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DeepOcean and TFKable plan JV for inter-array cable projects with dedicated vessel
Vision

DeepOcean and TFKable plan JV for inter-array cable projects with dedicated vessel

DeepOcean and the controlling entity of TFKable Group are planning to establish a joint venture (JV) that will provide integrated engineering, procurement, construction and installation (EPCI) services for inter-array cable projects in offshore wind, as well as a newbuild, dedicated inter-array cabl

about 1 month ago
WIND acquires stake in UK firm to strengthen cable lifecycle expertise
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WIND acquires stake in UK firm to strengthen cable lifecycle expertise

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WIND, a Dutch subsea cable logistics, cable recovery, and related services company, has acquired a stake in a UK-based firm providing cable testing and termination, fault-finding and repair, among other things, for the offshore wind, power and wider energy sectors. WIND reported earlier this month t

about 1 month ago
Denmark opens EU’s first full-scale CO2 storage site
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Denmark opens EU’s first full-scale CO2 storage site

King Frederik X of Denmark has opened the first full-scale CO2 storage site in the EU, led by INEOS Energy, with partners Harbour Energy and the Danish North Sea Fund (Nordsøfonden). Project Greensand was in December 2022 granted an exploration permit for the injection and storage of up to 15,000 to

about 1 month ago
Illustration; Source: Next Geosolutions
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Italy’s NextGeo to open office in Germany

Italy-headquartered offshore survey specialist Next Geosolutions (NextGeo) is expanding into Germany with a new office to open in Bremen. According to the company, Bremen’s position at the heart of the North Sea maritime cluster and its growing marine technology community provide a strong environmen

about 1 month ago
Netherlands becomes home to ‘Europe’s largest’ carbon capture facility
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Netherlands becomes home to ‘Europe’s largest’ carbon capture facility

A carbon capture facility has been inaugurated in the Netherlands at Yara’s plant, from where CO2 will be transported by ship to Norway for permanent storage under the seabed as part of the Northern Lights project. Deemed Europe’s largest industrial carbon capture facility, it will capture up to 800

about 1 month ago
‘World’s most powerful’ subsea trencher nears first testing
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‘World’s most powerful’ subsea trencher nears first testing

NKT’s new subsea trencher, deemed the world’s most powerful, is approaching final assembly and entering the first round of testing, the Danish power cable manufacturer and installation firm reported. NKT announced the investment in the NKT T-3600 trencher in June 2025, as part of its ongoing investm

about 2 months ago
Design unveiled for vessel as versatile as ‘Swiss Army knife’
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Design unveiled for vessel as versatile as ‘Swiss Army knife’

C-Job Naval Architects and vessel operator Glomar Offshore have revealed the design of an offshore support vessel (OSV) described as a “Swiss Army knife for offshore work” due to its versatility. The OSV, said to be purpose-built as Glomar’s first vessel of its kind, has been designed for diverse of

about 2 months ago
UK to get extreme environment center for subsea technology testing
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UK to get extreme environment center for subsea technology testing

A £150 million (around €175.6 million) extreme environment center capable of simulating currents, waves and wind is planned to be built in the UK, enabling the testing of technologies in realistic simulated conditions for the subsea and offshore wind markets, among other things. Being developed by N

about 2 months ago
Prysmian buys Scottish training facility for cable jointers
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Prysmian buys Scottish training facility for cable jointers

Italian cabling company Prysmian has acquired a training facility for high-voltage cable jointers in Scotland, bringing on board over 20 apprentice jointers and experienced training staff. Located in North Ayrshire, the academy will support installation and inspection, maintenance and repair (IMR) o

about 2 months ago
Illustration; Source: BP
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BP’s North Sea business up for sale

UK-headquartered energy giant BP is launching a process to market its North Sea business for a potential sale after operating in the region for 60 years. BP reported today, July 31, that the decision is part of an ongoing portfolio review and reflects the disciplined approach to capital allocation,

about 2 months ago
Illustration; Source: Shell
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MOL Group buys Shell’s subsidiary in Cyprus for $720 million

UK-headquartered energy giant Shell has reached an agreement with Hungarian multinational oil & gas company MOL Group for the sale of its 100%-owned subsidiary BG Cyprus Limited for up to $720 million. BG Cyprus holds a 35% non-operated interest in the Cyprus Offshore Block 12, containing the Aphrod

about 2 months ago
Northern Lights fleet ready for phase one as fourth LCO2 carrier arrives from China
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Northern Lights fleet ready for phase one as fourth LCO2 carrier arrives from China

The vessel fleet required for first phase operations of the Northern Lights CO2 project in Norway has been completed with the arrival of the fourth liquefied carbon dioxide (LCO2) carrier from China. Northern Purpose, custom-designed to transport liquefied CO2 as part of the world’s first cross-bord

about 2 months ago
760-kilometer UK-Germany interconnector gets new owners, construction start expected in 2030
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760-kilometer UK-Germany interconnector gets new owners, construction start expected in 2030

Canada Pension Plan Investment Board (CPP Investments) and Elia Group, through its international development platform WindGrid, have acquired a subsea interconnector project that will link the UK and Germany from Copenhagen Infrastructure V, managed by Copenhagen Infrastructure Partners (CIP). Appro

about 2 months ago
Serica Energy wins race for Pharos Energy with €170 million takeover agreement
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Serica Energy wins race for Pharos Energy with €170 million takeover agreement

UK-based upstream oil & gas player Serica Energy has agreed to acquire compatriot Pharos Energy for £145.7 million (more than €170 million), with Pharos to withdraw its recommendation for an offer from Israeli Ratio Petroleum. The acquisition is said to be consistent with Serica Energy’s long-standi

about 2 months ago