Business & Finance

Ocean Infinity taps Valeport for Armada fleet
Ocean Infinity has selected Valeport sensor technology to provide sound velocity and bathymetric data for its Armada fleet of uncrewed, low-emission, robotic vessels. Valeport’s miniSVS will be mounted on the vessels next to the multi-beam echosounder in the sensor gondola to provide surface sound v

EU-wide partnership to deliver ‘world-first’ bankable hybrid marine energy parks
Major European companies and project developers have joined forces with leading research institutions to unlock large-scale potential of combined wind, wave and offshore floating solar renewable energy sources in the newly launched €45 million marine energy project ‘European Scalable Offshore Renewa

Energy transition not fast enough as fossil fuels will still hold half of global energy mix by 2050, DNV warns
DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.

Boosted by new contracts, Esvagt hiring 50 new seafarers
Esvagt has revealed that recent new contract awards for its fleet mean that the company is now on the hunt for 50 new seafarers.

GDG settles in the Netherlands
Irish offshore engineering consultancy Gavin & Doherty Geosolutions (GDG) has opened its first office in the Netherlands, with the aim of expanding its presence in the European offshore wind market. By adding a base in the Netherlands, GDG said it is looking to strengthen its connections with client

Bureau Veritas appoints head of renewable energy for UK
Certification and advisory company Bureau Veritas has appointed Mauricio Pereira to head up its renewable energy division for the UK market.

Appraisal well cuts Aker BP’s resource estimate for North Sea discovery
Norwegian oil and gas company Aker BP has concluded the drilling of an appraisal well on the Liatårnet oil discovery located in the North Sea.

Proserv subsea cable monitoring system gets ScottishPower support
ScottishPower Renewables (SPR) is providing industrial sponsorship for Proserv Controls’ Electro Cable Guard (ECG) disruptive subsea cable condition monitoring system for the offshore wind market. The sponsorship agreement will see SPR provide its expertise and resource both from a cable owner and o

Vattenfall orders Greek cables for Danish offshore wind farms
Hellenic Cables has secured its first contract with Vattenfall under which it will deliver the inter-array cables for the Vesterhav Nord and Vesterhav Syd offshore wind farms in Denmark. The Greek company will design, manufacture, test, and supply approximately 70 kilometers of 66kV XLPE insulated i

New EU-Canada partnership targets ocean tech innovation
The Centre for Ocean Ventures & Entrepreneurship (COVE), GCE Ocean Technology (GCE OT), Subsea Monitoring Network (SMN) and Ocean Innovation Norwegian Catapult Centre have signed a memorandum of understanding (MoU) to collaborate on ocean technology innovation.

First new Tyra topsides installed in North Sea – gallery
Heerema Marine Contractors’ Sleipnir has installed the first new Tyra topsides for TotalEnergies’ project in the Danish North Sea.

Concordia Maritime sells IMOIIMAX duo
Swedish tanker shipping company Concordia Maritime has decided to strengthen its liquidity by selling two IMOIIMAX vessels — Stena Image and Stena Important.

Jersey to re-phase Buchan timeline over electrification plans
Jersey will re-phase its key GBA project milestones like FEED entry, FID, and first oil dates to allow enough time for electrification studies.

Tyra topsides reach Danish North Sea
The three Tyra East wellhead and riser platforms have arrived at the Tyra field in Denmark following a journey from Singapore.