Florida Atlantic University has revealed its plans to expand the Southeast National Marine Renewable Energy Center (SNMREC) with new university partnerships, capabilities and opportunities this year. The next steps for SNMREC’s expansion include formalizing the consortium, coordinating testing, rese
A report launched by DNV, Strohm, and the Non-Metallic Innovation Centre (NIC) has shown that thermoplastic composite pipes (TCP) have a significantly lower carbon footprint, in the range of 30-60%, than an equivalent carbon steel pipeline solution. The report outlines the results from a joint indus
The Nordic Investment Bank (NIB) has signed a ten-year loan agreement with Danish transmission system operator (TSO) Energinet to increase the co-financing to construct the Viking Link interconnector between Denmark and the UK. The DKK 1.5 billion (approximately €201.67 million) loan is expected to
Empyrean is engaged in further discussions with COSL and CNOOC to finalise a spud date for the Jade prospect well, located offshore China.
Uptime International has won two contracts with DOF Subsea for the provision of walk-to-work systems on one of its vessels.
The number of offshore rigs in the U.S. remained moored at 12 units without any upward or downward deviations for two weeks in a row.
Subsea 7 has secured a contract from Equinor for the FEED study for the marine installations associated with the Krafla project off Norway.
Following reports that Nord Stream 2 AG has filed for bankruptcy, the Swiss-based company and the operator of the Russian gas pipeline has said it “cannot confirm” such reports.
Oil and gas exploration and production company Energean has connected the Karish offshore gas field to the Israel National Gas Line,
Moody’s has placed ratings of Wintershall Dea on review for downgrade, reflecting downside credit risks stemming from the potential for more severe sanctions against Russian businesses to affect the company’s operations.
EODEX and PanGeo Subsea, a Kraken Robotics company, have set up a partnership to collaborate on unexploded ordinance (UXO) detection and disposal services. The two parties joined forces on several UXO survey projects over the past year and, as they state, this recent more-defined collaboration suppo
Carnarvon Energy is working to secure financing for the Santos-operated Dorado project off Australia ahead of the FID for the project.
Greek cable manufacturer Hellenic Cables has submitted its near and long-term net-zero targets to the Science Based Targets initiative (SBTi), aiming to halve its scope 1 and 2 emissions by 2030 and cut scope 3 emissions by 25% within the same timeframe. Hellenic Cables has committed to a 50% reduct
Bilfinger UK has expanded its presence in the North East with the opening of a new fabrication facility, spurring further headcount increase.
