An arbitration regarding a disputed 2024 charter hire related to the largest vessel in Solstad Offshore’s fleet has been resolved in the favor of the Norwegian offshore vessel owner, the company reported. Solstad reported yesterday, May 14, that arbitration proceedings related to a disputed charter
Malaysia’s state-owned oil & gas heavyweight Petronas has awarded a local company a five-year contract for the delivery of tubular running services (TRS). Kuala Lumpur-headquartered Destini Oil Services, the energy arm of Destini Group, officially secured the contract on March 30, 2026, with it endi
Fugro is set to deploy its geophysical vessel in a couple of days to carry out a maintenance survey of an interconnector between France and the UK that has been operating since 1986. The 2 GW IFA 2000 high voltage direct current (HVDC) electrical interconnector is approximately 70 kilometers long, w
Spain-based consulting, engineering, and architecture services firm IDOM has deployed its prototype wave energy converter (WEC) at the Biscay Marine Energy Platform (BiMEP) as part of the system’s technological validation and to obtain key information for its future scalability. The MARMOK A 5 float
ABL Energy & Marine Consultants Brasil has been selected for the marine warranty surveyor (MWS) role to support Subsea7 with the transportation and installation of subsea umbilicals, risers, and flowlines (SURF) infrastructure offshore Brazil. The scope will encompass pipelines installed on FPSO Mar
DNV has published two new coordinated standards for floating solar photovoltaic (FPV) systems with the aim of improving their safety, reliability, and long-term performance. These two new standards, DNV‑ST‑C108 Structural design of floats for floating photovoltaic systems and DNV‑ST‑E309 Station kee
South Korea’s Taihan Cable & Solution has acquired a 2016-built cable laying vessel (CLV) from Norwegian DOF Group, representing the second offshore wind-dedicated CLV introduced in Korea. The 10,000-ton class Skandi Connector was designed by Dutch shipbuilder Damen and has to date been deployed on
Preparation work is underway in Danish waters to replace an outdated submarine cable that connects Denmark and Sweden, passing across Øresund. Swedish and Danish transmission system operators (TSOs) Kraftnät and Energinet own and operate four Øresund links that connect Zealand and southern Sweden vi
Dutch non-destructive testing specialist Ned Marine Services has expanded its inspection capabilities with the launch of subsea remotely operated vehicle (ROV) and flying drone inspection services for non-destructive testing (NDT). The new service is aimed at Dutch and wider European customers and i
Danish wave energy firm Wavepiston and its Spain-headquartered partner Bluenewables have submitted all permitting documentation for a site in Gran Canaria where a pilot wave energy farm is planned to be developed. Wavepiston describes the submission of permitting documentation for the selected site
UK designer and manufacturer of uncrewed surface vessels (USVs) ZeroUSV has made a strategic investment in the Manor Marine shipyard, which in the last 12 months constructed and outfitted all four Oceanus12 vessels currently in operation. By becoming a shareholder in Manor Marine, ZeroUSV says it se
Offshore Renewable Energy Sustainability Alliance (ORESA), an Interreg North-West Europe project, has extended the application deadline for its second innovation call targeting small and medium-sized enterprises (SMEs) developing products, technologies, or services in the offshore energy sector. The
Naples-headquartered Next Geosolutions (NextGeo) has won a €10 million contract to deliver geophysical survey and unexploded ordnance (UXO) activities to ensure safety during the installation of subsea energy infrastructure in the Central Mediterranean. The contract was secured with a leading intern
OneSubsea, a joint venture (JV) established in 2023 by SLB, Aker Solutions, and Subsea7, has completed the acquisition of the subsea business of Norwegian Envirex Group. SLB reported on March 12 that the OneSubsea JV had entered into an agreement for the acquisition, as a result of which Envirex Gro
