BP, Equinor and TotalEnergies have selected nine contractors for engineering, procurement, and construction contracts, with a combined value of around £4 billion, for two projects being developed in Teesside that are said to be vital for the UK’s decarbonization journey. Net Zero Teesside Power (NZT
Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 mil
The Egyptian government has signed seven memoranda of understanding (MoU) with international developers to set up green hydrogen and renewable energy projects in the Suez Canal Economic Zone (SCZONE).
Texas LNG has received sufficient expressions of interest from project finance banks to move to the execution phase of project financing.
TotalEnergies EP Brasil has handed out new contracts for two platform supply vessels (PSVs) to Siem Offshore do Brasil.
Subsea7 has secured what it describes as a “large” contract with Woodside Energy to deliver subsea installation services for a deepwater oil project in the Gulf of Mexico. The Trion project, which Woodside is developing in partnership with Pemex, involves a wet tree subsea system connected to an inf
Dutch maritime equipment manufacturer Straatman has commissioned the complete mooring system for Germany’s Stade LNG terminal, which is expected to play an important role in facilitating LNG imports and securing the country’s supply. Stratman revealed that with the first arrival of the floating stor
Equinor has handed out four-year contract extensions to three companies for work on 19 platforms located off the coast of Norway.
PaxOcean Group has delivered a new class of compact semi-submersible (CSS), which will work for Shell off the coast of Brunei.
UK-based Tadek Ocean Engineering has created a mooring and cable solution for the Renewables for Subsea Power (RSP) project that combines wave energy with subsea storage to power subsea equipment. Aberdeen-based Verlume connected Mocean Energy’s Blue X wave energy converter with a Halo underwater ba
The U.S. Department of Transportation’s Maritime Administration (MARAD) has published a notice of funding opportunity (NOFO), making $450 million available for Port Infrastructure Development Program (PIDP).
Naples-headquartered survey contractor Next Geosolutions (NextGeo) has completed survey works for the east section of the Italian Tyrrhenian Link connecting Sicily with Campania. NextGeo has wrapped up all the pre-installation survey tasks for the Tyrrhenian Link East branch on behalf of Italian cab
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) has announced $750 million for 52 projects across 24 states to support the hydrogen industry. According to DOE, these projects, funded by the President’s Bipartisan Infrastructure Law, will help advance ele
SSEN Transmission has renewed its partnership with BAM and Siemens Energy regarding the delivery of onshore transmission infrastructure schemes. BAM and Siemens Energy will support SSEN Transmission in delivering onshore transmission infrastructure schemes, working to help deliver the substations th
