South Korean Taihan Cable & Solution is planning to build its second submarine cable manufacturing facility, adjacent to the first one whose first phase was launched earlier this year. Taihan opened the first phase of its first submarine cable plant which focuses on producing inter-array cables, cov
Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI), a newly formed partnership between The CSL Group and Offshore Wind Logistics (OWL), has placed an order for the construction of two subsea rock installation vessels that will service the offshore wind sector. The DP2 vessels will each h
Norwegian ocean services provider DeepOcean has secured what it says is its largest contract on record which includes the provision of subsea inspection, maintenance and repair (IMR) for compatriot state-owned energy company Equinor, keeping it busy for eight years, from 2027 to 2035. DeepOcean said
Energy and marine consultancy ABL has expanded into New Zealand with the aim of supporting the country’s maritime and offshore energy markets. ABL New Zealand, located at Mount Maunganui, will offer the full range of energy and marine consultancy services, with a particular focus on marine surveying
Shipowners worldwide see uncertainty as a major barrier to shipping’s energy transition, with tightening regulations forcing decisions despite unclear policy pathways, a survey done by the UK’s design and engineering consultancy Houlder showed. As disclosed, two years after its previous interviews,
Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE) has launched the tender for the country’s second high-voltage direct current (HVDC) cable system, a project that will integrate the Dodecanese Islands into the mainland high-voltage grid. The tender f
The following is a press release from Navingo BV, the owner of Offshore-Energy.biz and organizer of the annual Offshore Energy Exhibition & Conference (OEEC). More than 400 exhibitors and co-exhibitors booked their spots at OEEC 2024 Businesses and organizations from across the offshore energy secto
In his keynote address at a recently held maritime conference in Houston, Texas, Panama Canal administrator Ricaurte Vásquez shared details of a plan to evaluate alternative initiatives to expand the canal’s operations and support Panama’s role as an “integral” shipping hub. Vásquez revealed that an
A joint venture of UK’s Enshore Subsea and Belgian Herbosch-Kiere has made progress in preparation for the installation of subsea power cables for two links that are part of a program that aims to revolutionize Senegal’s power infrastructure and provide sustainable electricity to millions of people.
UK energy market regulator Ofgem has greenlit the Eastern Green Link 1 (EGL1) electricity superhighway by awarding a £2 billion funding package for the construction of the project. The 2 GW EGL1 HVDC multi-directional cable is being developed by National Grid Electricity Transmission (NGET) and SP T
Helsinki-headquartered Cargotec Corporation has made the decision to let go of its MacGregor business area to funds managed by Luxembourg’s mid-market sector-specialist Triton for an enterprise value of €480 million (circa $507 million) to support the growth of the corporation’s load-handling equipm
French engineering player Technip Energies and catalysts, technical services, and licensed process technologies provider, Shell Catalysts & Technologies, are advancing their decade-long collaboration, moving towards global exclusivity for delivering amine-based post-combustion carbon capture solutio
Netherlands-headquartered subsea solutions provider N-Sea Group is planning to develop a new-built operations support base in IJmuiden in 2025, said to enable it to support all offshore activities in the Europe region from one location. N-Sea Group has signed a contract to build a new operations sup
Sicily has given its approval for the second interconnector between Malta and Italy, some eleven months after the project had been granted the development permit from the Maltese side. The IC2 interconnector will consist of a 122-kilometer high-voltage alternating current (HVAC) electrical cable int
