IPTO has received the blessing of its board of directors for a partial divestment of a stake in its subsidiary which is developing a subsea interconnector cable between the island of Crete and the Greek mainland.
Omega Subsea has strengthened offshore survey services to meet the rising demand, particularly in sectors like renewable energy, oil and gas, and other underwater infrastructure by pooling resources with EIVA.
UK-headquartered wireless subsea instrumentation developer Aquatec has joined forces with Norway-based Rental Partnership (RTS), enabling its subsea leak detection technology to be added to the Norwegian firm’s rental offering available to the offshore industry around the globe, including subsea con
Saipem has welcomed the lifting of restrictions on new contracts in Brazil, after being banned from striking deals with the country’s public administration earlier this year.
UK-based oil and gas exploration and production company Rockhopper Exploration has signed a share purchase agreement (SPA) with India’s Zodiac Energy to dispose of its two Italian assets and put in place an insurance policy as it awaits the resolution of a dispute with Italy over a third one. Additi
Island Drilling has wrapped up its plug and abandonment (P&A) campaign off the coast of Mauritania, Africa, which is being carried out with its 2012-built semi-submersible rig.
Subsea7 has used tugs and soft mooring lines connected to a jacket for barge docking for the first time without the deployment of anchors on the seabed to complete installation works at an oil and gas project off the coast of Saudi Arabia.
The UK-based oil and gas company Tower Resources has received an updated and more detailed offer for the farm-out process regarding its production-sharing contract (PSC) off the coast of Cameroon. However, the firm’s discussions with other interested players are still ongoing, thus, it expects to re
ADC Energy has been hired on a multi-year assignment related to the selection and acceptance of up to three offshore drilling rigs, which will work at a recently greenlighted oil project in Suriname’s Block 58 operated by TotalEnergies.
Greece’s Hellenic Cables, the cable segment of Cenergy Holdings, has signed a partnership agreement with Leading Light Wind, one of the largest offshore wind farms in the U.S., to supply some of the project’s inter-array cables. Under the agreement, Hellenic Cables will supply 65 kilometers of 132 k
Hengtong will manufacture and construct the submarine fiber optic cable system, including branch units for a project, which is said to be the most important and strategic one for the future of Qatar’s largest offshore oil field.
The alleged withdrawal of TGS from natural gas exploration in Victoria’s Otway Basin off the coast of Australia has been perceived as a blow to the state’s energy security as the gas supply dwindles. On the other hand, the launch of the U.S. Gulf Coast CO2 storage assessment package is described as
Canada-headquartered marine technology player Kraken Robotics has secured $13 million in orders for its SeaPower subsea batteries from existing clients. Rated for depths of up to 6,000 meters, these batteries deliver twice the energy density and are 46% lighter per kWh compared to traditional press
Transocean has secured a new long-term ultra-deepwater drillship assignment with an undisclosed operator in the U.S. Gulf of Mexico.
