Norwegian shipbuilder VARD has launched into the water the first of two hybrid power ocean energy construction vessels (OECVs) it is building for compatriot shipping group Island Offshore. The vessel, marked NB 977, touched the water at Vard Shipyards Romania – Brăila on February 9, with outfitting
London-headquartered energy services provider Hunting has acquired compatriot Flexible Engineered Solutions (FES), a move made to strengthen its subsea growth and support the company’s 2030 ambitions. FES is based in Ashington and is focused on the design, manufacture, and testing of highly engineer
Oceanbird, a joint venture (JV) between Swedish marine technology company Alfa Laval and shipping company Wallenius Lines, has received its first order for wind propulsion from an undisclosed shipowner. The shipowner placed an order for two Oceanbird Wing 560 wing sails that are contracted for a ret
Inyanga Marine Energy Group’s HydroWing Tidal Energy Projects has secured a contract for an additional 10 MW of capacity in the UK government’s Contracts for Difference (CfD) Allocation Round 7 (AR7) for what will, once fully developed, become the world’s largest tidal energy project. Of note, the U
Spanish transmission system operator (TSO) Red Eléctrica has completed the interconnection between the islands of Tenerife and La Gomera in Spain, reinforcing the security of supply in the Canary Islands. The interconnection consists of a 66 kV double-circuit line, with a 36-kilometer underwater sec
An offshore geophysical monitoring survey has commenced at the first carbon capture and storage (CCS) project in Italy, which will use depleted natural gas fields in the Adriatic Sea for the storage of CO2 from industrial districts. Bologna-based offshore survey and geoscience company Lighthouse Geo
The European Investment Bank (EIB) and Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO) have signed a deal for €1.9 billion financing for the development of an interconnector that will eliminate the electrical isolation of the islands of Kos, Rhodes and Karp
The UK’s first commercially ready bio-methanol storage and supply service for shipping has been launched at the Port of Immingham, the largest port by cargo volume in the UK, as part of efforts to advance decarbonization in maritime transport. The three-partite partnership of Exolum, Methanex Corpor
Italian cabling giant Prysmian Group has completed the acquisition of ACSM, a Spanish provider of solutions for submarine cable installation, including subsea surveying, route planning and seabed preparation. Based in Vigo, ACSM has been operating for over 20 years across 60 countries, with over 350
Marine Renewables Canada (MRC) has published a national roadmap that outlines how offshore wind, tidal, wave, and river current energy can help meet Canada’s surging electricity demand, projected to increase two to threefold by 2050, with marine renewable energy seen as a key pillar of the country’s
Norwegian energy data and intelligence company TGS has commenced two new offshore acquisition campaigns, one in Angola and the other in the Gulf of America. In a strategic collaboration, TGS and SLB announced on February 10 the launch of Engagement 9, the latest phase of the companies’ ocean bottom
Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a contract with an undisclosed client for well intervention and abandonment services offshore Spain. Aquaterra Energy said that the contract, worth seven figures and encompassing multiple years, will see
A new industry-academia research collaboration project, led by the National University of Singapore’s Centre for Hydrogen Innovations (CHI), has been launched with a focus on the development of next-generation ammonia-fuelled marine engines with near-zero emissions to help in speeding up the decarbo
The UK government has awarded a record 14.7 GW of renewable energy capacity in the Contracts for Difference (CfD) Allocation Round 7 (AR7), its largest CfD round ever in capacity, with tidal stream securing 20.9 MW across four projects. On January 14, the UK government announced the award of 8.4 GW
