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NextGeo finalizes acquisition of share in 61-year-old Italian subsea services firm
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NextGeo expands into new regions via acquisition of share in 61-year-old Italian firm

Italy-headquartered Next Geosolutions (NextGeo) has signed a sale and purchase agreement for the acquisition of 75.4% of the share capital of a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening it

about 1 year ago
Aurora finalizes 11-vessel takeover from Sea1 with delivery of third high-end subsea vessel
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Aurora finalizes 11-vessel takeover from Sea1 with delivery of third high-end subsea vessel

Norwegian vessel management services provider Aurora Offshore, part of the Borealis Group, has taken delivery of the eleventh and final vessel from compatriot operator Sea1 Offshore, ex-Siem Offshore. Siem Barracuda, the third high-end subsea vessel of a total of three that are part of the collabora

about 1 year ago
C40 Cities
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From shipbroking to maritime finance: E.A. Gibson Shipbrokers acquires RMK Maritime

E.A. Gibson Shipbrokers has joined forces with RMK Maritime (Europe) to expand its service offering. Effective from August 1, 2025, RMK Maritime will be rebranded as E.A. Gibson Capital.

about 1 year ago
Danish firm brings in BlueNewables for wave energy project permitting support
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Danish firm brings in BlueNewables for wave energy project permitting support

Danish wave energy firm Wavepiston has signed a collaboration agreement with a Spanish engineering consultancy supporting the marine energy sector, BlueNewables, to support its wave energy project off Gran Canaria, Spain. BlueNewables, an engineering consultancy focused on innovation in the blue eco

about 1 year ago
Leonardo da Vinci continues installing cables at first UK-Germany energy link
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Leonardo da Vinci continues installing cables at first UK-Germany energy link

Prysmian’s Leonardo da Vinci, said to be the world’s largest cable laying vessel (CLV), has begun the second phase of cable laying in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany. Prysmian completed the

about 1 year ago
CorPower Ocean wave energy farm
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Wave energy picks up pace as CorPower Ocean lands two new investors

Swedish wave energy developer CorPower Ocean has secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round. The investment builds on CorPower’s earlier €32 million Series B1 raise, sup

about 1 year ago
EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen
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EU backs green port infrastructure in Papua New Guinea

The European Union (EU) and Papua New Guinea (PNG) have deepened their partnership with the launch of infrastructure projects focused on greening and modernizing Rabaul Port and expanding access to safe water.

about 1 year ago
Allseas resumes pipelaying at Dutch CCS project after technical setback
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After one-month technical delay, Allseas resumes pipelaying at first Dutch offshore CCS project

Allseas has resumed pipelaying for the first offshore carbon capture and storage (CCS) project in the Netherlands after a one-month break caused by a technical issue. Allseas’ purpose-built offshore construction vessel (OCV) Oceanic was in charge of a special unexploded ordnance (UXO) survey along t

about 1 year ago
UK's fourth subsea electricity superhighway to sport Siemens ENergy converter stations
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UK’s fourth subsea electricity superhighway to sport Siemens Energy converter stations

Siemens Energy has been appointed as the preferred bidder for the delivery of two high-voltage direct current (HVDC) converter stations for the fourth out of five subsea electricity superhighways between Scotland and England. This news for the Eastern Green Link 4 (EGL4) project comes as National Gr

about 1 year ago
Illustration; Source: The International Renewable Energy Agency (IRENA)
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IRENA: Growth in renewables highlights regional imbalance

Despite renewable energy capacity growing by over 15% in 2024, the gap in deployment between regions continues to widen, according to the International Renewable Energy Agency (IRENA).

about 1 year ago
Sumitomo's UK-produced subsea cables to link Kent and Suffolk
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Sumitomo’s UK-produced subsea cables to link Kent and Suffolk

The UK National Grid has selected Sumitomo Electric Industries as the preferred bidder to supply and install 138 kilometers of subsea cable for Sea Link, a new high-voltage direct current (HVDC) electricity connection between Kent and Suffolk. Sumitomo Electric will perform the work out of its manuf

about 1 year ago
Map showing the planned location of MESH and the existing energy infrastructure and projects surrounding it; Source: EnergyPathways
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EnergyPathways to deploy Hazer’s hydrogen technology in its huge UK energy storage project

EnergyPathways has entered a memorandum of understanding (MoU) with Hazer to use its proprietary hydrogen production technology to develop a clean hydrogen facility that will expand the company’s MESH integrated energy storage project.

about 1 year ago
Fugro to survey Irish seabed for future offshore wind farms
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Fugro to survey Irish seabed for future offshore wind farms

Fugro has secured a seven-year framework agreement with Irish transmission system operator (TSO) EirGrid to perform surveys for a project that will develop offshore electricity substations and export cable routes to connect Ireland’s future offshore wind farms on the south coast to the national grid

about 1 year ago
Belgian duo eyes innovation in green hydrogen technology
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Belgian duo eyes innovation in green hydrogen technology

Agfa and VITO have signed a long-term cooperation agreement focused on innovation in green hydrogen technology.

about 1 year ago