Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 mil
The Egyptian government has signed seven memoranda of understanding (MoU) with international developers to set up green hydrogen and renewable energy projects in the Suez Canal Economic Zone (SCZONE).
Texas LNG has received sufficient expressions of interest from project finance banks to move to the execution phase of project financing.
Marine energy technology company Minesto has inked a collaborative agreement with Hydrokite Project Development, an ocean current and tidal energy project developer, to bring its technology to markets in Australia and New Zealand. The broadened market presence in Australia and New Zealand is directe
Offshore drilling contractor Dolphin Drilling has decided to sell one of its semi-submersible rigs for scrap to further enhance its fleet.
TotalEnergies EP Brasil has handed out new contracts for two platform supply vessels (PSVs) to Siem Offshore do Brasil.
Baker Hughes has joined forces with BP to bring a new application for the upstream oil and gas sector to life as part of its emissions abatement technology.
Equinor has received consent to deploy one of Transocean’s rigs for exploration activities in the Barents Sea.
Subsea7 has secured what it describes as a “large” contract with Woodside Energy to deliver subsea installation services for a deepwater oil project in the Gulf of Mexico. The Trion project, which Woodside is developing in partnership with Pemex, involves a wet tree subsea system connected to an inf
Equinor has handed out four-year contract extensions to three companies for work on 19 platforms located off the coast of Norway.
Vattenfall has decided to cancel the Hydrogen Turbine 1 (HT1) project offshore Aberdeen, Scotland, almost two years after the firm began developing it. However, the project helped enable the creation of a regulatory and consenting regime for offshore hydrogen transportation and storage in the UK, ac
PaxOcean Group has delivered a new class of compact semi-submersible (CSS), which will work for Shell off the coast of Brunei.
UK-based Tadek Ocean Engineering has created a mooring and cable solution for the Renewables for Subsea Power (RSP) project that combines wave energy with subsea storage to power subsea equipment. Aberdeen-based Verlume connected Mocean Energy’s Blue X wave energy converter with a Halo underwater ba
The U.S. Department of Transportation’s Maritime Administration (MARAD) has published a notice of funding opportunity (NOFO), making $450 million available for Port Infrastructure Development Program (PIDP).
