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OEG Offshore makes multi-million investment to pursue net zero ambitions
Subsea

OEG Offshore makes multi-million investment to pursue net zero ambitions

OEG Offshore has made a multi-million investment in SEAJET Systems, the developer of a trailblazing electric subsea excavation solution that is said to reduce CO2 footprint by 40 per cent. OEG Offshore said that the commitment to SEAJET is a further development in its move into the clean-tech sector

about 3 years ago
TechnipFMC to deliver subsea production systems for two Equinor fields
Subsea

TechnipFMC to deliver subsea production systems for two Equinor fields

Norwegian state-owned energy giant Equinor has awarded TechnipFMC with contracts for the delivery of subsea production systems for two of its development projects located in the Norwegian Sea. The contracts, awarded under a framework agreement with Equinor, will see TechnipFMC supply and install sub

about 3 years ago
Energean - Abu Qir concession in Egypt.
Subsea

Energean and Shell join forces to investigate decarbonisation solution

Energean Egypt and Shell Egypt have entered a Memorandum of Understanding (MoU) to explore a mutually beneficial decarbonisation solution. According to Energean, the MoU is designed to support the decarbonisation and the energy transition of the Arab Republic of Egypt, contributing to global efforts

about 3 years ago
New company for offshore services comes to market
Subsea

New company for offshore services comes to market

France-headquartered Bourbon and Canada’s Horizon Maritime have established a new company with a base fleet of seven vessels dedicated to providing marine services and operations with a focus on the North Sea and Canadian offshore markets. Incorporated in Norway, Bourbon Horizon is strategically pos

about 3 years ago
Asso.subsea connects Greek island-based wind farm to mainland (Gallery)
Subsea

Asso.subsea connects Greek island-based wind farm to mainland (Gallery)

Asso.subsea has completed the installation of the 150 kV submarine cable system which will connect a 330 MW onshore wind farm on the Greek island Evia to the country’s mainland grid. The company announced on 16 February the completion of the submarine export cable installation and protection for the

about 3 years ago
Nexans achieves 'all-time-high' performance, ramps up emissions reduction efforts
Subsea

Nexans achieves ‘all-time-high’ performance, ramps up emissions reduction efforts

Nexans has reported an all-time high adjusted backlog of €3.5 billion for its Generation & Transmission business in 2022, an increase of 51 per cent compared to 2021, said to be pulled by the Celtic Interconnector project. In the “record financial year” for the French cable maker, Generation & Trans

about 3 years ago
BeeX Sulmara University of Strathclyde
Subsea

Low-carbon wind farm integrity monitoring solution gets financial push

A consortium comprising BeeX, Sulmara, and the University of Strathclyde has secured Enterprise Singapore – Innovate UK grant to develop a next-generation autonomous integrity inspection capability for offshore wind turbines. Autonomous robotics specialist BeeX, offshore survey and inspection specia

about 3 years ago
New owner takes delivery of Solstad CSV
Subsea

New owner takes delivery of Solstad CSV

Normand Ships, a wholly owned subsidiary of Solstad Offshore, has delivered the construction support vessel (CSV) Normand Jarl to an undisclosed new owner.

about 3 years ago
Seaway 7 awarded $300+ million cable contract
Subsea

Seaway 7 awarded $300+ million cable contract

Seaway 7, the Renewables & Heavy Lifting business unit of Subsea 7, has been awarded a contract worth between $300 million and $500 million for an undisclosed offshore wind farm project. Under the contract, Seaway 7 will be responsible for the transportation and installation of inter-array and expor

about 3 years ago
With sevenfold increase in backlog, Reach Subsea sees another 'record' year
Subsea

With sevenfold increase in backlog, Reach Subsea sees another ‘record’ year

Norway-headquartered Reach Subsea has achieved “record” high revenue and operating profit for the full year and fourth quarter of 2022, with its order backlog seven times higher than in the year earlier. For the full year of 2022, revenue grew to NOK 1,163 million (around €107.3 million) whereas EBI

about 3 years ago
Norwegian company kicks off new tooling solution project
Subsea

Norwegian company kicks off new tooling solution project

IK-Subsea, a Norwegian supplier of subsea products and services, has started a project to deliver a new tooling solution to an undisclosed Norwegian oil and gas company.

about 3 years ago
Ocean Infinity to survey Buchan wind site
Subsea

Ocean Infinity to survey Buchan wind site

Floating Energy Allyance (FEA) has selected Ocean Infinity to carry out an initial geophysical and geotechnical site investigation at its Buchan floating offshore wind project in Scotland. This represents an important step in the design and assessment process of the project, with the survey campaign

about 3 years ago
Siem vessel set for work in Brazil
Subsea

Siem vessel set for work in Brazil

Siem Offshore’s research vessel for subsea use Siem Dorado is preparing to carry out a term campaign for marine geophysical service provider PXGEO in Brazil.

about 3 years ago
Subsea 7-DeepOcean consortium secures work with Equinor
Subsea

Subsea 7-DeepOcean consortium secures work with Equinor

A consortium of Subsea 7 and DeepOcean has secured two contracts with Equinor for the Irpa and Verdande field development projects located in the Norwegian Sea. The contract for the Irpa field development includes engineering, transportation and installation of a MEG pipeline, a production riser, um

about 3 years ago
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