King Frederik X of Denmark has opened the first full-scale CO2 storage site in the EU, led by INEOS Energy, with partners Harbour Energy and the Danish North Sea Fund (Nordsøfonden). Project Greensand was in December 2022 granted an exploration permit for the injection and storage of up to 15,000 to
Italy-headquartered offshore survey specialist Next Geosolutions (NextGeo) is expanding into Germany with a new office to open in Bremen. According to the company, Bremen’s position at the heart of the North Sea maritime cluster and its growing marine technology community provide a strong environmen
A carbon capture facility has been inaugurated in the Netherlands at Yara’s plant, from where CO2 will be transported by ship to Norway for permanent storage under the seabed as part of the Northern Lights project. Deemed Europe’s largest industrial carbon capture facility, it will capture up to 800
The first fully operational, pre-permitted and grid-connected wave energy test facility in the continental U.S. has opened for business. Officially opened on August 27, PacWave South is located off the coast of Newport, Oregon, and has been developed through the collaboration of the U.S. Department
Eco Wave Power’s U.S. subsidiary has entered into an agreement with Germany-based AI engineering to develop an AI-powered digital twin platform for its wave energy technology. The companies have begun Phase 1 of the Eco Wave Power – Digital Twin & Energy-Aware Computing project, combining advanced p
Texas-headquartered offshore energy services provider Helix Energy Solutions and Hornbeck Offshore Services, a Louisiana-headquartered supplier of offshore transport services, have completed their merger, establishing what they describe as a premier integrated offshore services company. As announced
Singapore-headquartered offshore marine service contractor Kim Heng and South Korea’s marine and civil work construction company Heungwoo Industrial have entered into a joint venture agreement (JVA) to incorporate a joint venture (JV) company in Korea. Kim Heng’s 50%-owned subsidiary Thaitan Interna
South Korea’s Taihan Cable & Solution and Panstar Robotics, established by the Korea Institute of Robotics & Technology Convergence (KIRO), have signed a memorandum of understanding (MoU) to jointly develop remotely operated vehicles (ROVs) that would be deployed domestically, in an effort to reduce
NKT’s new subsea trencher, deemed the world’s most powerful, is approaching final assembly and entering the first round of testing, the Danish power cable manufacturer and installation firm reported. NKT announced the investment in the NKT T-3600 trencher in June 2025, as part of its ongoing investm
C-Job Naval Architects and vessel operator Glomar Offshore have revealed the design of an offshore support vessel (OSV) described as a “Swiss Army knife for offshore work” due to its versatility. The OSV, said to be purpose-built as Glomar’s first vessel of its kind, has been designed for diverse of
A £150 million (around €175.6 million) extreme environment center capable of simulating currents, waves and wind is planned to be built in the UK, enabling the testing of technologies in realistic simulated conditions for the subsea and offshore wind markets, among other things. Being developed by N
Italian cabling company Prysmian has acquired a training facility for high-voltage cable jointers in Scotland, bringing on board over 20 apprentice jointers and experienced training staff. Located in North Ayrshire, the academy will support installation and inspection, maintenance and repair (IMR) o
Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited is continuing its geographical expansion journey with the establishment of a formal corporate presence in the U.S. The wholly owned corporate presence in Delaware, with an immediate commercia
Houston-based subsea energy equipment and services specialist KOIL Energy Solutions has entered into a strategic alliance with Pipeline Network, a consultancy focused on the oil & gas pipeline services sector, with the aim of expanding its international presence, operational capabilities, and custom
