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Business & Finance

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DeepOcean and TFKable plan JV for inter-array cable projects with dedicated vessel
Business & Finance

DeepOcean and TFKable plan JV for inter-array cable projects with dedicated vessel

DeepOcean and the controlling entity of TFKable Group are planning to establish a joint venture (JV) that will provide integrated engineering, procurement, construction and installation (EPCI) services for inter-array cable projects in offshore wind, as well as a newbuild, dedicated inter-array cabl

about 1 month ago
CETO technology
Business & Finance

CETO wave energy unit’s foundation ready for deployment at BiMEP

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Carnegie Clean Energy has completed the foundation structures of the scaled CETO wave energy unit in preparation for deployment at Biscay Marine Energy Platform (BiMEP) as part of the ACHIEVE Programme. CETO is a fully submerged, point absorber-type wave energy technology device. A submerged buoy si

about 1 month ago
Jan De Nul orders another newbuild trenching support vessel
Business & Finance

Jan De Nul orders another newbuild trenching support vessel

Jan De Nul is further expanding its fleet with the order of a new trenching support vessel, which will be an exact copy of its Isambard Kingdom Brunel, announced in March. With this latest order, Jan De Nul has five vessels under construction for subsea cable installation and protection, including t

about 1 month ago
After Equinor, Njord Survey inks three-year agreement with RWE
Business & Finance

After Equinor, Njord Survey inks three-year agreement with RWE

RWE has awarded Swedish offshore survey company Njord Survey a three-year framework agreement for surveys using remotely operated vehicles (ROVs) across its offshore wind farms in the UK and European waters. “We are incredibly proud to secure this long-term agreement with RWE, one of the world’s lea

about 1 month ago
Orlen and Naftogaz have further strengthen their strategic cooperation with two deals; Source: Orlen
Business & Finance

Orlen and Naftogaz deepen energy ties with two MoUs

Ukraine’s state-owned energy company Naftogaz Group and Poland’s Orlen have strengthened cooperation in liquefied natural gas (LNG) and petroleum product supplies, diversification of supply routes, and further stabilization of energy supplies to boost energy resilience in Ukraine and Central and Eas

about 1 month ago
Statfjord B; Credit: Equinor
Business & Finance

Flylogix expands low-emission methane playbook with cross-border North Sea oil platform drone flight

Low-emission uncrewed aviation specialist Flylogix has crossed an international maritime boundary to survey an oil platform for methane emissions, marking the UK’s first civilian cross-border offshore drone operation.

about 1 month ago
WIND acquires stake in UK firm to strengthen cable lifecycle expertise
Business & Finance

WIND acquires stake in UK firm to strengthen cable lifecycle expertise

WIND, a Dutch subsea cable logistics, cable recovery, and related services company, has acquired a stake in a UK-based firm providing cable testing and termination, fault-finding and repair, among other things, for the offshore wind, power and wider energy sectors. WIND reported earlier this month t

about 1 month ago
FLNG; Source: Exmar
Business & Finance

Exmar’s FLNG conversion earns Bureau Veritas’ seal of approval

An approval in principle (AiP) from Bureau Veritas Marine & Offshore (BV), part of Bureau Veritas Group, is paving the way for Belgian shipping company Exmar to breathe life into its floating liquefied natural gas (FLNG) concept based on the conversion of an existing membrane-type LNG carrier.

about 1 month ago
Denmark opens EU’s first full-scale CO2 storage site
Business & Finance

Denmark opens EU’s first full-scale CO2 storage site

King Frederik X of Denmark has opened the first full-scale CO2 storage site in the EU, led by INEOS Energy, with partners Harbour Energy and the Danish North Sea Fund (Nordsøfonden). Project Greensand was in December 2022 granted an exploration permit for the injection and storage of up to 15,000 to

about 1 month ago
French firm expands its work scope for one of the world’s largest deepwater fields
Business & Finance

New contracts for Vallourec in Brazil and Greece for oil & gas and CO2 storage

French provider of tubular solutions Vallourec has won a contract with Subsea7 to supply carbon steel seamless line pipe and thermal insulation coating for Petrobras’ Sepia 2 project in the pre-salt Santos Basin offshore Brazil. The award, described as major, will see Vallourec supply approximately

about 1 month ago
Illustration; Source: Halliburton
Business & Finance

Halliburton bags Eni’s deepwater bundle as Eastern Mediterranean gas buildout continues

U.S.-headquartered oilfield services player Halliburton has secured a multi-year contract with Italy’s energy giant Eni to provide bundled well construction and completions services for an ultra-deepwater development in Cyprus, expanding its presence in the Eastern Mediterranean.

about 1 month ago
FSRU Energos Force; Source: DET
Business & Finance

FSRU docks in Stade as LNG terminal prepares to feed gas into German grid from November

A 294-meter floating storage and regasification unit (FSRU) has arrived at the new liquefied natural gas (LNG) terminal in Stade, marking the start of commissioning preparations and bringing the facility a step closer to operations, with gas feed-in to Germany’s grid expected from November.

about 1 month ago
Verlume Halo Subsea Battery Technology; Courtesy of Verlume
Business & Finance

Verlume and SubCtech join forces to power up integrated subsea ops

UK-headquartered subsea power specialist Verlume and German marine technology company SubCtech are pooling resources to develop and deliver integrated subsea power solutions for offshore energy and defense applications.

about 1 month ago
Scarabeo 8; Source: Saipem
Business & Finance

Fresh gas discovery augments Aker BP’s North Sea arsenal

Norwegian oil and gas company Aker BP has struck gas in the North Sea, opening up a new opportunity 25 kilometers north of the Duva field. The operator and its partners will now assess whether the discovery could be commercially viable.

about 1 month ago