Industry News


DOI Approves Ninth US Offshore Wind Project

Jul 02, 2024

The US Department of the Interior has approved the Atlantic Shores South offshore wind energy project – the nation’s ninth commercial-scale, offshore wind energy project approved under President Biden’s leadership.The Atlantic Shores South wind…

Maersk Forms Dedicated Offshore Wind Installation Business

Jul 02, 2024

Denmark-based A.P. Moller - Maersk has launched a dedicated division to provide installation services to the growing offshore wind industry.Maersk Offshore Wind has been formed as a spin off from Maersk Supply Service (MSS), which was acquired…

N-Sea Acquires Geo Plus

Jul 02, 2024

The Netherlands-based subsea services company N-Sea announced it has finalized a deal to acquire Geo Plus based in Groningen, The Netherlands.Geo Plus operates a fleet of five specialized survey vessels—Geo Ranger, Geo Focus, Geo Explorer, Geo Motion…

OPT and Unique Group Team Up for USV Services in Middle East

Jul 02, 2024

U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) and UAE’s subsea technology and engineering services firm Unique Group have partnered up to offer unmanned surface vehicle (USV) services in the Middle East.Unique…

SLB and TotalEnergies Form Long-Term Digital Solutions Partnership

Jul 02, 2024

TotalEnergies and SLB have joined forces to develop innovative subsurface digital solutions and contribute to a more sustainable hydrocarbon production, as well as to address key challenges across the energy value chain, including carbon capture…

Over a Dozen Oil Firms Line Up for Galp's Namibia Oil Prospect

Jul 02, 2024

Over 12 oil companies, including Exxon, Shell and Brazil's national oil company, have expressed interest in buying a 40% stake in Galp Energia's major oil discovery offshore Namibia, sources close to the sale process said.Galp's Mopane discovery…

DNV to Verify Power Production of Iberdrola’s 496MW Offshore Wind Farm

Jul 02, 2024

Independent energy expert and assurance provider DNV has been chosen by Spanish company Iberdrola to perform power curve verification at the Bay of St. Brieuc offshore wind farm, employing advanced nacelle lidar technology.Situated 16 kilometers off Cap Fréhel in the Bay of St…

ERM and Dolphyn Hydrogen Start Offshore Hydrogen Production Trials

Jul 02, 2024

Specialist sustainability consultancy ERM has launched offshore trials to test key elements of its innovative Dolphyn Hydrogen process.Following six years of development, the trials are being conducted in a floating marine environment in Pembroke Port…

Prysmian Buys US Wire and Cable Manufacturer

Jul 02, 2024

Italian cable maker Prysmian has completed the acquisition of Encore Wire, strengthening its position in the growing North American market.Prysmian acquired all of the outstanding shares of Encore Wire’s common stock for $290.00 per share, in cash…

CorPower Ocean Puts Finishing Touches to C4 Wave Energy Device Upgrades

Jul 02, 2024

Swedish wave energy company CorPower Ocean is nearing completion of planned on-land inspection and upgrades of its first commercial-scale wave energy device, C4, following its first deployment offshore Portugal. The upgrades being implemented…

Acteon Secures O&M Work at Scottish Floating Wind Farm

Jul 02, 2024

Offshore engineering and technology services provider Acteon has secured operations and maintenance (O&M) work comprising integrated structural health and motion monitoring, and a structural response digital twin for the Kincardine offshore wind farm…

Petronas Hires ABL for Rig Inspection Services in Indonesia

Jul 02, 2024

Indonesian branch of Malaysian national oil company Petronas has awarded energy and marine consultancy ABL a contract to provide rig inspection services to its assets operating offshore Indonesia.The contract is valid for one year, with an optional one-year period extension…

Norway’s Seismic Firms TGS and PGS Complete Merger

Jul 02, 2024

Norway-based seismic firms TGS and PGS have officially completed their merger, creating a ‘premier’ energy data company.After clearing all regulatory hurdles for the merger, the most recent of which was the approval from the UK Competition and Markets Authority…

Blackford Dolphin Sets Sail for Drilling Ops with Oil India

Jul 02, 2024

Oslo-listed offshore drilling firm Dolphin Drilling has informed that its Blackford Dolphin semi-submersible drilling rig is on transit to India to start the contract with Oil India, following the termination of contract with General Hydrocarbons Limited (GHL) in Nigeria due to payment issues…

Enauta Cancels Acquisition of FPSO Cidade de Santos from MODEC

Jul 02, 2024

Brazilian oil and gas company Enauta has terminated the contract to acquire the floating production, storage, and offloading (FPSO) unit Cidade de Santos from MODEC, announced in relation with the acquisition of Uruguá and Tambaú fields from Petrobras…

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