U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured an investment before the close of 2023 said to have eliminated many of the dilutive warrants and ratchet provisions of the original de-SPAC financing in the process. The new investment is the first t
CRP Subsea, part of AIS, has secured what it says is a “substantial contract” to deliver distributed buoyancy modules (DBMs) to an oil field project offshore Brazil. CRP Subsea said the contract was awarded by a “leading energy technology company” for a deepwater oil field project situated in the pr
Wood Thilsted is starting ground modeling and foundation concept design work for the first offshore wind farm in Lithuania, on behalf of Ignitis Renewables. The work, taking place this year, consists of developing a site ground model, support to the geotechnical campaign and a variety of foundation
Norway’s DeepOcean is set to charter a converted, battery-powered offshore support vessel from shipowner Island Offshore to further enhance its subsea offering to the offshore renewables and oil & gas industries. DeepOcean has entered into a long-time charter agreement with Island Offshore for the I
Minesto has completed the Dragon 12 offshore infrastructure in Vestmannasund, Faroe Islands, marking readiness for power production with the achieved connection of the export cable to the foundation. According to Minesto, completion of infrastructure subsea included re-locating the pre-installed jun
Bourbon Subsea Services installed a floating electrical hub (FEH) at the EolMed pilot floating wind farm site in France in Autumn 2023, the company revealed on January 9. The FEH will be connected to the project’s three floating wind turbines on one side and to the export cable on the other to enabl
France-headquartered CGG and Dutch C-Questra have signed a commercial cooperation agreement in carbon capture, utilization, and sequestration (CCUS). “The purpose of the cooperation agreement is quite simply to go much faster. CGG contributes human and technological resources, while C-Questra implem
Tracerco has secured a million-dollar contract in the Gulf of Mexico, under which the company will deploy its pipeline inspection technology, Discovery, across a number of oil and gas platforms in the region. This new technology will be utilized by three leading U.S. energy companies, all of whom op
Norwegian energy major Equinor and global industrial gases and engineering company Linde have signed a project development agreement to work as partners on the H2M Eemshaven low-carbon hydrogen project in the Netherlands. Equinor’s H2M Eemshaven project aims to build a production facility in the Eem
The Norwegian Ministry of Energy has approved PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, as operator and partner with Horisont Energi in the only CO2 storage located in the Barents Sea. Horisont Energi and PUN announced a sales purchase agreement on December 11, 2023, making PUN a li
A final investment decision (FID) has been taken to develop an innovative natural gas and CO2 separation and reinjection facility for the Mero field offshore Brazil, developed by the Libra Consortium and operated by Petrobras. The pilot unit, using a pioneer high-pressure subsea separation technolog
Kraken Robotics has completed a cable burial survey on behalf of Asso.subsea along the 16-kilometer export cable that runs from the Gode Wind 3 offshore substation to the Dolwin Kappa platform. The operation was conducted from the MSV Astrea, employing the advanced Sub-Bottom Imager™ (SBI). Kraken R
Great Lakes Dredge & Dock, together with its consortium partner Van Oord, has been informed by Empire Offshore Wind, a joint venture between BP and Equinor, of the termination of the rock installation contract for the Empire Wind 2 offshore wind project which was set to commence in 2026. In 2022, th
Aker BP has teamed up with technology provider Vissim to adopt an upgraded oil spill detection solution across its key offshore installations. Set to be installed at Aker BP’s major facilities, including Valhall, Ula, Edvard Grieg, Ivar Aasen, Alvheim, and Skarv, this upgraded, radar-based oil spil
