Sweden has decided to close its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were found on the Nord Stream 1 and 2
The U.S. Department of Energy (DOE) has selected two marine energy projects to receive $6 million for the development of a tidal energy research, development, and demonstration pilot site. A team led by Orcas Power and Light Cooperative (OPALCO), based in Eastsound, Washington, and a team led by ORP
UK’s Enshore Subsea and Belgian Herbosch-Kiere have partnered to purchase a 25-year-old cable-laying vessel (CLV) in a newly created joint venture. Herbosch-Kiere and Enshore Subsea have purchased the 1999-built, 88-meter-long Topaz Installer vessel, set to be renamed CMOS Installer. The vessel is m
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured over $12 million in funding, part of a second tranche of investment, to execute 2024 goals, including augmented autonomy for subsea robots. Nauticus Robotics secured the first tranche of financing be
TotalEnergies has kicked off production from a field offshore Nigeria, which has been tied to an existing FPSO vessel.
Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy do Brasil at rates said to be in line with the improved well intervention market. The contract extension, expected to begin in the fourth quarter of 2024, is for an additional 12 months and is in dir
Finnish shipping company Viking Line has signed a Memorandum of Understanding (MoU) with the Ports of Stockholm, and the Port of Turku to create a green maritime corridor between Turku and Stockholm. The goal is for the corridor to be 100% carbon-neutral by 2035. The partnership aims to develop scal
Woodside and Santos have put an end to their discussions concerning a potential A$85.7 billion (about $55.9 billion) merger.
Axess Group has landed a long-term inspection contract for a recently converted FPSO, which is destined to work on Woodside’s oil project.
Oceaneering International has secured multiple contracts during the fourth quarter of 2023 with an anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts in Oceaneering’s Manufactured Products segment range in value from less than $10 million to gr
Valaris has confirmed the spudding of the first well in an eight-well campaign, which is being undertaken by one of its semi-submersible rigs.
Italy’s Ministry of Environment and Energy Security has given its approval for the Adriatic Link submarine power line, set to facilitate the integration of renewable sources and support energy transition goals in Italy. The Italian Ministry of Environment and Energy Security authorized, through a de
Ocean Oilfield Integrated Solutions has confirmed the completion of a plug & abandonment program, which one of its jack-up rigs carried out at an offshore field in the UAE for Atlantis (UAQ) Limited.
India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) has appointed Norway’s Shearwater GeoServices to deliver an ocean bottom node (OBN) survey off the coast of India. According to Shearwater, the venture will showcase its Pearl node technology aboard the SW Tasman, a vessel
