Offshore Wind Consultants (OWC) has won a tender to provide support on the geotechnical detailed design investigation for the 1.5 GW Baltica 2 offshore wind farm (BAL02), located in the Polish part of the Baltic Sea. The contract was awarded by Elektrownia Wiatrowa Baltica 2 sp z o.o. OWC will act a
TechnipFMC has reported full-year inbound orders of $8.1 billion for 2022, a 20 per cent increase compared to 2021, said to be driven by $6.7 billion in orders from the Subsea segment. In Q4 2022, the total company revenue was $1,694.4 million, with an adjusted EBITDA, which excludes pre-tax charges
Neptune Energy, Sval Energi and Storegga have submitted an application for a CO2 storage project in the Norwegian North Sea which has the potential to store up to 225 million tonnes of CO2. The application was submitted to the Norwegian Ministry of Petroleum and Energy following the announcement of
UK energy market regulator Ofgem has decided that all electricity interconnector projects that submitted applications in its third cap and floor window will progress to the next phase. This third window was opened for electricity interconnectors able to start operations before the end of 2032 and th
NKT is set to commence the second cable installation campaign for SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) link in the North Sea in March. The £660 million project includes the construction of a 260-kilometer subsea cable from Shetland to the GB mainland, linking Shetland to t
Prysmian has kicked off cable installation of the Elba Piombino project, the new subsea power cable connection between the island of Elba and the Italian mainland. The Italian company will carry out the installation by using its cable-laying vessel Leonardo da Vinci. With a length of 34 km submarine
Saipem and Seaway7 have entered into a commercial collaboration agreement to jointly identify, bid and execute fixed offshore wind projects. Saipem and Seaway7 will pursue selected projects where the combined utilisation of the companies’ complementary assets, technologies, products, and competencie
Norwegian firm Optime Subsea has entered into a long-term framework agreement with oil and gas operator Wintershall Dea regarding the rental of the technology company’s remote-controlled subsea well completion and intervention systems.
Fugro has reported a revenue of €1.76 billion for the whole year of 2022, representing a 14.8 per cent growth in comparison to 2021, said to be due to a 42 per cent increase in offshore wind. Infrastructure and oil & gas were also up, with 7 per cent and 9 per cent respectively. Marine […]
Netherlands-headquartered Fugro is acquiring two platform supply vessels (PSVs) which will be repurposed into geotechnical vessels. Fugro announced the purchase of 2015-built PSVs Topaz Endurance and Topaz Energy as part of its net zero 2035 roadmap. According to the company, these vessels are signi
Eidesvik Offshore and Reach Subsea have formed a joint venture for the ownership and operation of the subsea inspection, maintenance, and repair (IMR) vessel Edda Sun, with Eidesvik as the majority stakeholder. Through the formation of the JV, the Norwegian companies have partnered up to acquire the
Dutch General and Military Intelligence and Security Services (AVID and MVID) have sent a letter to the government together with an update on the latest insights into activities being covertly conducted by Russia, including those that are potentially being carried out in preparation for sabotage of
DOF Subsea Brasil has secured a contract for the charter of its research and survey vessel (RSV) Geoholm in Brazil.
Celtic Sea Power (CSP) has launched a tender for offshore survey services that would inform its project off Pembrokeshire, where CSP plans to build one or two multi-connection offshore substations to support the deployment and grid-connection of floating offshore wind in the Celtic Sea. Under the te
