The Danish Energy Agency has received applications from 16 companies in the call for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion (around $4.1 billion) available to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, tr
Italian cabling company Prysmian Group and Dutch integrated subsea solutions service provider N-Sea Group have signed a seven-year framework agreement for rapid response maintenance and repair of submarine cables. The collaboration targets enhanced energy security, bolstering the resilience of subma
American oilfield services company NOV and Brazilian state-owned energy firm Petrobras have signed a pre-commercial agreement for the development of flexible pipes designed for high CO2 deepwater applications. The collaboration, formalized with the signature of an agreement in February, focuses on c
UK-based Global OTEC is advancing ocean thermal energy with its first onshore pilot of the OTEC Power Module, a compact system designed to generate continuous, clean electricity from ocean temperature gradients. The onshore demonstration will tap into existing deep seawater intake sites, using the t
An Allseas vessel has commenced offshore works for the first offshore carbon capture and storage (CCS) project in the Netherlands with an unexploded ordnance (UXO) survey along the pipeline route, seen as one of several important pre-lay activities before pipeline installation. Allseas’ purpose-buil
Norwegian vessel operator Sea1 Offshore, ex-Siem Offshore, has placed an order with Chinese shipyard Cosco Shipping for an additional two next-generation offshore energy support vessels (OESVs), sisters to the two ordered at the end of 2024. Sea1 Offshore placed the order for the first two OESVs wit
The UK’s Odfjell Technology, a spin-off of Odfjell Drilling, has purchased a 10% stake in a Norwegian well construction and well intervention solutions provider, supporting the firm’s digital pipe technology. Odfjell Technology made a strategic equity investment in Reelwell, purchasing a 10% stake i
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has closed the acquisition of compatriot subsea robotic services provider SeaTrepid International, earlier than anticipated. Nauticus Robotics reported at the beginning of this month that it had signed a definit
The Severn Estuary Commission has confirmed that tidal range energy in the Severn Estuary is a viable option for renewable power generation. However, due to stakeholder concerns, commercial barriers, and legislative challenges, the Commission has ruled out the development of a large barrage at this
European ferry shipping executives have called for a significant expansion of funding for shore power infrastructure.
Renewable energy company WaveGen Energy has completed testing of its 200 W proof of concept (POC) at the National Institute of Technology Karnataka (NITK), demonstrating wave energy technology that could surpass current efficiency standards in the sector. According to WaveGen, its patented technolog
Singapore’s state-owned energy giant Sembcorp Industries and Malaysia’s state-owned electric utility company Sarawak Energy have entered into a preferred supplier agreement with Italian cabling firm Prysmian for a subsea interconnector cable that would import around 1 GW of green electricity from Sa
Northern Lights JV has signed an agreement with independent research foundation NORSAR to monitor a CO2 storage reservoir in the North Sea, a move expected to enhance commercial opportunities for Northern Lights and Norway. NORSAR will establish and operate a permanent monitoring station near Bergen
The National Grid has awarded contracts to ten suppliers as part of a £59 billion high voltage direct current (HVDC) supply chain framework, setting the stage for the delivery of the required works and equipment for key energy projects across the UK. The HVDC supply chain framework was launched in 2
