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Minesto receives funding for next-generation mooring system
Subsea

Minesto receives funding for next-generation mooring system

The Swedish Energy Agency has awarded Minesto with 2.8M SEK (approximately $267,000) to support the development and testing of a mooring system for ocean energy deployment. The grant co-funds a project through which Minesto will advance the performance of the next-generation tether system that moors

about 2 years ago
Special purpose company established for potential Greek-Saudi electricity interconnector
Subsea

Special purpose company established for potential Greek-Saudi electricity interconnector

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Greece and Saudi Arabia have officially established a special purpose company for exploring the feasibility of an electricity interconnector between the two countries. The special purpose company Saudi Greek Interconnection was established by the Greek electricity grid operator Independent Power Tra

about 2 years ago
Asso subsea cable laying vessel Ariadne
Subsea

Sulmara and Asso.subsea shake hands for multi-year collaboration

Scottish subsea surveys and inspections provider Sulmara and Greek Asso.subsea have signed a master service agreement to collaborate on cable installation operations globally.As part of the multi-year collaboration, Sulmara will support Asso.subsea during cable installation operations and will provi

about 2 years ago
Sweden closes investigation on Nord Stream pipeline incident
Subsea

Sweden closes investigation on Nord Stream pipeline incident

Sweden has decided to close its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were found on the Nord Stream 1 and 2

about 2 years ago
UK-Belgian joint venture buys 25-year-old cable-layer
Subsea

New UK-Belgian joint venture buys 25-year-old cable-layer

UK’s Enshore Subsea and Belgian Herbosch-Kiere have partnered to purchase a 25-year-old cable-laying vessel (CLV) in a newly created joint venture. Herbosch-Kiere and Enshore Subsea have purchased the 1999-built, 88-meter-long Topaz Installer vessel, set to be renamed CMOS Installer. The vessel is m

about 2 years ago
Oceaneering reels in $200 million in new contracts
Subsea

Oceaneering reels in $200 million in new contracts

Oceaneering International has secured multiple contracts during the fourth quarter of 2023 with an anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts in Oceaneering’s Manufactured Products segment range in value from less than $10 million to gr

about 2 years ago
Fugro Pioneer in methanol switch
Subsea

Fugro secures Dutch geophysical survey contract

Fugro has been awarded the geophysical survey contract for the development of the Doordewind offshore wind zone in the Netherlands. Fieldwork is planned to commence in April 2024 and will be conducted with Fugro’s geophysical vessel Fugro Pioneer. Onboard are customized digital streamers and process

about 2 years ago
Green light for Italy's €1.3 billion, 1 GW submarine power line
Subsea

Green light for Italy’s €1.3 billion, 1 GW submarine power line

Italy’s Ministry of Environment and Energy Security has given its approval for the Adriatic Link submarine power line, set to facilitate the integration of renewable sources and support energy transition goals in Italy. The Italian Ministry of Environment and Energy Security authorized, through a de

about 2 years ago
Morten Haug Emilsen, Manager for Well Control at AGR.
Subsea

Vår Energi awards Norwegian firm with long-term well control contract

Norwegian energy services company AGR has secured a long-term contract for the provision of blowout and well control studies and associated services to Vår Energi’s activities on the Norwegian continental shelf (NCS). Under the framework agreement, AGR is set to provide services within blowout conti

about 2 years ago
Shearwater GeoServices goes to India
Subsea

Shearwater GeoServices goes to India

India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) has appointed Norway’s Shearwater GeoServices to deliver an ocean bottom node (OBN) survey off the coast of India. According to Shearwater, the venture will showcase its Pearl node technology aboard the SW Tasman, a vessel

about 2 years ago
Snam gauging market interest in hydrogen and CO2 transport and storage
Subsea

Snam gauging market interest in hydrogen and CO2 transport and storage

Italian energy infrastructure operator Snam, in cooperation with Confindustria, has officially launched a market test on hydrogen demand in Italy and, in partnership with Eni, a collection of non-binding expressions of interest for the transport and storage of CO2 within the framework of the carbon

about 2 years ago
TGS-SLB joint venture embarks on its seventh acquisition program
Subsea

TGS-SLB joint venture embarks on its seventh acquisition program

Norwegian provider of energy data and intelligence TGS and oilfield services company SLB are set to perform ocean bottom node (OBN) multi-client acquisition in the U.S. Gulf of Mexico, representing the seventh program within the seismic joint venture. Starting in the first quarter of 2024, Engageme

about 2 years ago
16-year-old vessel returns to VARD for conversion
Subsea

16-year-old vessel returns to VARD for conversion

A Canadian company active in the offshore oil & gas and energy sectors has appointed Norway’s VARD to convert a platform supply vessel (PSV) that it built 16 years ago into a cable-laying vessel (CLV). I.T. International Telecom Marine (IT) is a Halifax-based marine network installer offering deskto

about 2 years ago
Eidesvik and DEME shake hands for ship management agreement extension
Subsea

Eidesvik and DEME shake hands for ship management agreement extension

Eidesvik Offshore has signed an extension to its ship management agreement with DEME for the construction support vessel (CSV) Viking Neptun. Eidesvik has provided full technical management, crewing and operation of Viking Neptun since December 2022 and this agreement extends the firm period to Janu

about 2 years ago