The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has unveiled the winners of the first phase of its Power at Sea Prize, awarding $200,000 to 20 teams for marine energy concepts aimed at powering ocean-based activities. “There is so much potential for marine energy technol
Prysmian is hard at work at its factory in Norway to provide cables for two oil and gas development projects in the North Sea, off the coast of Norway. Thanks to these projects, the Italian player’s headcount has gone up.
Norway-based energy data and intelligence company TGS has further expanded its 2025 to-do list with a 3D streamer contract in India and an ocean bottom node (OBN) contract in Europe, both set to be kicked off at the beginning of the year. TGS said it had secured a significant 3D streamer contract fo
Norwegian shipping company Solstad Offshore has secured a contract award with a mystery client that will keep the largest vessel in its fleet fully committed until the end of 2026. Solstad’s subsea construction vessel (CSV) Normand Maximus is 178 meters long and can accommodate up to 180 people. It
Global OTEC has deployed its storm-resistant floating platform, marking a step in developing ocean thermal energy conversion (OTEC) technology. According to Global OTEC, the cylindric hull, named Don and built under the EU-funded PLOTEC project, was launched from Hidramar Shipyards into Atlantic wat
Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050), outlining its focus and priorities to reinforce its long-term vision.
The government of Singapore has unveiled a SGD $100 million (approximately $74,1 million) support package aimed at accelerating green growth in the marine and offshore energy sectors over the next five years. The investment was unveiled by Minister of State Alvin Tan at an event held in Singapore on
Philly Shipyard is facing legal hurdles as U.S. dredging services provider Great Lakes Dredge & Dock Company (GLDD) is seeking injunctive relief concerning the construction of what is said to be the first U.S. offshore wind subsea rock installation vessel (SRIV). GLDD ordered the vessel in 2021, wit
Norwegian shipping company Solstad Offshore has secured multiple new contracts and contract extensions that have a combined value of around $60 million and represent around 900 vessel days. The construction support vessel (CSV) Normand Valiant has been awarded a one-and-a-half-year firm contract wit
The Zero Emissions Ship Technology Association (ZESTAs) and Tanzania’s Environment and Empowerment Movement (TEEMO) have signed a memorandum of understanding (MoU) to collaborate on the development of green hydrogen shipping fuel and the associated capacity building in Tanzania.
Norway’s Omega Subsea and Kystdesign have completed the factory acceptance test (FAT) for two newly developed remotely operated underwater vehicles (ROVs). The collaboration developed the Constructor Compact ROV, said to be a versatile, scaled-down version of Kystdesign’s Constructor model, retainin
Swedish wave energy company Seabased has signed a memorandum of understanding (MoU) with the Government of Grenada and SIDS DOCK to establish Grenada’s first utility-scale wave energy park. Unveiled on November 15 in Baku, the project will kick off with a 2 MW pilot phase, with plans to scale up to
A wholly owned principal subsidiary of Chinese state-owned electric utility corporation State Grid Corporation of China (SGCC) has purchased a 20% share in a subsidiary owned by Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), thereby entering what is
French renewable energy firm Offsolar has finalized the construction of its 238 kWp floating solar platform for state-owned energy player Petronas’ Centre of Excellence for Offshore Renewable Energy (CEFORE) project in Malaysia, marking a step in offshore renewable energy development. According to O
