Japanese construction company Toyo Construction has purchased a trenching remotely operated vehicle (ROV) from underwater technology and services company SMD that will be deployed in the Japanese offshore wind sector. The ROV will form part of Toyo’s expanding fleet of assets, as the company had als
U.S.-headquartered oilfield services giant Halliburton is set to purchase Optime Subsea, a Norwegian provider of subsea solutions for the oil & gas industry, following the signature of a definitive agreement. According to Optime Subsea, the acquisition will integrate its umbilical-less technology in
LNG Canada, a joint venture (JV) between Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, which is developing a liquefied natural gas (LNG) export facility in Kitimat, Canada’s British Columbia, has appointed a new Chief Executive Officer (CEO).
COSCO Shipping Bulk and Yangzhou COSCO Shipping Heavy Industry, subsidiaries of Chinese shipping heavyweight COSCO Shipping, have signed a contract for 3 +5 210,000-ton methanol and ammonia reserved bulk carriers.
Norway’s ship designer and shipbuilder VARD has delivered an advanced cable-laying vessel (CLV) to Denmark’s subsea specialist NCT Offshore, less than two years after the contract was signed. NCT placed the order for the 95-meter-long CLV Freja with VARD in early 2023, with Vard Design in Ålesund, N
Perenco UK and Carbon Catalyst Limited are completing the final preparations for the CO2 injection test at a carbon capture and storage (CCS) license in the North Sea that encompasses what is seen as the UK’s largest depleted gas field. The partners secured a license to progress the Poseidon CCS pro
Green energy company ETFuels has selected technology companies John Cockerill and Johnson Matthey as strategic partners for its 120,000-ton-per-year e-methanol project in Texas, U.S.
Norwegian green energy provider North Ammonia has partnered with compatriot Fjord Base Holding to develop a green ammonia production facility at Fjord Base in Florø.
Ariadne Interconnection, a subsidiary of Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), has completed what it says is the largest electricity transmission project in Greece, with a budget exceeding €1.1 billion. IPTO reported yesterday, December 23,
Solstad Subsea Holding, a wholly owned subsidiary of Norwegian shipping company Solstad Offshore, is set to acquire a 35.8% ownership share in Norway’s ROV, tooling, personnel, survey and project management services provider Omega Subsea. Established in 2012, Omega Subsea, with offices in Norway and
Norway’s Myklebust Shipyard has awarded compatriot Brunvoll with another contract for a thruster package, destined for an inspection, maintenance and repair (IMR) vessel it is building for REM Offshore. This confirms the option for an additional vessel for REM Offshore, originally announced in May t
Australian Provaris Energy has been making progress in developing hydrogen supply chains and advancing the company’s proprietary hydrogen carrier.
UAE’s Subsea Cable Assets (SCA) has begun the production of cable carousels destined for Sumitomo Electric’s cable factory in Scotland. The Dubai-based EPIC contractor SCA has appointed the Dutch Enersea to design six cable carousels and loading towers for the Japanese end customer. The carousels ar
Aberdeen-headquartered Mermaid Subsea Services (UK) has plugged and abandoned (P&A) 30 wells in the UK North Sea during 2024, claiming that this is the highest number of vessel-based well decommissioning operations ever completed in a single year within the region. The work was carried out using the
