Next Geosolutions

Next Geosolutions Europe SpA (NextGeo) is an Italy‑based marine geoscience and offshore construction support service provider operating globally in the energy and infrastructure markets, with a strong focus on renewables, submarine cables and offshore wind. Headquartered in Naples and part of the Marnavi Group, it is listed on Euronext Growth Milan. The group delivers turnkey solutions across the full lifecycle of offshore assets, from initial concept and desktop studies through design and engineering surveys, construction and installation support, in‑service inspection, repair and maintenance (IRM), and final decommissioning. Its service portfolio includes marine geophysical, geotechnical, environmental and archaeological surveys, UXO investigation, identification and clearance, and integrated offshore construction support including positioning, route and site preparation, and as‑laid/as‑built surveys. NextGeo operates with a fleet of 15 DP class 1 and 2 offshore vessels and a multinational workforce of more than 200 professionals, supported by bases in Naples, Norwich and IJmuiden, and by Next Geosolutions Middle East in the UAE. The Middle East entity provides geophysical and geotechnical surveys and, through the acquisition of 75.4% of Italian subsea services firm RANA Subsea, extends the group’s capabilities into ROV, air and saturation diving, subsea engineering, installation, IMR and decommissioning, and its footprint into the Mediterranean, West and North Africa and the Gulf. Key markets include interconnector and offshore wind cable routes, oil and gas developments and transmission grid projects, where NextGeo works for transmission system operators, offshore wind developers, cable manufacturers and installers, and oil and gas operators under multi‑year contracts and framework agreements. Strategically, the company is pursuing growth via international expansion, fleet and equipment investment and bolt‑on acquisitions, while emphasising QHSE, a formal safety‑culture programme and published sustainability and climate‑neutrality targets. It reported 2024 net sales of about €302 million and net profit of approximately €43 million.