ExxonMobil has hired New Wave Offshore Energy to handle marine warranty survey (MWS) services for its sixth deepwater oil development project at the Stabroek block off the coast of Guyana.
With research showing that nine out of ten companies perceive business playgrounds in other countries as better suited for investment and growth, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has warned the UK government about the looming uncertainty surrounding
A subsea vessel owned by Norwegian shipping company Solstad Offshore has secured another contract with Subsea7, extending its work for the company for another two years, potentially longer. Normand Subsea, a versatile inspection, maintenance, and repair (IMR) vessel, has been on contract with Subsea
Singapore’s state-owned energy giant Sembcorp Industries and Malaysia’s state-owned electric utility company Sarawak Energy have entered into a preferred supplier agreement with Italian cabling firm Prysmian for a subsea interconnector cable that would import around 1 GW of green electricity from Sa
KOIL Energy Solutions, formerly Deep Down, has received an order for its subsea distribution equipment, which will be deployed at an oil and gas project in the Gulf of America, formerly known as the U.S. Gulf of Mexico.
UK-headquartered Enshore Subsea has secured an export cable installation contract for one of Scotland’s largest offshore wind projects, the 1.1 GW Inch Cape. The Inch Cape offshore wind farm will feature two 85-kilometer, 220 kV, three-phase export cables, each delivered in three sections and requir
Trillion Energy is working on implementing solutions to bolster and maintain natural gas production in the long run at its giant field offshore Türkiye, with a gas lift compressor system.
Northern Lights JV has signed an agreement with independent research foundation NORSAR to monitor a CO2 storage reservoir in the North Sea, a move expected to enhance commercial opportunities for Northern Lights and Norway. NORSAR will establish and operate a permanent monitoring station near Bergen
The National Grid has awarded contracts to ten suppliers as part of a £59 billion high voltage direct current (HVDC) supply chain framework, setting the stage for the delivery of the required works and equipment for key energy projects across the UK. The HVDC supply chain framework was launched in 2
Scottish transmission system operator (TSO) SSEN Transmission has submitted a planning application for a project that encompasses the construction of the converter station and substation for a subsea link that will connect the Western Isles to the national electricity transmission network for the fi
Norwegian subsea service provider Argeo has completed a project offshore Namibia on behalf of French multi-energy major TotalEnergies, with its vessel now demobilizing. Argeo completed its work at TotalEnergies’ Venus project in Namibia’s Orange Basin under a $39 million contract announced in April
After South Korean Taihan Cable & Solution, a consortium of Hellenic Cables and Jan De Nul has signed a framework agreement with National Grid becoming the appointed contractors eligible to participate in future HVDC cable projects across the UK and Europe. The agreement enables the consortium to pa
Partners Group, acting on behalf of its clients, has agreed to sell the 504 MW Greenlink subsea electricity interconnector linking Great Britain and Ireland to Baltic Cable AB and Equitix, valuing the project at an enterprise value of over €1 billion. Partners Group acquired a controlling stake in G
South Korean Taihan Cable & Solution has signed a framework agreement with UK power transmission and distribution company National Grid UK for high-voltage direct current (HVDC) cable systems, securing participation opportunities in projects valued at approximately £21.3 billion over up to eight yea
