The UK’s underwater industry will create an estimated 180,000 new jobs and around £20 billion or more in exports by 2035, according to the Global Underwater Hub (GUH). GUH’s recent survey of the sector revealed that almost 90% of subsea companies expect to recruit in the next 12 months, with a longe
Serica has stopped production from a field located in the UK North Sea for repair and replacement following a subsea control module issue.
Australia-based Oilex is hoping to get a licence from the UK authorities, which would enable it to move forward with its CCS project in the UK.
DOF Subsea has entered into an agreement with Otto Candies for the charter of the Jones Act-compliant vessel Chloe Candies to support operations in the Gulf of Mexico. The charter period commences in May and is for a firm period of two years. The aim is to use the vessel to support ongoing operation
Germany’s Federal Maritime and Hydrographic Agency (BSH) has launched the participation procedure for the German continental shelf section of the Hansa PowerBridge subsea cable project. BSH is now accepting submissions from public interest representatives as part of the participation procedure for t
Denmark’s energy operator Energinet has kicked off activities to re-establish the power on the submarine cable between Bornholm and Sweden following a power outage. A fault occurred on the cable at 06:17 a.m. on Saturday, 26 February, causing a power outage for Bornholm, Energinet reported. On Sunda
Among numerous energy transition initiatives, the ones that stood out the most this week were enacted by governments which truly do have the power to bring about the long-overdue upgrade to our energy landscape.
Following a profit warning in late January, Saipem has revealed details about its revised strategic plan for the 2022-2025 period.
Sumitomo Electric Industries and Seaway 7 have signed a Memorandum of Understanding (MoU) to together provide subsea cable engineering, procurement, installation, and commissioning (EPIC) services for offshore wind projects in Japan and the wider Asia-Pacific region. The collaboration is planned to
Eni has started production from Ndungu Early Production development project, in Block 15/06 of the Angolan deep offshore.
Norwegian seismic player TGS, in partnership with Schlumberger, has acquired over 50% of the 3D survey over the northern portion of the Egyptian Red Sea.
Solstad Offshore has reported a revenue of NOK 5.4 billion for the financial year 2021, an 8% increase compared to NOK 5 billion in 2020. Looking ahead, the Norwegian company revealed it fears that the current situation in Ukraine could impact its operations. The Norwegian company announced a full-y
Subsea and offshore drilling services provider Mermaid Maritime has established an indirect wholly-owned subsidiary in Thailand focused primarily on offshore and onshore decommissioning.
Testing, inspection and certification provider Applus+ is conducting non-destructive tests (NDT) for a mystery client’s project to construct a new subsea gas pipeline in Brazil.
