Chart courtesy Kimberlite International Oilfield Research The ROV Services market continues to be a key component for helping subsea operators achieve greater levels of operational efficiency and to reduce costs and will play a growing role in supporting the expansion of future offshore wind projects with tasks like laying cables, pre- and post-lay cable survey and other seabed activities.The size of the ROV Services market has declined to approximately $1 billion…
Thai subsea services company Mermaid Maritime has through its subsidiary Mermaid Subsea Oil and Gas Services (MSOGS) secured a loan of up to $10 million for the acquisition of Mermaid Sapphire ROV support vessel.The loan agreement, SinoPac Capital International…
The U.S. Coast Guard medevaced an injured crewmember from a dive support vessel about 17 miles south of Pecan Island, Louisiana, on Friday evening.Coast Guard Sector New Orleans watchstanders were notified at 8:15 p.m. Friday that a male crewmember in his 30s…
Norwegian ROV operator and subsea services company IKM Subsea has selected the Nauticus Robotics Olympic Arm, a fully electric work-class manipulator, for its subsea resident remotely operated vehicle (ROV) system. The Olympic Arm increases…
The UK-based provider of ROV services to the offshore energy industry has opened a new office and operational base in Edinburgh, Scotland to serve its current portfolio of offshore renewable and energy projects renewable and energy projects…
Forum Energy Technologies, a provider of remotely operated vehicles for the offshore energy industry, is expanding its offering in Asia.The company has signed an agreement with Wuxi Haiying-Cal Tec Marine Technology Co., Ltd to represent Forum…
A service provider in the West African offshore energy sector has ordered a Saab Seaeye Falcon, fully fitted for survey work.Lucas Inyama, Technical Director of Nigeria-based Geocadinal Integrated Services, said, “We ordered a survey customized…
Hydraulic repair, manufacturing and rental company Logan Industries delivered a custom A-frame to TechnipFMC for one of the services company's new state-of-the-art remotely operated underwater vehicles (ROV), which will deploy later this year…
Dutch marine and offshore services company Fugro has won a long-term contract for two remotely operated vehicles (ROVs) and a full survey positioning package on Global Marine Group recently chartered vessel, the Normand Clipper.As part of the contract…
Greece-based Asso.subsea took delivery of an SMD Quasar 150-horsepower, 1,000-meter-rated work class remotely operated vehicle (ROV) complete with launch and recovery system (LARs).The Quasar will be installed on board Asso.subsea Astrea DP2 multipurpose service vessel to support cable laying…
Rovco, a provider of remotely operating vehicles (ROV), has announced several key executive teams hires and internal appointments, including a new CFO and CTO.Reena Rowan has been appointed as Chief Financial Officer at Rovco, having previously…
Copenhagen Subsea launched a new powerful Remotely Operated Vehicle (ROV), specifically developed for the offshore industry. The ROV is based on Copenhagen Subsea’s rim-driven thruster technology and is designed to be robust and reliable in…
Dutch multinational Geo-data specialist Fugro announced that it has been disappointed in an arbitration case involving Tasik Toba Subsea in March 2019, of a long-term chartered DP3 diving support vessel, the Southern Star.An arbitration tribunal…
Subsea and offshore solutions provider Rever Offshore has announced a three-year extension to the charter of its dive support vessel (DSV) Rever Topaz.The contract will see Rever Offshore secure exclusive and uninterrupted access to this asset…
Singapore-based Ultra Deep Solutions (UDS) said it has signed the newbuild dive support vessel Ultra Deep Matisse to a long term contract for a major EPC player. The contract is said to be worth between $50 million to $250 million.The 143-meter…
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