition Monitoring Tech

Rocsole, a Finnish company which specialises in real-time tomography, has successfully completed an additional ...

read more →

BP Puts $9 Bln into Mad Dog Phase 2

BP has sanctioned the Mad Dog Phase 2 project in the deepwater Gulf of Mexico. Mad Dog Phase 2 will include a new ...

read more →

DeepOcean Gets New Majority Owner

Subsea contractor DeepOcean has a new majority owner in the company. Funds advised by a private equity investment ...

read more →

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, ...

read more →

Newly Established M² Subsea Acquires ROV Fleet

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

read more →

Olympic to Get $61 Mln Boost

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

read more →

ISIF Invests $25M in Aqua Comms

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

read more →

NYK Wraps Up Investment in EMAS Chiyoda Subsea

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

read more →

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 ...

read more →

Utility ROV Services Invests in Growth

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

read more →

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 ...

read more →

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 ...

read more →

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 ...

read more →

Aker Puts Money into Solstad

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

read more →

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 ...

read more →

Statoil Goes Subsea for Snorre 2040

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

read more →

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 ...

read more →

Magma Gets $60 Mln Boost

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

read more →

INTERVIEW: Aleron Subsea Invests in Growth

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

read more →

Spectrum Posts Profit Drop

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

read more →

Stonehenge Moves Forward with Protean WEC

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

read more →