UK-based XLCC has secured a £9 million grant from Scottish Enterprise to continue the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland. The grant follows planning approval of the proposed site from North Ayrshire Council in May. When fully operational, the site i
State Grid Corporation of China has launched what – with a cable-carrying capacity of 10,000 tons and a displacement of 24,000 tons – is said to be China’s largest submarine cable construction ship. Qifan-19, developed independently by State Grid Corporation of China for Guojiao No.1 Brand, was laun
Fugro is planning to expand into the carbon capture utilization and storage (CCUS) segment as part of its strategy towards 2027. Fugro has updated its strategic agenda with three priorities, including growing and transforming current business, expanding into developing segments, and increasing recur
Nexans has started the pull-in of the first of two export cables at the 882 MW Moray West offshore wind farm off the coast of Scotland. The offshore export cables were manufactured by Nexans at its factory in Halden under a contract signed with Ocean Winds in 2021. The Nexans Skaggerak and the Nexan
Carbon Catalyst has completed the farmout of a 10% interest in a carbon capture and storage (CCS) project in the UK North Sea to Wintershall Dea. Carbon Catalyst reported on November 14 that it had completed the farmout of a 10% working interest in the Poseidon carbon storage license located in the
Netherlands-headquartered N-Sea is strengthening its fleet and subsea activities with a 2012-built offshore support vessel. N-Sea Group entered into an agreement with Rederij Groen to long-term charter the Dutch-flagged vessel 4-WINDS. The company said that with the long-term charter, it was strengt
Petro Services and its main subcontractor Ocean Installer have secured a contract with TotalEnergies for work on an FPSO in Angola.
Beach Energy has submitted an environment plan for geophysical and geotechnical seabed surveys off the coast of Australia.
Fugro has finished the fieldwork for an environmental and geophysical survey offshore Namibia, which was ordered by Galp.
Plexus Holdings has won a rental contract with Neptune Energy for a plug and abandonment (P&A) project in the UK sector of the North Sea.
Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new 2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough
Prysmian Group has revealed strong results for the first nine months of 2023, with new orders year-to-date amounting to approximately €13 billion.
Palfinger has been hired to provide a comprehensive equipment package for Nexans Marine Operations’ new DP3 cable laying vessel (CLV).
Well results off Guyana serve to further highlight the potential for a standalone shallow oil resource development across the block.
