Oceaneering looking at up to $90M in revenue thanks to contract with ExxonMobil in Angola

(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has secured a contract with an affiliate of U.S. energy major ExxonMobil to provide remotely operated vehicle (ROV) services and integrated solutions at an offshore block in Angola. Oceaneering Angola and Oceaneering Marine Technologies have been awarded a contract by Esso Exploration Angola (Block 15)... Continue Reading →

Petrobras Awards Fugro Four Multi-Year Contracts

Petrobras has announced tender results awarding Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil.  The contracts, once signed, will commence in the fourth quarter of 2025 and span four years with potential one-year extensions. Each of the four day-rate contracts is assigned to a dedicated vessel—two operated... Continue Reading →

Oceaneering ‘outperforms expectations’ so far in 2025 thanks to ‘resilient ROV use and strong vessel activity’

(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has achieved a revenue of $675 million in the first quarter of 2025, a 13% increase year over year, outperforming expectations due to “resilient utilization of remotely operated vehicles (ROVs) and strong vessel activity”. For Q1 2025, Oceaneering reported an operating income of $73.5 million, a... Continue Reading →

Chouest Group Bolsters its Subsea Robotics, Acquires Kystdesign

The Chouest Group said it has acquired Kystdesign, a manufacturer of remotely operated vehicle (ROV) systems. "We are thrilled to welcome Kystdesign and its talented team into the Chouest family," said Dino Chouest. "By joining forces, we will continue delivering cutting-edge ROV systems and advancing the evolution of next-generation underwater robotics.” This acquisition strengthens Chouest’s... Continue Reading →

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