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SLB adds first UK offshore CO2 storage project to its to-do list
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SLB adds first UK offshore CO2 storage project to its to-do list

Texax-headquartered energy technology company SLB has secured a contract to deliver carbon storage solutions for the UK’s first offshore carbon capture and storage (CCS) project, developed by a joint venture of BP, Equinor and TotalEnergies. For the Northern Endurance Partnership (NEP) project, SLB

about 1 year ago
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

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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
South Korean firm finishes construction of 'Asia's largest HVDC cable facility'
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Construction of ‘Asia’s largest HVDC cable facility’ wraps up

South Korean subsea cable manufacturer LS Cable & System has completed the construction of what it says is the largest high-voltage direct current (HVDC) cable production facility in Asia. LS Cable & System announced on July 16 that it had completed the construction of its fifth submarine cable plan

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
$360M investment to be made for first phase of South Korean subsea cable manufacturing plant
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$360M investment to be made for first phase of South Korean subsea cable manufacturing plant

South Korean Taihan Cable & Solution is investing $360 million for the first phase of construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. Taihan opened t

about 1 year ago
Photo of the floaters from Eco Wave Power's Israeli project, for illustration purposes
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Board update as Eco Wave Power gears up for LA wave energy debut

Wave energy developer Eco Wave Power has elected Hilary E. Ackermann to its Board of Directors, following approval at the company’s annual general meeting. Ackermann, who previously served on Eco Wave Power’s Advisory Board, brings expertise in energy sustainability, corporate governance, and risk m

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
yellow wave buoy in open sea
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Solar-powered buoy network to enhance coastal data across Australia

Researchers at the University of Western Australia (UWA) have launched a national network of solar-powered wave buoys to improve data on wave-driven processes and coastal change. The network, part of the Integrated Marine Observing System (IMOS) Coastal Wave Buoys Facility, is led by Mike Cuttler an

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
South Korea’s YPP to invest up to $3.1B in green hydrogen production in Kazakhstan
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South Korea’s YPP to invest up to $3.1B in green hydrogen production in Kazakhstan

YPP and Kazakh Invest have signed a framework agreement on cooperation for the implementation of a green hydrogen production project in Kazakhstan.

about 1 year ago