The Netherlands-headquartered Fugro has announced a reduction of 300 jobs and the withdrawal of its financial guidance for 2025 as a wide range of projects has been affected by postponements due to market uncertainties, mainly seen in oil and gas. Fugro reported on September 22 that although the sec
The EU-funded SUREWAVE project has reached a milestone with the Maritime Research Institute Netherlands (MARIN) extending its hydrodynamic modelling tools to simulate large-scale offshore floating solar farms. According to SUREWAVE, the work scales up to a 2 MW system under different operating condi
An application has been filed to boost the liquefaction capacity of a proposed floating liquefied natural gas (LNG) export project near Kitimat in British Columbia, Canada.
NextGeo has entered into an eight-year framework agreement with the German transmission system operator (TSO) 50Hertz to provide geotechnical seabed survey services for offshore substation development. Under the agreement, valued at multiple million euros annually over eight years, NextGeo will prov
Greece’s Asso.subsea has signed a shipbuilding contract with China Merchants Heavy Industry (CMHI) for the construction of its next-generation trenching support vessel (TSV), described as the world’s most powerful TSV ever built. The shipbuilding contract was signed at Asso.subsea’s headquarters in
A project at Zigljen Port on Croatia’s island of Pag is advancing the use of wave energy for green hydrogen production under the North Adriatic Clean Hydrogen Investment Platform (NACHIP). The “Innovative Green Hydrogen Production from Wave Energy in Zigljen Port (Novalja)” project, led by Leonitus,
Italy-headquartered Next Geosolutions (NextGeo) has begun seabed surveys along the cable corridor route for the second electrical interconnector between Malta and Italy. The IC2 interconnector will link the Terna substation at Ragusa, Sicily, and the Enemalta terminal station in Maghtab, to be laid
Norway’s Shearwater GeoServices has secured more work in India as part of a new contract with state-owned Oil India Limited that will see two of its vessels deployed. The combined 3D and 2D seven-month seismic survey will begin in the fourth quarter of 2025 and will cover the Mahanadi and Krishna-Go
Sweden-based cleantech company Cavotec has been contracted to deliver the first shore power system in the Maldives.
Oilfield services company NOV has won a contract to provide a mooring solution for an offshore floating liquefied natural gas (FLNG) project in the Gulf of San Matías, offshore Argentina.
Indian multinational conglomerate Larsen & Toubro (L&T) has signed a memorandum of understanding (MoU) with Saudi developer of green hydrogen plants ACWA Power for a green ammonia project in Yanbu, a port city on the Red Sea.
Natural Resources Canada (NRCan) has allocated $10.7 million in federal funding for two projects aimed at advancing tidal energy monitoring in the Bay of Fundy. The funding, delivered through the Energy Innovation Program, will support the Ocean Sensors Innovation Platform (OSIP) led by the Fundy Oc
The Brazilian subsidiary of Anglo-French oil and gas player Perenco has started the reactivation program for two assets offshore Brazil previously owned by the country’s state-owned giant, Petrobras.
Norwegian energy data and intelligence company TGS and French geophysical services company Viridien, formerly CGG, have completed the acquisition of an ultra-long offset ocean bottom node (OBN) survey in the Gulf of America (Gulf of Mexico). The Laconia Phase III ultra-long offset OBN survey include
