The Basque Government has allocated a grant to a project dedicated to developing floating wind operation and maintenance technologies, including underwater image recognition technology for subsea asset integrity. The Integrated solutions for Floating Wind O&M through the development of new technolog
Another week has gone by with (green) hydrogen filling our headlines, from new hydrogen carrier projects and hydrogen-powered vessels, to oil giants looking at hydrogen as the next best thing to invest into as they start adding new revenue drivers.
Norwegian vessel owner Solstad Offshore has secured contracts within the renewable energy sector for three of its subsea construction support vessels (CSVs). Normand Cutter is in charge of carrying out a 110-day firm contract for a cable project in Northern Europe. Work is set to commence this month
Louis Dreyfus TravOcean (LDTVO) plans to start the second inter-array cable installation campaign at the Saint-Nazaire wind farm offshore France in mid-March. Back in September 2018, a consortium of LDTVO and Prysmian officially secured a contract for the supply and installation of inter-array cable
Hydrographic and geophysical surveys are set to start on the proposed Sheringham Shoal and Dudgeon Extension offshore wind projects in March. The vessel Ocean Research is expected to begin the work around 1 March offshore the North Norfolk coast. Activities will continue for an estimated 120 days, e
Researchers at the University of Malta have kicked off research to assess how the significant amounts of CO2 available from carbon capture and storage (CCS) facilities may support offshore energy storage systems co-located within the same footprint of wind farms. The Investigating the thermal perfor
French company Sabella has signed a memorandum of understanding with H2X-Ecosystems for the development of green hydrogen production system powered by tidal energy.
The UK government will increase the frequency of auctions for funding through the Contracts for Difference (CfD) scheme to every year rather than every two years. The change kicks in from March 2023 when the next CfD round opens, the Department for Business, Energy & Industrial Strategy (BEIS) said.
International energy services provider Petrofac has won its first new energy-focused project in Russia for the first wind-to-hydrogen development on Sakhalin Island.
BP saw its profit surge in the last quarter of 2021 as a result of higher oil and gas prices, refining margins, and stronger trading results.
ADC Energy has inked its third contract for rig inspection services in Asia-Pacific, paving the way for further growth in the region.
Canada’s Ocean Supercluster is allocating around $3 million for a project to develop an uncrewed surface vessel (USV) based subsea inspection solution for offshore wind farms. With a total project value of nearly $6.7 million, the Autonomous Remote Offshore Wind Inspection, Navigation and Deployment
Following Saipem’s financial woes, Moody’s downgraded the company’s rating to B1 and placed all the ratings under review for downgrade.
Hornbeck Offshore has added three offshore supply vessels to its fleet following an auction carried out by MARAD.
