A 370-meter-long floating storage, production, and offloading (FPSO) unit constructed by Japanese giant MODEC has arrived at its final destination in the Santos Basin offshore Brazil where it will operate at Equinor’s field. The Bacalhau FPSO arrived at its destination in the Santos Basin on Friday,
As a response to a number of recent subsea cable incidents that caused disruptions in the EU, the European Commission and the High Representative have launched an action plan to strengthen the security and resilience of this critical infrastructure, covering both power and communication cables. The
Finland-based marine engineering company Deltamarin has secured a contract to design and engineer upsized methanol dual-fuel Shaper Class pure car and truck carriers (PCTCs) ordered by Norwegian shipping company Wallenius Wilhelmsen at China Merchants Jinling Shipyard (Jiangsu).
UK-based company Global OTEC is preparing to deploy its floating cylindrical hull into the Atlantic Ocean, with operations set to begin once weather conditions allow. The deployment will take place at the Oceanic Platform of the Canary Islands (PLOCAN) off Gran Canaria, Spain. The company recently c
Italy’s energy major Eni has secured the status of a preferred off-taker of renewable energy transmitted from Albania to Italy through a planned 1 GW subsea interconnector by signing an agreement with Emirati partners. Eni’s Chief Executive Officer Claudio Descalzi has signed three collaboration agr
Norwegian renewable energy firm Alotta, in collaboration with compatriot fish farming company Emilsen Fisk, is installing a floating solar power plant at the latter’s facility in Båfjordstranda, making it the “world’s northernmost floating solar power plant.” According to Alotta, the project, backed
London-based technology company H2Terminals has entered into an agreement to supply hydrogen produced at its offshore energy island project in the North Sea to industrial users in London and the Thames Eastuary region.
Houston-headquartered Innovex International, established in 2024 following the merger of Dril-Quip and Innovex Downhole Solutions, has signed a master service agreement with SLB OneSubsea for the supply of subsea wellhead technology. Dril-Quip, a developer, manufacturer and provider of highly engine
French wave energy developer Seaturns has completed sea trials of its wave energy technology at the IFREMER test site in Brest, France, moving a step closer to commercialization. The company is now gearing up for full-scale testing in 2025. In collaboration with IFREMER, Seaturns deployed a 1/4-scal
Belgium’s Blue Accelerator, a blue economy testing platform, has undergone an upgrade as part of the Test@Sea project, enhancing offshore testing infrastructure with new frames and sensors for materials research. According to Blue Accelerator, the expansion was completed in three phases. In fall 202
Norwegian state-owned energy company Equinor has awarded a Denmark-based green tech scaleup with a multi-million euro contract to survey methane emissions from all Norwegian assets using drones. The Danish company Explicit has been contracted to survey 39 offshore platforms located on the Norwegian
MET Development, Eni and Iren Ambiente have started the permitting process for a circular methanol and hydrogen production plant at Eni’s refinery in Pavia, Italy.
Esso Australia, an Australian affiliate of ExxonMobil, and its co-venture partners Mitsui and Woodside Energy are planning to invest almost $200 million into a project offshore Australia that will bring additional gas supply from the Gippsland Basin online. The Kipper 1B Project will use the VALARIS
Norwegian marine geoscience and technology company Shearwater Geoservices has secured a contract from ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, for a large deepwater 4D ocean-bottom node (OBN) seismic survey. According to Shearwater Geoservices, the survey is set to begin
