National Grid has unveiled its investment plan for the 2024-29 period, earmarking £60 billion (close to $76.5 billion) for energy projects that will step up its decarbonization game and propel the energy transition momentum forward on both sides of the Atlantic Ocean.
Sumitomo Electric Industries (SEI) has inked a second multi-million-pound contract with THREE60 Energy for its new power cable factory in Nigg, Scotland.
Helix Energy Solutions is drawing to an end its multi-well decommissioning assignment offshore Australia, which is being carried out with its purpose-built DP3 semi-submersible vessel.
Aker Solutions has shared a new name for its consultancy arm alongside plans to boost revenue and personnel by 50% over the next six years.
Equinor has disclosed plans to develop further gas infrastructure at a huge oil and natural gas field in the Norwegian sector of the North Sea.
Selected companies align with the EU Mission on ocean and waters by aiming to restore marine and freshwater ecosystems and biodiversity, prevent and eliminate pollution, or decarbonize the blue economy.
A number of companies from the industry have joined forces in a project to investigate the effects of subsea electricity cables on marine wildlife, expected to contribute to developing environmentally friendly power cable systems. The FlatEMF project, being undertaken by 50Hertz, EirGrid, Europacabl
Chevron has signed a contract with Israel’s Eshkol Power Energies to supply natural gas for the production units at Eshkol power station.
MODEC has achieved a new milestone by completing the keel laying for the construction of an FPSO hull, which is destined for Guyana.
InterConnect Malta, owned by the Maltese government, has issued a prior information notice (PIN) for the tender for the manufacture and installation of the submarine cable for the second electrical interconnector between Malta and Italy. The contracting authority plans to issue a tender for the deta
Cyan Renewables, a portfolio company of Seraya Partners, and Ocean Infinity have teamed up to provide geophysical and geotechnical services for offshore wind projects in the Asia-Pacific region. The companies have formalized their partnership through the signing of a Memorandum of Understanding (MoU
Borr Drilling has secured a batch of new contracts, extensions, and potential assignments, for several premium jack-up rigs in its fleet.
Marine environmental surveys and geotechnical surveys are scheduled to begin next month for the fourth high voltage direct current (HVDC) electrical link that is part of the UK’s plans to enhance the electricity network. GEOxyz will carry out the surveys for the Eastern Green Link 4 (EGL4) project u
Tower Resources is working on ironing out a new drilling date for an asset offshore Cameroon, with Borr Drilling.
