Petroleum Geo-Services (PGS) has secured a contract with Equinor to carry out seismic acquisition in support of the Northern Lights carbon capture and storage project. The acquisition is scheduled to start in the second quarter of the year and will have a duration of approximately one month. Equinor
Mermaid Maritime’s wholly-owned subsidiary Mermaid Subsea Services Thailand (MSST) has taken delivery of the pipelay vessel Resiliant, previously known as Swiber Conquest. MSST signed a Letter of Intent (LoI) with Swiber Holdings for the purchase of the pipelay vessel at the beginning of November 20
UK energy market regulator Ofgem is inviting tenders to own and operate prebuilt electricity links including cables and substations which connect Seagreen 1, Scotland’s largest offshore wind farm, to Great Britain’s mainland energy network. This will be the ninth tender round Ofgem has conducted und
Norway, the global subsea tie-back leader, is set for an inflation-driven cost increase of $6.5 billion on upcoming contract awards for goods and services in the offshore oil and gas industry through 2026, according to Rystad Energy’s latest report. During the five-year period, about 275 subsea tree
The recently deployed xWave wave energy prototype, developed by U.S.-based company CalWave Power Technologies, has served as a platform for several environmental research operations led by PNNL’s Triton initiative.
CGG has secured a three-year contract extension to continue operating a dedicated 4D permanent reservoir monitoring (PRM) imaging center at Equinor’s Stavanger offices in Norway. Equinor’s asset teams analyze the 4D seismic images delivered by CGG within days of acquisition in order to optimize prod
Fugro has secured a new contract with Denmark’s Energinet to undertake cable route surveys for the North Sea Energy Island project. The North Sea Energy Island will serve as an offshore power plant distributing up to 10 GW of offshore wind to Denmark and other neighbouring markets. Fugro will perfor
The U.S.-headquartered Baird Capital has invested in Subsea Technology & Rentals (STR) to support the UK subsea rental equipment provider in developing its equipment and service offerings. The investment will also enable STR to further expand its geographical reach, with the Americas, mainland Europ
British oil and gas major BP has contracted Norway’s Petroleum Geo-Services (PGS) to deliver a carbon capture and storage (CCS) 3D seismic acquisition scope over the Endurance reservoir offshore the UK. Seismic acquisition is scheduled to start during April at the site located about 145 kilometers o
Singapore-based Ultra Deep Solutions (UDS) has secured another contract with an undisclosed engineering, procurement and construction (EPC) contractor in the South East Asia region.
The developers of the PacWave South wave energy test site have installed four steel conduits under the seafloor offshore Oregon that will house subsea cables for linking the site with the mainland.
Subsea 7 has received DNV Technology Certification for its Swagelining polymer lined riser product, said to be a world first. According to Subsea 7, the qualification programme was designed to address the challenges presented by the dynamic service environment and vertical orientation of the riser p
The U.S. National Offshore Wind Research and Development Consortium (NOWRDC) has selected Dive Technologies to receive a share of $3.4 million funding for its autonomous underwater vehicle (AUV) technology. The Massachusetts-headquartered company said it will use the support to bring its next-genera
Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, l
