A Malaysia-headquartered provider of marine services to the offshore oil & gas industry has made a move that brings it a step closer to the construction of a multi-purpose cable laying vessel (CLV). Megamas Resources has signed a letter of intent (LoI) with German shipyard Lloyd Werft Bremerhaven to
ACWA Power has signed several clean energy memoranda of understanding (MoUs) with U.S. companies, totalling $500 million.
The UK’s North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) to coordinate efforts around energy and carbon storage in the North Sea. According to NSTA, the agreement outlines shared priorities, including enabling co-location of technologies,
A joint venture of UK’s Enshore Subsea and Belgian Herbosch-Kiere has laid the two submarine cables for what is said to be a project that aims to revolutionize Senegal’s power infrastructure and provide sustainable electricity to millions of people. The partners reported today, May 16, that the seco
Switzerland-based StreamTec Solutions has signed a cooperation agreement with Timor-Leste’s national oil & gas company Timor Gás & Petróleo, E.P. (TIMOR GAP) and the Ministry of Petroleum and Mineral Resources (MPRM) to establish a company that will develop an underwater pipeline highway for the tra
Fugro has initiated a recruitment process to replace its Group Director for Europe and Africa, who has decided to step down in order to pursue other opportunities. The Dutch company reported at the beginning of this week that Erik-Jan Bijvank was stepping down as Group Director Europe and Africa to
Norwegian Omega Subsea has awarded compatriot remotely operated vehicle (ROV) manufacturer Kystdesign with a contract for 12 new ROVs, scheduled for delivery next year, of which eight shall be deployed to support Solstad Offshore. Out of the 12 systems, eight are set to support various vessel and su
LS Eco Advanced Cables (LSEAC), a joint venture between Global InterConnection Group (GIG) and one of the subsidiaries of LS Group, a Korean cable manufacturer, has launched a five-week public consultation on plans for a £923 million subsea and onshore cable facility at the Port of Tyne in the UK. T
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 17 marine energy projects through its fifteenth request for technical support (RFTS), allocating over $2.3 million in assistance. Technical support recipients (TSRs) will gain access to numerical modeling,
Western Australia (WA) is well-placed to export locally made green hydrogen and ammonia to Europe via Mid West, according to the Trilateral Hydrogen Hub (TrHyHub) feasibility study.
Almost two-thirds of companies in Scotland’s clean energy supply chain are investing in skills, capabilities, and facilities to prepare for growth in the renewable sector over the next three to five years, according to new data from Scottish Renewables. The findings come from the trade body’s sixth
Italy-headquartered Rosetti Marino has secured an engineering, procurement and construction (EPC) contract valued at over €300 million for a carbon capture and storage (CCS) project offshore the UK being developed by Italian energy major Eni. The contract for the Liverpool Bay CCS project covers the
Nexans has secured a contract with government-owned Interconnect Malta (ICM) to deliver the second Malta-Sicily interconnector, a new 225 MW high-voltage alternating current (HVAC) link that will reinforce Malta’s electricity system and ensure a stable and resilient energy supply. Under the contract
Denmark-headquartered power cable manufacturer and installation company NKT has signed an agreement with Norway’s aluminium and renewable energy company Hydro for the supply of low-carbon aluminium wire rod through to 2033. The two firms have been partners for over 40 years. According to NKT, the ag
