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Subsea

VARD cuts steel for Taiwan-bound subsea construction vessel

Norway’s VARD has cut the first steel for an offshore subsea construction vessel (OSCV) it is building for Taiwan-based Dong Fang Offshore (DFO). The 121.3-meter-long vessel of VARD 3 39 design is said to be a highly versatile platform designed and equipped for subsea operation duties, offshore wind

about 1 year ago

Subsea

NextGeo opens entity in ‘region of crucial importance for oil & gas sector’

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Italy’s Next Geosolutions (NextGeo) has opened a new entity in the Middle East, described as a strategic initiative as part of the company’s expansion plan, aimed at strengthening its operational capacity in a “region of crucial importance for the oil & gas sector”. Next Geosolutions Middle East (FZ

about 1 year ago

Subsea

Marco Polo Marine unveils next-gen CSOV for offshore wind, oil & gas subsea operations

Marco Polo Marine has contracted Norway’s Salt Ship Design to develop what the Singapore-based company says is a next-generation commissioning service operations vessel (CSOV), dubbed CSOV Plus, set to serve offshore wind and oil & gas markets. The new vessel is expected to enter service in 2028. Th

about 1 year ago

Subsea

New Nordic deal paves the way for Finland to store CO2 offshore Norway

Finland and Norway have signed a Memorandum of Understanding (MoU) that enables the transport of CO2 from Finland, whose soil is unsuitable for permanent CO2 storage, to Norway for geological storage under the seabed. The MoU was signed on September 4 by the Finnish Minister of Climate and the Envir

about 1 year ago

Visualization of Amprion's BalWin alpha platform designed by Tractebel Overdick

Subsea

RWE, Apollo Global Management forming joint venture to invest €3.2 billion in German TSO

RWE and the global asset manager and infrastructure investor, Apollo Global Management, have signed an agreement under which Apollo will pay €3.2 billion to RWE in exchange for an equity stake in a to-be-established joint venture (JV), which will hold RWE’s existing 25.1% stake in the German transmi

about 1 year ago

Subsea

OneSubsea’s ‘cutting-edge’ tool enables Shell’s field to step up on the gas

OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has revealed that its subsea compressor system, which recently came online at a Shell-operated natural gas field in the Norwegian Sea, will allow the operator to unlock new gas supplies for Europe.

about 1 year ago

Subsea

NextGeo finalizes acquisition of share in Italian subsea services firm

Italy-headquartered Next Geosolutions (NextGeo) has completed the acquisition of 75.4% of the share capital of RANA Subsea, a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening its range of service

about 1 year ago

Subsea

NKT wins €650 million power cable contract for Bornholm Energy Island

NKT has signed a contract with the Danish transmission system operator (TSO) Energinet to deliver a high-voltage direct current (HVDC) power cable system for the offshore interconnector linking the Bornholm Energy Island to the power grid on Zealand in Denmark. NKT’s scope of work includes the deliv

about 1 year ago

Subsea

Tentacle-like subsea robot seeks to slash offshore inspection costs and improve personnel safety (Video)

A UK-Brazilian partnership has developed a tentacle-like underwater robot that could remove the need for large vessels and human divers for offshore inspections and enable smaller underwater vehicles to perform sophisticated inspection tasks, thereby reducing operational costs and improving personne

about 1 year ago

Subsea

Huge 27-year-old pipelayer prepares for major upgrade after producing final double joint

Allseas’ Solitaire, one of the world’s largest pipelay vessels, has produced its final double joint in its current setup before starting a major modernization process that will further advance its installation capabilities and production efficiency. Allseas announced at the beginning of this year th

about 1 year ago

Subsea

UK-Dutch interconnector in limbo after developer requests and gets license revocation

UK energy market regulator Ofgem has revoked the license for a planned UK-Netherlands electricity interconnector in response to the developer’s request, submitted after not securing a cap and floor license. A gas interconnector license was granted to NU-Link Interconnector UK Ltd in February 2023, a

about 1 year ago

Subsea

Inter-array cable installation starting at Dogger Bank C

DEME’s cable-laying vessel (CLV) Viking Neptun is scheduled to start installing the first inter-array cables at the Dogger Bank C offshore wind farm site in the UK on or around September 7. The vessel will lay the inter-array cable onto the seabed, where the cable will remain exposed until trenching

about 1 year ago

Prysmian, Sembcorp and SACE collaborating on potential energy transition projects in Southeast Asia

Subsea

Prysmian, Sembcorp and SACE ink energy transition deal for Southeast Asia

Italian cabling company Prysmian Group has signed a Memorandum of Understanding (MoU) with Singapore’s state-owned energy giant Sembcorp Industries and Italy’s export credit agency and insurance and finance group SACE, controlled directly by the Ministry of the Economy and Finance, to explore opport

about 1 year ago

Subsea

License award paving the way for work to unlock Jamaican asset’s hydrocarbon potential

Ireland-headquartered and AIM-listed United Oil & Gas has secured a license off the coast of Jamaica, which is set to lend a helping hand in unleashing the hydrocarbon potential of the firm’s offshore asset.

about 1 year ago