NKT has begun works on a new cable extrusion tower for a power cable factory in Karlskrona, Sweden, which is expected to be the world’s largest high-voltage offshore power cable factory upon completion.
The Marine Energy Council (MEC) welcomed the increase, which is expected to contract an additional 25 MW of tidal stream capacity to the UK’s deployment pipeline.
Brazilian oil and gas firms Enauta and 3R Petroleum have disclosed the completion of their merger, which was set in motion in early April.
Viaro Energy is expanding its gas footprint by taking over a 100% working interest in the UK Southern North Sea assets from Shell and ExxonMobil.
Dubai-headquartered offshore drilling contractor Shelf Drilling has decided to sell one of its jack-up rigs for $60 million to an undisclosed buyer.
BP has taken a final investment decision (FID) to develop its sixth-operated project in a prolific high-margin basin within the U.S. Gulf of Mexico, unlocking the potential to bring online 10 billion barrels of discovered resources in place.
This partnership is set to support early site development, speeding up marine energy deployment and creating a pipeline of projects for future renewable auctions.
Saipem has pooled resources with Curtiss-Wright to bring into play an all-electric seabed barrier fluid-less pump, marking a new milestone for the subsea applications toolbox.
European Commission has approved a €998 million Dutch scheme to support the production of renewable hydrogen, as well as an €80 million measure to support Djewels, a subsidiary of HyCC, in the demonstration of a hydrogen production technology.
The U.S. Department of Energy’s (DOE’s) Water Power Technologies Office (WPTO) has revealed the 15 winning teams in Phase II of the American-Made Innovating Distributed Embedded Energy Prize (InDEEP).
Touchstone’s acquisition of Trinity has hit a snag as a third company, Lease Operators, has made a cash offer for the latter.
Taihan is placing hopes on its recently launched cable laying vessel (CLV) to lend a helping hand in protecting the domestic offshore wind industry.
CETO Wave Energy Ireland (CWEI), a wholly-owned subsidiary of Carnegie Clean Energy, has secured funding to participate as an industry partner/wave energy technology representative in the Modular Electrical Generator PTO system for wave (MEGA WAVE PTO) project, funded by Horizon Europe.
Shell has embarked on drilling operations at a high-impact gas prospect in the UK sector of the North Sea with a jack-up rig, owned by Valaris.
