Equinor ASA EQNR has awarded a long-term subsea inspection, maintenance and repair (IMR) contract to DeepOcean, a subsea services provider based in Norway, to support its operational activities in the ...
Offshore oil and gas production facilities have, for decades, relied on hydraulic systems to control subsea trees, valves, ...
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A Scottish company is planning to build a fleet of uncrewed submarines to tap into the $3 billion subsea services market. HonuWorx plans to deploy a fleet of 50 electric-powered robotic submarines to ...
Event driven interest in TechnipFMC TechnipFMC (FTI) heads into its first quarter 2026 earnings release on April 30 with attention on how its strong backlog, offshore investments and Subsea operations ...
A Houston-based company has launched a new Remotely Operated Vehicle (ROV) for subsea operations. Developed by Oceaneering International, the vehicle is designed for 30-day continuous subsea ...
Rystad Energy’s latest report offers an optimistic outlook for the global subsea market, projecting capital investments to surpass $42 billion by 2027. This growth is anticipated to be fueled by ...
Their super-major projects are in their early stages. Margins and profits are already growing, but they will grow much more when the big projects mature. The key thing to keep in mind is always that ...
Reach Subsea has exercised the first in a series of exclusive options with Kongsberg Maritime for the delivery of the next two uncrewed surface vessels (USVs), Reach Remote 3 and 4. The contract terms ...
Hydromea and Equinor demonstrated a real-time, high-bandwidth wireless data transmission from the seabed directly to the cloud, using a combination of optical subsea networking and satellite ...
Astro Offshore has added a new ultra-deepwater multi-purpose support vessel (MPSV) to its fleet, strengthening its subsea ...