“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.
Subsea engineering, procurement and construction (EPC) spend in Western Europe in 2022 is projected to reach its highest level in almost a decade.
Scottish wave power firm Mocean Energy has secured major new investment to accelerate the commercial rollout of its flagship technology.
Subsea 7 and technology partner FLASC have been awarded a grant to advance an innovative offshore energy storage system.
Global Underwater Hub (GUH) chief executive Neil Gordon has backed the UK's blue economy to grow exponentially in the coming years.
Around 3,000 attendees are expected in Aberdeen this week as the Subsea Expo conference and exhibition returns, marking the first major in-person industry event for Aberdeen since the pandemic.
“You would like to think it was good planning,” joked Neil Gordon, chief executive of the Global Underwater Hub (GUH), “but I think it’s just fortunate that, at the moment, it looks as if everything has landed well for us.”
Ashtead Technology is forecasting a buoyant balance sheet after a “strong performance” in 2021.
The Global Underwater Hub (GUH) has announced a series of senior appointments to deliver its ambition of transforming the underwater industry in the UK.
Remotely operated vehicle (ROV) specialist Rovop is forecasting continued growth after a “strong performance” this year.
A leading Aberdeen-based electrical and subsea supplier has continued its 40th anniversary celebrations with the creation of a new division.
Subsea energy storage company EC-OG has appointed an experienced business leader to its board to help power the company’s growth.
Ashtead Technology enjoyed a solid debut on the London Stock Exchange’s AIM market yesterday.
Subsea service firm Rovop said it is on a “strong growth trajectory” after securing contracts valued at £25million in the last six months.
Energy services giant Subsea 7 has announced that its chief financial officer (CFO) will retire from his position at the end of the year.
A new Global Underwater Hub (GUH) has appointed an “industry heavy-hitter” as its first chairman.
The UK’s energy minister has been booked to give the opening address at Subsea Live later this month.