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Business & Finance

Dedicated cable repair and installation vessel enters the market

The Netherlands-headquartered N-Sea and its partner Neptune Marine Service have launched what is said to be the first dedicated cable repair and installation vessel. Neptune Marine recently converted the existing anchored barge NP-459 into a dedicated cable repair DP2 vessel, named Curo, with a 50t

about 2 years ago

During their protest against drilling ops, Greenpeace activists were circling the Prospector 1 jack up rig about 20 kilometers northwest of the island of Borkum; Source: Greenpeace

Business & Finance

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Court hearing coming up this week: Go-ahead or more hiccups for North Sea gas project?

After hitting another snag due to a court-ordered temporary halt of operations, a gas project in the North Sea is awaiting outcome of court hearing.

about 2 years ago

Jan De Nul enters partnership to transport green electrons from Africa to Europe via subsea cable

Business & Finance

Jan De Nul’s new partnership to transport green electrons from Africa to Europe via subsea cable

Jan De Nul Group has set up a partnership with green technology, energy and metals company Fortescue for the transport of green electrons – electrons that were made using renewable resources – from energy-producing continents to energy-demanding ones through subsea cables. The partners have joined f

about 2 years ago

A group of people employed at Wavepiston at Kronborg Slot in Elsinore, Denmark.

Business & Finance

Wavepiston spearheads multi-national wave energy project

Danish company Wavepiston has commenced the SHY project (Seawater Hydraulic PTO using dynamic passive controller for wave energy converters), with consortium members all over Europe that joined together at Kronborg Slot in Elsinore, Denmark.

about 2 years ago

Business & Finance

Aker BP laying the groundwork to install 100 km of offshore pipelines at North Sea project

Norwegian oil and gas player Aker BP is set on undertaking six offshore campaigns to install almost 100 km of pipelines this summer at its development project in the Norwegian sector of the North Sea.

about 2 years ago

Business & Finance

WATCH: Jacket for North Sea project on its way to Aker BP’s field

Aker BP is days away from welcoming the arrival of a new jacket at its project in the North Sea where it will be installed offshore Norway.

about 2 years ago

Business & Finance

Nexans’ subsea cable plant expansion spurs headcount and capacity boost amid rising demand in energy transition arena

Nexans has opened the doors of a newly expanded section of its high voltage subsea cable plant in Norway for business to address the growing demand in the offshore wind and electrification segments of the global energy transition tale.

about 2 years ago

Business & Finance

Norwegian firm branches out into subsea engineering and construction sphere with acquisition of Ocean Installer

Moreld has sealed a deal with HitecVision to bring Ocean Installer into its fold to establish a diverse offshore engineering and project execution powerhouse.

about 2 years ago

Axial Skelter made by Spiralis Energy, a tidal energy generator

Business & Finance

UK start-up seeks permits for tidal generator trial in Alderney waters (Video)

London-based start-up tidal energy developer Spiralis Energy has applied for permits to test a surface tidal energy generator in the waters of Alderney, which is a part of Bailiwick of Guernsey.

about 2 years ago

Hywind Tampen floating wind farm and Snorre platform; Source: Equinor

Business & Finance

Energy transition needs to pick up the pace to counter uncertainty over net zero targets

Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.

about 2 years ago

Business & Finance

Norway’s Energy Ministry launches seventh call for CO2 storage licenses

Three new areas for CO2 storage are up for grabs in the North Sea offshore Norway, representing the seventh time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced on June 6 that it was inviting interested companies to appl

about 2 years ago

Illustration; Source Offshore Energies UK (OEUK)

Business & Finance

As UK’s general elections draw near, candidates urged to throw support behind ‘homegrown’ energy transition

Offshore Energies UK (OEUK) has called on all participants in the upcoming general elections to back the domestic energy sector, as this transition pathway is said to safeguard energy security and jobs while accelerating economic growth.

about 2 years ago

Business & Finance

Long-duration, transoceanic USV all done with sea trials

Maritime autonomy solutions company Exail has completed sea trials of its new transoceanic uncrewed surface vessel (USV), designed for long-duration operations of up to 30 days. The DriX O-16 USV, unveiled last March, was first put to sea on May 29 in its home port of La Ciotat in the South of Franc

about 2 years ago

FPSO Western Isles; Source: Jersey Oil & Gas

Business & Finance

First oil from North Sea project gets bumped to late 2027 with hopes placed on UK elections to bring fiscal clarity

Jersey Oil & Gas has disclosed the change in the timeline for the first oil from the HitecVision-backed NEO Energy’s redevelopment project.

about 2 years ago