TGS, SAND Geophysics and Norwegian Geotechnical Institute (NGI) have entered into a strategic cooperation agreement to provide early-phase ground condition and geohazard evaluations for offshore wind farm development. The partnership aims to support wind farm front-end engineering design (FEED) stud
Italy-headquartered Prysmian Group has been awarded a contract by Réseau de Transport d’Électricité (RTE) to provide power grid asset management services for Saint-Nazaire, Fécamp, and Calvados wind farms offshore France. Under the contract, Prysmian Group will provide inspection, maintenance, and r
Carbon capture and storage (CCS) projects in the Gulf of Mexico could play an important role in meeting U.S. greenhouse gas emission reduction goals, however, many challenges remain, according to a report by Wood Mackenzie. There are currently 22 CCS projects in the U.S., accounting for 19% of globa
Horisont Energi and Neptune Energy are set to apply for the license to operate an area for CO2 storage in the North Sea that Norway’s Ministry of Petroleum and Energy announced on 2 November. The parties plan to apply together, with Neptune Energy having the operatorship for the development phase an
Maersk Supply Service has secured a contract with ExxonMobil Guyana for the subsea support vessel (SSV) Maersk Nomad to be deployed on field development activities offshore Guyana. Maersk Nomad will operate with two remotely operated vehicles (ROVs) onboard, providing general and subsea support scop
Magseis Fairfield has reported a revenue of $99.3 million for the third quarter of 2022, up from $84.3 million in Q3 2021, despite technical downtime on a node handler and delayed start-up of a project. Revenue for the first three quarters of 2022 amounted to $277.9 million, compared to $185.9 milli
Norway’s Ministry of Petroleum and Energy is inviting applications for an area on the Norwegian continental shelf (NCS) that would be used for CO2 injection and storage. The area encompasses defined blocks in the North Sea. “Today’s announcement of land for the storage of CO2 is new evidence of the
Geo-data specialist Fugro has signed a collaborative agreement with UAE-based port operator Abu Dhabi Ports (AD Ports) that sets out combined goals to utilise remote and autonomous technologies in the region. Whilst the agreement formalises the partnership, the companies have been working together s
The first 100 kilometers of subsea cable has been installed for SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) link in the North Sea. The £660 million project will involve constructing a 260-kilometers subsea cable from Shetland to the GB mainland, linking Shetland to the national g
Germany-headquartered subsea geo-information specialist TrueOcean has launched a new digital platform that unifies subsea survey data formats. According to TrueOcean, the smart marine data platform (MDP) accelerates the transformation of marine data acquired by underwater sensors, including multibea
The receiving terminal of the Baltic Pipe project located at Varde in Western Jutland, Denmark, has been put into operation and is now receiving gas from Norway. The terminal was put into operation on 1 November at 6 a.m. local time, so far with half of the total capacity (6,700 MWh/h). This means t
Clinton Marine Survey, on behalf of OX2, has carried out a geophysical survey for the Galatea-Galene wind farm offshore Sweden. The survey of about 370 square kilometres was carried out by Clinton Marine Survey’s Northern Storm vessel over a five-week period and included both the wind farm area and
Solstad Offshore has secured new contracts for three of its subsea construction vessels (CSVs) which have a combined time charter value of approximately NOK 1.6 billion (around €156.5 million). Havfram contracted Normand Vision for a period of three years firm, plus options for additional two years.
PanGeo Subsea, a subsidiary of Kraken Robotics, is nearing completion of its busiest year so far in terms of acoustic corer contracts, valued at over $8 million in 2022. Earlier this year, PanGeo won a $5 million contract in the U.S. to support an oil platform decommissioning survey and acquire 63 o
