Developer docs
API playgroundTry for free, no card

Search company profiles

DOF Subsea

Full company profile

uuid000iplw

Namestring
DOF Subsea
Legal namestring
DOF Group ASA
Websiteurl
dofsubsea.com
Company typeenum
Public
Founded yearint
1981
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersBergen, Norway
HQ citystring
Bergen
HQ countrystring
Norway
HQ regionstring
Europe
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
subsea engineering services, offshore support vessels, marine management services, subsea IMR construction, floating wind services
Industry4 codes
1Subsea Services & Equipment (Subsea Trees, Umbilicals, Installation, IMR)
CodeEUALABAIPrimaryYes
2Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters)
CodeEUALABAJPrimaryNo
3Marine & Offshore Energy O&M (Offshore Wind, Platforms, Subsea Assets)
CodeEUAEAGAOPrimaryNo
4Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS)
CodeTLADABALPrimaryNo
NAICS code3 codes
  • Support Activities for Water Transportation4883
  • Other Support Activities for Water Transportation48839
  • Ship Building and Repairing336611
SIC code4 codes
  • Oil & Gas Field Services, Nec1389
  • Oil & Gas Field Machinery & Equipment3533
  • Ship & Boat Building & Repairing3730
  • Water Transportation4400
Product category
Offshore Subsea Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Subsea Services
TypeSubscription Recurring
Description

Integrated subsea services including IRM (Inspection, Maintenance, Repair) and light construction services for offshore energy producers. Revenue generated through long-term contracts and project-based work.

dof.com
2Marine Management
TypeProfessional Services
Description

Ship management services providing knowledge and experience to operate, maintain, and utilise offshore support vessels. Setting the standard in ship management since 1981.

dof.com
3Renewables Services
TypeProfessional Services
Description

Floating wind and renewable energy services advancing offshore renewable energy development.

dof.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Infrastructure, Personnel, Operations, Supply Chain
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

DOF Subsea provides integrated offshore services to global offshore energy producers, delivered through a modern fleet of purpose-built Offshore Support Vessels (OSVs) and subsea assets. Its offering spans Inspection, Maintenance, Repair (IMR) and light construction subsea services, ship and marine management, and floating wind / renewable energy services. Operations are conducted via wholly-owned subsidiaries including DOF Subsea AS, Norskan Offshore Ltda, DOF Rederi AS, DOF Management AS, DOF Denmark A/S, and DOF Subsea UK.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Fleet utilization rate of 83% in Q1 2026
+1 more record
Product overview1 text field

DOF Subsea is a fully integrated offshore company offering a unified portfolio of subsea and marine services. The core offering consists of Integrated Subsea Services (IRM and light construction), Marine Management (ship management since 1981), and Renewables (floating wind services). These services are delivered through the company's modern fleet of purpose-built Offshore Support Vessels (OSVs) and subsea assets, enabling offshore energy producers to access comprehensive offshore operations from a single company.

Product and service4 records
1Integrated Subsea Services
CategorySubsea IMR and Light Construction
Description

Integrated IMR (Inspection, Maintenance, Repair) and light construction subsea services delivered by a global team of subsea engineering and marine services professionals for offshore energy producers, with the objective of reducing project risk, increasing efficiency, and improving safety performance.

2Marine Management
CategoryMarine / Ship Management
Description

Ship management services that operate, maintain, and utilise offshore support vessels (OSVs), setting the standard in ship management since 1981.

3Renewables
CategoryOffshore Renewables
Description

Floating wind and subsea services supporting the advancement of renewable energy infrastructure, including services for offshore wind developments.

4Fleet & Equipment
CategoryOffshore Support Vessels and Subsea Assets
Description

Modern, purpose-built Offshore Support Vessels (OSVs) and subsea assets made available for charter and operations in support of offshore energy and subsea projects, with reported average fleet utilisation of 83% in Q1 2026.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-17
Description

DOF Subsea UK has been contracted as one of five specialist subsea companies to deliver upgrades to SSEN Distribution's subsea cable network. The £950 million investment will upgrade 113 subsea electricity cables serving 60 Scottish islands, expected to create over 3,500 fixed-term green jobs over eight years.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-02-17
Description

One of five contract partner companies contracted alongside DOF Subsea UK for the SSEN Distribution subsea cable network upgrade project.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-02-17
Description

One of five contract partner companies contracted alongside DOF Subsea UK for the SSEN Distribution subsea cable network upgrade project.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-02-17
Description

One of five contract partner companies contracted alongside DOF Subsea UK for the SSEN Distribution subsea cable network upgrade project.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-02-17
Description

One of five contract partner companies contracted alongside DOF Subsea UK for the SSEN Distribution subsea cable network upgrade project.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

TechnipFMC is a larger integrated subsea-to-surface provider with subsea trees, umbilicals, controls, and SURF capabilities. Overlaps with DOF in subsea construction and installation but operates a much broader portfolio across both subsea and surface/onshore.

TypeBroad incumbent
Description

Saipem is a major Italian offshore EPCI contractor with offshore drilling, SURF, and subsea services. Competes with DOF on integrated subsea and offshore construction projects but with a significantly larger and more diversified portfolio.

TypeDirect peer
Description

Fugro provides geotechnical, survey, and subsea services to offshore energy, renewables, and infrastructure markets. Overlaps with DOF in offshore site characterization, ROV-based inspection, and seabed services, and is cited as a peer in the underwater drones space.

TypeDirect peer
Description

Helix provides subsea well intervention, ROV operations, and offshore vessel-based services to the oil & gas sector. Competes directly with DOF in subsea IMR, intervention, and chartering of specialized subsea vessels.

TypeDirect peer
Description

Tidewater is one of the world's largest operators of offshore support vessels (PSVs, AHTS), serving the same global offshore energy customer base as DOF. Direct competitor in OSV chartering and offshore marine services.

TypeDirect peer
Description

Oceaneering is a leading provider of ROV operations, subsea intervention, tooling, and offshore personnel services. Competes head-to-head with DOF in subsea robotics and IMR, and is referenced as a peer in the underwater drones / ROV market.

TypeDirect peer
Description

Bourbon is a French offshore marine services provider operating a large fleet of OSVs (PSVs, AHTS) serving oil & gas clients in West Africa, Europe, and Asia. Competes with DOF on vessel-based offshore marine services globally.

TypeDirect peer
Description

Subsea 7 is the largest dedicated subsea contractor globally, offering SURF (subsea umbilicals, risers, flowlines), IMR, and light construction services to offshore oil & gas. Direct competitor to DOF Subsea's integrated subsea services and OSV-based operations.

TypeBroad incumbent
Description

McDermott provides offshore EPCI services for subsea, SURF, and fixed/floating facilities. Overlaps with DOF's light construction and subsea installation work but with a larger integrated EPC scope and stronger Middle East and Gulf of Mexico presence.

TypeEmerging player
Description

Kongsberg Maritime supplies subsea robotics, AUV/ROV systems, and marine technology that compete with parts of DOF's subsea equipment stack. Listed alongside DOF as a peer in the underwater drones market, though primarily a technology/equipment supplier rather than service operator.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries6 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

DOF Subsea

Offshore Subsea Servicesdofsubsea.com

DOF Subsea firmographics

Firmographics
Name
DOF Subsea
Legal name
DOF Group ASA
Website
https://dofsubsea.com
Company type
Public
Founded year
1981
Operating status
Operating
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

DOF Subsea industry classification

Industry
Product category
Offshore Subsea Services
NAICS
Support Activities for Water Transportation (4883), Other Support Activities for Water Transportation (48839), Ship Building and Repairing (336611)
SIC
Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533), Ship & Boat Building & Repairing (3730), Water Transportation (4400)
akta.pro primary industry
Subsea Services & Equipment (Subsea Trees, Umbilicals, Installation, IMR) (EUALABAI)
akta.pro secondary industries
Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ), Marine & Offshore Energy O&M (Offshore Wind, Platforms, Subsea Assets) (EUAEAGAO), Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)

Keywords

  • Subsea engineering services
  • Offshore support vessels
  • Marine management services
  • Subsea IMR construction
  • Floating wind services

Where DOF Subsea is headquartered

Location

Headquarters

HQ city
Bergen
HQ country
Norway
HQ region
Europe

Offices5 records

Markets served

DOF Subsea business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Infrastructure, Personnel, Operations, Supply Chain

Revenue model

  1. Subsea Services: Integrated subsea services including IRM (Inspection, Maintenance, Repair) and light construction services for offshore energy producers. Revenue generated through long-term contracts and project-based work.
  2. Marine Management: Ship management services providing knowledge and experience to operate, maintain, and utilise offshore support vessels. Setting the standard in ship management since 1981.
  3. Renewables Services: Floating wind and renewable energy services advancing offshore renewable energy development.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

DOF Subsea product offering

Product offering

Core offering

DOF Subsea provides integrated offshore services to global offshore energy producers, delivered through a modern fleet of purpose-built Offshore Support Vessels (OSVs) and subsea assets. Its offering spans Inspection, Maintenance, Repair (IMR) and light construction subsea services, ship and marine management, and floating wind / renewable energy services. Operations are conducted via wholly-owned subsidiaries including DOF Subsea AS, Norskan Offshore Ltda, DOF Rederi AS, DOF Management AS, DOF Denmark A/S, and DOF Subsea UK.

Product overview

DOF Subsea is a fully integrated offshore company offering a unified portfolio of subsea and marine services. The core offering consists of Integrated Subsea Services (IRM and light construction), Marine Management (ship management since 1981), and Renewables (floating wind services). These services are delivered through the company's modern fleet of purpose-built Offshore Support Vessels (OSVs) and subsea assets, enabling offshore energy producers to access comprehensive offshore operations from a single company.

Differentiator

Problem solved

Functional benefit

Products and services

  • Integrated Subsea Services Integrated IMR (Inspection, Maintenance, Repair) and light construction subsea services delivered by a global team of subsea engineering and marine services professionals for offshore energy producers, with the objective of reducing project risk, increasing efficiency, and improving safety performance.
  • Marine Management Ship management services that operate, maintain, and utilise offshore support vessels (OSVs), setting the standard in ship management since 1981.
  • Renewables Floating wind and subsea services supporting the advancement of renewable energy infrastructure, including services for offshore wind developments.
  • Fleet & Equipment Modern, purpose-built Offshore Support Vessels (OSVs) and subsea assets made available for charter and operations in support of offshore energy and subsea projects, with reported average fleet utilisation of 83% in Q1 2026.

Quantifiable outcome

  • Fleet utilization rate of 83% in Q1 2026
  • +1 more outcomes

Companies that use DOF Subsea

Customer profile

Named customers2 records

Segments2 records

Ideal customer profiles2 records

DOF Subsea technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

DOF Subsea partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • SSEN DistributioncoreStrategic or Co-development Partner · 17 February 2026DOF Subsea UK has been contracted as one of five specialist subsea companies to deliver upgrades to SSEN Distribution's subsea cable network. The £950 million investment will upgrade 113 subsea electricity cables serving 60 Scottish islands, expected to create over 3,500 fixed-term green jobs over eight years.
  • Briggs MarineminorStrategic or Co-development Partner · 17 February 2026One of five contract partner companies contracted alongside DOF Subsea UK for the SSEN Distribution subsea cable network upgrade project.
  • N-SeaminorStrategic or Co-development Partner · 17 February 2026One of five contract partner companies contracted alongside DOF Subsea UK for the SSEN Distribution subsea cable network upgrade project.
  • Enshore SubseaminorStrategic or Co-development Partner · 17 February 2026One of five contract partner companies contracted alongside DOF Subsea UK for the SSEN Distribution subsea cable network upgrade project.
  • Jan De NulminorStrategic or Co-development Partner · 17 February 2026One of five contract partner companies contracted alongside DOF Subsea UK for the SSEN Distribution subsea cable network upgrade project.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

DOF Subsea competitors and assessment

Company assessment

Broad incumbents

  • TechnipFMC: TechnipFMC is a larger integrated subsea-to-surface provider with subsea trees, umbilicals, controls, and SURF capabilities. Overlaps with DOF in subsea construction and installation but operates a much broader portfolio across both subsea and surface/onshore.
  • Saipem: Saipem is a major Italian offshore EPCI contractor with offshore drilling, SURF, and subsea services. Competes with DOF on integrated subsea and offshore construction projects but with a significantly larger and more diversified portfolio.
  • McDermott International: McDermott provides offshore EPCI services for subsea, SURF, and fixed/floating facilities. Overlaps with DOF's light construction and subsea installation work but with a larger integrated EPC scope and stronger Middle East and Gulf of Mexico presence.

Direct peers

  • Fugro: Fugro provides geotechnical, survey, and subsea services to offshore energy, renewables, and infrastructure markets. Overlaps with DOF in offshore site characterization, ROV-based inspection, and seabed services, and is cited as a peer in the underwater drones space.
  • Helix Energy Solutions: Helix provides subsea well intervention, ROV operations, and offshore vessel-based services to the oil & gas sector. Competes directly with DOF in subsea IMR, intervention, and chartering of specialized subsea vessels.
  • Tidewater: Tidewater is one of the world's largest operators of offshore support vessels (PSVs, AHTS), serving the same global offshore energy customer base as DOF. Direct competitor in OSV chartering and offshore marine services.
  • Oceaneering International: Oceaneering is a leading provider of ROV operations, subsea intervention, tooling, and offshore personnel services. Competes head-to-head with DOF in subsea robotics and IMR, and is referenced as a peer in the underwater drones / ROV market.
  • Bourbon (offshore): Bourbon is a French offshore marine services provider operating a large fleet of OSVs (PSVs, AHTS) serving oil & gas clients in West Africa, Europe, and Asia. Competes with DOF on vessel-based offshore marine services globally.
  • Subsea 7: Subsea 7 is the largest dedicated subsea contractor globally, offering SURF (subsea umbilicals, risers, flowlines), IMR, and light construction services to offshore oil & gas. Direct competitor to DOF Subsea's integrated subsea services and OSV-based operations.

Emerging players

  • Kongsberg Maritime: Kongsberg Maritime supplies subsea robotics, AUV/ROV systems, and marine technology that compete with parts of DOF's subsea equipment stack. Listed alongside DOF as a peer in the underwater drones market, though primarily a technology/equipment supplier rather than service operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

DOF Subsea social profiles

Digital presence

DOF Subsea financial estimates

Financial estimate

Revenue estimate

Valuation estimate

DOF Subsea leadership team

Management profile

Number of profiles

DOF Subsea subsidiaries and ownership

Company hierarchy

Subsidiaries6 records

DOF Subsea funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

DOF Subsea M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DOF Subsea

What does DOF Subsea do?

DOF Subsea provides integrated offshore services to global offshore energy producers, delivered through a modern fleet of purpose-built Offshore Support Vessels (OSVs) and subsea assets. Its offering spans Inspection, Maintenance, Repair (IMR) and light construction subsea services, ship and marine management, and floating wind / renewable energy services. Operations are conducted via wholly-owned subsidiaries including DOF Subsea AS, Norskan Offshore Ltda, DOF Rederi AS, DOF Management AS, DOF Denmark A/S, and DOF Subsea UK.

Is DOF Subsea a public or private company?

DOF Subsea is a public company. It is classified as public and is currently operating.

When was DOF Subsea founded?

DOF Subsea was founded in 1981. It employs 1,001 to 5,000 people.

Where is DOF Subsea based?

DOF Subsea is headquartered in Bergen, Norway, in the Europe region.

How does DOF Subsea make money?

Three revenue lines are on record. Subsea Services are the primary driver. The others are marine Management and renewables Services.

Who are DOF Subsea's main competitors?

Broad incumbents on record are TechnipFMC, Saipem and McDermott International. Direct peers are Fugro, Helix Energy Solutions, Tidewater, Oceaneering International, Bourbon (offshore) and Subsea 7. Kongsberg Maritime is listed as an emerging player.

Does DOF Subsea have an API?

No public API is recorded for DOF Subsea.

What industry is DOF Subsea in?

DOF Subsea's product category is Offshore Subsea Services. Its primary akta.pro industry code is EUALABAI, Subsea Services & Equipment (Subsea Trees, Umbilicals, Installation, IMR), with a secondary code of EUALABAJ, Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters). Its NAICS code is 4883 and its SIC code is 1389.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
Upstream OnlineDOF Subsea wins prized contract extensions with Petrobras | UpstreamNorwegian services company DOF Subsea has secured long-term contract extensions with Petrobras for two flexible pipelaying support vessels, Skandi Buzios and Skandi Recife, operating offshore Brazil. The extensions are estimated to be worth approximately $270 million in total, with each vessel receiving around $135 million based on current market dayrates. The Skandi Buzios has secured a 516-day extension and Skandi Recife a 550-day extension, keeping both vessels with Petrobras through January 2028, with potential further work through early 2032 if DOF wins an upcoming tender.AInvestNorway's 12,000-boepd Lockout Just Tightened Europe's Gas Margin and Pressured Oilfield-Service EarningsOffshore Norway initiated a lockout of 1,272 Safe union members starting June 27 in response to an ongoing wage strike, with at least two rigs halting work and 12,000 boepd of output immediately at risk, potentially rising above 120,000 boepd after mid-July if the dispute escalates. Norway supplies approximately 30% of Europe's gas and 20% of its oil, making this labor disruption a meaningful supply risk for European energy markets already dealing with elevated prices and a 48% higher EU gas bill compared to prior periods. The dispute creates direct earnings exposure for the oilfield-service ecosystem including SLB, Halliburton, Baker Hughes, Subsea 7, DOF Subsea, Weatherford, and DeepOcean through disrupted drilling schedules, idle crews, and weaker equipment utilization heading into earnings season.CNBCNorway oil service lockout takes effect, disrupts offshore drillingNorway's oil service labor dispute escalated on Saturday as around 1,000 workers were locked out by employer group Offshore Norway in response to an ongoing strike by Safe union members that began June 15. The lockout impacts major oil service companies including SLB, Halliburton, Baker Hughes, Subsea 7, DOF Subsea, Weatherford, and DeepOcean, with industry projections showing production losses of 12,000 boepd next week potentially rising above 120,000 boepd after mid-July. Norway's government retains authority to intervene and halt the dispute if it determines the action threatens vital economic interests.SNS InsiderUnderwater Drones Market Trends and Leading PlayersThe underwater drones market was valued at USD 5.26 billion in 2025 and is projected to reach USD 14.33 billion by 2035, growing at a compound annual growth rate of 10.60% during 2026–2035. Key growth drivers include increasing adoption of autonomous technology in offshore energy, marine studies, naval applications, and underwater infrastructure inspection, with demand further boosted by offshore renewable energy development and naval modernization initiatives worldwide. Leading companies in the market include Oceaneering International, Fugro, Subsea 7, TechnipFMC, DOF Subsea, and Kongsberg Maritime, all of which are focusing on advancing autonomous underwater vehicle capabilities, superior imaging, and AI-driven underwater communication systems.The Rio TimesPetrobras Signs $2.2B Vessel Deal, Creating 7,000 Brazil JobsPetrobras signed eight contracts totaling R$11 billion ($2.18 billion) with DOF Subsea Serviços for four offshore support vessels. The deal, built at Navship in Santa Catarina, creates about 7,000 jobs and targets 80% local content during construction. The vessels will support deepwater and ultra-deepwater operations under Petrobras's Mar Aberto Programme.Ireland-LiveInvestment in subsea cable network to create thousands of green jobsSSEN Distribution has announced an investment of up to £950 million to upgrade its network of 113 subsea electricity cables serving 60 Scottish islands, improving resilience and increasing capacity for growing demand. The investment is expected to support more than 450 specialised jobs each year for up to eight years, equating to over 3,500 fixed-term roles in green industries. The work will be delivered by five contract partner companies—Briggs Marine, DOF Subsea UK, N-Sea, Enshore Subsea, and Jan De Nul—with a focus on using locally-based supply chains.Market Research & Business IntelligenceRemote Operated Vehicle MarketA market research report projects the global remote operated vehicle (ROV) market will grow from USD 1.9 billion in 2025 to USD 3.9 billion by 2035, representing a compound annual growth rate of 7.3%. Work class ROVs dominate the class segment with a 53.6% market share, while aquaculture leads application segments at 41.8%, with China (9.9% CAGR) and India (9.1% CAGR) identified as the fastest-growing regional markets. The competitive landscape highlights key players including Oceaneering, Saab Seaeye, Deep Trekker, VideoRay, Total Marine Technology, TechnipFMC, Forum Energy Technologies, SEAMOR, Subsea 7, and DOF Subsea as leading suppliers in the global ROV industry.GlobeNewswireVAALCO Energy Signs Contract to Support Subsea Reconfiguration and FSO Deployment at Etame FieldVAALCO Energy contracted DOF Subsea to perform subsea construction and installation for replacing its FPSO with an FSO at the Etame field offshore Gabon. Subsea work is planned to start in July and complete before the FSO is operational in September 2022. The FSO increases storage capacity by over 50% and reduces costs by almost 50%.GlobeNewswireRemotely Operated Vehicle Market is expected to reach USD 3825.9 Million by 2025 | By Major Market Players DOF Subsea AS, Andrews Survey, C-Innovation, Forum Energy Technologies and many more...The globally remotely operated vehicle market was valued at USD 1911.83 million in 2018 and is projected to reach USD 3825.9 million by 2025, a CAGR of 10.6%. North America leads currently, but APAC is expected to see the highest growth. The report also lists major players and regional analysis.Marine Technology NewsNew Underwater Laser Scanner from 2G Robotics2G Robotics announced the public launch of its ULS-500 PRO underwater laser scanning solution at the April 2017 Ocean Business Exhibition in Southampton, U.K. The new system replaces the previous ULS-500 model, offering improved accuracy, real-time data acquisition, and a 4,000m depth rating. Early trials with organizations such as NOAA and DOF Subsea confirmed the device's ability to capture high-density point clouds for seabed mapping.