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Subsea7 tendering work for 'major' EPCI projects with offshore activity in 2026 and beyond
Subsea

Subsea7 tendering work for ‘major’ EPCI projects with offshore activity in 2026 and beyond

Subsea7 has reported revenue of $1.6 billion for the third quarter of the year, an increase of $174 million or 12% compared to the same period in 2022, mainly due to significantly increased activity in the Subsea and Conventional business unit. With this, the company said it was on track to meet gui

about 2 years ago
Egyptian govt taps Jan De Nul for Egypt-to-Europe undersea export cable
Subsea
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Egyptian govt taps Jan De Nul for Egypt-Europe undersea export cable

Jan De Nul has signed an agreement with the Egyptian government, represented by the Egyptian Electricity Transmission Company (EETC), to start a study for the construction of an undersea export cable between Egypt and Europe. In late September, the Egyptian government reaffirmed its plans to build a

about 2 years ago
Argeo formalizes AUV order with Kongsberg
Subsea

Argeo formalizes AUV order with Kongsberg

Marine survey contractor Argeo has formally signed the contracts with Kongsberg for the purchase of three Hugin autonomous underwater vehicles (AUVs). In September Argeo announced the purchase of three new AUVs from Kongsberg, two Hugin Superiors and one Hugin 6000. The contracts for all three vehic

about 2 years ago
Northern Lights storage tanks
Subsea

Northern Lights, Yara seal binding CO2 transport and storage deal

Norwegian-based ammonia player Yara International has signed a binding commercial agreement with Northern Lights, a CO2 transport and storage supplying JV created by energy majors Shell, Equinor, and TotalEnergies, which is expected to pave the way for the world’s first cross-border transportation a

about 2 years ago
Illustration; Source: TotalEnergies
Subsea

In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

23 minutes read
Sumitomo subsidiary enters UK carbon storage sector
Subsea

Sumitomo subsidiary enters UK carbon storage sector

Carbon Catalyst has entered into an agreement with Summit Energy Evolution Limited (SEEL), a wholly owned subsidiary of Sumitomo Corporation, for the farmout of a 10% interest in a North Sea carbon capture and storage (CCS) project. Carbon Catalyst announced it had reached an agreement with SEEL to

about 2 years ago
Neptun Deep offshore platform simulation
Subsea

Greek firm to deliver pipeline for first deepwater offshore project in Romania

Corinth Pipeworks, the steel pipe segment of Cenergy Holdings, has won a contract to manufacture and supply the pipeline for OMV Petrom’s deepwater natural gas project offshore Romania. Corinth Pipeworks, as subcontractor of Sumitomo Corporation Europe, will manufacture and supply approximately 160

about 2 years ago
Palfinger equipment for Prysmian's news cable-laying vessel
Subsea

Prysmian’s new cable-laying vessel to sport Palfinger equipment

Palfinger has been appointed to deliver a major equipment package for Prysmian’s new cable-laying vessel (CLV). Palfinger will supply Monna Lisa with an extensive equipment package similar to the one supplied for Prysmian’s previous cable-laying vessel Leonardo da Vinci. The equipment package consis

about 2 years ago
A photo of an Orsted offshore wind farm
Subsea

Terna Energy secures survey permit for wind farm sites offshore Greece

Terna Energy has been granted one out of the two first exploration and survey licenses issued for pilot offshore wind projects in Greece. The two licenses refer to the area south of the coastline of the Evros regional unit and northeast of Samothrace that has been defined as a development area for p

about 2 years ago
After Belgium, Norway exploring options for hybrid interconnectors with two other countries
Subsea

After Belgium, Norway exploring options for hybrid interconnectors with two other countries

Just shortly after the announcement that it was investigating the feasibility of a hybrid interconnector between Belgium and Norway, news came in that the Norwegian transmission system operator (TSO) Statnett is exploring options for interconnectors with Denmark and Germany. Danish TSO Energinet rep

about 2 years ago
Belgium and Norway looking into hybrid interconnector
Subsea

Belgium and Norway looking into hybrid interconnector

Belgian and Norwegian transmission system operators (TSOs) Elia and Statnett are investigating the economic and technical feasibility of a hybrid interconnector that would link the two countries. The subsea cable would link the high-voltage grids of the countries while also being connected to Norweg

about 2 years ago
Fugro Lithuania Fugro Frontier
Subsea

Fugro to survey site for Lithuania’s first offshore wind farm

Ignitis Renewables has awarded Fugro a contract to conduct a geophysical survey at Lithuania’s first offshore wind farm site. In October, Ignitis Renewables, together with Ocean Winds, was confirmed as the winner of Lithuania’s first offshore wind tender after the joint venture was selected in the a

about 2 years ago
Rem Offshore vessels win contracts worth over $138 million
Subsea

Rem Offshore vessels win contracts worth over $138 million

Norway’s Rem Offshore has secured several long-term contracts for its vessels that have a total value of just over NOK 1.5 billion and are set to ensure high fleet utilization in the coming years. 2013-built subsea vessel Rem Inspector has been awarded contracts for work on offshore wind projects in

about 2 years ago
Buchan wraps up offshore site investigations for 1 GW Scottish floater
Subsea

Buchan wraps up offshore site investigations for 1 GW Scottish floater

Buchan Offshore Wind, a consortium comprising BayWa r.e., Elicio, and BW Ideol, has completed offshore site investigations for the 1 GW floating wind farm in Scotland. Ocean Infinity, who commenced the surveying process for Buchan Offshore Wind in April this year, used the Normand Superior vessel to

about 2 years ago