The EIB loan will support up to 25 second-generation survey vessels, remote sensing and underwater robotics, while a separate agreement extends €500 million in existing debt facilities to December 2031.
NextGeo will open a new office in Bremen, Germany, by the end of 2026, focusing on subsea infrastructure, geoscience, ocean technology and advanced underwater technologies.
The ACCC has moved Saipem and Subsea7’s proposed merger to a Phase 2 review, citing possible competition concerns in subsea infrastructure services for Australian offshore oil and gas projects.
Vår Energi has submitted a revised plan for the Goliat Gas Export project, backing a $360 million Barents Sea investment to extend field life and enable future subsea developments.
A Russian naval support ship was reported near UK offshore wind farm areas and subsea infrastructure in the English Channel, adding to security concerns around North Sea energy assets.
McDermott will lead definition engineering for QatarEnergy’s first major offshore decommissioning project, developing a framework and studies to retire 27 platforms and associated subsea infrastructure.
McDermott announces completion of offshore transportation and installation of subsea infrastructure for the FaS pipelay and heavy lift project offshore Sarawak, recording more than one million safe work hours.
Allseas will install the 150 km, 24-inch Rome Pipeline for Shell and Chevron’s joint venture, enhancing oil transport capacity and efficiency in the U.S. Gulf.
Fincantieri unveils DEEP, a dual-use integrated underwater drone system combining AUVs, sensors, and AI to protect and monitor critical subsea infrastructure.
