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Türkiye‘s national oil & gas company enters Bulgarian offshore license as partner to Shell
Subsea

Türkiye‘s national oil & gas company enters Bulgarian offshore license as partner to Shell

Türkiye‘s national oil & gas giant Türkiye Petrolleri A.O. (TPAO) has become a partner in an offshore exploration license in Bulgaria, located near Sakarya, Türkiye’s largest natural gas field. TPAO reported today, February 18, that it had, as a partner, joined the exploration license in the Khan Te

about 8 months ago
Hellenic Cables nets inter-array contract for BC-Wind project in Poland
Subsea
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Hellenic Cables nets inter-array contract for BC-Wind project in Poland

DEME has awarded Hellenic Cables with a contract for the supply of inter-array cables for the 390 MW BC-Wind offshore wind project in Poland, developed by Ocean Winds. Under the contract, the Greece-based manufacturer will be responsible for the design, engineering, manufacturing, testing, and suppl

about 8 months ago
Offshore construction on Polish Bałtyk 2 & 3 wind farms starts with subsea rock installation
Subsea

Offshore construction on Polish Bałtyk 2 & 3 wind farms starts with subsea rock installation

Offshore construction has begun on the Bałtyk 2 and Bałtyk 3 offshore wind projects in Poland, developed by Equinor and Polenergia, which will together have 100 wind turbines and an installed capacity of 1.4 GW. The 2026 offshore construction campaign will see the installation of 100 monopiles, tran

about 8 months ago
VARD delivers newly converted seismic source vessel to Sanco Shipping
Subsea

VARD delivers newly converted seismic source vessel to Sanco Shipping

Norway’s VARD has delivered the seismic source vessel Sanco Sailor to compatriot Sanco Shipping, following the completion of conversion from a seismic research vessel. Sanco Shipping purchased Sanco Sailor in July 2025, at the time named PGS Apollo, after which the 2010-built, 106.6-meter-long vesse

about 8 months ago
Five companies lined up for Scotland’s €1B subsea electricity network upgrade
Subsea

Five companies lined up for Scotland’s €1B subsea electricity network upgrade

Scottish and Southern Electricity Networks (SSEN) Distribution has selected five contract partners to help deliver future investment of up to £950 million (about €1.09 billion) in the Scottish subsea electricity network and support the multi-year framework to renew and upgrade subsea electricity lin

about 8 months ago
Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Subsea

Chevron, Helleniq Energy win leases to explore four blocks offshore Greece

U.S.-headquartered Chevron, through its four Dutch subsidiaries, and Greece’s Helleniq Energy have signed lease agreements with the Greek government for the exploration of four blocks offshore Greece. The awarded consortium, in which Chevron holds a 70% operating interest and Helleniq Energy a 30% i

about 8 months ago
NextGeo vessel en route to Middle East to support Saipem
Subsea

NextGeo vessel en route to Middle East to support Saipem

Next Geosolutions’ recently purchased offshore subsea construction vessel (OSCV) is currently en route from Italy to the Middle East to commence operations for Saipem. Last month, Next Geosolutions (NextGeo) reported that it had acquired the OSCV Siem Day from Norway’s Siem Day II for a purchase pri

about 8 months ago
WATCH: Island Offshore’s hybrid ocean energy construction vessel launches in Romania
Subsea

WATCH: Island Offshore’s hybrid ocean energy construction vessel launches in Romania

Norwegian shipbuilder VARD has launched into the water the first of two hybrid power ocean energy construction vessels (OECVs) it is building for compatriot shipping group Island Offshore. The vessel, marked NB 977, touched the water at Vard Shipyards Romania – Brăila on February 9, with outfitting

about 8 months ago
Hunting strengthens its subsea arsenal with new acquisition
Subsea

Hunting strengthens its subsea arsenal with new acquisition

London-headquartered energy services provider Hunting has acquired compatriot Flexible Engineered Solutions (FES), a move made to strengthen its subsea growth and support the company’s 2030 ambitions. FES is based in Ashington and is focused on the design, manufacture, and testing of highly engineer

about 8 months ago
Subsea interconnector between two Canary Islands crosses finish line (Video)
Subsea

Subsea interconnector between two Canary Islands crosses finish line (Video)

Spanish transmission system operator (TSO) Red Eléctrica has completed the interconnection between the islands of Tenerife and La Gomera in Spain, reinforcing the security of supply in the Canary Islands. The interconnection consists of a 66 kV double-circuit line, with a 36-kilometer underwater sec

about 8 months ago
Survey underway at Italy’s first CCS project
Subsea

Survey underway at Italy’s first CCS project

An offshore geophysical monitoring survey has commenced at the first carbon capture and storage (CCS) project in Italy, which will use depleted natural gas fields in the Adriatic Sea for the storage of CO2 from industrial districts. Bologna-based offshore survey and geoscience company Lighthouse Geo

about 8 months ago
Illustration; Source: IPTO
Subsea

EIB and Greek TSO agree on €1.9B financing for Dodecanese interconnection

The European Investment Bank (EIB) and Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO) have signed a deal for €1.9 billion financing for the development of an interconnector that will eliminate the electrical isolation of the islands of Kos, Rhodes and Karp

about 8 months ago
Prysmian acquires Spanish firm for €169 million
Subsea

Prysmian acquires Spanish firm for €169 million

Italian cabling giant Prysmian Group has completed the acquisition of ACSM, a Spanish provider of solutions for submarine cable installation, including subsea surveying, route planning and seabed preparation. Based in Vigo, ACSM has been operating for over 20 years across 60 countries, with over 350

about 8 months ago
Aquaterra Energy chosen for multi-well intervention and abandonment in Spain
Subsea

Aquaterra Energy chosen for multi-well intervention and abandonment in Spain

Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a contract with an undisclosed client for well intervention and abandonment services offshore Spain. Aquaterra Energy said that the contract, worth seven figures and encompassing multiple years, will see

about 8 months ago