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In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future
Subsea

In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future

As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.

about 5 years ago
Ashtead Technology to begin trading on London stock exchange
Subsea

Ashtead Technology to begin trading on London stock exchange

Ashtead Technology is set to begin publicly trading on the London Stock Exchange’s Alternative Investment Market (AIM) on 23 November with support from new institutional investors.

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about 5 years ago
Baltic Pipe now connecting Polish and Danish coasts
Subsea

Baltic Pipe now connecting Polish and Danish coasts

The construction of the Baltic Pipe offshore section has been completed as the last weld was made on the gas pipeline connecting the coasts of Denmark and Poland.

about 5 years ago
Statnett’s record revenues from interconnectors to reduce grid tariffs
Subsea

Statnett’s record revenues from interconnectors to reduce grid tariffs

Statnett has reported record revenue of nearly NOK 3 billion (around $331.8 million) so far from interconnectors to other countries which will be passed on to Norwegian consumers through a reduction in grid tariffs.

about 5 years ago
Active fleet steers Subsea 7 figures forward
Subsea

Active fleet steers Subsea 7 quarterly figures forward

Subsea 7 has reported a revenue of $1.45 billion for the third quarter of 2021, up 53% year-on-year, said to be driven by the very high utilization of the active fleet.

about 5 years ago
Correll wins another Kaskasi contract
Subsea

Correll wins another Kaskasi contract

Correll Group has secured a contract with Asso.subsea to carry out the export cable pull-in at the Kaskasi II offshore wind project in Germany.

about 5 years ago
CRP Subsea targets renewables with new manufacturing facility
Subsea

CRP Subsea targets renewables with new manufacturing facility

CRP Subsea has made a large-scale investment in a new manufacturing facility to support its transition from primarily oil & gas into the renewables market.

about 5 years ago
OWC secures geo work at Irish 1 GW floating wind project
Subsea

OWC secures geo work at 1 GW Irish floating wind project

Offshore Wind Consultants (OWC) has secured a contract with DP Energy to carry out geophysical and geotechnical site characterization at the potential 1 GW Inis Ealga Marine Energy Park (IEMEP) floating offshore wind project in Ireland.

about 5 years ago
Reach Subsea books Olympic Subsea trio for next year
Subsea

Reach Subsea books Olympic Subsea trio for next year

Reach Subsea has entered into an agreement with Olympic Subsea for the extension of contracts for two subsea vessels and a new contract for one vessel for the 2022 season.

about 5 years ago
Offshore wind cable market to grow six-fold this decade – RenewableUK
Subsea

Offshore wind cable market to grow six-fold this decade – RenewableUK

The market for offshore wind farm cables is set to grow six-fold over the course of this decade, according to a new report published by RenewableUK. The global market for subsea power cables is divided between array cables which run between the turbines of an offshore wind farm connecting them to th

about 5 years ago
James-Fisher-done-with-phase-one-of-Sofia-UXO-ID-campaign
Subsea

James Fisher done with first phase of Sofia UXO ID campaign

James Fisher Renewables has completed the first part of a two-phase campaign to investigate unexploded ordnance (UXO) and potential archaeological features at the site of RWE’s Sofia offshore wind project in the UK, ahead of the installation of export cables.

about 5 years ago
Image showing MPS' floating wind and wave energy device (Courtesy of MPS)
Subsea

MPS hires Principia for floating wind and wave engineering job

Marine Power Systems (MPS) has appointed Principia as lead contractor on detailed design and engineering of the floating platform that will support both wind and wave energy generating devices.

about 5 years ago
SeaBird inks LoI for two-vessel OBN project
Subsea

SeaBird inks LoI for two-vessel OBN project

SeaBird Exploration has received a letter of intent (LOI) for the provision of two source vessels for an ocean bottom node (OBN) project.

about 5 years ago
Survey call for Netherlands-UK subsea gas pipeline
Subsea

Survey provider wanted for Netherlands-UK gas pipeline

Dutch gas infrastructure company Nederlandse Gasunie is calling interested parties to apply for a tender seeking survey services for the subsea gas pipeline between the Netherlands and the United Kingdom.

about 5 years ago