UK’s Forum Energy Technology (FET) has secured a contract to supply a work-class remotely operated vehicle (ROV) system and a Dynacon launch and recovery system (LARS) to Spanish maritime survey and ROV services operator ACSM. The FET Perry XLX EVO II will be delivered in the third quarter of 2025 t
Swedish developer and manufacturer of energy systems Metacon has, through its subsidiary Metacon SA, increased its shareholding in Norway’s technology transfer company Pherousa Green Technologies, now re-named Pherousa, to approximately 35 percent of the capital.
Norway-based provider of vessel management services Aurora Offshore, part of the Borealis Group, has taken delivery of the first of three high-end subsea vessels from compatriot operator Sea1 Offshore, former Siem Offshore. A total of 11 vessels are set to transfer to Aurora Offshore as a part of it
French energy firm TotalEnergies has awarded offshore drilling contractor Stena Drilling with a contract under which its drillship will be deployed in Suriname. Under the contract, the Stena DrillMAX will be used for managed pressure drilling of one exploration well for TotalEnergies EP Suriname B.V
Egyptian companies DeepTech, part of MCS Group, and Petroleum Marine Services (PMS) have brought the third and final well into production as part of Phase 10 of the West Delta Deep Marine (WDDM) gas field development project offshore Egypt. The partners, in charge of the engineering, procurement, in
Poland’s Tele-Fonika Kable (TFK) and the Industrial Development Agency (ARP) have signed a letter of intent to collaborate on the construction of a cable laying vessel (CLV) for the installation and maintenance of subsea cables in offshore wind farms, mainly in the Baltic Sea. On January 28, the two
Norway-headquartered well construction and well intervention solutions provider Reelwell has secured a contract with compatriot oil and gas player Vår Energi for the delivery of its powered wired drill pipe, with Odfjell Technology acting as its strategic partner. The contract will see the DualLink
Norway-based energy data and intelligence company TGS has secured a contract for offshore wind site characterization on the UK continental shelf for a repeat client. According to TGS, the project is set to last around 60 days and will begin in the first quarter of 2025. The Ramform Vanguard will be
A jack-up rig owned by offshore drilling contractor Valaris is en route to Angola for a drilling contract it secured last year, following preparations in Texas. According to Valaris, after completing a project at the Kiewit Shipyard in Corpus Christi, Texas, the VALARIS 144 rig has embarked on a voy
The Danish Energy Agency has initiated a public consultation process for the environmental impact report related to the Greensand Future CO2 storage project in the North Sea. The report, prepared by Rambøll on behalf of INEOS E&P, supports the application for Denmark’s first CO2 storage initiative u
Japanese major Imabari Shipbuilding has decided to acquire shares in compatriot marine equipment manufacturer Daihatsu Diesel Corporation in a bid to contribute to the development of alternative-fueled engines.
The Danish Energy Agency has granted permission to Nord Stream 2 AG to preserve the Nord Stream 2 pipeline in the Baltic Sea that suffered damage in September 2022 following an explosion. The Nord Stream 1 and Nord Stream 2 pipelines run from Vyborg, Russia, to Lubmin near Greifswald, Germany, and c
Allseas’ pipelay vessel Lorelay has completed a platform-to-platform pipeline installation in the Caribbean, for the first time ever using the bowstring start-up method, connecting the pipeline start-up head directly to the platform jacket leg. Lorelay kicked off the operations in December 2024, pla
Stolt-Nielsen, a Norway-based company specializing in chemical and bulk liquid transportation and storage, has entered into a share purchase agreement to acquire all the shares of the UK-based midstream LNG & BioLNG company Avenir LNG. As disclosed, the transaction is set to be finalized during the
