Swedish wave energy firm CorPower Ocean has secured two new strategic investors - Acario, the Silicon Valley-based venture investment arm of Tokyo Gas, and GTT Strategic Ventures, the investment fund of French technology and engineering group GTT…
Subsea7 has secured a contract with Equinor relating to the Fram Sør development project, offshore Norway.The project work scope covers engineering, procurement, construction and installation (EPCI) of subsea structures and flowlines including 53 kilometers of production…
Equinor has selected CHC Helicopter, a crew transportation and search and rescue operations specialist, for a three-year contract to support its Mariner and Rosebank fields in the North Sea.CHC will provide sole-use S92 support for Rosebank for three years…
HSM Offshore Energy has completed the buildout and delivery oof the Thor offshore high voltage substation (OHVS) for RWE’s Thor offshore wind farm in Denmark.The completed yard constructed and delivery marked the achievement of three major milestones - the load-out of the jacket…
Energy industry services firm EnerMech has been awarded a two-year crane operations and maintenance (O&M) contract extension to continue supporting a North Sea operator.The current agreement, which began in August 2022, will now run until at least August 2027…
Offshore drilling contractor Transocean has secured four new contracts and extensions for its semi-submersible rigs and drillships during the second quarter of 2025, worth approximately $199 million.During the quarter, Transocean secured a contract extension with Equinor…
NKT has selected Helix Robotic Solutions as the partner for operating its new T3600 subsea trencher, said to be the world’s most powerful trencher, which will become operational in 2027.NKT has entered a long-term cooperation and frame agreement with UK-based Helix Robotic Solutions Limited…
Worley has secured a front-end engineering and design (FEED) contract for onshore substation for the 560 MW GreenVolt floating wind farm offshore Scotland, being developed by Flotation Energy and Vårgrønn, a joint venture firm created by Plenitude (Eni) and HitecVision…
Equinor and its partners have drilled a dry well in the Garantiana NV prospect in the North Sea.Wildcat well 34/6-8 S was drilled in production license 554, which was awarded in 2010 (Awards in pre-defined areas 2009). This is the eighth well drilled in this production license…
The Dutch government on Wednesday scaled back plans to build offshore wind farms in the next 15 years, citing rising costs and lower-than-expected electricity demand from industry.The government said its previous target of achieving total offshore…
Venture Global will supply 2 million tonnes per annum (MTPA) of liquefied natural gas from its Calcasieu Pass 2 project over 20 years to Italian state-controlled energy group Eni, the two companies said on Wednesday.The deal is Eni's first long…
Saab UK has delivered its 600th Seaeye Falcon remotely operated vehicle (ROV) produced in Fareham, built for international subsea specialist DISA International.The latest addition joins DISA’s growing fleet of Saab Seaeye vehicles and contributes…
Gazelle Wind Power, a Dublin-based floating wind developer, has secured $1.7 million investment through strategic agreement with dstgroup, a Portuguese conglomerate, aimed at advancing floating wind technology and Nau Azul demonstration project off Portugal…
Equinor's long-term positive safety trend is reinforced through the second quarter of 2025, as the total number of serious incidents and personal injuries per million hours worked is at the lowest level the company has ever experienced at the end of the second quarter…
MODEC has entered into a contract with Eld Energy, a Norwegian fuel cell system company, to design and manufacture a solid oxide fuel cell (SOFC) system pilot unit intended for installation on one of the MODEC-operated floating production, storage and offloading (FPSO) units…