Next Geosolutions Secures €20M Contracts for Marine Geoscience and Offshore Construction Support

Marine geoscience and offshore construction support player Next Geosolutions (NextGeo) has recently announced securing two new contracts worth a combined €20m ($23m) from Italian cabling giant Prysmian. These contracts will involve long-term seabed work across European power transmission and wind energy projects.

The first contract awarded to NextGeo entails route preparation for the Bay of Biscay HVDC interconnector, a subsea cable link connecting France and Spain. Operations for this project are scheduled to take place between 2025 and 2027.

Additionally, NextGeo has also been tasked with conducting geophysical and unexploded ordnance surveys in Dutch waters for the planned export cable routes of two major offshore wind zones: IJmuiden Ver Alpha and Nederwiek 1. These survey works are expected to be carried out between 2026 and 2027.

NextGeo, a company listed in Milan and part of the Naples-based shipping group Marnavi, sees these dual contract awards as a significant boost to its order book. The company’s expanding role in supporting large-scale energy transition infrastructure is further emphasized by these latest projects.

CEO of NextGeo, Giovanni Ranieri, expressed his confidence in the company’s capabilities, stating, “These two major contracts confirm both the strength of our positioning in the marine geoscience market.” Ranieri highlighted NextGeo’s involvement in complex and high-impact projects like the Bay of Biscay interconnector and Dutch offshore wind farm development, showcasing the company’s technical expertise in supporting the safe and efficient rollout of critical energy networks.

Earlier this year, NextGeo also secured a separate contract from Prysmian, valued at approximately €10m, to conduct UXO survey and clearance in German and Dutch waters. This particular project is in support of the NeuConnect Interconnector, a subsea cable system connecting the UK and Germany.