Business Developments & Projects

CSV Edda Freya; Source: DeepOcean
Business Developments & Projects

BP puts UK field in rearview mirror as DeepOcean’s vessel pulls largest SSIV out of North Sea (Gallery)

DeepOcean has tucked a new decommissioning milestone under its belt by removing what has been deemed to be the largest subsea isolation valve (SSIV) in the North Sea.

about 2 years ago
Veer selects Fosen to build ‘first’ zero-emission ocean-going boxship
Business Developments & Projects

Veer selects Fosen to build ‘first’ zero-emission ocean-going boxship

Veer and Fosen Shipyard have signed a letter of intent (LOI) to develop, construct, sell and purchase two firm units of wind-powered and hydrogen-assisted container ships.

about 2 years ago
Modelling CO2 injection; Source: Kongsberg Digital
Business Developments & Projects

Canadian integrated CCS solution enhancing North Sea carbon storage project

Sval Energi has selected a comprehensive carbon capture and storage (CCS) solution developed by Canada-based Computer Modelling Group (CMG) for one of its CO2 transportation and storage projects in the Norwegian North Sea.

about 2 years ago
IJmuiden Ver
Business Developments & Projects

Ocean Infinity, Fugro win contracts for Dutch geotechnical surveys

The Netherlands Enterprise Agency (RVO) has awarded Fugro and Ocean Infinity AB contracts to carry out geotechnical investigations at the Doordewind zone, one of the three new areas designated by the Dutch Government in 2022 to increase offshore wind capacity. RVO launched the tender for offshore ge

about 2 years ago
Argus project; Source: north.io
Business Developments & Projects

Coming to grips with security risks: Germany backs project for keeping critical subsea infrastructure out of harm’s way

Given the worldwide rise in threats to energy and other underwater industries’ infrastructure such as offshore installations, pipelines, and cables, many countries, especially in Europe, have been upping their security ante to prevent further attacks.

13 minutes read
Wearable device; Source: Salunda
Business Developments & Projects

BP handpicks red zone monitoring tech for North Sea well intervention ops

Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has inked a deal with energy giant BP to install its monitoring solution on the latter’s North Sea assets.

about 2 years ago
Cable burial campaign delivered for Nexans; Source: OEG Renewables
Business Developments & Projects

Nexans keeps weaving its subsea web of renewables as cable burial ops wrap up at UK offshore wind farm

With a new turnkey cable burial campaign out of the way, Nexans continues interlacing new renewable energy threads into its underwater green power network.

about 2 years ago
Canada to support clean hydrogen trade with Germany with up to $300 million
Business Developments & Projects

Canada to support clean hydrogen trade with Germany with up to $300 million

Canada will commit up to $300 million to ensure the development of a transatlantic hydrogen trade corridor with Germany.

about 2 years ago
Rovco and Vaarst plan to bring on board over 150 subsea roles by end of 2025
Business Developments & Projects

UXO clearance completed at Iberdrola’s Windanker site offshore Germany

Rovco has completed a critical unexploded ordnance (UXO) clearance project for Iberdrola’s 315 MW Windanker offshore wind farm in the German Baltic Sea. The operation, which was Rovco’s first UXO project in Germany, was conducted using the company’s newly chartered multipurpose vessel MV Patriot, eq

about 2 years ago
Illustration/NetBuoy during tank trials (Courtesy of Wave Energy Scotland)
Business Developments & Projects

WES picks second round of Direct Generation Concept Design Competition winners

Wave Energy Scotland (WES) has granted £400,000 (approximately $514k) to be shared between two projects in the second round of the Direct Generation Concept Design Competition.

about 2 years ago
CMA CGM
Business Developments & Projects

HD KSOE taps GTT for tank design of 12 CMA CGM’s LNG-fueled vessels

GTT has received two orders from HD KSOE to design the cryogenic fuel tanks for 12 new LNG-fueled container vessels on behalf of CMA CGM.

about 2 years ago
Illustration; Source: Prysmian
Business Developments & Projects

Prysmian picks up new electricity interconnection job to link Mallorca with Spain’s mainland power grid

With a letter of award (LoA) in hand, Italy’s cable giant Prysmian is anticipating to pen a formal contract for an energy transmission project by year-end to connect the island of Mallorca with the Spanish mainland.

about 2 years ago
Illustration; Source: Wärtsilä
Business Developments & Projects

Seapeak turns to Wärtsilä for 16-year optimization of ten LNG vessels

Wärtsilä has secured a multi-year renewal of its lifecycle agreement with Seapeak Maritime, an independent owner-operator of LNG vessels.

about 2 years ago
Illustration; Source: NATO-L
Business Developments & Projects

World’s ‘most ambitious’ subsea interconnector igniting zest for clean power superhubs: Embracing NATO-L to reinforce energy security bonds between America and Europe

The first-ever interconnection between North America and Western Europe is anticipated to enable a new dawn to brake over energy security across the Atlantic.

about 2 years ago