When it comes to securing energy for the future in a sustainable way, we have reached a junction where we have to choose a way forward.
Turkey’s latest drillship, bought last year from a South Korean shipyard, is set to join three other drillships as the country is working to develop its gas resources amid a growing need for the security of supply.
American Shipping Company has acquired a new OCV and signed a long-term bareboat contract for this vessel with Solstad Offshore.
Norway’s Ministry of Petroleum and Energy (MPE) has tasked the Norwegian Petroleum Directorate (NPD) with conducting surveys in connection with awarding acreage for offshore wind. The NPD will plan and implement a tendering process for preliminary surveys in the areas of Sørlige Nordsjø II and Utsir
Seismic processing specialist RockWave has completed reprocessing of multiple seismic datasets on behalf of Ørsted and PGE Baltica for Baltica 2 and Baltica 3 offshore wind farms.
The UK regulator has awarded two carbon storage licences in the North Sea – to store up to 23 Mtpa of CO2 by 2038 – to BP and Equinor.
Robert Gordon University and the University of Strathclyde have signed a five-year Memorandum of Agreement (MOA) to collaborate in research and technology development at the National Subsea Centre (NSC). NSC is a centre of excellence for subsea research and technology development and is delivered th
Ofgem has approved National Grid’s request to make early payments to consumers of £200 million over the next two years as part of the regulatory regime for electricity interconnections. National Grid has offered to pay interconnector revenues ahead of schedule rather than at the end of the standard
Ireland-based ocean data company XOCEAN has completed the acquisition of compatriot hydrographic survey company Geomara as part of its strategic global growth plan. The acquisition follows the investment of €8 million in September last year aimed to accelerate XOCEAN’s growth. Geomara has been provi
Sustainability-led infrastructure and private equity investment manager Foresight Group Holdings Limited has acquired a majority stake in the MaresConnect interconnector project. The firm completed the acquisition through its energy transition fund Foresight Energy Infrastructure Partners (FEIP), wh
Havfram has secured a contract with PC Mauritania 1 Pty. Ltd. a wholly-owned subsidiary of Petronas, to provide engineering, procurement, retrieval and disposal (EPRD) services for the abandonment and decommissioning of subsea facilities at the Chinguetti and Banda fields offshore Mauritania. Under
PGNiG Upstream Norway plans to produce an additional volume of approximately 0.5 billion cubic meters of natural gas this year.
BP has awarded Subsea 7 with a contract for the TOPR project located offshore Trinidad and Tobago. The project covers the installation of a 96-kilometer 12-inch pipeline in water depths of up to 280 feet, associated shore approach and diver tie-in spools. Project management and engineering will take
MMA has secured an integrated vessel and subsea services contract to provide offshore construction support services in Qatar. The multi-purpose support vessel MMA Pinnacle will be deployed in Qatar to provide a range of subsea services in support of a tier-one contractor working on a pipeline instal
