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UK's growing underwater industry hits £9.2B, gov't urged to react to reach potential
Subsea

UK’s growing underwater industry hits £9.2B, gov’t urged to react to reach potential

The UK’s underwater industry has grown from £8 billion to £9.2 billion in the last 12 months, now supporting over 51,000 jobs. Thereby, the Global Underwater Hub (GUH) has called on the UK Government to recognize the scale and potential of the industry and to deliver an industrial strategy to boost

about 1 year ago
Ostwind 4
Subsea

50Hertz awards contract for Ostwind 4 offshore grid connection in Germany

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UAE-based Drydocks World, in partnership with GE Vernova, has secured a contract to build and install Ostwind 4, a 2 GW offshore wind grid connection in Germany. Ostwind 4 will connect Baltic Sea offshore wind farms to the national grid using high-voltage direct current (HVDC) technology. This will

about 1 year ago
Argeo halts bankruptcy plans as industry player shows interest
Subsea

Argeo nets five-year site investigation agreement with TotalEnergies, extensions possible

Norway’s subsea services provider Argeo has entered into a five-year agreement, with potential for an additional two years, with France’s energy giant TotalEnergies for offshore site investigation services. The two companies established a global framework agreement on legal terms and conditions (FAL

about 1 year ago
Van Oord picks Baltic Eagle inter-array cables
Subsea

Vestas, TKF secure contracts for 1.1 GW Inch Cape offshore wind farm

Inch Cape Offshore Limited, a joint venture between Red Rock Power Limited and ESB, has awarded TKF with a turnkey contract to supply and install inter-array cables at the Inch Cape offshore wind farm. Additionally, Vestas has secured a firm order to deliver its V236-15.0 MW wind turbines to the 1.1

about 1 year ago
Greek duo to test hydrogen transport through high-pressure offshore pipelines
Subsea

Greek duo to test hydrogen transport through high-pressure offshore pipelines

Corinth Pipeworks partnered with IGI Poseidon to assess the transportation of hydrogen through high-pressure offshore pipelines.

about 1 year ago
Subsea7 orders steel pipes from Greek company for two North Sea projects
Subsea

Subsea7 orders steel pipes from Greek company for two North Sea projects

Greece-based Corinth Pipeworks, the steel pipe segment of Belgian Cenergy Holdings, has secured two contracts with Subsea7 for work in the North Sea. According to the company, the projects, Bestla in Norway and Bittern in the UK, further solidify its strong geographical presence in the region and un

about 1 year ago
Orsted Hornsea 3
Subsea

JDR Cable Systems hired by Ørsted for 2.9 GW offshore wind farm

Ørsted has awarded several contracts totaling between £75 million and £100 million to companies in the north of England to provide components for the 2.9 GW Hornsea 3 offshore wind farm. JDR Cable Systems, Severfield, and Smulders, all based in the north of England, will produce integral components

about 1 year ago
Energy industry needs to activate to improve North Sea seabed security, OEEC panel says
Subsea

‘Blind underwater’: Energy industry needed to improve North Sea seabed security, OEEC panel says

Security is a topic that has expanded in the last couple of years, bringing new worries to Europe. With a number of incidents occurring in European seas that harmed subsea (energy) infrastructure, seabed security made its way onto one of the first places on the energy security chart. A panel at Offs

about 1 year ago
'Sizeable' subsea tieback development job lands on Subsea7's desk
Subsea

Subsea7 secures multi-million subsea tieback project in US Gulf of Mexico

Luxembourg-based Subsea7 has been awarded a “substantial” contract from Beacon Offshore Energy for a subsea tieback development in the U.S. Gulf of Mexico, with the deal valued between $150 million and $300 million. According to Subsea7, the scope of work encompasses engineering, procurement, constr

about 1 year ago
NextGeo buys survey vessel for €6.7M, retrofit now on schedule
Subsea

NextGeo buys survey vessel for €6.7M, refit now on schedule

Italy-headquartered Next Geosolutions (NextGeo) has expanded its fleet with a 2010-built multi-purpose survey vessel (MPSV), which will after refitting be operational from the first quarter of 2025. NextGeo purchased the vessel Sea Admiral from the Norwegian company Beitveit Holding, renamed to NG E

about 1 year ago
Moray West Says Show Must Go On
Subsea

Ocean Winds hires Føn Energy Services in Scotland

Ocean Winds, a 50/50 joint venture between EDP Renewables and ENGIE, has contracted Føn Energy Services to provide a fully integrated Balance of Plant (BoP) operations and maintenance (O&M) service program for the Moray East and Moray West offshore wind farms in Scotland. The contract is valid for t

about 1 year ago
UK’s first ever carbon storage becoming a reality, first injection expected in 2027
Subsea

UK’s first ever carbon storage becoming a reality, first injection expected in 2027

The North Sea Transition Authority (NSTA) has awarded the Northern Endurance Partnership (NEP), comprising BP, Equinor and TotalEnergies, with the first-ever carbon storage permit in the UK. The project, located around 75 kilometers east of Flamborough Head, off Teesside on England’s east coast, is

about 1 year ago
Gas leak at Nord Stream 2 pipeline as seen from a Danish F-16 interceptor near Bornholm, Denmark on 27 September 2022.
Subsea

Hybrid warfare paints ‘gray zone’ targets on shipping and offshore energy infrastructure

With the swift surge in geopolitical upheavals, a rising tide of offshore security risks is playing out across the globe, putting vessels, undersea cables, and offshore oil and gas installations in danger of increasingly becoming sitting ducks for “gray zone” attacks, which WTW interprets as actions

about 1 year ago
Large-scale North Sea CO2 storage gallops ahead as Danish project reaches FID
Subsea

EU’s first full-scale CO2 storage facility gallops ahead as Danish project reaches FID

The consortium partners behind Project Greensand have taken the final investment decision (FID) for what is the first full-scale carbon storage facility in the EU, investing $150 million in commercial agreements across the entire value chain, from CO2 emitters to logistics, storage, and shipping. On

about 1 year ago