As the UNEP points to slow progress on achieving 1.5°C target, it is more urgent than ever to put pledges into action, and accelerate the transition with strong support from the financial sectors.
Fugro has reported a revenue of €480.2 million for the third quarter of 2022, an increase of 17.4% compared to €378 million in Q3 2021, said to be supported by high demand for offshore wind solutions. The increase in revenue was fuelled by ongoing high client demand across markets, most notably rene
Project developer of the EuroAsia Interconnector and the Cypriot and Israeli delegations have met in Nicosia, Cyprus, to discuss the electricity link that will connect Israel, Cyprus, Greece and continental Europe. A delegation of the Israeli and Cypriot Ministries of Energy, the Israeli and Cypriot
Offshore Energy Exhibition & Conference 2022, coming up on 29 and 30 November in Amsterdam, will feature a Hydrogen Area for the first time, with TotalEnergies, Strohm, Green Team Twente, Shell, and TU Delft Hydro Motion Team set to join this inaugural moment for Offshore Energy and Navingo BV.
NKT has completed the construction of the second extrusion tower for high-voltage power cables at its factory in Karlskrona, Sweden. NKT can now start manufacturing high-voltage power cables in the new tower, designated as NKT Lighthouse, in the fourth quarter of the year. The 150-meter tall tower i
Danish Ørsted, said to be the world’s leading offshore wind developer, and Norway’s energy giant Equinor have entered into an agreement under which Equinor will supply Norwegian gas to Denmark via Baltic Pipe from 1 January 2023 to 1 April 2024. The total volumes of gas supplied during the period wi
DOF Group has reported that its fleet achieved an average utilization of 88% in the third quarter of 2022, an increase from 83% in the same period last year, backed by “continued high activity and good performance” in subsea regions. In Q3 2022, DOF’s revenue totaled NOK 2,862 million, an increase f
DeepOcean has signed a charter agreement with shipowner Simon Møkster Shipping for the Stril Server multi-purpose support vessel (MPSV), set to be deployed in the renewables and oil & gas markets. Under the two-year agreement, Stril Server will provide subsea inspection, maintenance, and repair (IMR
Energy and marine consultancy ABL Group has acquired the operations of a well control equipment specialist, HOSE International.
DOF Group has secured a contract extension in Brazil for one of its anchor handling tug supply (AHTS) vessels, as well as new vessel contracts in West Africa and in the North Sea. Norskan Offshore, DOF’s Brazilian subsidiary, signed a contract extension with Petrobras for the 21.000 class Brazilian
Van Oord’s new cable-laying vessel Calypso is en route to the VARD Brattvaag yard in Norway for construction finishing, following its launch at the VARD Tulcea shipyard in Romania last week. Van Oord placed an order with VARD for the 131-meter-long vessel at the end of 2020 as part of the strategy t
Scottish marine energy company Orbital Marine Power has launched a tender for the geophysical survey services at the site located offshore Orkney Islands.
NKT Victoria has completed cable laying works for the Shetland HVDC Link as part of the first cable installation campaign which begins at Noss Head, North of Wick. The trenching vessel, Grand Canyon III, has also completed trenching the cable to the required burial depth in the seabed as part of Cam
Norway’s Magseis Fairfield and the Dutch Fugro have signed a global cooperation agreement to work on project opportunities including wide area 3D ultra high-resolution surveys (3D UHR) for the offshore renewables and carbon capture and storage (CCS) markets. The companies said they will jointly purs
