Northern Ireland-based Harland & Wolff has inked a five-year master services agreement with what it says is a global oil services company for the fabrication of subsea structures. The work will take place at the Arnish yard situated on the Isle of Lewis. Harland & Wolff received its first purchase
Viaro Energy has received regulatory approval related to the acquisition of a partial interest in a huge undeveloped oil field on the UKCS.
The UK government has set a £10 million ringfence for tidal stream in this year’s renewables auction, representing a third consecutive year. The UK Department for Energy Security and Net Zero (DESNZ) announced that tidal stream and wave energy will compete in Pot 2 of the Contracts for Difference (C
American solid oxide fuel cells producer Bloom Energy has signed an agreement with UK-based energy giant Shell to study decarbonization solutions, utilizing its proprietary hydrogen electrolyzer technology. Specifically, Bloom and Shell agreed to collaborate on developing replicable, large-scale, so
VARD has placed an order with MacGregor, part of Cargotec, for three cranes to be installed onboard Prysmian’s new cable-laying vessel (CLV). MacGregor will deliver a 100-tonne active heave-compensated (AHC) crane, a 20T offshore crane and a 3T deck crane to equip Prysmian’s third NB970 CLV from VAR
Seatrium has welcomed the first steel fabrication milestone for the construction of a new FPSO destined for a project off the coast of Brazil.
BW Offshore is coming closer to the end of the construction phase for a floating production storage and offloading (FPSO) vessel.
Seven European partners are set to begin fabrication of an ocean thermal energy conversion (OTEC) platform said to be capable of surviving in tropical storm areas, destined for deployment offshore Spain. Being developed under the EU-funded project PLOTEC, fabrication of the system is to begin this m
TotalEnergies and QatarEnergy have laid the groundwork to expand their presence in the Orange Basin by getting interests in a block off South Africa.
South Korean conglomerate Hanwha Group has launched a new affiliate, Hanwha Engine, after acquiring marine engine company HSD Engine.
Tekmar Group has reported improved financial performance for the 2023 financial year with a revenue of £39.9 million, compared to £30.2 million in FY22. Deemed a pivotal year that saw instability in the offshore wind market, Tekmar said it had stabilized the business in 2023. Tekmar saw an adjusted
Copenhagen Infrastructure Partners (CIP) has signed a preferred supply agreement with LS Cable for the supply of offshore and onshore cables to Feng Miao 1, the company’s third offshore wind project in Taiwan. Under the agreement, Korea-based LS Cable will supply offshore export cables, inter-array
An 18-member consortium, coordinated by French hydrogen producer Lhyfe, has launched a new project to establish an advanced green hydrogen valley in Western France. The project has received an €8.9 million grant from the European Commission through the Clean Hydrogen Joint Undertaking. The project c
Netherlands-based company BV Twentsche Kabelfabriek (TKF) has produced its first power cores in its new cable factory in Eemshaven. The company produced three power cores for the type test cable, which were provided with the welded aluminum screen and PE outer sheath. The investment in the new fact
