Fugro's Profit Beats Estimates Amid Offshore Wind Concerns
Dutch geological data specialist Fugro reported stronger-than-expected core earnings on Friday, but cautioned that worsening conditions in the offshore wind sector and tighter spending by energy firms could weigh on its performance in the final quarter.Third-quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) fell 22% year-on-year to 108.6 million euros ($126.7 million), but came in above the 89 million estimate in a company-compiled consensus."The fourth quarter is expected to be significantly impacted by the continued deterioration in the offshore wind market
Unique Group Scores Multi-Million-Dollar LARS Supply Deal
at its facility in the United Arab Emirates.Delivery of the LARS is expected by the first quarter of 2026.The awarded solution is an Active Heave Compensated (AHC) LARS, featuring a fully electric winch control system and classed to DNV standards, enabling safe and reliable operations in complex offshore environments.“We are proud to partner with CCC on this milestone project. This award demonstrates our ability to combine global engineering expertise with regional manufacturing strength, delivering advanced subsea systems that meet the most rigorous international standards,” said Rakesh
How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance
Sponsored WebinarHow Hot Is Your Cable? Seequent Unlocks Subsea IntelligenceCable temperature drives ampacity, reliability, and lifecycle costs. See how subsurface models and field data help predict, monitor, and manage thermal performance to keep offshore power flowing.Date: Thu, Nov 13, 2025Time: 12:00 GMT / 7:00 AM ETFormat: Live online • 45–60 minutes + Q&AWhy Attend?Subsea cable heating is more than a technical challenge — it’s a strategic opportunity. Understanding and modelling cable temperatures can influence design decisions, regulatory compliance, operational
Fincantieri, NextGeo Shake Hands on USVs for Offshore Energy Sector
Geosolutions (NextGeo) to jointly develop unmanned surface vessels (USVs) and related technologies for the oil and gas and renewable energy industries.The partnership aims to advance next-generation autonomous surface platforms optimized for open-sea operations, environmental monitoring, inspection, and offshore infrastructure integrity management.The collaboration will focus on evolving IDS’s Surface Advanced Naval Drone (SAND) project and creating a new USV model designed to meet the operational needs of major offshore operators.Both companies will integrate new technologies, automation systems
Acteon Finds Delivery Partner for Asia-Pacific Offshore Renewables Projects
Offshore engineering and subsea services firm Acteon and Wynnergy Marine, a Taiwan-based marine solutions provider, have signed a strategic memorandum of understanding (MoU) to jointly deliver renewable energy projects across the region.The partnership supports offshore wind growth in Taiwan by providing integrated solutions that combine subsea services and local marine vessels, enabling stronger local–global collaboration.Together, the companies combine Acteon’s expertise in geophysical and geotechnical site investigations, offshore foundation construction, structural health monitoring
Pharos Offshore Expands Subsea Trenching Fleet with New Unit
Pharos Offshore Group has expanded its subsea trenching fleet with the acquisition of the 620-horsepower UTV620 jet trencher, bolstering its seabed intervention and cable protection capabilities amid rising demand across offshore wind, telecoms, and energy markets.Formerly known as CT1, the SMD-built UTV620 is designed to deliver subsea cable and pipeline burial services.The unit is undergoing upgrades and system enhancements ahead of its first deployment under Pharos in December 2025, marking the start of what the company described as a strategically significant year.The addition of the UTV620
EU-Backed Project Deploys OTEC Demonstration Unit off Canary Islands
A new storm-resistant ocean energy prototype has been installed off the coast of Gran Canaria, developed under the EU’s Horizon Europe-funded PLOTEC project, as a next step in harnessing ocean thermal energy conversion (OTEC) as a source of renewable energy.The deployment marks the first long-term offshore operation of an OTEC platform in decades, following early temporary demonstrations such as the historic Mini-OTEC and OTEC-1 projects, deployed in the late 1970s and early 1980s off Keahole Point in Hawaii, which used a U.S. Navy barge and a converted World War II T2 tanker, respectively.OTEC is
First Export Cable Laid at Scotland’s 1.1GW Offshore Wind Farm
Enshore Subsea has installed the first of two offshore export cables at Inch Cape offshore wind farm, using the CMOS Installer cable laying vessel.Operating from the Port of Blyth, the vessel installed the first of two 85-kilometre export cables for the 1.1 GW offshore wind farm, being built off the east coast of Scotland.The 220 kV, three-phase export cable was installed in three 28-kilometre sections.Once operational, the cable will transmit power from the offshore wind farm to the project’s new onshore substation under construction at Cockenzie, East LothianThe cable required two offshore
Venterra Rolls Out V-LiDAR Fleet for Offshore Wind Surveys
Offshore wind services group Venterra has launched the V-LiDAR, a global fleet of advanced dual LiDAR buoys designed and manufactured in the U.K., aimed at advancing offshore wind measurement capabilities.The launch of the fleet follows $13.3 million investment, and mark the culmination of a two-year project drawing on expertise from across Venterra’s nine specialist companies.Developed by Venterra subsidiary Partrac and built by engineering firm Osbit at its new Port of Blyth facility, the V-Lidar system combines precision data acquisition with enhanced health and safety standards, offering
Fugro Wraps Up Geotech Survey for Orsted’s OW Project in South Korea
Fugro UST21 has completed offshore geotechnical site investigations for Ørsted’s 1.4 GW Incheon offshore wind project in Incheon, South Korea.The project, located approximately 70 km off the coast, is set to become the largest offshore wind farm in the country and plays a pivotal role in Korea’s transition to net-zero emissions by 2050.Fugro’s Geo-data will support the design of foundations and cable routes across the whole development area of Incheon offshore wind project.The work covers a comprehensive scope of marine geotechnical services, including seabed cone penetration
China’s Ming Yang Unveils Plans for 50MW Ultra-Large Floating Wind Turbine
failure rates, cutting levelized cost of energy across the full life cycle. It will be backed by a physics-plus-AI smart wind-farm platform, and able to predict faults in advance, sense operations holographically and act before issues arise.The MCD technology covers the complete onshore and offshore product spectrum, the company noted.“Going forward, Ming Yang Smart Energy will stay committed to innovation-led, technology-first principles, joining hands with global partners to drive continuous evolution in wind technology and contribute ever greater Ming Yang strength to a zero-carbon
Subsea Compression and the Ormen Lange Moon Landing
3 project. The resolution - diagnosing and fixing a software bug - was a testament not just to world-record engineering, but to a collaborative culture that Hjelmeland believes was essential to the project's outcome. The groundwork laid during that onshore test led to a remarkably smooth startup offshore, a success echoed by Shell's Project Director at the Ormen Lange Phase 3 project, Richard Crichton. "When we carried out the final commissioning, it only took us 20 days from starting the compressors until we reached full power, which is quite extraordinary," he said.Richard Crichton
Indeximate Demos Cable Health Monitoring Tech on RWE Subsea Cables
Indeximate, a provider of fiber sensing-based cable health monitoring to the offshore wind energy industry, announced that it has demonstrated its cable health monitoring to the offshore wind farm operator RWE. Following their success in RWE’s 2023 innovation competition, over winter 2024-25, Indeximate’s proprietary Scattersphere technology provided continuous health monitoring tracking and analysis of two strings at Arkona offshore wind farm in the Baltic Sea, covering 13 turbines.Indeximate’s technology leverages existing optical fibers that commonly exist in subsea power cables
Fugro Concludes Site Investigations for TenneT’s Offshore Grid Links
Dutch geological data specialist Fugro has completed land and marine site investigations for transmission system operator (TSO) TenneT Germany, to support the development of the LanWin1 and LanWin2 offshore grid connection projects.These projects are part of TenneT Germany’s 2 GW program, a major initiative that aims to connect at least 14 offshore connection systems to the onshore electricity grid, delivering clean energy to up to 35 million European households.The LanWin2 cable route required a range of onshore and nearshore investigation activities to support project development. Fugro’s
Offshore Industry Majors Join Forces for Next-Gen Subsea Flowline Tech
A consortium of offshore energy companies including TotalEnergies, Equinor, Aker BP, DeepOcean, Tenaris, and LS Cable & System has launched a joint industry project to commercialize a new subsea flowline heating technology designed to cut costs and carbon emissions related to deepwater oil and gas subsea tie-back projects.The system, named FlowHeat, aims to lower manufacturing and installation costs by up to 35% and reduce carbon emissions by 30% through separating pipeline and heating installation processes.Subsea tiebacks are key to connecting remote wells to processing facilities, but cold
Vantris Energy Dives Deeper in Saudi Oil Market with Aramco Deal
said the contract is expected to contribute positively to its earnings and net assets over the seven-year period, thereby supporting its financial stability and growth in the region.Rawabi Sapura is a strategic joint venture between Sapura Saudi Arabia Company, a wholly-owned subsidiary of Sapura Offshore, itself an indirect wholly-owned subsidiary of Vantris Energy, and Rawabi Vallianz Offshore Services Company
Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential
Viridien, in partnership with Malaysia Petroleum Management (MPM), a unit of Petronas, is finalizing an integrated geological study aimed at uncovering new exploration opportunities in the underexplored Langkasuka Basin in the Malacca Strait, off the west coast of Malaysia.The insights generated will provide explorers with a competitive advantage by better informing their licensing and investment decisions, according to Viridien.The 38,000 sq km study is scheduled for delivery in November 2025.Multi-disciplinary technical experts from Viridien’s Earth Data team have leveraged the company’s
Another TSO Enlists Njord Survey for Offshore Wind Support Services
Swedish firm Njord Survey has entered into a frame agreement with Energinet, Denmark’s national transmission system operator (TSO), covering site and route survey services for offshore wind and subsea cable projects.The long-term collaboration reinforces Njord Survey’s position as provider of services to the offshore renewable sector.It follows the agreement company signed earlier in October with German TSO 50Hertz to deliver geophysical and ROV seabed survey service in support of offshore wind developments in Baltic Sea.Swedish Firm to Deliver Carbon-Neutral Surveys for Baltic Sea OW
FET Books Two Work-Class ROV Order from Nigerian Oil and Gas Firm
Forum Energy Technologies’ (FET) subsea product line has secured a contract to provide two of its new generation work class remotely operated vehicle (ROV), the XLX EVO III, to Nigerian oil and gas firm Marine Platforms (MPL).The contract win marks the first sale of FET’s XLX EVO III, which is an ultra-heavy-duty ROV.Designed to undertake a broad spectrum of underwater tasks, the 4000 m ROVs will be equipped with larger thrusters for increased through water performance and an improved buoyancy package, facilitating a 350kg payload.They will also boast a new bolted frame, now CNC machined
TGS Nets Offshore Survey Job in Gulf of America
Energy data and intelligence firm TGS has secured an ocean bottom node (OBN) acquisition contract in Gulf of America.The 4D monitor survey for an undisclosed client is scheduled to start in the fourth quarter of 2025.The duration of the acquisition will be approximately four and a half months."The Gulf of America is a core market for our OBN business, and we are very pleased to secure this contract for a repeat IOC customer.“The client values our OBN technology, and in combination with our proven track record of project execution and timely delivery, they are confident we will deliver
DeepOcean Charters Glomar Vessel to Expand O&G, Offshore Wind Services
Ocean services provider DeepOcean has expanded its service offering to the offshore renewables and oil and gas industries by entering into a time charter agreement for the multipurpose support vessel Glomar Supporter.Chartered from Glomar Offshore, the Glomar Supporter vessel will join DeepOcean’s fleet in January 2026 with its first operations planned in EuropeDeepOcean will utilise the Glomar Supporter to enhance its offering in survey, inspection and light IMR (inspection, maintenance and repair) markets to developers and operators of offshore wind farms and in the oil and gas sector.“We
TGS Gets Streamer Acquisition Job off Africa
Energy data and intelligence firm TGS has secured a streamer acquisition contract in Africa.Acquisition is scheduled to commence in the fourth quarter of 2025.The contract, with an undisclosed party, has a duration of approximately 50 days."We are very pleased to secure this work program and look forward to supporting our client’s exploration efforts in the region with our proven technology and expertise."By leveraging the Ramform acquisition platform, coupled with our proprietary GeoStreamer technology we are well equipped to deliver the highest data quality to our client," said
Seaturns Puts Full-Scale Wave Energy Device on First Trials in France
on launch, floatability, onboard access, safety procedures, and operations and maintenance trials on the electrical conversion module. Seaturns also carried out disassembly and reassembly of the module in about two hours, using light equipment and a small team, deemed a key proof point for reducing offshore maintenance costs by the company.The tests demonstrated the feasibility of offshore operations, the relevance of the resources mobilized, and the control of intervention duration, according to Seaturns.The first phase also provided valuable feedback that will help optimize the design and offshore
Seatools to Equip Jan De Nul’s New Subsea Vessel with Fall Pipe ROV
advanced functions such as Auto-Track, allowing both the ROV and the vessel to automatically follow a predefined track during rock installation.Delivery of the FP-ROV system is scheduled for 2027.To remind, Jan de Nul ordered a rock installation vessel, specifically built to strengthen the protection of offshore energy and subsea data infrastructure.The vessel will be the company’s largest rock installation ship to date, with a carrying capacity of 37,000 tonnes. It will be equipped with ultra-low emission technology and engines capable of running on biofuel and green methanol.Jan De Nul Orders Largest
Swedish Firm to Deliver Carbon-Neutral Surveys for Baltic Sea OW Projects
Swedish offshore survey specialist Njord Survey has signed a long-term framework agreement with German transmission system operator (TSO) 50Hertz to support offshore wind development in Baltic Sea.Under the agreement, Njord Survey will deliver geophysical and ROV seabed survey services to support offshore wind development in the Baltic Sea, contributing to the reinforcement of Europe’s future power grid.According to the company, biofuel will be used by all vessels which minimize emissions.“This agreement with 50Hertz reflects our dedication to building lasting client relationships. It
Reach Remote 1 USV Cleared for Fully Remote Operations
from DNV. Reach Remote 1 has already been in full commercial operation, and this permit initiates the final phase towards full certification.This is the first approval of its kind for an USV of this size with integrated Work Class ROV capability, representing a significant milestone for the maritime and offshore industry.October 11, Reach Remote 1 sailed off to continue its work for Shell on the Ormen Lange field, now entirely on its own, marking a historic moment for Reach Subsea and the future of remote-controlled subsea services.“The Reach Remote program is central to our strategy to transform
Nexans Appoints New CEO
French subsea power cable maker and services provider Nexans has appointed Julien Hueber as its new Chief Executive Officer (CEO).Hueber is succeeding Christopher Guérin who has been the CEO of the company for the past seven years, effective immediately.The Appointments & Corporate Governance Committee has conducted a comprehensive process to propose a successor for the role of Chief Executive Officer, in line with its established succession plan approach and with the support of a leading executive search firm.Hueber, a 55-year-old French citizen, is the Executive Managing Director of PWR
United Oil & Gas Signs Up TDI-Brooks for Survey Offshore Jamaica
United Oil & Gas has signed a non-binding memorandum of understanding (MoU) with TDI-Brooks to secure a specialist survey vessel for a campaign offshore Jamaica.The work is related to the planned piston coring and surface geochemical program on the company’s Walton Morant Licence.The campaign forms a key part of United's forward work program under its extended license to January 2028. The survey will involve the collection of 40-60 seabed core samples across the Walton and Morant Basins, accompanied by bathymetric, multibeam echo-sounding and heat-flow surveys.The data will be analyzed
Jan De Nul to Install Export Cables at Taiwan’s Offshore Wind Farm
Belgian marine contractor Jan De Nul has signed a contract with Synera Renewable Energy (SRE) for the installation of export cables on the Taiwanese offshore wind farm Formosa 4.To bring the green energy ashore, Jan De Nul will transport, install and protect 60 kilometers of subsea cables.According to the company, it was also selected as the preferred contractor for export cables on SRE’s wind farm Formosa 6, located 55 kilometers southwest of Formosa 4.Situated 20 kilometers off Miaoli County’s coast, Formosa 4 will feature 35 turbines with a total capacity of 495MW, capable of providing
KOIL Energy to Supply Subsea Equipment for Gulf of America Project
U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a contract to deliver subsea distribution equipment for a project in the Gulf of America.As part of the contract, KOIL Energy will supply six Steel Tube Flying Leads (subsea umbilical) and associated equipment, designed to control the subsea field operated by an international operator.The subsea distribution system will tie in additional wells to the existing infrastructure, the company said, adding that its customer is a Houston-based subsea engineering contractor.The scope of work for this project includes
SeaThor Starts Testing Dynamic Cable Protection System for Floating Wind
Engineering firm SeaThor has started testing its dynamic cable protection system CableSpring, designed for subsea cables that connect floating offshore wind turbines to the grid, at Falmouth Harbour’s test site for offshore renewables FaBTest.CableSpring is a new integrated buoyancy and cable protection system patented by SeaThor for dynamic cable configurations in floating offshore wind, designed to enhance the durability of cables in challenging shallow waters and energetic wave conditions.The testing phase of CableSpring’s research and development is being supported by the University of
ESA, UK Space Agency Back ACUA Ocean’s Subsea Inspection Robotics System
ACUA0’s development of Pioneer-class autonomous uncrewed surface vessel (USV) capabilities to launch and recover (LAR) remotely operated vehicles (ROVs).The ‘nested robotics’ approach - or robots deploying other robots - aims to expand the operational scope of uncrewed systems in offshore energy and subsea inspection.The system will use multiple satellite communications (satcom) solutions along with GNSS to enable Beyond Visual Line of Sight (BVLOS) remote control, positioning, and data transfer for both the USV and the tethered ROV.Network bonding technology will allow PIONEER to
New Mooring Tech Set to Unlock Vast Floating Solar-Hydro Potential
Fred. Olsen 1848 has unveiled the Tension Buoy, an adaptive mooring technology designed to overcome one of the main challenges of deploying floating solar on water bodies with large water level variations.Pairing floating solar with hydropower could unlock hundreds of GWs of renewable capacity worldwide, according to Fred. Olsen 1848, but conventional fixed mooring systems struggle to maintain appropriate line tension when water levels fluctuate. Lines can become too taut or too slack, leading to reduced efficiency, increased maintenance, and operational uncertainty.The Tension Buoy system integrates
AKOFS Offshore Inks $246M Vessel Deal with Petrobras
Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil.Following a competitive tender process, the vessel will continue to perform services as a multi-purpose supply vessel (MPSV) for Petrobras in Brazil under a new contract.The contract has a duration of four years, with operations expected to start in January 2027, following the expiry of the current contract and necessary preparations for the new engagement.The 121-meter-long
New Finance Chief Takes Reins at PXGEO
Marine seismic innovations business PXGEO has appointed Ammar Chattha as its Chief Financial Officer (CFO) to further strengthen the company’s financial leadership and support its next stage of progress.Chattha brings more than a decade of experience working with large corporates advising on financial and operational transformation projects. A qualified Chartered Accountant (ICAEW) and Chartered Financial Analyst (CFA), Chattha joins PXGEO with a strong background in financial consultancy across Europe and Middle East. He succeeds Hans-Peter Burlid, who previously served as Chief Commercial
FET to Deliver Work-Class ROV to DOF for Brazil Ops
Subsea robotics firm Forum Energy Technologies (FET) has secured a contract with long-term client DOF for the delivery of a work-class remotely operated vehicle (ROV) and supporting tether management system.The equipment will support extensive subsea operations in Brazil conducted by DOF, which operates one of the largest fleets of FET XLX ROVs globally.The order is scheduled for delivery in late 2025.The latest generation XLX-C24 ROV system features the advanced ICE Unity Control system and will be delivered with full remote operations capability.“This contract reflects the continued confidence
First Gennaker Offshore Substation Rolls Out of Smulders Yard (Video)
The first of the two planned offshore substations for Skyborn Renewables’ 976.5 MW Gennaker offshore wind farm has been moved out of the construction hall at the Smulders yard in Vlissingen, the Netherlands.OSS Darß is the first of the two platforms being developed by HSI consortium, comprising HSM Offshore Energy, Smulders, and Iv-Offshore & Energy, as part of the contract with German transmission system operator 50Hertz.The consortium is responsible for the engineering, procurement, construction, and installation (EPCI) of the platforms, including jackets, for Gennaker offshore wind
ABL to Support Installation of UK’s Offshore ‘Electricity Superhighway’ Link
Energy and marine consultancy ABL, a subsidiary of ABL Group, has secured a contract by Eastern Green Link 2 (EGL2), to provide marine warranty survey services to support the installation of the 2 GW Eastern Green Link 2 link between Scotland and England.EGL2 is a major UK energy infrastructure project, which involves the installation of a 505-kilometre electricity superhighway to enable the simultaneous transfer of power between Peterhead, Aberdeenshire, and Drax, North Yorkshire.ABL's scope of work includes the technical review and approval of project and procedural documentation, the provision
August 2025
