Subsea Digitisation

An article by WFS Technologies

Fugro Eyes Seabed Geosolutions Exit

Fugro is looking to sell its stake in Seabed Geosolutions, a joint venture company with French seismic player CGG. ...

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Diavaz Takes Oceanteam Stake in Mexican Joint Venture

Offshore services player Oceanteam and its Mexican partner Diavaz have reached an agreement to terminate the joint ...

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MeeMaken Takes Over Blue Offshore

Dutch investment company MeeMaken has acquired a majority stake in Blue Offshore – solutions provider for ...

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Akastor Wraps Up AKOFS Stake Sale to Mitsui and MOL

Akastor has completed the transfer of 50% of its shares in AKOFS Offshore to Mitsui and MOL (Mitsui O.S.K. Lines) ...

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LOC Renewables Buys Stake in French INNOSEA

LOC Renewables, a part of LOC Group, has acquired a 70% stake in INNOSEA, a marine energy engineering company based ...

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Mitsui, MOL Eye Subsea Support Market with AKOFS Stake Buy

Akastor has entered into a share purchase agreement with Mitsui and MOL (Mitsui O.S.K. Lines) for transfer of 50% ...

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Telecom Egypt to Acquire OTMT Stake in MENA Cable

Telecom Egypt’s subsidiary, Egyptian International Submarine Cables Company (EISCC), has signed a sale and ...

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Atlantis Sells Stake in AOCL to DP Energy

Atlantis Resources has agreed to sell its 50% stake in Atlantis Operations (Canada) Limited (AOCL) to its partner ...

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Premier Sells ETS Pipeline Stake to CATS Management

Premier Oil has entered into a sale and purchase agreement to sell its entire equity interest in the Esmond ...

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Aker BP Sells 10 Pct Stake in Valhall and Hod to Pandion

Aker BP has entered into an agreement with Pandion Energy to divest 10 percent interest in the Valhall and Hod ...

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EBRD Acquires Stake in Black Sea Oil & Gas

European Bank for Reconstruction and Development (EBRD) has become a minority shareholder in the Black Sea Oil ...

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Statoil Acquires Martin Linge and Garantiana Equity Stakes

Statoil has informed that it will acquire Total’s equity stakes in the Martin Linge field (51%) and the ...

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Fortum Buys Stake in Seabased

Finland-based clean energy company, Fortum, has acquired a 10 percent stake in Seabased for an undisclosed value. ...

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GeoSea Acquires Majority Stake in Belgian G-tec

GeoSea, part of DEME Group, has acquired the majority of the shares of G-tec, the Belgium based contractor ...

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Shell Divests from Polarled and Nyhanma

Shell, has entered into an agreement with CapeOmega for the sale of Shell’s 9.02% stake in the Polarled ...

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ACE Winches Secures £10 Million Boost from Balmoral

Multi-disciplined design, engineering and manufacturing company Balmoral has taken a substantial stake in ACE ...

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Forum Takes Over Global Tubing, Gets Quantum as Shareholder

Forum Energy Technologies has signed a definitive agreement to acquire the membership interests in Global Tubing ...

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Kraken Buys Stake in Enitech Subsea

Kraken Sonar has acquired a minority interest in Enitech Subsea GmbH of Rostock, Germany, and the company has been ...

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Boskalis Gives Up on Fugro

The Dutch dredging and marine specialist Boskalis has sold all of its remaining share in Fugro. Boskalis started ...

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Eni and BP Conclude Stake Sale in Egypt’s Zohr Field

Eni and BP have completed the sale of 10% interest in the Shorouk concession offshore Egypt, which contains the ...

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Reach Subsea Gets New Major Shareholder

North Energy Capital (NEC) has through a series of transactions become the new major shareholder of Reach Subsea ...

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