Business & Finance

NKT begins export cable installation activities at Dogger Bank A
NKT’s 140-meter long cable-laying vessel (CLV) NKT Victoria has commenced export cable installation activities at the Dogger Bank A offshore wind project in the UK. The work started on 17 April and will be performed on a continuous basis in two campaigns until approximately 2 June. The first campaig

Impact Subsea unveils third generation of seaView software
Impact Subsea has launched the third generation of seaView software to support its range of altimeters, attitude and heading reference systems, depth sensors and sonars. V3 allows a single or multiple Impact Subsea sensors to operate simultaneously from a single application, the UK company said. Thi

Operator looking to decarbonise new North Sea project with floating wind
A proposed development concept for a new North Sea project has received approval from the UK’s offshore regulator.

Norwegian player seeks operatorship as MOL Norge offloads two North Sea discoveries
Following an agreement with Hungary’s MOL, Norway’s Lime Petroleum will expand its North Sea portfolio with more acreage.

Germany to spend billions on floating LNG terminals
Germany’s government has allocated about €2.5 billion ($2.7 billion) for four floating liquefied natural gas (LNG) terminals around the country.

TSO chiefs meet to discuss EuroAfrica Interconnector
Chiefs of the Greek and Egyptian transmission system operators (TSOs) have come together to discuss the EuroAfrica Interconnector that will connect the two countries. Manos Manousakis, chairman and CEO of Greece’s Independent Power Transmission Operator (IPTO), and Sabah Mashaly, chairman of the Egy

Tender for world’s longest subsea cable terminated after no compliant application
The UK-headquartered Xlinks has decided to terminate a tender process that sought survey services for what will be the world’s longest subsea cable since no bidder submitted a compliant application.

Meyer, Fassmer take over Neptun Ship Design to jointly offer solutions for sustainable shipping
German shipbuilder Meyer Group and its counterpart Fassmer have decided to jointly acquire compatriot ship design company Neptun Ship Design.

UK regulator tells industry to avoid delays that can harm business
UK’s regulator has reminded the industry of a need to avoid lengthy delays in transactions that can harm business and put off new investors.

Modus to continue supporting Prysmian cabling ops in Europe and America
UK-based subsea services contractor Modus has secured a contract extension with Prysmian to continue supporting the Italian cabling giant’s projects.

Resen Waves scores international award for wave power solution
Danish company Resen Waves has been bestowed an international award for its wave energy-powered smart buoy and its potential for the integration with other offshore industries.

Heerema setting the scene for removal of platform from UK waters after 45 years
Heerema Marine Contractors is setting the scene for the world’s largest crane vessel, Sleipnir, to remove an offshore platform off the UK.

Marine renewables specialist Innosea sets up shop in Spain
Innosea, the international engineering, design and R&D consultancy within marine renewable energy sector, has expanded its European presence to the Spanish market.

Tyra II now almost complete with seven out of eight platforms in position – gallery
TotalEnergies and its partners have completed this spring’s installation campaign of Tyra II in the Danish North Sea.