MARTAC Delivers Strongest H1 Results in Company History
. The company also made several notable investments to scale its operational footprint, resulting in a 25-fold increase in production capacity. The results reflect increasing vessel deliveries to domestic and international customers, as well as the sale of autonomy subscriptions, and training and maintenance services. With orders already placed and growing demand from U.S. and allied defense customers, the company is projecting full year order growth of 700% and revenue growth of 500% in 2026 versus 2025 results. MARTAC also anticipates record profits in 2026 while increasing its research & development
KOIL Energy Lands First Brazil Subsea Maintenance Job
KOIL Energy has secured its first contract in Brazil for subsea umbilical maintenance services, marking the company's entry into the world's largest deepwater offshore market.The contract covers the re-termination and testing of subsea umbilical components, including chemical injection and hydraulic control lines, as well as electrical cables.KOIL said it will use its proprietary technology and specialized equipment to carry out the pull-in, removal and replacement of the umbilical elements.Planning, engineering, qualification and procurement work will be carried out from KOIL's operational
Subsea Global Solutions Launches New C-ROV Services
designed to support fuel efficiency, vessel performance, and proactive biofouling management. Services available from the Antwerp office beginning in July include: C-ROV underwater hull cleaning Biofouling management support Propeller polishing Underwater inspections and maintenance services Technical underwater repairs, including propeller repairs, underwater wet welding, stern seal support, and class-approved in-water repair solution
Strategic Move Brings Decom Engineering's Base to Aberdeen
Decom Engineering has relocated its head office to Aberdeen to be closer to key clients and for easier access to the skills market.The specialist cutting technology provider supports the oil, gas, renewables and infrastructure sectors on decommissioning projects and provides inspection, repair and maintenance services, as well as pipe coating removal.The strategic move to Aberdeen follows a promising start to 2025 with the company securing more than $2.65 million (£2 million) in contracts in the Americas, Africa and Australia.Established in Belfast, Northern Ireland, in 2011, Decom opened an engineering
Fugro to Perform Fully Remote Subsea Surveys for Petrobras Off Brazil
Petrobras has signed a 175-day addendum to Fugro’s current inspection, repair and maintenance services contract, performed by the Fugro Aquarius, to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil.Work will begin in January 2025, leveraging Fugro’s advanced Blue Essence uncrewed surface vessel (USV) and Blue Volta electric remotely operated vehicle (eROV) technology to enhance inspection safety, efficiency, and sustainability.The contract marks Fugro’s first use of this equipment in the Americas, following successful applications in Australia
Rovco Joins the Offshore Wind O&M Partnership
provider of technology-powered offshore wind solutions, to complement its maintenance (O&M) services to offshore wind asset owners internationally.Through automated hydrographic survey and remote operating vehicle (ROV) operations, Rovco’s technical offering includes operations and maintenance services, construction support and marine site characterization.Based in the UK, OWOP was formally launched in late January 2024. The alliance says it brings a coordinated and agile approach to delivering safe and high-quality O&M services, reducing the complexity and resource intensity associated
SeeByte Wins Deal to Continue UK Mine Hunting Capability Program Support
with SeeByte software which is now widely fielded in different applications by the Royal Navy and its NATO allies and works collectively and collaboratively to optimize the operation and effectiveness of its autonomous vehicles (both surface and underwater).This also includes continued support and maintenance services for software products currently fielded by UK government agencies. These include their Multi Domain C2, Mission Level Autonomy and Automatic Target Recognition (ATR) solutions that are already fielded, operationally proven and in-service with the UK, US and NATO Navies
Mermaid Gets Subsea Services Contract Extension in Middle East
a national upstream oil and gas major.The contract extension, including several medium-term subcontract awards, worth approximately $125 million to Mermaid, has been secured with a ‘reputable’ company whose name was not disclosed.The work scope covers offshore inspection, repair and maintenance services in direct continuation to its current contract, which commenced in 2012.Mermaid said it will continue to provide a suite of diving services using its DP2 saturation dive support vessel Mermaid Asiana, along with remotely operated vehicles (ROVs), specialized diving equipment and divers.Mermaid&rsqu
MoU Signed for Offshore Wind Solutions in Taiwan
Swire Renewable Energy A/S (SRE) and Tien Li Offshore Wind Technology Co., signed a Memorandum of Understanding (MoU) to deliver operations and maintenance services in the Taiwanese offshore wind turbine industry and other parts of the Asia Pacific region.The agreement was formalized in Taipei during a ceremony attended by Tien Li, President, K.D. Wu and Swire Renewable Energy Chief Executive Officer, Ryan Smith, and marks a key step for both companies to develop a joint venture focussed on delivering localised wind turbine operations and maintenance services and ultimately enhancing efficiency
August 2026
