UK energy market regulator Ofgem has withdrawn the cap and floor regime awarded in principle for a 1.4 GW interconnector due to the project having encountered “significant delays”.
On 17 December, the governments of Azerbaijan, Georgia, Romania, and Hungary entered into an agreement under which the four countries committed to bringing forward a subsea link in the Black Sea that will, among other things, transfer electricity from future offshore wind farms in Azerbaijan’s part
Scana-owned PSW Technology has signed an agreement with offshore drilling contractor Northern Ocean Operations for the sale of a complete marine riser system for ultra-deep-water operations. The contract includes project management, inspection, repair and logistics of the marine riser system. Work s
Norwegian oil and gas company Aker BP has awarded Subsea 7 with three contracts for the delivery of equipment and installation services for projects located offshore Norway. Subsea 7 confirmed the award of a “major” contract for the Yggdrasil field development project, formerly NOAKA, a “large” cont
Offshore energy industries, which up until recently had little in common, are becoming increasingly intertwined as governments and private sectors step up their game for a more integrated and sustainable energy mix of the future.
Hellenic Cables, the cables segment of Cenergy Holdings, has been hired by the Greek Independent Power Transmission Operator (IPTO) to deliver the electrical interconnection between Ionian islands of Kyllini and Zakynthos.
Aker BP has submitted a PIO and ten PDOs for oil and gas projects to the Norwegian Ministry of Petroleum and Energy.
Rotech Subsea has successfully carried out the cable cut and recovery operation at an offshore wind farm in Denmark.
The Finnish and Swedish gas transmission system operators (TSOs) Gasgrid Finland and Nordion Energi, and offshore wind developers OX2 and Copenhagen Infrastructure Partners (CIP) have entered into an agreement to investigate the development of large-scale offshore hydrogen pipeline infrastructure co
Italian shipbuilder Fincantieri has laid out its strategy for the upcoming period putting a major focus on building up its competencies in the construction of digital and net zero ships. The company’s 2023-2027 Business Plan aims to create greater synergies between the company’s cruise, defense, and
Dutch thermoplastic composite pipe (TCP) producer Strohm has completed the largest funding round in the company’s 15-year history by securing a €15 million investment to support its TCP solutions. The €15 million investment includes a €10 million commitment made by ING Corporate Investments (a 100%
Global Maritime has provided marine warranty survey (MWS) services for CorPower Ocean’s HiWave-5 grid-connected wave energy project.
OKEA and Equinor in collaboration with license partners have set the wheels into motion to electrify the Draugen field and Njord A platforms.
Saipem has secured new offshore contracts with a total value of approximately $1.2 billion for work in Guyana and Egypt.
