Taiwan-based Dong Fang Offshore (DFO) has signed a shipbuilding contract with Norwegian shipyard Westcon for the delivery of a subsea and cable laying vessel (CLV), a move said to come due to the need for installation capacity in Taiwan, as another DFO vessel will be working in Europe until the end
The North Sea Transition Authority (NSTA) has opened its second carbon storage licensing round, offering 14 locations offshore Scotland and England for exploration and appraisal, with the stores offering up to 2 gigatons of additional CO2 storage capacity. The round, opened today, December 9, offers
UK-based Enshore Subsea has secured three initial projects for offshore grid systems in Germany under a six-year framework agreement with French cable systems designer and manufacturer Nexans. Enshore Subsea is responsible for installing the Wadden Sea sections of the submarine cable system for the
French energy giant TotalEnergies is set to merge its upstream business with NEO NEXT, creating what is said to be the largest independent oil & gas producer in the UK. The partners have signed an agreement under which TotalEnergies will merge its upstream business with NEO NEXT and become the leadi
A joint venture (JV) between Danish power cable manufacturer and installation firm NKT and Taiwanese cable company Walsin Lihwa has inaugurated Taiwan’s first offshore power cable factory. Operated by the JV Walsin Energy Cable System (WECS), the factory was inaugurated on Saturday, December 6, in K
As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common interest (PCIs) and projects of mutual interest (PMIs).
Global Underwater Hub (GUH), the trade and development body representing the UK’s multibillion-dollar subsea sector, has undertaken a new study for the nation’s underwater sectors, which emphasizes that frequent delays to offshore energy and infrastructure projects threaten the viability of Great Br
Wave energy test site PacWave and the Bonneville Power Administration (BPA) have signed a power purchase agreement (PPA) that will enable the first delivery of wave-generated electricity to the U.S. main grid, with CalWave preparing to deploy its xWave device at the PacWave South site operated by Or
U.S. Testing Expertise and Access for Marine Energy Research (TEAMER) has introduced a new support category focused on commercialization, marking an expansion of its long-running program that has so far centered on testing services for marine energy technologies. The initiative provides business-foc
The Global Centre for Maritime Decarbonisation (GCMD) and partners have closed the world’s first fund for vessel retrofits with a pay-as-you-save repayment mechanism, securing total commitments of up to $35 million and exceeding its initial target.
HMM, South Korea’s largest national carrier, has partnered with B-International Shipping and Logistics, a part of the Swiss BGN group of companies, to establish a joint venture in Singapore.
German chemical company BASF and U.S. energy major ExxonMobil have signed a joint development agreement to co-develop methane pyrolysis technology for low-emission hydrogen.
Underwater technology company Sonardyne has added more work to its existing contract with the Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, for the UK’s first offshore carbon capture and storage (CCS) project. Developed some 75 kilometers east of Flamborough
The Netherlands-based Dieseko Group and Swedish wave energy developer CorPower Ocean have formed a consortium to launch VibroDrive+, a research project aimed at advancing offshore anchor technology through improved design and installation methods. Backed by €400,000 in Eureka Eurostars funding, the
