The NeuConnect energy link that will connect Germany and the UK for the first time is a “key project” and highlights how closely the two countries are working together to make their economies climate-neutral, German President Frank-Walter Steinmeier said during the visit of UK’s King Charles III to
Ørsted has awarded NKT with a supply contract for the delivery of the high-voltage DC on- and offshore export cable system for the Hornsea 3 wind farm offshore the UK. For NKT, the final order has an estimated contract value of approximately €500 million in market prices. The contract will comprise
The UK Government is considering the viability and merits of the Xlinks Morocco–UK Power Project to understand how it could contribute to the UK’s energy security, the government announced in a recent policy paper. The Morocco-UK Power Project is a multi-technology renewable energy project with appr
The Norwegian Ministry of Petroleum and Energy has awarded two new exploration licenses for CO2 storage on the Norwegian continental shelf in the North Sea to four companies. The two exploration licenses are located in the southern part of the North Sea. The eastern license is offered to Aker BP and
The Netherlands Enterprise Agency (RVO) has issued a tender for offshore geotechnical investigations at the Nederwiek Wind Farm Zone. The contracts to be awarded under the tender, which is divided into two lots, are valued at €45.5 million in total. Through the first lot, RVO will award a contract w
Italian energy giant Eni has created a new venture called Enivibes, dedicated to increasing the market value of its proprietary vibroacoustic pipeline monitoring system technology. The establishment of the new venture comes as Eni wishes to enhance the market value of its proprietary technology call
The object that was found adjacent to the Nord Stream 2 pipeline last week has been salvaged, the Danish Energy Agency has confirmed. The salvage, which was carried out at a water depth of 73 meters, was completed on 28 March. According to the Danish Defense, investigations indicate that the object
The UK Government has selected eight successful bidders in the second phase of the carbon capture, utilization and storage (CCUS) cluster sequencing process to proceed to negotiations for support through relevant business models. Following the selection of HyNet and East Coast Cluster as Track-1 CCU
Norwegian shipping investment company ADS Maritime Holding has acquired a 10 per cent stake in a 2017-built dive support vessel (DSV) developed for light subsea construction work and advanced dive support work. With the acquisition, ADS Maritime will act as commercial manager for the DSV Southern St
CSS Subsea has entered into a charter agreement with GO Offshore for a construction support vessel (CSV) used for supporting inspection, maintenance and repair works at oil & gas and renewables projects. CSS Subsea will take delivery of the CSV GO Supporter in early April and the vessel’s first proj
Greece-based Asso.subsea has signed a Memorandum of Understanding (MoU) with Eunice Energy Group for cooperation on the 2 GW electrical interconnection between Greece and Egypt. The project is being developed by the transnational GAP Consortium, founded by Eunice Energy Group, and is aiming to contr
NKT has completed the power cable systems connecting six offshore oil and gas platforms located at Utsira High to the onshore power supply. This is said to play a central role in reducing carbon emissions from the Norwegian continental shelf (NCS) with 1.2 million tonnes annually. NKT has provided t
UK provider of subsea robotics and integrated survey solutions Rovco has set up two business units focused on delivering on a specific area of expertise as part of its plans for greater global and sectoral growth. The company, founded in 2016, will now operate through two separate business units, ea
In a world troubled by climate change and energy crisis, it has become clear that hydrogen will play a significant role in creating a low-carbon energy mix. Multiple studies have explored its advantages in decarbonising hard-to-abate sectors and boosting the security of supplies as new pilot and lar
