Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration has changed its name to SED Energy Holdings, as well as its Oslo Stock Exchange ticker code, following the merger with Singapore’s tender-assisted drilling provider Energy Drilling. The new company name has been re
Energy services provider Expro has been appointed to deliver integrated well testing services for the UK’s first offshore carbon capture and storage (CCS) project, being developed by a joint venture of BP, Equinor and TotalEnergies. Being developed around 75 kilometers east of Flamborough Head, the
The Finnish and Swedish transmission system operators (TSOs) Fingrid and Svenska kraftnät have initiated the planning process for the third submarine cable between the countries which would replace the first connection at the end of its operational lifetime in the late 2030s. Under a signed letter o
The UK has launched the Marine Energy Taskforce (MET), a new initiative aimed at developing a roadmap to realise the country’s marine energy potential. Supported by The Crown Estate and Crown Estate Scotland, the 12-month project will focus on accelerating wave and tidal stream energy deployment whi
Ocean services provider DeepOcean has signed an agreement with Kystdesign for the delivery of seven remotely operated vehicles (ROVs), two of which have already been delivered, expanding its ROV fleet of almost 60 units. DeepOcean recently took delivery of two Constructor-series work-class ROVs (WRO
Swedish tidal energy developer Minesto has secured a SEK 22 million (approximately $2.3 million) loan from Fenja Capital to be used as working capital for its ongoing operations and business development. According to Minesto, the loan has a four percent set-up fee and a one percent monthly interest
The Northern Lights joint venture (JV) has received approval from the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage development. The expansion in Phase 2 will increase the transport and storage capacity from 1.5 million to at least 5 million tons of CO2 per
Singapore-headquartered offshore marine service contractor Kim Heng has signed a memorandum of understanding (MoU) with the newly incorporated government-linked Singapore Energy Interconnections (SGEI) to cooperate on submarine power projects. As part of the non-binding MoU signed on June 9, the par
French marine renewables consultancy Innosea is rebranding as OWC, finalizing its integration into the ABL Group’s global renewable energy advisory unit. The move consolidates Innosea’s research and development (R&D) and engineering capabilities under the OWC name, while structural, hydrodynamics, a
The European Investment Bank (EIB) is supporting the construction of the first submarine electricity interconnection between Spain and France with €1.6 billion, in a push to improve the reliability of power supply among France, Spain and Portugal and with the rest of Europe. Delivered by Inelfe, a j
Fugro has appointed Niels Schallenberg as Group Director Europe & Africa, effective July 1, following Erik-Jan Bijvank’s decision to step down from the position in order to pursue opportunities outside the company. The Dutch company reported last month that Bijvank was stepping down from the positio
UK provider of remotely deployed subsea inspections, TSC Subsea, has joined Pulse Technology Hub to strengthen its footprint in Australasia’s offshore energy sector. The company, which provides robotic inspection solutions for subsea infrastructure, is said to collaborate with both the Hub and Pulse
Clarksons Green Transition service, an in-house advisory offering by shipbroking and maritime services company Clarksons, has expanded to include liquified CO2 (LCO2).
Norway’s Connector Subsea Solutions has signed a memorandum of understanding (MoU) with Brazilian state-owned energy giant Petrobras to advance subsea technology and distribution equipment. The agreement focuses on the development of qualified ball valves for Petrobras’ subsea systems, which are oft
