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Argus project; Source: north.io
Authorities & Government

Coming to grips with security risks: Germany backs project for keeping critical subsea infrastructure out of harm’s way

Given the worldwide rise in threats to energy and other underwater industries’ infrastructure such as offshore installations, pipelines, and cables, many countries, especially in Europe, have been upping their security ante to prevent further attacks.

13 minutes read
Wearable device; Source: Salunda
Business & Finance

BP handpicks red zone monitoring tech for North Sea well intervention ops

Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has inked a deal with energy giant BP to install its monitoring solution on the latter’s North Sea assets.

about 2 years ago
Cable burial campaign delivered for Nexans; Source: OEG Renewables
Business & Finance

Nexans keeps weaving its subsea web of renewables as cable burial ops wrap up at UK offshore wind farm

With a new turnkey cable burial campaign out of the way, Nexans continues interlacing new renewable energy threads into its underwater green power network.

about 2 years ago
Canada to support clean hydrogen trade with Germany with up to $300 million
Authorities & Government

Canada to support clean hydrogen trade with Germany with up to $300 million

Canada will commit up to $300 million to ensure the development of a transatlantic hydrogen trade corridor with Germany.

about 2 years ago
Rovco and Vaarst plan to bring on board over 150 subsea roles by end of 2025
Business Developments & Projects

UXO clearance completed at Iberdrola’s Windanker site offshore Germany

Rovco has completed a critical unexploded ordnance (UXO) clearance project for Iberdrola’s 315 MW Windanker offshore wind farm in the German Baltic Sea. The operation, which was Rovco’s first UXO project in Germany, was conducted using the company’s newly chartered multipurpose vessel MV Patriot, eq

about 2 years ago
Illustration; Source: Gulf Marine Services (GMS)
Business & Finance

GMS looks to the future with hope as it strikes a multimillion-dollar bank deal for debt refinancing

UAE-based Gulf Marine Services (GMS), a provider of self-propelled and self-elevating support vessels for the offshore oil, gas, and renewables sector, has sealed a deal with three banks to refinance its bank debt.

about 2 years ago
Amogy’s converted ammonia-powered tug nearing completion
Vessels

Amogy’s converted ammonia-powered tug nearing completion

U.S. provider of ammonia-to-power solutions Amogy has revealed that its converted ammonia-powered tug is nearing completion.

about 2 years ago
Shipping to play key role in enabling hydrogen economy, report says
Market Outlooks

Shipping to play key role in enabling hydrogen economy, report says

Shipping can play a key role as an enabler of the hydrogen economy, according to a new report, presented by the International Chamber of Shipping (ICS).

about 2 years ago
Illustration/NetBuoy during tank trials (Courtesy of Wave Energy Scotland)
Business & Finance

WES picks second round of Direct Generation Concept Design Competition winners

Wave Energy Scotland (WES) has granted £400,000 (approximately $514k) to be shared between two projects in the second round of the Direct Generation Concept Design Competition.

about 2 years ago
Woodside Scarlet Ibis LNG vessel comes to Pluto LNG; Source: Woodside
Business & Finance

WATCH: Woodside receives new vessel at Pluto LNG with open arms

Woodside Energy has bid a warm welcome to the newest addition to its global LNG fleet after the vessel came to Pluto LNG project site.

about 2 years ago
Crowley takes delivery of Shell-chartered LNG bunker barge
Vessels

Crowley takes delivery of Shell-chartered LNG bunker barge

U.S.-based marine company Crowley has taken delivery of liquefied natural gas (LNG) bunker barge, after construction was completed at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin.

about 2 years ago
Illustration; Source: Archer
Business & Finance

Archer enlarging its service offering with takeover of Argentinian managed pressure drilling firm

Archer has inked a deal to acquire Air Drilling Associates’ managed pressure drilling (MPD) subsidiary, ADA Argentina.

about 2 years ago
CMA CGM
Business Developments & Projects

HD KSOE taps GTT for tank design of 12 CMA CGM’s LNG-fueled vessels

GTT has received two orders from HD KSOE to design the cryogenic fuel tanks for 12 new LNG-fueled container vessels on behalf of CMA CGM.

about 2 years ago
Salamanca subsea production manifold; Source: Trendsetter Engineering
Business & Finance

US subsea firm delivers the goods for deepwater Gulf of Mexico oil project

Texas-based Trendsetter Engineering has completed its scope of work for a deepwater oil project in the U.S. Gulf of Mexico, operated by the U.S.-headquartered LLOG Exploration.

about 2 years ago
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