The Norwegian Ministry of Energy has awarded four new exploration licenses related to CO2 storage on the Norwegian Continental Shelf (NCS) to six companies as part of the sixth call for CO2 storage on the NCS. The exploration licenses are located in the North Sea, with two offered to Equinor, one to
French provider of tubular solutions Vallourec has secured a contract extension with Abu Dhabi National Oil Company (ADNOC) to continue supplying tubes and connections for offshore and onshore oil and gas fields. Vallourec and the National Oil Company of Abu Dhabi signed a two-year extension to the
Italian cabling giant Prysmian Group has awarded Finnish construction and development company YIT with a contract to build warehouse facilities at the production site for submarine cables in Kirkkonummi, Finland. Under the contract valued at approximately €35 million, YIT is in charge of the expansi
SENCO Hydrogen Capital, a private equity firm focusing on investments across the hydrogen and energy-in-transition value chain, has invested €20 million in Dutch manufacturer of innovative pipeline technology Strohm to boost the company’s growth trajectory. Made shortly after the first closing of SE
Norway-based ocean services provider DeepOcean has secured its first work with Australian energy giant Woodside Energy, entailing subsea inspection, maintenance, and repair (IMR) services to be performed at Senegal’s first offshore oil deepwater development. DeepOcean’s subsidiary Searov Offshore SA
A number of industry partners have kicked off the next phase of the On Demand Ocean Bottom Node (OD OBN) development project which aims to provide a versatile, lower-cost, more resilient solution for time-lapse seismic and subsidence monitoring of producing reservoirs. The project, which began in 20
Norwegian vessel owner DOF Group has placed an order with compatriot Kystdesign for two remotely operated vehicle (ROV) systems. Under the new contract, Kystdesign will deliver two complete Constructor Compact ROV systems, a newly developed compact version of the Constructor ROV, to DOF. “We are ple
Paris-headquartered investment management company Meridiam has entered into the shareholding structure of the company responsible for the implementation of the electric interconnection project between Greece, Cyprus, and Israel. Greek transmission system operator (TSO) Independent Power Transmission
Norwegian state-owned energy giant Equinor and French gas transmission operator GRTgaz have signed a project development agreement (PDA) for a transport system for captured CO2 from industrial emitters in France to permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project
With the wish to accelerate growth as an advanced technology company, France-based geophysical services company CGG has rebranded following 90+ years of history. With the launch of the new brand, CGG, created in 1931 and now known as Viridien, said it marks the next stage in its strategic growth as
U.S.-headquartered Ocean Power Technologies (OPT) has delivered the first set of WAM-V uncrewed surface vehicles (USVs) to subsea specialist Sulmara as part of the largest single order of WAM-Vs to date. According to OPT, the WAM-V is designed to adapt to various marine environments and applications
MacArtney Underwater Technology Group’s GreenLink terminations will connect technology at PacWave South (PWS), an Oregon State University platform for testing marine energy devices in open-ocean environments to advance wave energy as a reliable power source.
Norwegian shipping company Solstad Offshore has secured contract extensions for two of its construction support vessels (CSVs). Subsea7 has exercised the 2025 optional charter period for the Normand Subsea, with the contract now firm until December 31, 2025, with no further options thereafter. The 2
UK-headquartered oil and gas company Dana Petroleum has awarded Subsea7 with a contract to deliver subsea services at a field development located in the UK Central North Sea. The Bittern oil and gas field, located in Blocks 29/1a and 29/1b, was discovered in 1996 and has been developed through five
