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Fugro logo
Vision

Fugro realigns Americas ops amid offshore wind slowdown and market uncertainty

Dutch Fugro has realigned its operations in the Americas by reducing its workforce and scaling back operations due to expected lower revenues caused by a pause in new offshore wind projects. In the financial update for the first quarter of 2025, Fugro stated that rapidly increased geopolitical and e

about 1 year ago
Offshore surveys to start at UK's fifth subsea electricity superhighway
Vision

UK’s fifth subsea electricity superhighway in the making?

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Offshore marine survey operations are scheduled to begin soon at what would be the UK’s fifth subsea electricity superhighway, connecting Scotland and England. Ireland-based XOCEAN is in charge of carrying out the marine survey works for the Eastern Green Link 5 (EGL5) project using seven remotely o

about 1 year ago
Koreaa-flagged geotechnical survey vessel in new guise hits the water (Gallery)
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Korea-flagged geotechnical survey vessel in new guise hits the water (Gallery)

Adira Renewables, the wholly-owned subsidiary of Singapore’s offshore services provider Kim Heng and Soiltech Engineering Co Ltd Korea (STE), has launched a geotechnical survey vessel, rebuilt/converted in 2024, into the water. Kim Heng announced today, April 15, the completion of the christening ce

about 1 year ago
2 GW hybrid offshore interconnector in the plans to hook up Lithuania, Latvia and Germany
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2 GW hybrid offshore interconnector in the plans to hook up Lithuania, Latvia and Germany

Lithuania, Latvia and Germany are planning to jointly develop a hybrid offshore electricity interconnector between the two Baltic States and Germany, which would be 600 kilometers long and with a capacity of 2 GW. Lithuanian transmission system operator (TSO) Litgrid and its Latvian and German count

about 1 year ago
Sea1 Offshore's fleet renewal in focus with sale of 21-year-old subsea construction vessel
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Sea1 selling 11-year-old subsea construction vessel as part of fleet renewal

Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, is selling its 11-year-old offshore subsea construction vessel (OSCV) as part of its fleet renewal program. Sea1 Offshore has signed an agreement to sell the 2014-built OSCV Sea1 Spearfish, currently on contract with PXGEO, to

about 1 year ago
Supply chain constraints push back UK’s $3B subsea electricity superhighway by 16 months
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Supply chain constraints push back UK’s $3B subsea electricity superhighway by 16 months

UK energy market regulator Ofgem is considering whether to grant a penalty exemption for the joint venture (JV) developing the Eastern Green Link 1 (EGL1) subsea electricity superhighway due to a 16-month delay said to be caused by supply chain constraints. The 2 GW EGL1 HVDC multi-directional cable

about 1 year ago
Jan De Nul Group has implemented the use of Wirescan Digital, a real-time subsea cable monitoring system, to its entire cable-laying fleet.
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Jan De Nul adopts real-time cable monitoring tech across fleet

Jan De Nul Group has decided to implemented the use of Wirescan Digital, a real-time subsea cable monitoring system, to its entire cable-laying fleet. The technology, developed by Wirescan AS, enables the continuous monitoring of cable integrity from the factory through handling and installation. “W

about 1 year ago
UK's first CO2 injection test 'meets expectations' as it crosses finish line
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Flying colors as UK’s first CO2 injection test crosses finish line

A joint venture of Perenco UK, Carbon Catalyst and Harbour Energy has concluded the UK’s first-ever CO2 injection test, carried out at a carbon capture and storage (CCS) license in the North Sea that encompasses what is deemed the UK’s largest depleted gas field. The test started in February and inc

about 1 year ago
NKT's power cable factory expansion named EU's first net-zero strategic project
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NKT’s power cable factory expansion named EU’s first net-zero strategic project

NKT’s expansion of its high-voltage submarine power cable factory in Karlskrona, Sweden, has been recognized as the first European net-zero strategic project under the EU Net-Zero Industry Act, providing it with a national priority status for accelerated administrative treatment and faster permittin

about 1 year ago
French engineering group Setec has acquired a majority stake in UK-based Sealand Projects, strengthening its marine engineering and offshore wind capabilities.
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Setec expands marine engineering reach with Sealand Projects acquisition

French engineering group Setec has acquired a majority stake in UK-based Sealand Projects, strengthening its marine engineering and offshore wind capabilities. According to Setec, the acquisition expands the company’s service offering in the marine renewables sector and enhances its presence in the

about 1 year ago
WATCH: First of three Agalas subsea vessels launches in Türkiye
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WATCH: First of three Agalas subsea vessels launches in Türkiye

A new 100-meter-long cable laying support vessel (CLSV) being built at the Sefine Shipyard for Norwegian Agalas and Cecon Contracting has been launched in Türkiye. Agalas reported yesterday, April 3, that the first of its three subsea vessels had been launched in Türkiye, with a few intense months a

about 1 year ago
VARD building 121-meter Taiwan-bound subsea construction vessel
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VARD building 121-meter Taiwan-bound subsea construction vessel

Norway’s VARD has signed a €113.5 million contract with Taiwan-based Dong Fang Offshore (DFO) to design and build an offshore subsea construction vessel that will be dedicated to performing work in the offshore wind and telecom sectors, with the contract also including options. The 121.3-meter-long

about 1 year ago
Crantz steps down as Argeo’s CEO, interim appointed
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Crantz steps down as Argeo’s CEO, interim appointed

Norwegian subsea services provider Argeo has appointed an interim chief executive officer (CEO) as the current CEO Trond F. Crantz has stepped down from the role. Argeo’s Board of Directors yesterday, April 3, appointed Jan P. Grimnes to serve as interim CEO of the company following the decision tha

about 1 year ago
UK and Australia forge alliance to drive subsea growth in both hemispheres
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UK and Australia forge alliance to drive subsea growth in both hemispheres

UK’s trade and development body for the underwater industry Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA), a membership organization of companies in the Australian subsea industry, have signed a memorandum of understanding (MoU) to foster innovation, collaboration and gr

about 1 year ago