U.S.-headquartered energy technology giant Baker Hughes has launched an all-electric subsea production system, marking a step towards full electrification in offshore operations. According to Baker Hughes, the system delivers a fully electric topside-to-downhole solution, designed to integrate with
Norwegian Offshore Rental (NOR) is entering the Asia-Pacific (APAC) market through the acquisition of Clockwise Subsea, a provider of rental and sale of marine equipment to the civil, marine, renewable and oil & gas sectors. Established in 2017, Clockwise Subsea is based in Singapore, Malaysia and I
Norwegian vessel owner DOF Group has received more work in the Asia-Pacific (APAC) region set to be performed this year, adding to a number of recently announced awards. The diving support vessel (DSV) Skandi Singapore will execute the first subsea service contract with related saturation diving ser
Wave energy developer Eco Wave Power has unveiled that it will sign a collaboration agreement with a Fortune 500 Indian company for the first wave energy pilot project in Maharashtra, India. Alongside the agreement, the company will showcase its wave energy generation model in New Delhi, demonstrat
The Welsh Government has invested £8 million (around $9,9 million) as an equity stake in the Morlais tidal energy project, set to be the largest tidal scheme in Europe, to support its expansion and strengthen grid connections. Menter Môn, the social enterprise behind Morlais, is developing the site
Norway’s technology firm Kystdesign has signed a contract with the Royal Netherlands Institute for Sea Research (NIOZ) for the construction of an advanced remotely operated vehicle (ROV) that will serve the Dutch marine research community. According to Kystdesign, the Supporter 6000 ROV is designed
Norwegian oil & gas company Vår Energi has signed a pre-commitment agreement with OneSubsea, a joint venture (JV) backed by SLB, Aker Solutions and Subsea7, for the delivery of subsea production systems (SPS), a move expected to shorten subsea tie-back development time by up to one year. Under the S
Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration and Singapore’s tender-assisted drilling provider Energy Drilling have signed a letter of intent (LoI) to merge into a combined company that would offer diversified offshore oil & gas services. The transaction will
Since around 1,500 wells will be due for decommissioning in the UKCS between 2026 and 2030, the UK regulator North Sea Transition Authority (NSTA) said that this represents an opportunity for operators to test and adopt new well plugging and abandonment (P&A) technologies to cut costs and improve ef
Scotland-based Nova Innovation’s floating solar demonstrator at the Port of Leith has proven its resilience after withstanding Storm Éowyn, described by the Met Office as “probably the strongest to hit the UK in the past 10 years.” According to Nova Innovation, the extreme weather event left over a
The first public engagement for the Mersey tidal power project saw that 84% of the respondents from the Liverpool City Region support the project. The project, set to harness tidal energy from the River Mersey, aims to expand the UK’s renewable energy capacity. A non-statutory consultation, conducte
The World Shipping Council (WSC), the voice of the liner shipping industry, has called on the European Commission (EC) to recognize that liner shipping is investing in Europe and urged it to support the sector on its path to decarbonize supply chains, fostering open trade and protecting critical sea
The Danish Energy Agency has initiated a public consultation process for the environmental impact report related to the Greensand Future CO2 storage project in the North Sea. The report, prepared by Rambøll on behalf of INEOS E&P, supports the application for Denmark’s first CO2 storage initiative u
U.S.-based subsea data collection and delivery provider Tiburon Subsea and Canadian Ocean Floor Geophysics (OFG) have signed a memorandum of understanding (MoU) to tackle challenges in wave and wind energy surveys and maintenance, and subsea security, among other things. In 2024, Tiburon Subsea intr
