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Project & Tenders

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Europe unlikely to meet its 2030 hydrogen production targets, report says
Project & Tenders

Europe unlikely to meet its 2030 hydrogen production targets, report says

Less than 20% of the EU’s planned hydrogen project pipeline is expected to be realized by 2030 without urgently addressing critical points that create a widening gap between ambition and reality in Europe’s hydrogen sector, according to the latest report from energy market research and consultancy f

about 1 year ago
UK firm picks its first international franchisee for fully autonomous USV charter fleet
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UK firm picks its first international franchisee for fully autonomous USV charter fleet

UK-headquartered Zero USV has named Leeway Marine as its first international franchisee for its uncrewed surface vessel (USV) charter fleet in North America. According to Zero USV, Oceanus12 is designed for long-distance over-the-horizon operations and is mission agnostic, allowing a wide range of p

about 1 year ago
Day rate contracts in South America and Africa come along to Argeo vessels
Project & Tenders

Day rate contracts in South America and Africa come along to Argeo vessels

Norwegian subsea services provider Argeo has signed new contracts under which its two vessels will be deployed offshore South America and Africa on oil & gas projects. The contracts will see Argeo Searcher perform autonomous underwater vehicle (AUV) survey work in South America and Argeo Venture AUV

about 1 year ago
Ocean Harvesting Technologies opens financing round to advance wave energy tech
Project & Tenders

Ocean Harvesting Technologies opens financing round to advance wave energy tech

Sweden’s Ocean Harvesting Technologies has launched a €200,000 financing round to support further development of its InfinityWEC wave energy converter (WEC) in 2025. The move is part of a larger €700,000 capital requirement for 2025-2027. InfinityWEC is currently being developed under two EU-funded

about 1 year ago
An offshore rig
Project & Tenders

Island Drilling sheds more light on $330 million Equinor contract win

Norwegian offshore rig operator Island Drilling has expounded on the permanent plug and abandonment (PP&A) assignment on the Norwegian continental shelf (NCS) it recently won with compatriot state-owned giant Equinor.

about 1 year ago
'Sizeable' Northern Lights Phase 2 contract to keep Subsea7 busy for next two years
Project & Tenders

Subsea7 and Aker Solutions tasked with work for Northern Lights Phase 2

Norway’s state-owned Equinor, acting as the technical service provider (TSP) for the project, has awarded Subsea7 and Aker Solutions with contracts for the second phase of the Northern Lights CO2 transport and storage development in Norway, after the final investment decision (FID) was announced las

about 1 year ago
IKM Group to employ up to 70 persons as part of contract for Norway's PRSI Pool
Project & Tenders

IKM Group to employ up to 70 persons as part of contract for Norway’s PRSI Pool

Norwegian state-owned energy firm Equinor has awarded Sola-based IKM Group with a contract for the provision of services for the Pipeline Repair and Subsea Intervention (PRSI) Pool, with about 50-70 people expected to be employed for the work. The PRSI Pool includes 23 companies covering their offsh

about 1 year ago
MPA Singapore
Project & Tenders

MPA Singapore and Wärtsilä renew maritime decarbonization partnership

The Maritime and Port Authority of Singapore (MPA) and Finland’s technology major Wärtsilä have renewed their partnership to accelerate maritime decarbonization and digitalization.

about 1 year ago
Fugro vessel safe in port after grounding in Italy, no harm made
Project & Tenders

Fugro vessel safe in port after grounding in Italy, no harm made

A 42-meter-long geophysical survey vessel owned by Fugro that ran aground in Italy on Saturday, March 22, had been safely brought to port, the Dutch company reported. The Fugro Mercator ran aground on the north coast of Elba, Italy, when it went looking for shelter due to deteriorating weather condi

about 1 year ago
DMEC-led accelerator program opens first support call for offshore energy innovations
Project & Tenders

DMEC-led accelerator program opens first support call for offshore energy innovations

The Dutch Marine Energy Centre (DMEC)-led Offshore Accelerator for System Integration and Storage (OASIS) project has launched the first support call for offshore energy innovations. The initiative aims to support innovative companies in the North Sea region by accelerating their growth and enhancin

about 1 year ago
Spanish subsea services provider enhances two vessels with upgrades
Project & Tenders

Two upgraded Spanish vessels back at work

Spanish maritime survey and ROV services operator ACSM has put its 25-year-old offshore support vessel (OSV) Nautilus back to service after a couple of months of upgrade work. The 73-meter-long vessel completed its upgrading phase at the shipyard Viana do Castelo in Spain, after which it spent a few

about 1 year ago
An offshore drilling rig
Project & Tenders

Equinor keeping Island Drilling, Archer, and Baker Hughes busy with multi-well P&A gigs

Norwegian state-owned energy giant Equinor has awarded compatriot Island Drilling with a well plugging contract on the fields it operates on the Norwegian continental shelf (NCS), while Archer and Baker Hughes Norge have won contracts for full-range delivery of plugging services.

about 1 year ago
With phase 1 fully booked, Northern Lights partners take €662M FID for second phase
Project & Tenders

With phase 1 fully booked, Northern Lights partners take €662M FID for project expansion

Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the namesake CO2 transport and storage development. This will increase the project’s transport and storage capacity from 1.5 million to over 5 million ton

about 1 year ago
Danish wave energy technology company Exowave is entering a crucial phase in developing its wave energy technology. The power take-off (PTO) system is set for wet testing in the coming weeks.
Project & Tenders

Danish wave energy firm gears up for final PTO testing

Danish wave energy technology company Exowave is entering an important phase of developing its wave energy technology, as the power take-off (PTO) system is set for wet testing in the coming weeks. “We’re thrilled to share that the PTO assembly is progressing exceptionally well—faster than expected

about 1 year ago