Archer has signed a sale and purchase agreement to acquire DeepWell based on an enterprise value of NOK 177 million.
With the In focus column, Offshore Energy delivers a weekly snapshot containing the most relevant energy transition items.
Polish GAZ-SYSTEM is carrying out final preparations to begin laying the offshore gas pipeline for the Baltic Pipe project in the Baltic Sea. Drilling of a tunnel for the gas pipeline began in April on the Polish coast, with similar work set to start soon in Denmark, GAZ-SYSTEM said. Allseas will wo
The first ship ever sailed to the future energy island in the Danish North Sea on Monday, 3 May. MMT’s Relume will undertake seabed mapping at the site which will ensure that the construction of the energy island and the hundreds of wind turbines takes place in a technically sustainable way, Energin
Nexans’ new cable-laying vessel (CLV) Nexans Aurora has commenced its sea trials off the Norwegian coast. Nexans Aurora began the yard sea trial on 3 May and continued with the technical sea trial on 5 May. Ulstein Verft said that the sea trial will continue for a few more days, after which the yard
MMA Offshore has secured a contract with OMV New Zealand to support the decommissioning works of three wells in the Maui field. MMA’s engineering team has developed a number of engineered connector recovery and wellhead cap replacement components to replace the existing capping mechanisms in place o
Helix Robotics Solutions has completed its second trenching campaign of the inter-array cables at the Moray East offshore wind project in Scotland. The work was carried out by construction support vessel Grand Canyon III at the project site located some 22 kilometers off the Aberdeenshire coast. All
The BW Offshore-owned FPSO Umuroa has been disconnected from the Tui field, located offshore New Zealand, after spending 14 years there.
Brazilian SM Continental, part of James Fisher group, has won a contract to provide ROV services to oil and gas company Petrobras. The two parties signed the agreement for a period of two years. “These new services and the growing customer base mean that the James Fisher group now has a well-establi
RWE Renewables, itap, BioConsult SH, the University of Stuttgart, and Technische Universität Berlin are to research an innovative vibratory pile driving technique at RWE’s Kaskasi offshore wind farm. The new method for installing foundations is said to have the potential to significantly reduce unde
The Supergen Offshore Renewable Energy (ORE) Hub has awarded four UK institutions with grants from its third Flexible Funding call for research projects focused on underwater offshore wind infrastructure. Southampton University received a share of the awarded £800,000 for a project aimed to identify
The Irish government has allocated €2.88 million for a project that aims to develop a prototype subsea robotic drilling system for the offshore wind sector, amongst others. Mincon Group and its partners Subsea Micropiles, the National University of Ireland and the University of Limerick will design
Subsea 7 has reported an adjusted EBITDA increase of 50 per cent in the first quarter of 2021, to $102 million, compared to $68 million from the same period in 2020. According to Subsea 7, the mentioned boost is driven by progress on Subsea and Conventional projects, high utilization of the PLSVs, a
Swedish wave energy company Seabased is optimising its electrical system that channels inputs from many generators, each absorbing power from different waves, into a single stream of electricity that is ready for the grid.
