Norwegian offshore survey services firm Electromagnetic Geoservices (EMGS) has secured a controlled-source electromagnetic (CSEM) survey offshore India.The survey is expected to have a contract value of approximately $10 million, subject to the issuance of a callout order…
Ocean Thermal Energy Corporation (OTE Corp) has partnered with Johnson Controls to demonstrate the feasibility of deploying a 17.5 MW Ocean Thermal Energy Conversion (OTEC) system at the remote military base.The contract is part of Johnson Controls…
French subsea power cable maker and services provider Nexans has secured the project agreement for LanWin 2, valued over $1 billion, under the TenneT frame agreement awarded in May 2023.The project involves the Engineering, Procurement, Construction…
Norwegian seismic specialist TGS has secured four 4D streamer contract acquisition projects, three of which are in the North Sea and one in the Barents Sea.The 4D campaign in the North Sea is scheduled to begin in early second quarter of 2025…
High-tech offshore wind services provider Beam has bought Quantum EV remotely operated vehicle (ROV) from SMD, setting out plans to equip it with an artificial intelligence (AI)-driven system to improve its operational scope and offshore wind farm servicing…
Norwegian offshore vessel owner Solstad Offshore has been awarded a three-year contract with an international contractor for its construction support vessel (CSV) Normand Frontier.The firm contract has an immediate startup and will keep the Normand Frontier fully committed until end 2027…
Today, the Bureau of Ocean Energy Management (BOEM) announced a final rule that implements the 2025 inflation adjustments for the maximum daily civil monetary penalties contained in BOEM regulations in accordance with Federal law.The Federal…
Marine geosciences and offshore construction support services firm Next Geosolutions has been hired by TenneT under a $27.8 million contract to conduct an unexploded ordnances (UXO) survey off the Dutch coast, in support of the development of offshore wind farms…
You just might get it.In the waning days of the Biden administration, the executive orders and such that get announced seemingly on a daily basis signal countless victories for that side of the equation. And, no matter which side of that great divide that you reside on…
Danos has promoted Blake Habbit to lead the growth and development of the company's Gulf of Mexico decommissioning services.As operations manager, Habbit will oversee business operations and customer support throughout the decommissioning phase…
Irish ocean data company XOCEAN has secured $118.3 million investment to support its expansion across multiple offshore segments including wind development and operations, asset integrity assurance, CCUS, and civil hydrography.XOCEAN partnered with S2G Ventures to structure the round…
Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude producer.Shell told Reuters that discovered oil and gas…
All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…
Ocean services provider DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer.The new capacity aligns with the company’s service offerings and subsea capabilities across both the offshore renewables and conventional energy sectors in multiple regions…
Shearwater Geoservices has started the second season of acquisition for the Pelotas Basin multi-client 3D seismic survey in Brazil, conducted in partnership with Searcher Seismic.The new acquisition will be the sixth multi-client 3D project for the joint venture and will utilize the SW Empress…