Marine survey contractor Argeo has signed a contract extension for the Hugin 6000 autonomous underwater vehicle (AUV). The project, which started on 1 September 2022 with a minimum guaranteed duration of six months and a six-month extension, has now been extended to 1 March 2024. The initial contrac
DNV has started a joint industry project (JIP) to increase certainty in the design process for offshore wind farms challenged by earthquakes. The so-called ACE2 JIP is a follow-up project of “Alleviating Cyclone and Earthquake Challenges” (ACE) project and will deeply investigate issues related to e
UK-based high-voltage direct current (HVDC) cable manufacturer and installer XLCC has appointed a new chief executive officer (CEO) from Global Marine Group to drive business growth. According to XLCC, the appointment of Ian Douglas as CEO takes the company into the next phase of its evolution, the
New projects in the transformation of the offshore energy sector are here. In this process, the industry is dealing with the following questions: to provide energy that is secure, affordable and lower in carbon. The European Union (EU) and Norway recently formed a Green Alliance to strengthen their
Dutch geo-data specialist company Fugro has been awarded a contract to perform a geotechnical site investigation, which is set to kick in this weekend, for Australia’s first offshore wind farm, Star of the South. The geotechnical site investigation is partly funded by the Victorian Government throug
Neptune Energy has brought on stream an oil and gas field in the Norwegian Sea off Norway, which has been tied back to Equinor’s platform.
French engineering company Technip Energies has received Approval in Principle (AiP) from compatriot classification society Bureau Veritas (BV) for its Offshore C-Hub concept. Technip’s Offshore C-Hub concept is a floating vessel that receives liquid CO2 from shuttle tankers, provides buffer storage
Aquaterra Energy is expanding its riser and connector portfolio with the addition of a completions and workover system that will support carbon capture and storage (CCS) developments. According to the company, the end-to-end solution will allow operators to safely perform workover and intervention o
Japan-headquartered Sumitomo Electric Industries is planning to establish a power cable factory in Scotland which will supply cables for offshore wind farms and grid connections. “Sumitomo Electric has the technologies necessary for the development of a green society and will work with the Scottish
Subsea 7 has reported a revenue of $1.2 billion for the first quarter of 2023, a 4 per cent increase compared to the same period last year, stating it is on track to achieve a higher whole-year revenue than in 2022. The revenue increase is said to reflect strong growth of 18 per cent in […]
Hellenic Cables has signed an agreement with the Swedish energy company Vattenfall to supply inter-array cables for the Norfolk Offshore Wind Zone in the UK. Under the agreement, the Greek cable manufacturer will provide approximately 850 kilometres of aluminium cables which will be used to connect
Xlinks has secured £30 million in funding for the development of what is described as the world’s longest HVDC subsea cable that will link Morocco to the UK. In the early development funding round, £25 million comes from Abu Dhabi National Energy Company PJSC (TAQA) and £5 million from energy techno
UK energy market regulator Ofgem has received the application for an electricity interconnector license for the recently announced LionLink multi-purpose interconnector that will connect the UK and the Netherlands. The application was submitted by National Grid Lion Link Limited for a license that w
Nexans Norway has secured NOK 2 billion (around £155 million) in loan guarantees from Export Finance Norway (Eksfin) that will be used for a UK export cable contract. The transaction covers the export and installation of high-voltage subsea cables for the Moray West offshore wind farm off the coast
