UK energy market regulator Ofgem has provisionally approved SSEN Transmission’s plans to develop a subsea electricity transmission link to Orkney. SSEN Transmission submitted investment plans to Ofgem in March 2018 to build a new subsea transmission link to provide the additional capacity needed to
University of Victoria’s Pacific Regional Institute for Marine Energy Discovery (PRIMED) has secured C$1 million ($730,000) grant to progress a renewable energy microgrid project incorporating a wave energy device on Nootka Island in British Columbia.
The Spanish regulatory authority the Comisión Nacional de los Mercados y la Competencia (CNMC) and the French counterpart the Commission de régulation de l’énergie (CRE) have reached an agreement on the distribution of financing for the electricity interconnector that will link France and Spain taki
PGS has entered into an agreement with an undisclosed client to conduct a 3D exploration acquisition contract offshore Namibia.
Norwegian company Ocean Oasis has secured funding from the existing and new investors that will be used to further develop its wave energy-driven desalination technology.
Oilfield services provider Saipem and engineering, procurement, and construction (EPC) services provider CTCI have commissioned and started up Nong Fab LNG receiving terminal in Thailand. According to Saipem, the terminal, with a capacity of 7.5 million metric tonnes per annum, will receive LNG from
DOF Subsea has secured a contract extension with Brazilian oil and gas giant Petrobras for its 106-meter-long diving support vessel (DSV) Skandi Achiever. The new commitment has commenced in direct continuation with the current one and will run until February 2024. It will include remotely operated
Van Oord and Demcon unmanned systems have signed a strategic partnership agreement to collaborate in accelerating the developments in the field of uncrewed remote operations for marine purposes. The two companies have already collaborated for several years in the field of uncrewed surface vessel (US
Norwegian shipowner Höegh Autoliners has agreed with the owner of the leased vessel Höegh Berlin to terminate the bareboat charter and purchase the vessel for a price of $34.25 million. According to Höegh Autoliners, the vessel was taken over on 1 March 2023. Höegh Berlin, built by Höegh at Daewoo S
Australian oil and gas company Carnarvon Energy has picked a new Chief Financial Officer (CFO), after its current one decided to resign.
TenneT has selected NKT and Prysmian to install five 525 kV XLPE HVDC cable connections for grid projects which will link new Dutch offshore wind farms to the national grid. TenneT’s next-generation, 2 GW grid connections in the Netherlands are scheduled to be completed between 2028 and 2030. NKT wi
Longboat Energy is seeking to forge a new group of partners to re-apply for a license in the Norwegian Sea, once it has been abandoned.
UK-based provider of integrated drilling waste management and environmental solutions TWMA has secured a seven-figure contract with an undisclosed “major” North Sea oil and gas operator. Under the contract, TWMA said it would deploy its RotoMill well site processing solution on a harsh environment s
Equinor has inked an agreement to acquire Suncor Energy UK Limited, a subsidiary of Canada’s Suncor, for a total consideration of $850 million.
