Vard, a subsidiary of Fincantieri, has signed a contract with an international shipping company for the design and construction of a new cable-laying vessel. The 95-meter-long vessel will be built entirely by the Vard network, including the main systems and equipment. It will comprise 60 single cabi
Mermaid Subsea Services UK has secured a multi-well contract to be carried out on behalf of a North Sea operator, said to represent the company’s largest contract to date. The two-year contract includes the decommissioning of 22 wells and will see the creation of 12 new roles at Mermaid’s Aberdeen h
German and Belgium transmission system operators (TSOs), 50Hertz and Elia, have issued a tender for offshore unexploded ordnance (UXO) survey, identification, and clearance campaign in the cable installation corridor(s) in the Baltic and North Seas. Since this joint procurement involves different co
After filing the documents for the public planning procedure for the section of the BorWin4 offshore grid connection that lies in the Exclusive Economic Zone (EEZ) in 2021, German transmission system operator Amprion has now announced that the approval process at the Federal Maritime and Hydrographi
Greek cable manufacturer Hellenic Cables has signed a contract with the Greek electricity grid operator Independent Power Transmission Operator (IPTO) for the fourth phase of the Cyclades interconnection project. The project includes the Lavrio-Serifos and Serifos-Milos interconnections with a total
Fugro and Gardline have been awarded a contract to carry out preliminary geotechnical investigations for the future offshore wind farms in the Danish North Sea, Kattegat, and Danish Baltic Sea. The tender, which was published by the Danish transmission operator (TSO) Energinet, was divided into two
Italy’s cabling giant Prysmian has secured a €120 million loan from Italian investment bank Cassa Depositi e Prestiti (CDP) which will be invested in R&D for network upgrading purposes. The loan will be used to support R&D plans focused on the implementation of innovative technologies and contribute
The Norwegian Ministry of Petroleum and Energy has received applications from five companies seeking permits related to the injection and storage of CO2 on the Norwegian continental shelf (NCS). The area is located in the North Sea and was announced on 11 January in accordance with the storage regul
An ambitious collaborative project to power subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, has taken to the seas in the north of Scotland.
Norway’s seismic company PGS has commenced a 3D seismic survey over a license offshore Namibia on behalf of Pancontinental Orange, a wholly owned subsidiary of Pancontinental Energy NL. PGS is carrying out the 3D survey over a planned area of approximately 6,800 square kilometers in block PEL 87 usi
Malaysian energy company Petronas has awarded consulting company Namaka Subsea with a contract for the provision of diving contractor and competency assurance services. “We are thrilled to have been selected by Petronas for this contract,” said Namaka Subsea’s Managing Director, Lee Duncan. “This is
With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?
UK energy market regulator Ofgem has provisionally approved SSEN Transmission’s plans to develop a subsea electricity transmission link to Orkney. SSEN Transmission submitted investment plans to Ofgem in March 2018 to build a new subsea transmission link to provide the additional capacity needed to
Subsea7, Siem Offshore, and Kongsberg Maritime have signed a Memorandum of Understanding to jointly look at optimisation of marine operations for floating wind projects. The main objective of the study is to identify gaps in capabilities of existing marine operation methodologies and equipment, to e
