Elering has confirmed the detection of the fault location in Estonia and the duration of the out-of-service period for EstLink 2.
Fugro has reported revenue of €2.2 billion for 2023, a 27.5% growth from €1.7 billion in 2022, said to be driven by high client demand in energy markets. For the full year of 2023, Fugro reported it had realized revenue growth on a currency-comparable basis by capturing high client demand in the off
Norwegian seismic company PGS is switching to energy-efficient lighting for eight of its seismic vessels as part of its sustainability targets and desire to comply with emission reduction targets and new regulations. PGS appointed compatriot lighting company Glamox to deliver energy-saving lighting
Subsea specialist Sulmara has launched a new business line, expanding its services with the aim of reducing the risks clients face in subsea operations and helping them meet their net-zero targets. The new Route Development business line will see the company provide a range of support from the plann
Helix Energy Solutions has got its hands on a long-term joint decommissioning agreement with Talos Energy.
Offshore ship-owning group Atlantic Oceanic (UK) has acquired an advanced DP2 multi-purpose supply vessel (MPSV) as part of its ongoing fleet growth program. The vessel, named Atlantic Spirit and previously known as Tek-Ocean Spirit, is an 87-meter-long specialist MPSV equipped with a DP2 dynamic po
After another year of active tendering, Subsea7 secured $7.4 billion of contract awards in 2023, taking its backlog to $10.6 billion, a year-end level last seen in 2013. In its full-year 2023 financial report, Subsea7 reported revenue of $6 billion, an increase of $838 million or 16% compared to the
Siemens Energy and sub-contractor Jones Bros Civil Engineering are nearing completion of the enabling works for the UK converter station of NeuConnect, the first-ever energy link between the UK and Germany. The works have included the construction of a 50,000m2 platform for the new converter station
Norway-based ocean services provider DeepOcean has won a contract with Equinor for the delivery of pipeline inspection and survey scopes on the operator’s pipelines in the North Sea. DeepOcean’s responsibilities include pipeline inspections, seabed mapping, ad-hoc pipeline surveys, and light constru
Greek Corinth Pipeworks, the steel pipes segment of Cenergy Holdings, has secured a contract with TechnipFMC to deliver steel pipes for Aker BP’s development in the North Sea. Corinth Pipeworks will deliver 27 kilometers of high-frequency welded (HFW) steel pipes for the Utsira High Project developm
The work on the vertical lay-up machine (VLM) for JDR’s new cable factory in the UK is now well underway in Klaipeda, Lithuania, where Norway-headquartered PASSER Group recently opened a new fabrication facility. The Group has revealed that, besides expanding its production capacity, it is also look
Shell Nigeria Exploratioration and Production Company (SNEPCo), a subsidiary of the UK-headquartered energy giant Shell, has completed the first remotely controlled well completion operation in 1,060-meter water depth offshore Nigeria. The operation, performed at the Bonga field, was conducted using
Siem Offshore has reported operating revenues of $336 million for the fiscal year 2023, an increase from $274.3 million in 2022, and $85.2 million for Q4 2023, compared to $64.3 million in Q4 2022, said to be caused by an uplift in charter rates, generated by increased demand for offshore support ve
The Netherlands Enterprise Agency (RVO) plans to publish a European tender in the first half of April for geotechnical surveys of the Huibertgat and Ballonplaat sites in the Netherlands. The objective of the tender is to conclude an agreement with one or more tenderers who can carry out geotechnical
