Norway’s energy giant Equinor has selected compatriot Aker Solutions for work on a subsea development that will combine multiple discoveries in the northern part of the North Sea.
Equinor has hired Subsea Integration Alliance (SIA), a strategic alliance combining the strengths of SLB OneSubsea and Subsea7, to handle an assignment related to the next stage of its operated oil field off the coast of Brazil.
Swedish Export Credit Corporation (SEK), a state-owned company that finances Swedish exporters, their subcontractor, and foreign customers, has agreed a €800 million loan facility with National Grid Electricity Transmission to fund a portion of what is said to be the UK’s largest-ever electricity tr
UK-based manufacturer of subsea and power cables, JDR Cable Systems, part of TFKable Group, has secured a service contract with an Indian multinational enterprise engaged in engineering, Larsen & Toubro (L&T), to test 14 umbilical cables for offshore platforms in the Middle East. According to JDR Ca
TechnipFMC and Vår Energi have struck a deal related to the model that will be used to bring to life future subsea developments in the Gjøa area in the North Sea, off the coast of Norway.
Rosenxt UK, part of Swiss technology group Rosenxt Holding, has acquired selected assets and talent from subsea robotics and engineering firm Beam, which ceased operations earlier this year. Beam, formed by the merger of UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst in
The hull of Nexans’ new cable-laying vessel (CLV) has arrived at Ulstein Verft in Norway, marking the start of its outfitting and completion phase. Based on an ST-297 CLV design by Skipsteknisk, Nexans Electra, ordered as the second vessel by Nexans at Norway’s Ulstein Verft, is an updated version o
Belgian GeoXYZ will be kicking off site investigations this month for a 750 MW electricity interconnector that will link Ireland and Wales. The MaresConnect interconnector will comprise a cable route of approximately 245 kilometers under the sea and underground between Dublin in Ireland and Bodelwyd
Rotterdam-headquartered Draeger Marine & Offshore (DMO) has provided insight into the support provided during the UK’s first carbon dioxide (CO2) injection test for carbon capture and storage (CCS).
U.S. offshore engineering and construction player McDermott has secured a contract defined as sizeable with Brazilian oil & gas player Brava Energia for the transport and installation of flexible pipelines, umbilicals and associated subsea equipment offshore Brazil. Under the contract worth between
The National Wealth Fund (NWF), the UK’s sovereign wealth fund, intends to make a multi-million equity investment in the development that will store CO2 emissions in the East Irish Sea.
U.S.-headquartered energy technology giant Baker Hughes and Danish gas distribution operator Evida have established a partnership to collaborate on developing and enabling CO2 transport solutions across Denmark to back the country’s CO2 reduction goals. The strategic collaboration agreement, signed
Subsea7 has secured an engineering, procurement, commissioning and installation (EPCI) contract offshore Egypt for flexible pipelines, umbilicals, and associated subsea components for a tie-back to existing infrastructure. Subsea7 said the contract was a sizeable one, meaning it is worth between $50
As the global energy transition journey continues to make inroads, a carbon capture and storage (CCS) project in the G-7-AP greenhouse gas (GHG) assessment block off the northwestern coast of the Northern Territory of Australia has secured the Australian government’s backing with the award of a majo
