OMV has revealed a new brand identity highlighting sustainability embodying the company’s ambition to become net-zero by 2050.
UK companies 2H Offshore and Vekta Group have established a strategic partnership aimed at driving innovation in high-voltage cables for offshore wind developments. London-headquartered 2H provides structural, hydrodynamic, geotechnical engineering and related digital and integrity services for fixe
A California-based developer of wave energy technologies, CalWave, has inked a memorandum of understanding (MoU) with AltaSea at the port of Los Angeles for establishing a local wave energy industry and building projects off the coast of California.
Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investme
SSEN Transmission and Hitachi Energy have signed initial work contracts for pre-construction work related to two Scottish subsea links, ensuring the projects remain on track for commissioning in 2030. The companies secured another key milestone in their partnership to provide a high voltage direct c
Building on the joint delivery of several large data campaigns, Norway’s Shearwater GeoServices and Ireland-based XOCEAN have set up a strategic collaboration to provide integrated data solutions to the carbon capture and storage (CCS) and offshore wind markets. The collaboration will combine Shearw
Swedish tidal energy developer Minesto, and Faroese company Sev, have renewed and updated the power purchase agreement (PPA).
Following approval from the Norwegian Competition Authority, Norway-headquartered PGS and TGS have now received clearance for their merger from the UK Competition and Markets Authority (CMA), which is the final regulatory approval required. TGS and PGS announced their agreement on principal terms to
Jan De Nul Group has set up a partnership with green technology, energy and metals company Fortescue for the transport of green electrons – electrons that were made using renewable resources – from energy-producing continents to energy-demanding ones through subsea cables. The partners have joined f
Three new areas for CO2 storage are up for grabs in the North Sea offshore Norway, representing the seventh time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced on June 6 that it was inviting interested companies to appl
RenewableUK Cymru is urging the next UK Government to set technology-specific targets to support the goal of meeting 100% of electricity demand from renewable sources by 2035.
DEME Group has launched what is said to be the world’s largest fallpipe vessel, set to be prepared for green methanol and the first dual-fuel fallpipe vessel in the industry. Princess of Belgium, Her Royal Highness Princess Astrid, officially named the new fallpipe vessel Yellowstone in Zeebrugge, B
The UK Marine Energy Council (MEC) has outlined five key asks for the upcoming Government to realize the potential of wave and tidal energy, and embed UK content into projects deployed domestically and internationally.
FreeStar Subsea Services, a new company in the market set up by the merger of Dutch companies Vriezoo ROV Services and Mark Offshore, has acquired its first vessel, marking the start of operations. Managing Director of Vriezoo ROV Services Willem de Vries and Managing Director of Mark Offshore Mark
