People & Company News


Beating the Heat: R.W. Fernstrum & Company Turns 75

Nov 07, 2024

R.W. Fernstrum & Company, founded by Robert W. Fernstrum 75 years ago, is a quintessential U.S. manufacturing story. The company was born in the aftermath of WWII, founded on an invention developed during the war by Robert Fernstrum to help solve an engine overheating problem that was plaguing U…

Spaces & Places: Inside the ‘Crown Jewels’ of Newfoundland & Labrador

Sep 20, 2024

The spaces and places of Newfoundland and Labrador’s maritime, offshore and subsea industries.The maritime industry in Newfoundland and Labrador (NL) is unique—versatile, adaptable, collaborative and community-focused. This is not only due to the North Atlantic’s proximity…

IK Group Spins Off Norclamp

Aug 28, 2024

IK Group launched Norclamp, a new company dedicated to meeting the rising demand for subsea pipeline repairs.In response to the increasing need for maintenance solutions in the subsea pipeline repair segment, IK Group spun off its repair clamp business unit from IK Subsea to establish Norclamp…

KOTUG Vessels Support ENI Congo LNG Project

Aug 27, 2024

KOTUG International B.V.won a contract for ENI Congo to deliver critical marine services for the Congo LNG project. This project, situated offshore the Republic of Congo, includes the Tango FLNG and the Excalibur Floating Storage Unit (FSU)…

Anasuria Hibiscus taps Ocean Installer for 'Sizeable' Subsea Tie-Back Project

Aug 26, 2024

Ocean Installer won 'a sizeable' project from Anasuria Hibiscus UK Limited as part of a new frame agreement for offshore construction. The Teal West Development comprises a subsea tie-back to the Anasuria FPSO. The scope of work on Teal West includes installation of manifold…

Izomax Wins a Milestone Contract with Shell

Aug 22, 2024

Izomax scored a milestone frame agreement with Shell, a deal that will enable Shell to leverage Izomax's patented  AOGV technology to reinvent plant maintenance procedures.The three-year frame agreement allows Shell to fulfill ambitions for…

DeepOcean Wins Vessel Contract Extension in Mexico

Aug 20, 2024

DeepOcean won a contract extension with Diavaz for the vessel, Arbol Grande. The vessel will work on Inspection Maintenance and Repair (IMR) services in Mexico for the next five years.Arbol Grande is a construction and subsea vessel, delivered…

Unique Group Acquires Subsea Innovation

May 03, 2024

Unique Group acquired subsea technology and equipment manufacturer Subsea Innovation. The deal elevates Unique Group’s global engineering capabilities, enhances its portfolio and further strengthens the organization’s focus on engineering excellence and technology development…

QatarEnergy Inks Nakilat Deal for Operation of 25 LNG Ships

Mar 25, 2024

QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25, 174,000 cubic meter LNG vessels as part of the second ship-owner tender under QatarEnergy’s historic LNG Fleet Expansion Program…

Jozwiak Joins GLO Marine as Green Transition Lead

Feb 29, 2024

Maciej Jozwiak joined the GLO Marine team, with his experience expected to enhance the company's technical capacity to deliver high-end services to the retrofit and vessel upgrade market, with a focus on green technologies and decarbonization measures…

Marine Power R&D Insights: Matt Hart, Wabtec Corporation

Feb 13, 2024

Matt Hart, Manager & Platform Leader, Marine & Stationary Power Systems, Wabtec, offers insights on how the megatrends of decarbonization, energy transition and autonomy all inspire and impact the marine power solutions from Wabtec.Matt, to start us off…

Copenhagen Offshore Partners Names Co-CEOs to Lead Philippines Operations

Jan 15, 2024

Offshore wind developer Copenhagen Offshore Partners (COP) announced Rune Damgaard and Jesper Krarup Holst will serve as Co-CEOs of the group’s operations in the Philippines, including development of three offshore wind sites totalling 2 GW…

Expro Marks Four Decades of Subsea Work

Jan 03, 2024

Expro (NYSE: XPRO) is celebrating 40 years of subsea sector leadership since launching its first subsea test tree system in the North Sea in 1983.From the creation of its first 10ksi subsea test tree assembly (SSTTA) for an exploration and appraisal…

Cenosco Acquires Shell’s IMS Software

Dec 19, 2023

Cenosco, a provider of asset integrity software, have acquired complete ownership of the intellectual property (IP) rights of the jointly developed IMS, Integrity Management System. IMS is an Asset Integrity Management software suite, which…

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