Petrobras has kicked off the opportunity disclosure stage for the sale of its working interest in a producing shallow water field in the Sergipe-Alagoas Basin off the coast of Brazil.
Australian renewable energy business WaveX has signed a memorandum of understanding (MoU) with a compatriot consultancy company, Floating Solutions Consulting (FSC). According to WaveX, under the MoU, FSC is to apply its expertise in operations and maintenance (O&M) from the oil and gas and defense
Salunda has secured its first installation of its patented zone monitoring technology in Australia and the wider Asia Pacific (APAC) region, thanks to a deal to deploy its zone monitoring solution on one of Transocean’s rigs working in Australian waters.
The University of Western Australia’s (UWA) Moored MultiModal Multibody (M4) wave energy converter (WEC) has been retrieved for its first scheduled maintenance checks following the initial deployment phase. The M4 WEC was brought into the marina to undergo its first scheduled checks and maintenance
London-based tidal energy developer Spiralis Energy has launched its national ‘Tides2Tea’ campaign, which aims to raise public awareness and support for tidal energy, setting the stage for 2025 testing in Alderney waters. By linking the campaign to something as ordinary as brewing a cup of tea, the
Italy-headquartered cable systems giant Prysmian has completed the €2.8 billion NeuConnect interconnector project’s first phase of cabling works in the UK waters, marking an important step in establishing the first direct energy link between the UK and Germany. With converter stations under construc
Scottish company Flex Marine Power has launched its second crowdfunding campaign on the Crowdcube platform, aiming to raise funds to deploy and test its SW2 tidal turbine at sea. According to Flex Marine Power, this follows a crowdfunding round in March, which raised £366,000 (approximately $461,00
The latest equipment piece for a newbuild cable laying vessel (CLV), which is being constructed for Nexans, France’s cable systems designer and manufacturer, will fall into place, thanks to an order Ulstein Verft, a Norwegian shipyard, placed with Aalesund-based Hydroniq Coolers. The deal with Ulste
Norwegian Electromagnetic Geoservices ASA (EMGS) has secured a contract with an undisclosed client for a controlled-source electromagnetic (CSEM) survey offshore India, valued at approximately $10 million. According to EMGS, the survey includes a mobilization fee and will be carried out by the compa
German offshore wind and hydrogen developers plan to build an offshore electrolyzer demonstrator at the Alpha Ventus wind farm in the North Sea.
Eco Wave Power has unveiled preparations to inaugurate Israel’s first wave energy pilot project on December 5, 2024, at Jaffa Port, marking a step in the country’s renewable energy endeavors. The EWP-EDF One system, developed in collaboration with EDF Renewables Israel and supported by Tel Aviv-Yafo
Saipem has won a new offshore assignment with BP for work on an Asian integrated project’s offshore facilities for natural gas production and transportation alongside carbon capture, utilization, and storage (CCUS).
Netherlands-based Symphony Wave Power has completed the installation of a turbine in its dry-test system, marking a step towards the development of its wave energy technology. The dry-test system installation represents an important phase in Symphony’s validation program, enabling the company to per
UK-headquartered subsea equipment rental and solutions provider Ashtead Technology has completed its £63 million (approximately $81.6 million) acquisition of Seatronics and J2 Subsea, expanding its subsea survey and robotics capabilities portfolio. According to Ashtead Technology, the deal bolsters
