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DOF signs vessel deals with Subsea7 and Maersk Supply Service
Subsea

DOF signs vessel deals with Subsea7 and Maersk Supply Service

Norway’s DOF Group has secured a contract with Subsea7 and signed an agreement with Maersk Supply Service for two construction vessels. DOF won a contract with Subsea7 for a time charter of the 2008-built Skandi Acergy, a construction vessel equipped with a 400-ton crane and 2,000 m2 deck that has i

about 3 years ago
£9 million grant in place for UK's first HVDC cable factory
Subsea

£9 million grant in for UK’s first HVDC cable factory

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UK-based XLCC has secured a £9 million grant from Scottish Enterprise to continue the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland. The grant follows planning approval of the proposed site from North Ayrshire Council in May. When fully operational, the site i

about 3 years ago
Fugro updates 2027 strategy, plans to expand into CCUS
Subsea

Fugro updates 2027 strategy, plans expansion into CCUS

Fugro is planning to expand into the carbon capture utilization and storage (CCUS) segment as part of its strategy towards 2027. Fugro has updated its strategic agenda with three priorities, including growing and transforming current business, expanding into developing segments, and increasing recur

about 3 years ago
OW Ocean Winds export cables Nexans
Subsea

Nexans kicks off Moray West export cable pull-in work

Nexans has started the pull-in of the first of two export cables at the 882 MW Moray West offshore wind farm off the coast of Scotland. The offshore export cables were manufactured by Nexans at its factory in Halden under a contract signed with Ocean Winds in 2021. The Nexans Skaggerak and the Nexan

about 3 years ago
Wintershall Dea enters second UK carbon capture and storage project
Subsea

Wintershall Dea enters second UK carbon capture and storage project

Carbon Catalyst has completed the farmout of a 10% interest in a carbon capture and storage (CCS) project in the UK North Sea to Wintershall Dea. Carbon Catalyst reported on November 14 that it had completed the farmout of a 10% working interest in the Poseidon carbon storage license located in the

about 3 years ago
N-Sea strengthens subsea activities with 60-meter-long vessel
Subsea

N-Sea strengthens subsea activities with 60-meter-long vessel

Netherlands-headquartered N-Sea is strengthening its fleet and subsea activities with a 2012-built offshore support vessel. N-Sea Group entered into an agreement with Rederij Groen to long-term charter the Dutch-flagged vessel 4-WINDS. The company said that with the long-term charter, it was strengt

about 3 years ago
Illustration; Source: Plexus
Subsea

UK firm lands North Sea deal with Neptune

Plexus Holdings has won a rental contract with Neptune Energy for a plug and abandonment (P&A) project in the UK sector of the North Sea.

about 3 years ago
In focus: Increase in fossil fuel production threatens global climate goals
Subsea

In focus: Increase in fossil fuel production threatens global climate goals

Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new 2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough

about 3 years ago
Prysmian
Subsea

With new orders of €13 billion in the bag, Prysmian pinpoints energy transition and electrification as growth drivers

Prysmian Group has revealed strong results for the first nine months of 2023, with new orders year-to-date amounting to approximately €13 billion.

about 3 years ago
Palfinger has been selected to equip the updated version of the DP3 cable laying vessel Nexans Aurora; Copyright: Skipsteknisk
Subsea

New Nexans cable layer getting ‘extensive’ equipment package from Palfinger

Palfinger has been hired to provide a comprehensive equipment package for Nexans Marine Operations’ new DP3 cable laying vessel (CLV).

about 3 years ago
Surveys completed BlueFloat Energy Renantis ScotWind sites
Subsea

BlueFloat, Renantis complete surveys at Scottish floating offshore wind sites

Preparatory survey work on four new floating offshore wind farms has been completed in the North Sea. Geophysical survey work was completed on BlueFloatEnergy and Renantis Partnership’s ScotWind projects, namely the 900 MW Broadshore project, located 50 kilometers north of Fraserburgh, and the 1.2 G

about 3 years ago
Reach Subsea inks charter contract for low-emission survey vessel
Subsea

Reach Subsea inks charter contract for low-emission survey vessel

Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine

about 3 years ago
Nexans to link Orkney Islands to Scottish mainland
Subsea

Nexans to link Orkney Islands to Scottish mainland

SSEN Transmission has selected Nexans to supply and install the high-voltage cables that will provide a transmission link from the Orkney Islands to the Scottish Highlands. A capacity reservation agreement has been signed and Nexans has committed to reserve manufacturing and installation capacity fo

about 3 years ago
Argeo confirms $4.9 million contract with Shell
Subsea

Argeo details $4.9 million contract win

Following the announcement in early October that it will be working for an “oil and gas supermajor”, Argeo has now revealed the client and remaining details. Argeo announced on November 9 that it had signed a NOK 55 million (over $4.9 million) contract for the Bonga field subsea assets work program

about 3 years ago