Brazilian oil & gas giant Petrobras and Dutch geo-data specialist Fugro have expanded their decades-long partnership with four multi-year contracts that together have an approximate value of $340 million. Following a tender procedure, Fugro has been awarded four multi-year, day-rate contracts for th
Minesto, a Swedish tidal energy developer, is leading a consortium of four that has been awarded a SEK 25 million (approximately $2.6 million) grant funding from the Swedish Energy Agency to build a complete microgrid installation in the Faroe Islands. The consortium includes Minesto, microgrid tech
The steel-cutting ceremony for a floating production storage and offloading (FPSO) unit destined for a field offshore Brazil operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell was held at the Sumitomo Heavy Industries’ Yokosuka shipyard in Japan.
A construction support vessel (CSV) owned by Norway’s shipping player Rem Offshore has begun working for Norwegian state-owned energy giant Equinor following an extensive rebuild and mobilization project. In pursuit of more sustainable operations, efficiency enhancements, and cost savings, Rem Offsh
Thailand’s state-owned oil and gas company PTT has signed a heads of agreement (HoA) with the U.K.-based energy company Centrica Energy for a long-term supply of liquefied natural gas (LNG).
What is described as the “world’s first” offshore solar farm integrated within a wind farm has completed assembly at the Port of Amsterdam and is ready for deployment at the Hollandse Kust Noord (HKN) offshore wind farm in the North Sea. Dutch company Oceans of Energy assembled the floating solar fa
The UK Government has decided to reject the huge £25 billion (around €29.5 billion) project that would import 11.5 GW of solar and wind power from Morocco to the British grid via 4,000-kilometer HVDC subsea cables. The Xlinks Morocco-UK power project envisions the development of a commercial-scale r
China-based GCL System Integration (GCLSI), a subsidiary of the GCL Group, has developed a new floating photovoltaic (PV) module designed for offshore solar applications. The NT10/60GT module was produced in collaboration with the Norwegian company Ocean Sun. The module is rated at 480 W and built t
Tree Energy Solutions (TES) and CPC Finland have established a joint company, Luoto Energia, that will develop a large-scale e-NG project at the Port of Rauma in Finland.
The Italy-based global power cable manufacturer Prysmian will supply subsea export cables for the HydroWing tidal energy array, led by UK-based Inyanga Marine Energy Group at the Morlais site off Anglesey, Wales. Scheduled for deployment in early 2026, the HydroWing array aims to deliver 20 MW of pr
Australia’s wave energy developer Carnegie Clean Energy has secured AUD 335,020 (approximately $218,000) in funding from the Blue Economy Cooperative Research Centre (Blue Economy CRC) to advance preliminary design work for the first MoorPower commercial pilot wave energy system. The project will ad
A couple of months after securing a contract for an oil project off the coast of Newfoundland and Labrador, Dutch geo-data specialist Fugro has been appointed to support a deepwater gas project in the Eastern Mediterranean. Italy’s energy company Eni has awarded Fugro with a contract to perform a co
Equinor has secured a drilling permit for an exploration well in the Norwegian Sea, which will be drilled using a semi-submersible rig owned by Transocean, an offshore drilling contractor.
France’s energy giant TotalEnergies has awarded Norway’s Shearwater GeoServices with a contract to perform marine seismic acquisition at an offshore block in São Tomé and Príncipe, West Africa, it entered last year. The project is the first under a three-year firm capacity reservation agreement (CRA
