A new generation of hybrid vessels is demonstrating significant gains in both fuel economy and operational output. For Olympic Subsea’s owner and CEO Stig Remøy, it proves that technology-led efficiency is the fastest path to decarbonization—and a powerful business case.When Stig Remøy began pivoting Olympic Subsea toward subsea and renewables a decade ago
After several years of strong activity, the Middle East offshore market has become more volatile, with geopolitical tensions disrupting day-to-day operations. Following US and Israeli military action and subsequent Iranian attacks on neighbouring Gulf states, operators introduced precautionary measures, including temporary rig suspensions and down-manning in Saudi Arabia, the UAE and Qatar.
Ocean services provider DeepOcean has secured an extension to its existing frame agreement with Equinor for the provision of subsea inspection, maintenance, and repair (IMR) services.As a part of the renewal, DeepOcean will deploy specialized IMR vessels, along with comprehensive subsea services, throughout 2026 and into 2027.
WISTA Norway has named Trygve Nøkleby, Managing Director of the Bergen Shipowners Association, the recipient of the 20th annual WISTA Norway Leadership Award, presented at the Bergen International Shipping Conference on June 10.With the honor, Nøkleby becomes only the second man ever to receive the award which recognizes an individual who has demonstrated outstanding leadership, inspired others