‘Actions, not words’ perfectly summarizes the general feeling of environmental activists who took the front line in fight against fossil fuels industry and its supporters. Living up to their creed, however, is the maritime sector which has also stepped up efforts on a global level to adopt more envi
Ørsted now expects costs to reinstate the integrity of inter-array cables affected by cable protection issues at some of the company’s offshore wind farms to amount to up to DKK 1.3 billion (around EUR 175 million) and not up to DKK 3 billion as initially anticipated. As reported, Ørsted discovered
A Dublin-headquartered company has made an application to Ofgem for a licence that would allow it to participate in the operation of a new subsea and underground electricity interconnector.
Xlinks is in discussion with the UK Government about Contract for Difference (CfD) support for the planned interconnector between Morocco and the UK. According to Xlinks, the power project will be capable of supplying 8% of Great Britain’s electricity needs at £48/MWh for 25 years under the current
Offshore construction work has now officially started on what will become the world’s largest offshore wind farm with the installation of the first length of the HVDC export cable off the Yorkshire coast. NKT has commenced work on the laying of the nearshore cable for Dogger Bank A, the first of the
Huisman has won a contract from the USA-based Great Lakes Dredge & Dock Company, LLC (GLDD) for the delivery of rock installation equipment to be fitted on the company’s newbuild subsea rock installation vessel. The equipment will support GLDD’s ability to play a significant role in the development
Subsea 7 has reported a revenue of $1.2 billion in the first quarter of 2022, an increase of $197 million or 20% compared to Q1 2021, said to reflect strong growth in the Subsea and Conventional business unit. According to the UK-based company, the increase in revenue is impacted by significant acti
The consulting engineering company Multiconsult has completed a geotechnical survey campaign at Markoppneset, Hammerfest, Norway for Horisont Energi and the Barents Blue ammonia project.
TechnipFMC has reported $1.9 billion of inbound subsea orders in the first quarter of 2022, an increase of 83% when compared to the fourth quarter of 2021, resulting in a book-to-bill of 1.5. For the Subsea segment, TechnipFMC reported revenue of $1,289.1 million, a 4.3% increase from the fourth qua
Danish energy operator Energinet has issued a tender looking for consultancy services for the expected subsea cable routes of the planned Energy Islands in the North and Baltic Seas. The scope of work includes consultancy services regarding the external threat and risk assessment as well as assessme
Energinet has completed all work on the Baltic Pipe project in the North Sea, after several years of preparation and construction work. According to the Danish transmission system operator (TSO), the extensive construction work in the North Sea has been completed and this weekend there was a “hole t
Nauticus Robotics is set to launch the first sets of Hydronaut – Aquanaut robots from its planned Nauticus Fleet by the end of this year. These tandem pairs will be deployed in multiple offshore industries serving applications ranging from subsea maintenance and intervention to data collection activ
Norway’s PGS has leveraged its multi-year frame agreement with compatriot oil and gas giant Equinor to secure contracts for the 2022 summer season. PGS will be carrying out 4D GeoStreamer monitoring surveys over the Visund field in the North Sea and the Snøhvit field in the Barents Sea. The company
Woodside has completed more than half of the work related to its Sangomar project in Senegal, but a subsea part of the work is lagging.
