Image: Kongsberg Maritime

Kongsberg Maritime Shuts Down KM Contros

Laxman Pai

Kongsberg Maritime (KM), a Norwegian technology enterprise within the Kongsberg Gruppen, informed that it has suspended the sale of the previously announced German KM Contros GmbH to AML Oceanographic Ltd. (AML).

Following a strategic evaluation and prioritization of the KM business in 2019, the company decided to divest Contros, and a Letter of Intent was signed with a future buyer of the business.

However, the companies have now agreed not to pursue the previously announced letter of intent, and the sale of Contros will therefore not proceed. Consequently, Kongsberg Maritime has decided to cease the Contros operations, a press release said.

Contros is a subdivision of the Sensors & Robotics division in KM, it's located in Kiel/Hamburg, Germany. Contros has two primary lines of business: sensors that measure dissolved gases in water, and platforms and deployment systems for in-situ oceanographic measurement.

KM said that it will conduct a staged closure of the operations of Contros during the first half of 2020 while still stand by its commitments to customers, employees and other stakeholders.

Andy Hill, Marine Geohazards Technical Authority, BP

Oi '20 Voices: Andy Hill, BP

As the Oceanology International 2020 exhibition gets set to celebrate its Golden Anniversary, Marine Technology Reporter reached out to the industry for insights on the evolution

Sophie Zurquiyah. Photo: CGG

CGG Officially Exits Seismic Data Biz

French-based geophysical services company CGG announced that it has completed the wind-down and exit from its land seismic data acquisition business after completing its last

SOI Executive Director Dr. Jyotika Virmani (Photo: XPRIZE)

Schmidt Appoints Virmani as Executive Director

The Schmidt Ocean Institute announced it has appointed Dr. Jyotika Virmani as its first Executive Director, to lead the global nonprofit in its work to advance the field of