Offshore Energy News


Fugro to Sell Seabed Geosolutions to PXGEO

Mar 30, 2021

Dutch offshore survey services company Fugro has agreed to sell its Seabed Geosolutions subsidiary to PXGEO Seismic Services (PXGEO) to for USD 16 million (approximately EUR 14 million) in cash. The transaction is expected to be completed mid-2021…

Roxtec Delivers Seals for Orbital's O2 Tidal Turbine

Mar 29, 2021

Safety seal manufacturer Roxtec said Monday it had supplied Scotland-based Orbital Marine Power with a range of cable sealing solutions to support the construction of Orbital Marine's tidal turbine, the Orbital O2 2MW.Orbital’s O2 turbine is…

Ashtead Technology Creates Role to Push Renewables Drive

Mar 26, 2021

Subsea services and technology contractor Ashtead Technology has created a new role to head up its increasing activities in renewable energy.For this Ashtead Technology appointed Scott Stephen to oversee and enhance its service offering to support the global renewables market…

UK Gov't Sets Aside $5M for Tech That Can Mitigate Offshore Wind Farms Impact on Radar Systems

Mar 23, 2021

The UK Gov't has announced Phase 2 of the competition 'Windfarm Mitigation for UK Air Defence,' offering up to £3.6 million ($4,96 million) for technologies that mitigate radar risk of offshore wind farms.'The continued development of wind turbine…

Baker Hughes, Horisont Energi Working on Barents Sea Carbon Capture Project

Mar 23, 2021

Oilfield services giant Baker Hughes and the Norwegian 'carbontech' start-up, Horisont Energi have signed an agreement to jointly explore development and integration of technologies for the Polaris carbon storage project in the Barents Sea, offshore Norway…

Reach Subsea Adds New Contracts

Mar 23, 2021

Norwegian offshore services company Reach Subsea said Tuesday it has recently been awarded several contracts and call-offs under frame agreements.The company said it had won the contracts both alone and in partnership with Sweden's MMT.'We now…

James Fisher Launches Renewables Business

Mar 22, 2021

Offshore and subsea services company James Fisher on Monday launched a renewables business James Fisher Renewables, which sees consolidation of the group’s capabilities into what James Fisher said was 'a comprehensive solutions provider.''Bringing together capabilities from across the group…

Forum Energy Technologies Targets Growth in South America

Mar 17, 2021

U.S.-based oilfield products supplier Forum Energy Technologies (FET) said it has entered into a partnership with Deepsea Technologies Equipamentos Industriais Ltda to represent its operations in Brazil as part of the business’ long-term growth strategy in South America…

Green Minerals' Production System to Be Ready in 2026

Mar 16, 2021

Green Minerals, a subsea minerals mining company recently created by Seabird Exploration, a Norway-based provider of seismic survey services wanting to diversify its business suffering from oil price cycles, on Tuesday said it expects to have its marine minerals production system ready in 2026…

Van Oord's Offshore Vessel to Cut Emissions, Fuel Consumption with FUELSAVE Tech

Mar 15, 2021

Dutch marine contractor and offshore installation services company Van Oord will install a combustion conditioning system with hydrogen and methanol on its subsea rock installation vessel Bravenes, in a push to cut emissions from its fleet.The system…

Minesto, Schneider Electric to Build "Ocean Energy Farms"

Mar 12, 2021

Tidal energy developer Minesto said Friday it had signed an agreement with Schneider Electric to work together to develop and build ocean energy farms based on Minesto’s Deep Green technology.The collaboration between Minesto and Schneider Electric…

GateHouse Maritime's Technology to Protect Baltic Sea Pipeline

Mar 11, 2021

Maritime analytics and data company GateHouse Maritime has won a contract with the Polish gas transmission system operator GAZ-SYSTEMS, to monitor traffic near the Baltic Pipe Project offshore pipeline in the Baltic Sea, making sure that vessels do not accidentally damage it…

TAP Taps NDT for Pipeline Survey

Mar 10, 2021

NDT Global has won a contract to complete a baseline inspection survey for Trans Adriatic Pipeline, a company operating the namesake European pipeline carrying gas from the Caspian Sea to the EU.TAP is a European leg of a pipeline transporting gas from the Azeri section of the Caspian Sea…

Fugro Assisting Petronas with Suriname Offshore Exploration Efforts

Mar 10, 2021

Dutch offshore survey services provider Fugro said Wednesday it was conducting a seep survey and geochemical campaign in Block 48, offshore Suriname, for the Malaysian oil giant Petronas, to assist with the oil company's oil exploration activities…

Subsea Pipeline Could Double Israeli Gas Exports to Egypt

Mar 09, 2021

A subsea pipeline that would connect Israel's Leviathan gas field to Egyptian liquefied natural gas (LNG) terminals could double Israel's gas export capacity to Egypt, the Israeli energy minister said on Tuesday.Israel started exporting gas…

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