Deepwater Installation
Sandbrook Capital acquires majority stake in Havfram
Sandbrook Capital, a private investment firm headquartered in Connecticut, US, has acquired a majority stake in Havfram and has committed $250 million (NOK 2.65 billion) of equity capital to the Norwegian offshore wind services provider. Havfram will use the new capital to build a fleet of vessels f
Aker Solutions and Petrobras ink subsea frame agreement
Aker Solutions has secured a frame agreement to provide subsea production systems (SPS) and subsea lifecycle services (SLS) for Petrobras-operated oil and gas fields offshore Brazil. The scope covers the delivery of complete subsea production systems, including equipment such as subsea trees, Vectus
Tripartite partnership set up for early phase offshore wind site evaluation
TGS, SAND Geophysics and Norwegian Geotechnical Institute (NGI) have entered into a strategic cooperation agreement to provide early-phase ground condition and geohazard evaluations for offshore wind farm development. The partnership aims to support wind farm front-end engineering design (FEED) stud
First 100km of subsea cable in at Shetland HVDC link
The first 100 kilometers of subsea cable has been installed for SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) link in the North Sea. The £660 million project will involve constructing a 260-kilometers subsea cable from Shetland to the GB mainland, linking Shetland to the national g
Metocean measurement campaign to start at Scottish floating wind farm site
Partrac will soon deploy a floating LiDAR Buoy at the site of the Buchan floating wind project offshore Scotland, which is being developed by Floating Energy Allyance (FEA), a consortium comprising BW Ideol, Elicio, and BayWa r.e. The deployment is estimated to be carried out on 15 November, subject
Delegation meets to discuss EuroAsia Interconnector
Project developer of the EuroAsia Interconnector and the Cypriot and Israeli delegations have met in Nicosia, Cyprus, to discuss the electricity link that will connect Israel, Cyprus, Greece and continental Europe. A delegation of the Israeli and Cypriot Ministries of Energy, the Israeli and Cypriot
DeepOcean charters 85-meter multi-purpose support vessel
DeepOcean has signed a charter agreement with shipowner Simon Møkster Shipping for the Stril Server multi-purpose support vessel (MPSV), set to be deployed in the renewables and oil & gas markets. Under the two-year agreement, Stril Server will provide subsea inspection, maintenance, and repair (IMR
NKT Victoria paces ahead with cable laying for Shetland HVDC link
NKT Victoria has completed cable laying works for the Shetland HVDC Link as part of the first cable installation campaign which begins at Noss Head, North of Wick. The trenching vessel, Grand Canyon III, has also completed trenching the cable to the required burial depth in the seabed as part of Cam
Former ESB chief joins Ireland-Great Britain interconnector project
MaresConnect Limited, the company behind the interconnector that will link the power markets of Ireland and Great Britain, has appointed former chief executive of ESB Pat O’Doherty as chairman and non-executive director of its board. MaresConnect Interconnector will comprise a cable route of approxi
Hitachi Energy hands over North Sea Link
Hitachi Energy has handed over North Sea Link, the first power interconnector between Norway and the UK, to Norway’s Statnett and the UK’s National Grid. The 1,400 MW North Sea Link allows Norway to import wind power from the UK and the UK to import hydropower from Norway through a 720-kilometer HVD
Landmark agreement signed to progress Australian interconnector
The Australian, Tasmanian and Victorian governments have reached a funding agreement to build the 1,500 MW bi-directional Marinus Link interconnector between Victoria and Tasmania. The Australian government funding is part of the $20 billion Rewiring the Nation plan to transform the country’s electr
EuroAsia Interconnector entering construction phase with launch date set
The inauguration ceremony for the EuroAsia Interconnector, which will connect Israel, Cyprus and Greece with continental Europe, is scheduled to be held on Friday, 14 October. The EuroAsia Interconnector is a multi-terminal VSC-HVDC scheme that will connect the national grids of the three countries
Seven Arctic en route to giant Black Sea gas project
Subsea 7’s Seven Arctic is on its way to the Black Sea to begin work on the Sakarya gas field development, described as one of the largest energy projects ever built in Türkiye. Seven Arctic is in charge of installing subsea oil and gas hardware, such as manifold structures, piles, production flexib
Wintershall Dea and CapeOmega selected for CO2 storage permit off Norway
Norway’s Ministry of Petroleum and Energy has selected Wintershall Dea Norge and CapeOmega to receive an exploration permit for CO2 storage on the Norwegian continental shelf (NCS) in the North Sea. The Luna license is located 120 kilometers west of Bergen and is estimated to hold a CO2 storage inje