The Switch, a provider of power electronics for the marine industry, has signed a multi-million-dollar contract with Vard Electro to deliver equipment for five diesel-electric hybrid walk-to-work vessels.The Switch will supply its DC-Hub technology to multiple vessels on order at Vard Electro…
NKT has launched an integrated cable monitoring platform designed to support continuous operation of on- and offshore power cables.NKT’s new cable monitoring solution, a platform that integrates multiple sensors and combines technologies to provide a comprehensive overview of power cable conditions…
Belgian offshore installation contractor Jan De Nul, in consortium with Greek cables supplier Hellenic Cables has signed a framework agreement with National Grid for strategic HVDC interconnections in the U.K.This agreement will entitle the…
RWE has marked significant progress in the construction of its 1.4 GW Sofia offshore wind farm, located on the Dogger Bank off the U.K. east coast, with the first turbine installation expected in the coming weeks.Earlier in March, the project…
RWE, the U.K.’s largest power generator, has signed a 10-year power purchase agreement (PPA) with Telehouse International Corporation of Europe to supply it with green electricity from the London Array offshore wind farm.Under the agreement…
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6405/7-4 in production license 1005, which is operated by Aker BP with 40% working interest, Vår Energi with 40% stake…
Equinor has started production at the Halten East development in the Norwegian Sea, two years following approval from Norwegian authorities.Halten East is a tie-in development located in the Kristin-Åsgard area in the Norwegian Sea. Vår Energi and Petoro are partners…
A deal for Carlyle to buy assets from Energean for up to $945 million is at risk of collapse as some regulatory hurdles are yet to be cleared ahead of a deadline this week, Energean said on Monday.The two companies reached an agreement last…
Norwegian oil and gas company OKEA has signed an agreement with Aker BP to acquire a 35% working interest in Tverrdal exploration well in the North Sea.OKEA secured the stake in the southern part of PL1102 / PL1102B, containing the Tverrdal prospect…
The first eight foundations for the Nordeseecluster, a 1.6GW offshore wind project being built in the German North Sea, have arrived and been offloaded in the Dutch base port Eemshaven.The foundations are around 85 meters long on average and weigh approximately 1…
Kongsberg Maritime has signed a contract for the design and equip two multi-purpose subsea vessels for Olympic Group, which will be methanol-ready and feature battery hybrid technology.The UT7623 Sustainable Energy Vessels (SEVs) are the first…
SBM Offshore has entered into a global collaboration agreement with Microsoft to develop standardized, AI-powered carbon-free floating power solutions to address the growing needs for carbon-free electricity.This collaboration is set to transform…
BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters.BP is already working on stemming declining output at producing fields in the Caspian Sea, namely the Azeri–Chirag–Gunashli (ACG) complex of oilfields and the Shah Deniz gas field…
The board of the U.S. Export-Import Bank approved a nearly $5 billion loan for a long-delayed LNG project in Mozambique, clearing a key hurdle to restarting the project under development by French oil major TotalEnergies.The Export-Import Bank had previously agreed a $4…
A new EU-funded project has brought together 14 partners across Europe to unlock the potential of harnessing tidal and river energy in the North-West Europe.The SHINES project, short fo Showcasing Hydrokinetic energy Innovations for Northwest European Energy Sovereignty…