As part of its ambition to expand its fleet and subsea activities, the Netherlands-headquartered subsea solutions provider N-Sea has concluded the full acquisition of compatriot company Geo Plus. Established in 1994 and based in Groningen, Geo Plus provides survey services and operates a fleet of fi
Norwegian vessel owner DOF Group has entered into an agreement to acquire Maersk Supply Service (MSS), expanding its fleet with an additional 22 vessels. Through the newly incorporated subsidiary DOF Offshore Holding Denmark, DOF will on certain terms and conditions acquire all the shares in Maersk
EnEarth, a subsidiary of the London-based oil and gas company Energean, has submitted a formal application to the Hellenic Hydrocarbons and Energy Resources Management Company (EDEYEP) for a CO2 storage license in Greece. The application seeks to obtain approval for the suitability as a CO2 storage
Three French companies have joined forces for a project that aims to develop an innovative solution for precise seabed surveying at great depths using swarms of autonomous underwater vehicles (AUVs) for ocean floor mapping. The ongoing development for the CARMA (Mineral resources mapping by AUVs swa
Norway-headquartered seismic companies PGS and TGS have formally completed their merger, following the final regulatory approval obtained some twenty days ago. Back in September 2023, TGS and PGS announced their agreement on principal terms to combine their two firms and create a strong full-service
“There can be no transition without transmission,” Manos Manousakis, Chairman and CEO of Greek electricity grid operator Independent Power Transmission Operator (IPTO), said at the General Assembly of the European Network of Transmission System Operators for Electricity (ENTSO-E), highlighting the i
Aberdeen-based energy services company THREE60 Energy has acquired a local subsea engineering company with the aim of enhancing its capabilities. With the acquisition of Samphire Subsea, THREE60 said it expects to further enhance its lifecycle solutions offering by adding subsea engineering, operati
The U.S. Department of Energy’s (DOE’s) Water Power Technologies Office (WPTO) has launched a funding opportunity of $4.8 million to support programs that accelerate the commercialization and support of hydropower and/or marine energy businesses.
Danish renewable energy developer Floating Power Plant has selected a Siemens Gamesa wind turbine to be deployed at its demo project off the coast of Gran Canaria that integrates floating wind, wave energy, and hydrogen production. The 4.3 MW SWT-DD-120 turbine will be installed at the Plataforma Oc
The Government of Canada has passed into law the first four Clean Economy Investment Tax Credits (ITCs), set to attract investment, boost innovation, create jobs, and steer the nation’s economy towards achieving net-zero emissions by 2050.
Norway’s Reach Subsea is collaborating with compatriot state-owned energy giant Equinor to carry out a technology qualification program for the Reach Remote uncrewed surface vessels (USVs) that aims to validate remote operations for various tasks. Reach Remote 1 and 2 have entered the final testing
SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) Link in the North Sea has transmitted its first power from a wind farm to the mainland, nearing full energization. The £660 million Shetland HVDC Link connects Noss Head in Caithness and Weisdale Voe in Shetland. The 260-kilometer subse
E-fuels can offer a solution to power critical segments of transportation such as ships, long-haul aircraft and heavy-duty commercial vehicles, but the journey needs to start now, a Wood Mackenzie (WoodMac) report said.
The Norwegian Ministry of Energy has awarded four new exploration licenses related to CO2 storage on the Norwegian Continental Shelf (NCS) to six companies as part of the sixth call for CO2 storage on the NCS. The exploration licenses are located in the North Sea, with two offered to Equinor, one to
