Industry Briefing

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Next Geosolutions and Rana Subsea Integrate Contracts Under the Bouri Gas Utilization Project with Saipem

Next Geosolutions and Rana Subsea Integrate Contracts Under the Bouri Gas Utilization Project with Saipem

Next Geosolutions (NextGeo), a prominent international company specializing in marine geoscience and offshore construction support services for the energy sector, has announced a significant update regarding its contracts with Saipem S.p.A. These contracts, originally awarded for the Bouri Gas Utilisation (BGUP) project in North Africa and valued at over €70 million, have undergone a contractual amendment. The changes reflect ongoing developments in the project, although specific details regarding the nature of the amendments have not been disclosed. This adjustment highlights the dynamic nature of offshore energy projects and the need for flexibility in contractual agreements within the sector.

next geosolutions rana subsea contracts bouri gas utilization project saipem
Saipem’s Subsea Drone Clears Tests with Petrobras Ahead of Offshore Deployment

Saipem’s Subsea Drone Clears Tests with Petrobras Ahead of Offshore Deployment

Saipem's advanced underwater inspection drone, FlatFish, has successfully completed a significant milestone in its contract with Petrobras, awarded in 2023. The recent Functional Acceptance Tests were conducted in a controlled environment to ensure that the drone meets the technical and operational standards required for its autonomous robotic solution. These tests focused on verifying mission autonomy and data quality, essential components before the drone's deployment in the field. This achievement marks a critical step in the development and testing process, demonstrating Saipem's commitment to delivering innovative underwater inspection technology.

saipem subsea drone tests petrobras offshore deployment flatfish
Saipem to Supply the Hydrone-W Underwater ROV to ISPRA's New Oceanographic Vessel

Saipem to Supply the Hydrone-W Underwater ROV to ISPRA's New Oceanographic Vessel

Saipem has secured a contract with T. Mariotti shipyard in Genoa to provide the Hydrone-W remotely operated underwater vehicle (ROV). This advanced technology will be utilized on ISPRA's new oceanographic vessel, Arcadia. The collaboration aims to enhance marine research capabilities and environmental monitoring efforts. The deployment of the Hydrone-W ROV is expected to significantly contribute to the operational efficiency of the Arcadia, facilitating a range of underwater exploration and data collection tasks.

saipem hydrone-w rov ispra oceanographic vessel
Saipem’s underwater drone Hydrone-R performs autonomous mission in the Arctic coral area in Norway

Saipem’s underwater drone Hydrone-R performs autonomous mission in the Arctic coral area in Norway

Saipem's innovative underwater intervention drone, Hydrone-R, has successfully completed an autonomous survey mission in the Arctic coral region of Njord, Norway. This groundbreaking operation, which took place recently, marked a significant advancement in underwater robotics as the drone operated independently, without the need for cables or surface support. The mission aims to enhance the understanding and protection of marine ecosystems, highlighting the potential of advanced technology in environmental conservation efforts.

saipem’s hydrone-r autonomous mission
Next Geosolutions, Through its Subsidiary Rana Subsea, Signs LOI with Saipem for the Provision of “SAT Diving” Services in the Middle East

Next Geosolutions, Through its Subsidiary Rana Subsea, Signs LOI with Saipem for the Provision of “SAT Diving” Services in the Middle East

A significant agreement valued at approximately $150 million has been established, with a planned duration of 36 months. This contract aims to enhance collaboration and development in the relevant sector, reflecting a strategic move by the involved parties to strengthen their operational capabilities. The initiative is expected to yield substantial benefits over the course of its execution, contributing to advancements in technology and service delivery. The agreement underscores a commitment to long-term partnership and innovation, positioning the stakeholders for future growth and success.

nextgeo
Saipem Successfully Completes Pipeline Installation for Equinor's Irpa Project in the Norwegian Sea

Saipem Successfully Completes Pipeline Installation for Equinor's Irpa Project in the Norwegian Sea

Saipem has announced the successful installation of a subsea pipeline for the Irpa project, which is being developed by Equinor in the Norwegian Sea. The offshore operations were executed using the Castorone, a flagship pipelay vessel operated by Saipem. This milestone marks a significant advancement in the project's development, contributing to the growing energy infrastructure in the region. The completion of the pipeline installation underscores Saipem's expertise in subsea engineering and its commitment to supporting major energy projects.

saipem pipeline installation equinor irpa project norwegian sea
Saipem's All-electric Underwater Drone at the OMC Exhibition in Ravenna

Saipem's All-electric Underwater Drone at the OMC Exhibition in Ravenna

Saipem showcased its all-electric underwater drone, Hydrone-W, at the OMC - MED Energy Conference & Exhibition in Ravenna, a premier energy event in the Mediterranean region. The event took place from April 8 to 10, 2025, attracting numerous visitors. Hydrone-W, measuring approximately 3 meters in length, nearly 2 meters in width, and 1.9 meters in height, weighs 4.2 tons and was prominently displayed on a raised platform at the main entrance of the outdoor exhibition area. This strategic positioning allowed attendees to view the innovative technology throughout the duration of the conference, highlighting Saipem's commitment to advancing sustainable energy solutions.

saipem all-electric underwater drone omc exhibition
Saipem and Subsea7 Unveil Merger Plan

Saipem and Subsea7 Unveil Merger Plan

Saipem and Subsea7 have announced that they have reached an agreement in principle regarding the key terms of a potential merger, formalized through a memorandum of understanding signed today. This Proposed Combination aims to establish a global leader in the energy services sector. The collaboration is seen as a strategic move to enhance competitiveness and innovation in the rapidly evolving energy market.

saipem subsea7 merger
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