Seatrium Technology & Innovation, a technology subsidiary of Singapore’s offshore, marine, and energy engineering solutions specialist Seatrium, has signed a memorandum of understanding (MoU) with Bureau Veritas Marine & Offshore to advance next-generation offshore power and digital infrastructure c
A one-year wave data campaign has commenced in the Caribbean island of Martinique to gather information that will chart the path for the development of a pilot wave energy project. Danish wave energy company Wavepiston entered into an agreement in 2023 with French firm YS Energies Marines Developpem
NKT’s medium‑voltage cable accessories site in Nordenham, Germany, has become its first zero-carbon factory as part of the Danish firm’s goal of achieving complete zero-emission operations across all sites. The factory has reached this goal by phasing out natural gas, now operating with zero carbon
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved a record 34 marine energy projects through its 17th Request for Technical Support (RFTS), reflecting a total of over $4.8 million. Backed by the U.S. Department of Energy (DOE) and managed by the Pacific Oc
Offshore Renewable Energy Sustainability Alliance (ORESA), an Interreg North-West Europe project, is inviting small and medium-sized enterprises (SMEs) developing innovative products, technologies, or services within the offshore energy sector to apply for its second innovation call. This 2nd Innova
Energy technology company Baker Hughes and Dutch thermoplastic composite pipe (TCP) manufacturer Strohm are developing a hybrid flexible pipe (HFP) for ultradeepwater risers and flowline applications that will be half as heavy as a conventional flexible pipe. Under an inked memorandum of understandi
Texas-headquartered offshore energy services company Helix Energy Solutions is divesting its shallow water abandonment business, stating that the move furthers its strategic focus on deepwater operations. Helix Energy Solutions is selling all of the equity interests of its Gulf of America-focused Sh
Aker Solutions, Knutsen NYK Carbon Carriers (KNCC), a joint venture of Knutsen Group and NYKLine, and Vår Energi CCS AS, the project’s operator, have signed a memorandum of understanding (MoU) to advance the Trudvang CO2 transportation and storage project in the Norwegian North Sea. The partnership
Norwegian state-owned energy giant Equinor is extending key supplier agreements for drilling and well services on the Norwegian Continental Shelf (NCS) with a combined value of around NOK 17 billion (approximately €1.56 billion), set to employ around 2,500 people. Equinor reported today, May 4, that
Italy-headquartered Next Geosolutions (NextGeo) has exercised the call option to acquire a further circa 7.1% of Rana Subsea, a compatriot subsea services company established in 1964, bringing its share capital to 82.5%. NextGeo signed a sale and purchase agreement for the acquisition of 75.4% of th
France’s Nexans has completed the first cable pull-in on the French side of the first interconnector between Ireland and France, following the initial campaign in Ireland. Developed by French and Irish transmission system operators (TSOs) Réseau de Transport d’Électricité (RTE) and EirGrid, the Celt
After completing installation on the first vessel in January, Spanish automated wind-assisted propulsion system specialist bound4blue has installed four 24-meter eSAIL suction sails on the second of the planned five tankers owned by Danish Maersk Tankers. Maersk’s 29,445 gwt medium-range (MR) tanker
Energy technology company Baker Hughes has opened a new subsea services center and manufacturing plant in Norway as part of its ambition to strengthen its North Sea capabilities. Located in Dusavik near Stavanger, the 49,000-square-meter facility features a 12,000-square-meter workshop, multiple tes
UK-based pioneer in ocean thermal energy conversion (OTEC) development, Global OTEC, has installed a floating prototype offshore Spain designed to produce electricity by using the temperature difference between warm surface water and cold deep ocean water. It is said to be the first purpose-built of
