EnerMech Gets LLOG’s Gulf of America Pre-Commissioning Job
Energy industry services firm EnerMech has secured a contract from oil company LLOG for pre-commissioning services at the Salamanca platform in the Gulf of America.The contract covers hydrotesting and nitrogen dewatering of three 8-inch infield flowlines, one 16-inch oil export pipeline and one 10-inch gas export pipeline. The contract award follows a previous contract in for topside pre-commissioning services which EnerMech secured in 2024.The Salamanca Floating Production Unit (FPU) will operate at a depth of approximately 6,400 feet of water with production from the Leon and Castille fields.With an
Fugro Cuts More Jobs, Shifts Focus to Different Business Segments
;We expect ongoing impacts of these market uncertainties into the second quarter. Our immediate priority is the continued implementation of measures to safeguard profitability and cash flow," group CEO Mark Heine said in a statement.Fugro, which provides geotechnical, survey, subsea and geosciences services, reported first-quarter earnings growth of 0.2% before interest, taxes (EBIT) margin, while analysts had expected 5.8%, according to a company-compiled consensus prior to the profit warning.The group, however, maintained its annual EBIT margin target of 11% to 15%, as it cuts costs and redeploys
CSignum Secures £6M to Advance Underwater Wireless Networks
. Key applications for EM-2 systems include water quality and environmental monitoring, wireless under-ship monitoring, and security applications for critical underwater infrastructure such as offshore wind turbines and oil and gas platforms. The company also offers CSignum Cloud, providing data services to complement its wireless systems. The company’s dashboard and analytics are successfully deployed on several river water quality monitoring projects. The underwater communications market is expected to double in size from $5.1B in 2024 to $10.2B by 2032.The funding will be directed
PXGEO Names New CEO
Marine geophysical services company PXGEO has appointed Charles ‘Chuck’ Davison, Jnr. as Executive Chairman and Chief Executive Officer (CEO), effective immediately.Davidson will also continue to serve as EnerMech’s CEO, which shares the same shareholder as PXGEO.The strategic leadership transition at PXGEO marks the beginning of a new chapter for the four-year old company, as it builds on its foundations delivering subsea technology for the global energy sector and prepares for its next phase of growth.Davison brings more than 30 years of experience, with previous roles including
NUWC Division Newport: $2 Billion Impact on Economy in 2024
and 36% holding an advanced degree. The average government civilian salary is $122,000, according to the report.Of the approximately $1.2 billion spent on contracts, small business obligations accounted for about $356 million. Roughly 95% of Division Newport's contract obligations paid for new services in Rhode Island, and 94% percent of fiscal year 2024 contracts were competitively awarded. The fiscal year ran from Oct. 1, 2023, to Sept. 30, 2024.Academic and intellectual outreach in 2024 included 12 science, technology, engineering and math (STEM) programs and 31 educational partnerships that
Kim Heng’s Rebuilt Geotechnical Survey Vessel Sets Sail
Singapore's offshore services firm Kim Heng has held a christening ceremony for the Bridgewater Discovery, a DP2 geotechnical survey vessel, rebuilt in 2024.With the Bridgewater Discovery vessel, Kim Heng has marked another milestone in its expansion into the renewable business sector.The Bridgewater Discovery is a result of the collaboration between Kim Heng and Soiltech Engineering Co Ltd Korea (STE).Together, the companies aim to provide comprehensive offshore geotechnical investigation services, leveraging STE's 26 years of local experience in soil investigation works.“With the
Sea Vorian Expands SEA360 Fleet with Teledyne Gavia AUV
modules. These technologies will enable Sea360 to perform geophysical survey missions, underwater inspections, and environmental monitoring at depths of up to 1,000 meters.This acquisition aligns with Sea Vorian’s goal to establish SEA360 as a leading name in European commercial undersea surveying services. By integrating autonomous systems, SEA360 is advancing unmanned technologies in the ocean surveying and inspection market.With a strong expertise in marine data collection and analysis, SEA360 provides high-quality marine data services through autonomous underwater technologies as well as conventional
ErectorCraft Launches First 3D-Printing Boat Hull Firm in US
dedicated to the commercial production of 3D-printed boat hulls.Leveraging large-format additive manufacturing (LFAM), ErectorCraft offers a smarter, more adaptive solution to complement and enhance traditional boatbuilding methods.Beyond its flagship 3D-printed hulls, ErectorCraft delivers a range of services designed to drive marine manufacturing forward.These include the sale and integration of ErectorBot LFAM HDPE systems, specialized engineering and production optimization, and the deployment of 3D concrete printing (3DCP) technologies for marine construction applications.ErectorCraft also provides
Fugro Cuts Jobs and Scales Back US Operations
Fugro on Tuesday said it started reducing its U.S. workforce and scaling back operations there after warning its sales and earnings would miss earlier forecasts because of volatile markets and lack of new U.S offshore wind projects.The company, which provides geotechnical, survey, subsea and geosciences services, said it has already divested assets and cut more than 100 jobs in the United States because of deteriorating market environment, group CEO Mark Heine told reporters."The shift in the U.S. political landscape has led to a pause in new offshore wind projects. Furthermore, the highly volatile
February 2025
