According to the International Renewable Energy Agency (IRENA) eleven million people were employed in renewable energy worldwide in 2018. This compares with 10.3 million in 2017.As more and more countries manufacture, trade and install renewable energy technologies…
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and DNV GL have signed a framework agreement which will see them cooperate on joint development projects (JDPs) for future technologies in the shipbuilding and offshore plant industries…
Subsea 7 announced Thursday it has been awarded a contract for subsea pipelines and associated marine operations in the second phase of the large scale Johan Sverdrup project, in the Norwegian sector of the North Sea.The contract, awarded by…
The EuroAsia Interconnector, the Israel-Cyprus-Greece electricity link remains on the official list of European projects of common interest (PCI) making it eligible to receive some €300 mln in EU grants for the Crete-Attica sector of the cable…
Subsurface Imaging, part of CGG’s Geoscience division, has delivered a step-change in subsalt image quality over the Mad Dog field in the Green Canyon area of the US Gulf of Mexico.Fast access to high-quality images was critical to BP and partners…
As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects.However, haste can lead to less certainty of what the ultimate cost of any given project will be…
Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a contract by Equinor for the processing of seismic data from the Johan Sverdrup Permanent Reservoir Monitoring (PRM) system in the North Sea, CGG announced on Tuesday.Managed…
Well-Safe Solutions announced Tuesday it has been awarded a contract to decommission up to 21 wells on the Schooner and Ketch fields in the UKCS, operated by DNO North Sea (ROGB) Limited, a wholly owned subsidiary of DNO ASA.The Schooner and Ketch fields…
NorSea Wind, part of the Wilhelmsen Ship Management (WSM) Group, has named Anders Peter Pedersen as its new chief executive officer (CEO). Pedersen has extensive experience from the green energy sector. A lot has happened in the harbor since…
Russian shipping company Sovcomflot (SCF) has backtracked on a decision taken in March to redeliver a Polarcus seismic vessel Vyacheslav Tikhonov early from its charter.Sovcomflot will now hold on to the Vyacheslav Tikhonov and exercised an option to extend the bareboat charter for two years…
Oceaneering International said it has secured a contract to perform the first-ever deepwater autonomous underwater vehicle (AUV) survey in Mexican waters.The geophysical survey will be performed for BHP at its Trion development. Oceaneering will use the DP-2 Ocean Investigator…
Global offshore wind energy market to reach USD 69.63 billion by 2025, said a study.Global offshore wind energy market valued approximately USD 18.48 billion in 2016 is forecasted to grow with a healthy growth rate of more than 15.88% over the forecast period 2018-2025…
Subsea testing tools manufacturer C-Kore Systems says it has deployed its 200th subsea testing unit during an umbilical installation operation off the coast of Australia.C-Kore’s Subsea Testing units have gained worldwide acceptance with both…
German-based Buss Offshore Solutions and French industrial logistics firm IDEA have formed a joint venture to target the French offshore wind market.The JV follows the signing of a declaration of intent in September 2018. The two companies named the JV as Buss IDEA Offshore…
Atlantic Shores Offshore Wind, a 50:50 joint venture between Shell and EDF Renewables North America, has entered into a Memorandum of Understanding (MOU) with Rutgers University to advance ocean research and monitoring that will support offshore wind development…