The U.K.-based Rovco has launched a new hydrographic services division in which it plans to invest £9.5 million (US$13.4 million) over the next two years, the company said on June 7.
Rovco Survey Solutions will offer a broad range of hydrographic services, from wind farm site and cable route surveys, spanning seabed mapping, geophysical and shallow geotechnical services, to hazard surveys and UXO target identification.
This will go alongside broader offerings such as UXO disposal, marine habitat assessment surveys and archaeological investigations.
Additionally, Rovco will expand its survey team with 8 new staff members this month.
Daniel Rice, former CEO of Rice Energy who now sits on the EQT board, addressed the elephant in the room earlier this month at Hart Energy’s Energy Capital Conference.
Gulfport Energy, which has faced activist investor pressure this year to improve its stock performance, agreed to divest various noncore assets including water assets across its Scoop position in Oklahoma.
Paul D. McKinney succeeds William M. Griffin, who took over as SandRidge Energy’s president and CEO last year after James Bennett was ousted in a victory for activist investor Carl Icahn.