The Northumberland facility will produce high and extra-high voltage subsea cables for the offshore wind sector.
ROVOP global revenues increase by 31%, with EBITDA up 57% to £11m.
Aberdeen-based well decommissioning specialists Well-Safe Solutions have signed an agreement with Spirit Energy, adding another well to its current plug and abandonment campaign.
Aberdeen subsea equipment provider Ashtead Technology has signed an exclusive rental agreement with Australian firm Reach Robotics.
Global Underwater Hub report finds supply chain capability high, lack of project visibility threatening confidence
A report by the Global Underwater Hub (GUH) released today has emphasised the strength of the UK supply chain but warns a continuing lack of project surety is impeding necessary investment.
Aberdeen oil and gas engineering services firm Plexus Holdings has been awarded an equipment contract for a new North Sea plug and abandonment (P&A) project by SLB (NYSE: SLB).
Aberdeen oil field equipment supplier AISUS Offshore has announced a strategic partnership with Brazilian engineering firm SIMEROS.
Around 90 union members working for Oceaneering in Fife will vote on taking strike action after rejecting a pay offer.
Aberdeen-based energy services firm Three60 Energy has announced it will acquire fellow Scottish firms Pryme Group and Flexlife, creating a £200 million revenue business.
Aberdeen-based ocean services provider DeepOcean and Norwegian oil firm Aker BP will pioneer the use of an unmanned surface vessel (USV) for subsea inspection, maintenance and repair (IMR) and survey work.
American energy technology company Baker Hughes (NASDAQ: BKR) has expanded its North Sea presence after securing two long-term contracts with Vår Energi.
Aberdeen’s PDi has secured the services of industry stalwart Jonathan D’Arcy in a major coup for the subsea engineering firm.
J&S Subsea has unveiled a new appointment in a bid to drive growth in the circular economy and help clients boost their environmental credentials.
Aberdeen-headquartered PDi has announced the appointment of James Rees as its new operations manager.
Subsea engineering firm PDi has bolstered its leadership team with the appointment of a head of decommissioning.
Reversing the fortunes of its predecessor, Fort William’s Underwater Trials Centre (UTC) has built a world-leading business with an outsized impact on the global subsea sector.
“Oil crashed, and then Covid hit; but with those things now behind us, to some extent, the time to grow is now,” says James Drummond, managing director of PDi.
Subsea robotics firm Rovop is readying for an “extremely positive” future after delivering a solid set of 2021/22 financials.
A leading North Sea contractor has split in two as it looks to maximise opportunities in different energy markets.
Aberdeenshire-based Ashtead Technology (AIM: AT.) has predicted a 25% year-on-year bump in revenues for the first half of 2022.
A subsea services company based in the north-east of England has launched its new control room, the result of £24 million worth of investment.
A video has been released showing work taking shape on the Tailwind Energy-operated Evelyn development and the Gannet E expansion project in the North Sea.
Subsea controls specialist J+S Subsea has reported an “excellent start” to the year, as new contracts worth more than £1 million prompt a recruitment drive.
Robert Gordon University (RGU) and the University of Strathclyde have signed a five-year agreement which will see them collaborate in supporting new postgraduate marine research and developing new technologies.
The Global Underwater Hub (GUH) has announced the makeup of its new ten-strong board, drawing on talent from across the energy and marine sectors.