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Minesto has finalized the design and technical specifications for its upgraded Dragon 12 tidal energy system.

Project & Tenders

Minesto advances its tidal energy farm development with Dragon 12 upgrades

Swedish tidal energy developer Minesto has finalized the design and technical specifications for its upgraded Dragon 12 tidal energy system, marking a step toward deploying the first Dragon farm at Hestfjord in the Faroe Islands. According to Minesto, the project’s Phase 1 targets a capacity of 10

about 1 year ago

UK subsea firm eyes growth as part of new investment deal

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UK subsea firm eyes growth with new majority shareholder

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UK-headquartered Subsea Technology & Rentals (STR) has entered into an investment deal with STAR Capital Partnership as part of its growth strategy. STAR Capital Partnership has become STR’s new majority shareholder, with the investment set to enable the UK firm to further evolve its equipment and s

about 1 year ago

The Dutch Marine Energy Centre (DMEC) has unveiled a market report outlining the growth potential of tidal and wave energy in Europe, among other technologies.

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DMEC models forecast tidal and wave energy growth in Europe

The Dutch Marine Energy Centre (DMEC) has unveiled a market report forecasting that tidal and wave energy could anchor Europe’s green transition and bring billions in market value by 2050, however, there are certain challenges that need to be surpassed for them to reach their potential. Leveraging h

about 1 year ago

Project & Tenders

Angolan LNG enriching SEFE’s energy mix

Germany’s Securing Energy for Europe (SEFE) has signed an agreement for the supply of liquefied natural gas (LNG) with Angola LNG, a joint venture (JV) between Chevron, Azule Energy – formed by BP and Eni – Sonangol, and TotalEnergies.

about 1 year ago

Project & Tenders

VTTI gauging interest in ammonia storage and cracking capacity at Rotterdam and Antwerp terminals

The Netherlands-based energy infrastructure firm VTTI has launched an open season for ammonia storage and ammonia cracking capacity at its terminals in Rotterdam and Antwerp.

about 1 year ago

Project & Tenders

UK’s National Subsea Centre bags grant to develop decommissioning AI-demonstrator

The UK’s National Subsea Centre (NSC) and PlanSea, a spin-out company from Robert Gordon University (RGU), have secured a grant to develop a subsea decommissioning optimization software demonstrator with artificial intelligence (AI) technology. The partners, which have collaborated for many years to

about 1 year ago

Image of the MARMOK-A-5 prototype wave energy device

Project & Tenders

Wave energy prototype moves closer to offshore deployment at BiMEP

Spain-based multi-national architecture and engineering consultancy IDOM is progressing toward the offshore deployment of its wave energy prototype next summer at the Biscay Marine Energy Platform (BiMEP), as part of Phase 3 of the EuropeWave project. The project unveiled reaching several milestones

about 1 year ago

ABB to power NKT's high-voltage offshore cable factory in Sweden

Project & Tenders

ABB to power NKT’s Swedish high-voltage offshore cable factory

Denmark-headquartered power cable manufacturer and installation firm NKT has appointed ABB to electrify its high-voltage submarine power cable factory in Karlskrona, Sweden. To remind, on the back of a record order backlog and strong market outlook, NKT announced investments in a new cable-laying ve

about 1 year ago

VARD delivers PSV-turned-CLV to Canadian owner

Project & Tenders

VARD hands over PSV-turned-CLV to Canadian owner

Norway’s VARD has delivered the cable-laying vessel (CLV) it had converted from a platform supplier (PSV) to I.T. International Telecom Marine (IT), a Canadian company active in the offshore oil & gas and energy sectors. The vessel was built at Vard Brattvaag and delivered to Volstad Maritime in 200

about 1 year ago

Project & Tenders

UK firm advances large-scale natural gas and hydrogen storage project

EnergyPathways has selected Wood as the lead engineering partner for the Marram Energy Storage Hub (MESH) project, a large-scale natural gas and green hydrogen storage facility in the UK Irish Sea.

about 1 year ago

Chinese company delivers submarine cable installation in the Balkans (Video)

Project & Tenders

Chinese firm delivers ‘historic’ submarine cable installation project in the Balkans (Video)

China’s ZTT Submarine Cable & System has delivered what it says is Croatia’s first submarine cable installation in over four decades, a project described as a historic and ESG-focused milestone as it aims to modernize the country’s energy system. For the Cortia Submarine Cable Project, ZTT delivered

about 1 year ago

NKT nearing finish line for its Swedish expansion project

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Swedish company wins $109M deal for next phase of NKT cable factory expansion

Sweden’s construction company Skanska has signed a SEK 1.2 billion (approximately $109 million) contract with Denmark-headquartered power cable manufacturer and installation firm NKT for the next stage of the cable factory expansion in Karlskrona, Sweden. According to Skanska, the agreement, booked

about 1 year ago

Noble Patriot semi-submersible rig; Source: Noble Corporation

Project & Tenders

Noble rigs score more work with TotalEnergies, BP, and TAQA as Inpex opts for early termination

Noble Corporation has secured further work for two floaters in Nigeria with France’s TotalEnergies and in the UK with TAQA while one of its jack-up rigs also got more work in Britain with BP. However, Inpex has decided to break off the deal in Australia for one of the rig owner’s floaters.

about 1 year ago

Project & Tenders

Danish HØST PtX Esbjerg project gains ground

The Danish Environmental Agency has granted the HØST PtX Esbjerg project the primary environmental approvals – EIA approval of the project and environmental approval of the facility, marking a milestone in the project’s development.

about 1 year ago