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
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
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
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
SPIE Wind Connect, a subsidiary of SPIE Global Services Energy, has been awarded a contract for the termination and testing of inter-array cables for the Taipower Offshore Wind Project Phase II (TPC Phase II) in Taiwan. Under the contract awarded by Shinfox Far East Energy, SPIE Wind Connect will ex
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
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
Around one month after reaching financial close, the developer of the 1.5 GW Marinus Link power interconnector project in Australia has issued notices to proceed to contractors for cable and converters. The 345-kilometer project, to be built in two 750 MW stages, will link North West Tasmania and th
The Netherlands-headquartered Fugro has won two contracts with Brazil’s offshore energy services company Constellation to support responsible deepwater exploration activities in two regions in Brazil. Under the two three-year contracts, Fugro’s scope includes deploying advanced remotely operated veh
UK-headquartered energy technology provider TechnipFMC has secured two subsea contracts with Brazilian oil & gas giant Petrobras for the delivery of flexible pipe to be deployed in multiple basins. Defined as a substantial contract, meaning it is worth between $250 million and $500 million, the firs
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
Synera Renewable Energy (SRE) has awarded a contract to Seaway7, part of the Subsea7 Group, for the transport and installation of 35 inter-array cables at the Formosa 4 offshore wind farm in Taiwan, with offshore work expected to commence in 2028. Announcing the contract award, Subsea7 said this was
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.
Energy and marine consultancy ABL Group has made changes to its executive management team with the appointment of a new chief executive officer (CEO), succeeding the company’s co-founder in the role. The new CEO, Hege Marie Norheim,. brings experience in oil & gas and renewables from roles of Senior
