TechnipFMC saw its profits halved in the third quarter of the year amid a series of pre-tax charges and “diverging trends” for its various business segments.
A new £16million subsea development centre has been opened in East Kilbride.
Tekmar Group has signed a deal to buy fellow subsea technology firm Pipeshield International for £6.5million.
A partnership between Scotland and Japan will inject £21m into six projects designed to tackle the next wave of challenges in the subsea industry.
Global subsea equipment specialist Ashtead Technology is still on the acquisition trail after a flurry of deals since it changed hands three years ago.
Hydro Group has hailed growth thanks to work in the defence sector but said the subsea industry it operates in still has a “long, hard slog” ahead.
Oceaneering has announced plans to consolidate its seven Aberdeen offices into a new location.
Next year’s Subsea Expo will be focussed on new opportunities across the underwater industry, “not just oil and gas and renewables”.
Energy services giant Subsea 7 is giving experienced engineers from all sectors the chance to forge a new career in the subsea industry.
TechnipFMC's chief executive has declared “we are winning” amid what he described as an “unprecedented” level of orders for the company.
Marine technology firm Nautronix has changed hands for the second time in less than four years.
Subsea firm Acteon has taken on 177 workers from Proserv amid an acquisition of its field technology services (FTS) business.
TechnipFMC has announced the award of a number of “significant” contracts for a deepwater project off the coast of India.
Theresa May will today announce UK Government backing for a multi-million-pound Aberdeen underwater engineering hub to help the oil industry diversify into green energy.
A subsea consultancy has announced the creation of 10 new Aberdeen jobs after raising £500,000 from investors.
Malin React, a newly launched arm of Malin Group, has appointed industry expert Graham Penman to head up its operation in Aberdeen.
Engineering group Tekmar has acquired 80% of a renewables and subsea consultancy – for just £2.
A Nasa engineer has said Scotland’s growing space sector can work “hand in hand” with the subsea industry.
Back in the day – the late ’ 90s – a project called the Zero Surface Facilities Initiative was set up between a collection of operators and contractors known as the Atlantic Margin Joint Industry
North Sea tides are powering growth and investment in an award-winning Aberdeen-headquartered firm, according to the company’s business development chief.
The UK’s £7.5 billion subsea sector needs to shed its “master and servant mindset”, an industry veteran said yesterday.
Life is looking up on the subsea front.
Two years ago, following fantastic collaborative efforts from 70 people in 31 companies, Oil & Gas UK’s Efficiency Task Force (ETF) team published the first Subsea Standardisation guidelines and the signs are they’ve been put to good use.
London-based subsea consultancy firm Agiletek has announced a bumper year increase in sales and clients, inking £1 million in new deals in 2018.
Remotely-operated vehicle (ROV) company Rovop, of Westhill, Aberdeenshire, is celebrating bumper sales.