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Outlook & Strategy

TenneT names contractor for annual Dutch offshore cable integrity surveys

TenneT Netherlands has selected compatriot survey company Deep to perform annual offshore cable integrity surveys between 2026 and 2029. Deep announced today, August 31, that it would use hydrographic and geophysical techniques to determine the level of seabed cover above the cables, identify object

about 1 month ago

Outlook & Strategy

SBM Offshore and Solstad’s installation vessel to sport Kongsberg Maritime equipment

Kongsberg Maritime has secured a contract to supply a fully integrated suite of technology and equipment for an offshore installation vessel being built for the joint venture (JV) of Norwegian Solstad Offshore and Netherlands-based SBM Offshore. Kongsberg Maritime will deliver an advanced deck machi

about 1 month ago

Outlook & Strategy

TGS awarded data brokerage and licensing rights for block offshore Brunei

Following a streamer acquisition contract in the Mediterranean, Norway’s energy data and intelligence company TGS has reported the award of data brokerage, marketing and licensing rights by the Petroleum Authority of Brunei Darussalam (PA) for subsurface data over an offshore block in Brunei. The aw

about 1 month ago

Outlook & Strategy

TechnipFMC’s first 7-in. Subsea 2.0 tree goes to Chevron in Australia

TechnipFMC has delivered its first 7-in. Subsea 2.0 tree to Chevron in Australia, the first christmas tree (XT) delivered under the companies’ 20-year master service order. The XT #1 system represents the first-article build of TechnipFMC’s 7-in. Subsea 2.0 platform and was delivered for Chevron Aus

about 1 month ago

Outlook & Strategy

MacGregor’s 165-ton crane ordered for Jan De Nul newbuild

MacGregor has been selected to supply a 165-ton active heave-compensated (AHC) crane for Jan De Nul’s newbuild vessel that is being built at the China Merchants Heavy Industry (CMHI) shipyard. The crane will be delivered for the Ulstein SX121 newbuild, with the order being part of a 1+1 vessel progr

about 1 month ago

Outlook & Strategy

South Koreans make move to cut foreign dependence with domestic ROV capability

South Korea’s Taihan Cable & Solution and Panstar Robotics, established by the Korea Institute of Robotics & Technology Convergence (KIRO), have signed a memorandum of understanding (MoU) to jointly develop remotely operated vehicles (ROVs) that would be deployed domestically, in an effort to reduce

about 1 month ago

Outlook & Strategy

$1.1 billion in pre-investment contracts awarded for Mozambique’s LNG project

ExxonMobil has, on behalf of its partners, awarded $1.1 billion in pre-investment contracts for the engineering, procurement and manufacturing of subsea production systems, large-bore production valves and offshore line pipe for a liquefied natural gas (LNG) development in Mozambique. ExxonMobil Moç

about 1 month ago

Outlook & Strategy

‘World’s most powerful’ subsea trencher nears first testing

NKT’s new subsea trencher, deemed the world’s most powerful, is approaching final assembly and entering the first round of testing, the Danish power cable manufacturer and installation firm reported. NKT announced the investment in the NKT T-3600 trencher in June 2025, as part of its ongoing investm

about 1 month ago

Outlook & Strategy

TGS and Chevron jointly pursuing next-gen seismic imaging technology

Norwegian energy data and intelligence company TGS and U.S.-headquartered energy firm Chevron have established a strategic collaboration to advance next-generation seismic imaging technology. The companies plan to jointly invest in research and development across key technical domains, including Ela

about 1 month ago

Outlook & Strategy

Eco Wave Power: Increased power output from Israeli pilot during stronger waves

Eco Wave Power has reported increased electricity generation and higher peak power output during stronger wave conditions in April and May from its grid-connected wave energy power station in Israel. The EWP-EDF One wave energy project is a pilot-scale demonstration array, consisting of a limited nu

about 1 month ago

Outlook & Strategy

Design unveiled for vessel as versatile as ‘Swiss Army knife’

C-Job Naval Architects and vessel operator Glomar Offshore have revealed the design of an offshore support vessel (OSV) described as a “Swiss Army knife for offshore work” due to its versatility. The OSV, said to be purpose-built as Glomar’s first vessel of its kind, has been designed for diverse of

about 1 month ago

Outlook & Strategy

VARD welcomes NKT’s cable layer to Norway for final outfitting and commissioning

NKT’s new cable-laying vessel (CLV) NKT Eleonora, which will be able to run on both methanol and HVO/marine diesel oil, has arrived from Romania to Norway for the next phase of outfitting and commissioning. The official keel laying for the vessel took place in January 2025, some two months after the

about 1 month ago

Outlook & Strategy

DOF adds 80 days of subsea work to backlog in Asia-Pacific

DOF Group has secured two subsea contract awards in the Asia-Pacific (APAC) region that together have a duration of approximately 80 days. The contracts will use multipurpose vessels and subsea services from the region, including DOF’s in-house project management and engineering, procurement and log

about 1 month ago

Outlook & Strategy

Investment approval request submitted for Cyprus-Israel interconnector, project viable in all scenarios

Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO), as the project promoter of the Great Sea Interconnector (GSI) that will connect Cyprus and Israel, has submitted an investment approval request to the regulatory authorities of both countries. This is the nec

about 1 month ago