NextGeo
NextGeo provides marine geoscience surveys and offshore construction support services to offshore wind developers, oil and gas EPC contractors, grid operators, and government agencies, using a 15+ vessel DP fleet across the Mediterranean, North Sea, Middle East, and Africa.
- Company typePublic
- Founded2014
- HeadquartersNapoli, Italy
- Headcount101–250
- GTM typeB2B
- OfferingServices
What NextGeo does
NextGeo is a marine geoscience and offshore construction support services company headquartered in Naples, Italy, founded in 2014 as part of the Marnavi Group. The company operates a fleet of more than 15 dynamically positioned (DP) vessels — both owned and chartered from Marnavi — and deploys over 200 specialists across hydrography, geophysics, geotechnics, environmental science, UXO clearance, ROV operations, and offshore construction support. Its service offering covers the full project lifecycle: pre-survey desktop studies, geophysical and geotechnical site investigations, environmental baseline surveys, unexploded ordnance identification and clearance, and offshore construction support including subsea cable and wind farm installation assistance.
NextGeo firmographics
Firmographics- Name
- NextGeo
- Legal name
- NEXT GEOSOLUTIONS EUROPE SpA
- Website
- https://nextgeo.eu
- Company type
- Public
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- NextGeo provides marine geoscience surveys and offshore construction support services to offshore wind developers, oil and gas EPC contractors, grid operators, and government agencies, using a 15+ vessel DP fleet across the Mediterranean, North Sea, Middle East, and Africa.
- Ownership category
- akta.pro rank
NextGeo industry classification
Industry- Product category
- Marine Geoscience & Offshore Construction Support Services
- NAICS
- Geophysical Surveying and Mapping Services (54136)
- SIC
- Oil & Gas Field Exploration Services (1382), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Seismic & Geoscience Services (Acquisition, Processing, Interpretation) (EUALABAK)
- akta.pro secondary industries
- Marine & Offshore Energy O&M (Offshore Wind, Platforms, Subsea Assets) (EUAEAGAO), Underwater Inspection, Maintenance & Repair (UWILD, Diving/ROV, In-water Cleaning) (IMAJAFAJ)
Keywords
Where NextGeo is headquartered
LocationHeadquarters
- HQ city
- Napoli
- HQ country
- Italy
- HQ region
- Europe
Offices4 records
Markets served
NextGeo business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Marine Geoscience Survey Services: NextGeo provides specialized marine geoscience survey services including geophysical surveys, geotechnical investigations, environmental surveys, archaeological investigations, and UXO survey and clearance services. Revenue is generated through project-based contracts with energy sector clients, typically won through competitive tenders. The company offers turnkey solutions covering the entire project lifecycle from concept to decommissioning.
- Offshore Construction Support Services: The company provides offshore construction support services including inspection, repair, maintenance, and installation support for subsea infrastructure. Revenue is generated through direct contracts with energy companies and main contractors like Saipem. Services include ROV operations, SAT diving services, and subsea construction assistance.
- Vessel Charter and Fleet Operations: As part of Marnavi Group, NextGeo operates a fleet of 15+ DP-class vessels providing marine survey and construction support services. The fleet includes MPSV vessels (NG Worker, NG Explorer, Ievoli series), geotechnical drilling vessels (NG Driller), survey vessels (NG Surveyor), and nearshore vessels (ASV NG Coastal, NG Mariner). Revenue is generated through service contracts that include vessel deployment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based survey contracts |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
NextGeo product offering
Product offeringCore offering
NextGeo provides marine geoscience survey services (geophysical, geotechnical, environmental, archaeological, UXO identification and clearance) and offshore construction support services (ROV operations, SAT diving, inspection, repair, maintenance, installation) for energy and infrastructure projects. The company operates a fleet of 15+ DP-class vessels and delivers turnkey solutions covering the entire project lifecycle from concept to decommissioning. Revenue is generated primarily through project-based contracts won via competitive tenders and direct negotiations with tier-1 energy clients.
Product overview
NextGeo is a marine geoscience and offshore construction support services company offering a comprehensive portfolio of vessels, survey technologies, and integrated services. The company operates a fleet of 15 DP-class vessels including owned vessels (NG Supporter, NG Worker, NG Driller, NG Surveyor, NG Explorer, ASV NG Coastal, NG Mariner) and chartered Marnavi fleet (Ievoli Amber, Ievoli Cobalt, Ievoli Ivory, Ievoli Relume, Ievoli Grey). Core services span the entire project lifecycle: Concept (integrated studies and surveys), Into Action (pre-engineering investigations), On Site (construction and installation support), In Service (inspection, repair, maintenance), and Dismission (decommissioning). Specialized capabilities include ROV operations (HSS Fast ROV, Work-Class, Observation Class), geophysical surveys (MBES, SBES, SSS, SBP), geotechnical investigations, UXO survey and clearance, and environmental assessments. Innovation initiatives include NSS2023 (remote marine operations system) and NGR-25 (integrated survey technologies for offshore wind).
Differentiator
Problem solved
Functional benefit
Products and services
- NG Supporter A versatile Offshore Subsea Construction Vessel (OSCV) of approximately 121 meters designed and equipped for subsea operation duties such as construction, installation, inspection, and maintenance, for offshore energy sector clients.
- NG Worker A versatile multi-purpose offshore survey and construction support vessel for marine geoscience and offshore construction support clients.
- NG Driller A DP2 geotechnical survey vessel with 70-ton drilling tower on moonpool for borehole drilling, piston sampling, down-hole and seabed PCPT testing, wireline rock coring, and onboard laboratory analysis up to 1000m depth, for offshore site characterization clients.
- NG Surveyor A 65-meter offshore DP2 survey and ROV vessel providing integrated geoscience survey and construction support services, equipped with full ocean depth multibeam and sub-bottom profiler systems, for offshore energy clients.
- NG Explorer A 58-meter DP2 multi-purpose support vessel providing integrated geoscience survey and construction support services worldwide, for offshore energy clients.
- MPSV Ievoli Fleet Fleet of DP1 and DP2 vessels from Marnavi Group including Ievoli Amber (84m), Ievoli Cobalt (84m), Ievoli Ivory (91m), Ievoli Relume, and Ievoli Grey, providing offshore survey and construction support, for offshore energy sector clients.
- ASV NG Coastal A 10.7m low-draft coastal survey boat with Sea Machine SM300 autonomous command and control system, capable of unmanned Autonomous Surface Vessel (ASV) operations, for nearshore survey clients.
- M/B NG Mariner A 10.35-meter nearshore survey vessel for ROV inspection and oceanographic investigations along Mediterranean coasts, for nearshore marine survey clients.
- ROV Services Comprehensive ROV operations including HSS 'Fast' ROV, Work-Class ROVs, Light Work Class ROVs, Observation Class ROVs, and ROTVs for underwater inspection, survey, and construction support, for offshore energy clients.
- Geophysical Survey Services Marine geophysical survey services using MBES, SBES, SSS, SBP, SPK, MAG/GRAD, Hi-Res 2D/3D Digital Seismic Systems for subsea mapping and characterization, for offshore energy and infrastructure clients.
- Geotechnical Survey Services Marine geotechnical services using vibro-corers, drop corers, PCPTs, grab samplers, and onboard laboratory for geotechnical analysis and site characterization, for offshore energy clients.
- UXO Survey and Clearance Identification and removal of UneXploded Ordnances (UXO) for offshore energy infrastructure projects, supporting safe site access for offshore wind, oil & gas, and subsea cable developments.
- Environmental Survey Services Oceanographic and environmental survey services including marine habitat mapping, ecosystem characterization, and environmental monitoring, for government agencies and offshore energy clients.
- Life Cycle Services Full project lifecycle services spanning Concept (integrated studies and surveys), Into Action (pre-engineering investigations), On Site (construction support), In Service (inspection, repair, maintenance), and Dismission (decommissioning), for offshore energy and infrastructure clients.
- NSS2023 Remote Operations System Integrated proprietary system for remote control and monitoring of marine operations including HSS 'Fast' ROV, Autonomous Survey Vehicle (ASV), on-board Control Room, and shore-based Communication Centre, for offshore energy clients.
- NGR-25 Integrated Survey System Integrated proprietary system for geophysical, geological, and geotechnical investigations in marine environments with focus on offshore wind installations, including drilling rig with automated handling systems and thermal property measurement for subsea cables, for offshore wind clients.
Quantifiable outcome
- Revenue growth of 121% to €148.6 million in FY 2023
- +3 more outcomes
Companies that use NextGeo
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
NextGeo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability10 records
Feature5 records
NextGeo partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, flagship, major and strategic.
- Rana SubseacoreNextGeo acquired 75.4% of Rana Subsea in July 2025 and increased stake to 82.5% by end of April 2026 through €7.25 million transaction from Nettuno Capital. Rana Subsea provides diving and installation services, with recent contract with Saipem for Middle East assignment worth €25-30 million increase.
- SaipemflagshipNon-binding Letter of Intent signed January 15, 2026 for provision of SAT diving services in Middle East region. Operations scheduled to begin Q2 2026 for 36 months with three additional six-month extension options. Total base value approximately $150 million. Also ongoing survey and installation support at Bouri Gas Utilisation project (€70M+ contract).
- Fincantieri / IDS - Ingegneria dei SistemiflagshipStrategic collaboration for development of Unmanned Surface Vehicles (USVs) and related technologies for civil applications in Oil & Gas and Renewable Energy sectors. Partnership focuses on evolving IDS's SAND (Surface Advanced Naval Drone) project and developing new USV models optimized for open-sea operations. New vehicles will be used by NextGeo before entering international market. Signed October 29, 2025.
- TenneTmajorTenneT awarded NextGeo a €9 million survey contract for offshore wind grid connection work in the North Sea, Netherlands. Project includes geophysical and geotechnical surveys for the Nederwiek 3 offshore wind connection supporting design and installation of infrastructure.
- TernamajorTerna, Italy's national grid operator, awarded NextGeo a contract worth over €28 million for preliminary marine survey and environmental characterization for new HVDC interconnector linking Lazio and Lombardy (280km marine route). NextGeo leads temporary consortium (RTC) with ~84% stake alongside CONISMA, Poliservizi, and CIBM.
- KystdesignstrategicPartnership with Kystdesign to launch high-speed survey ROV for depths up to 3,000 meters, enhancing NextGeo's underwater survey capabilities for offshore operations.
Scale indicators12 records
Recent moves7 records
Expansion highlights6 records
NextGeo competitors and assessment
Company assessmentBroad incumbents
- Saipem: Saipem is a major integrated offshore EPCI contractor that operates both as NextGeo's largest client (€70M+ BGUP and ~$150M LOI) and an adjacent competitor in subsea construction and survey. Comparable as a broader offshore services incumbent with overlapping subsea installation capabilities.
- Boskalis: Boskalis is a large Dutch offshore services contractor active in subsea cables, offshore wind foundations, and marine survey through its subsidiary Boskalis Subsea Cables. Comparable to NextGeo in offshore wind cable route survey and subsea installation support across the North Sea.
- Subsea7: Subsea7 is a global leader in subsea engineering, construction, and services to the offshore energy industry with its own fleet of subsea construction vessels. Competes with NextGeo's offshore construction support and ROV operations as a broader, larger-scale incumbent in subsea services.
Direct peers
- Fugro: Fugro is the global leader in marine site characterization and offshore geotechnical/geophysical surveys, with particular strength in offshore wind farm surveys. NextGeo's former Offshore Wind Strategy Director Frank Koopman joined from Fugro, and the two compete directly for offshore wind and cable route survey contracts in the North Sea and Mediterranean.
- TGS: TGS is a leading global provider of multi-client geoscience data and marine seismic surveys for oil & gas and increasingly offshore wind. Comparable to NextGeo in marine geophysical acquisition services and geoscience data licensing to the offshore energy sector.
- PGS (Petroleum Geo-Services): PGS operates a global marine seismic acquisition fleet and provides geophysical data services to oil & gas and offshore energy markets. Direct competitor in marine seismic/geophysical survey capabilities that NextGeo delivers through its DP-class vessels.
- Shearwater GeoServices: Shearwater provides marine geophysical acquisition and processing services with a fleet of seismic vessels, including geophysical surveys for offshore wind and oil & gas. Competes with NextGeo's marine geoscience survey offering, particularly for offshore wind site characterization.
- DOF Subsea: DOF Subsea operates a global fleet of OSVs and ROVs providing subsea IMR (inspection, maintenance, repair), construction support, and survey services to offshore energy markets. Comparable to NextGeo in subsea IMR, ROV operations, and offshore construction support.
- CGG (Compagnie Générale de Géophysique): CGG is a global geoscience company providing geological, geophysical, and reservoir characterization services with marine seismic acquisition capabilities. Comparable in geoscience data acquisition and interpretation for offshore energy exploration and development.
Emerging players
- RPS Group (Tetra Tech): RPS Group, now part of Tetra Tech, provides offshore survey, environmental, and consulting services with strong presence in offshore wind site characterization and environmental impact assessment. Comparable to NextGeo in survey and environmental services supporting offshore wind developers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
NextGeo social profiles
Digital presenceNextGeo compliance and trust
Trust signalCompliance4 records
NextGeo financial estimates
Financial estimateRevenue estimate
Valuation estimate
NextGeo leadership team
Management profileNumber of profiles
Profiles19 records
NextGeo subsidiaries and ownership
Company hierarchySubsidiaries2 records
NextGeo funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NextGeo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NextGeo
What does NextGeo do?
NextGeo provides marine geoscience survey services (geophysical, geotechnical, environmental, archaeological, UXO identification and clearance) and offshore construction support services (ROV operations, SAT diving, inspection, repair, maintenance, installation) for energy and infrastructure projects. The company operates a fleet of 15+ DP-class vessels and delivers turnkey solutions covering the entire project lifecycle from concept to decommissioning. Revenue is generated primarily through project-based contracts won via competitive tenders and direct negotiations with tier-1 energy clients.
Is NextGeo a public or private company?
NextGeo is a public company. It is classified as public and is currently operating.
When was NextGeo founded?
NextGeo was founded in 2014. It employs 101 to 250 people.
Where is NextGeo based?
NextGeo is headquartered in Napoli, Italy, in the Europe region.
How does NextGeo make money?
Three revenue lines are on record. Marine Geoscience Survey Services are the primary driver. The others are offshore Construction Support Services and vessel Charter and Fleet Operations.
Who are NextGeo's main competitors?
Broad incumbents on record are Saipem, Boskalis and Subsea7. Direct peers are Fugro, TGS, PGS (Petroleum Geo-Services), Shearwater GeoServices, DOF Subsea and CGG (Compagnie Générale de Géophysique). RPS Group (Tetra Tech) is listed as an emerging player.
Does NextGeo have an API?
No public API is recorded for NextGeo.
What industry is NextGeo in?
NextGeo's product category is Marine Geoscience & Offshore Construction Support Services. Its primary akta.pro industry code is EUALABAK, Seismic & Geoscience Services (Acquisition, Processing, Interpretation), with a secondary code of EUAEAGAO, Marine & Offshore Energy O&M (Offshore Wind, Platforms, Subsea Assets). Its NAICS code is 54136 and its SIC code is 1382.