Outlook & Strategy
Busy period for TGS as it inks software license deal with Shell and two new contracts
Following the merger with compatriot PGS, Norwegian seismic company TGS is looking at a busy period ahead with two new contracts, one in Europe and one in North America, for offshore data acquisition. TGS secured a 45-day ultra-high resolution 3D (UHR3D) acquisition contract in Europe for an offshor
With UK’s oil & gas decom costs on the rise, operators urged to get the job done by securing supply chain resources ‘now’ to avoid bottlenecks
The NSTA has warned North Sea operators to pick up the pace of their well decommissioning operations to prevent further price hikes.
Fit for (sustainable) future: Onshore power supply gaining ground in European ports
Ports in Europe are increasingly implementing shore power projects in an effort to stay ahead of the global decarbonization game and comply with EU regulations.
Lomarlabs joins forces with CargoKite to develop new zero-emission ship class
lomarlabs has signed a collaboration agreement with CargoKite to develop a new ship class of micro ships using large kite systems as the main method of propulsion and AI for autonomous operation.
Dutch cable logistics company expands with purchase of compatriot firm
Dutch provider of solutions for transport, handling and storage of subsea cables WIND Group has acquired compatriot equipment engineering and manufacturing company Draftec. Founded in 2009, Draftec has grown into a specialized system integrator and manufacturer of custom-designed, multi-disciplinary
RWE’s large hydrogen projects in Germany receive €818 million boost
The German and federal state governments have granted €818 million in funding to RWE’s large hydrogen projects.
After 28 days at sea, Prysmian’s new cable layer reaches Norway for final fit-out (Video)
Prysmian’s new cable laying vessel (CLV) Monna Lisa has arrived at Vard’s shipyard in Norway from Romania, with outfitting completion, installation of main mission equipment and trials now on schedule. After the Italian cable giant disclosed plans to invest in the CLV Monna Lisa, a sister vessel to
CIPP picks potential operator for green ammonia export terminal in Brazil
Stolthaven Terminals, in cooperation with Global Energy Storage (GES), has been selected by the Port of Pecém Authority (CIPP) as the only potential operator to plan, design, build and operate a green ammonia terminal in Pecém, in the State of Ceará, Brazil.
Cable installation on schedule at first US full-scale wave energy test site
Cable installation for what is the first pre-permitted, utility-scale, grid-connected wave energy test site in the U.S. is scheduled to commence later this month. The cables will support Oregon State University’s PacWave South facility, which when completed will allow wave energy developers to test
Wales sees ‘significant slowdown’ in marine energy spending
Wales’ marine renewable energy sector delivered £29.9 million to the Welsh economy during the 2023 / 24 financial year, a significant slowdown in spending compared to last year’s total of £103.4 million, according to a report by Marine Energy Wales. The decline is thought to be down to the conclusio
Community feedback leads to change of Scottish subsea link’s substation site
Following community feedback that caused the previous proposal to be discounted, SSEN Transmission has identified an alternative site on Lewis for the proposed new HVDC convertor station and AC substation for the Western Isles HVDC link. The proposed new site, located on an area of land owned by the
IRENA: Tripling renewables by 2030 requires higher annual growth rate
IRENA has released Renewable Energy Statistics 2024 which claims that despite renewables becoming the fastest-growing source of power, the world risks missing the tripling renewables target pledged at COP28.
Vallourec lands contract with TotalEnergies for Angolan deepwater project
Vallourec will supply TotalEnergies with its VAM connections and CLEANWELL, a dope-free, environmentally-friendly solution.
OEG Energy expands leadership team with new subsea director
OEG Energy Group (OEG) has appointed Rolf de Vries as Subsea Director for its offshore wind division, OEG Renewables.