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Equinor, Polenergia Reach Financial Close for Polish Offshore Wind Farms

May 23, 2025

Equinor and Polenergia have reached financial close for the Bałtyk 2 and Bałtyk 3 projects, securing two project financing packages of over $3.4 billion for each offshore wind farm.The offshore wind projects were awarded Contracts for Difference (CfD) in 2021…

Subsea7 Secures Subsea Job for FPSO off West Africa

May 21, 2025

Subsea 7 has secured of a subsea contract in West Africa, worth up to $150 million.Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production…

Odfjell to Put Floating Wind Tech on Try-Outs at Norwegian Test Center

May 20, 2025

Odfjell Oceanwind has secured a slot with 24 MW capacity grid connection at the Marine Energy Test Centre (METCentre), where it will install one full-scale floating offshore wind turbine in 2028.The project, named SCALEWIND, will demonstrate…

Californian Floating Wind Demonstrator to Be Tested in Norway

May 20, 2025

California-based Aikido Technologies has signed an agreement with Marine Energy Test Centre (METCentre) in Haugesund, Norway, to deploy a first-of-its-kind 15MW demo project, called AO60.Once installed in 2027, the platform will be one of the…

ADNOC Finds Partner for Oil and Gas Well Completion Solutions

May 19, 2025

ADNOC has signed a strategic partnership agreement with Tubacex, a global leader in advanced tubular solutions, securing exclusive rights to use Tubacex’ tubular joint connection technology which is critical for completing oil and gas wells…

Synaptec Rolls Out Monitoring Tech to Tackle High-Voltage Cable Faults

May 19, 2025

Synaptec has launched Greenlight, a monitoring solution designed specifically to address high-voltage cable failures, stemming from faults in cable joints and terminations.Greenlight provides continuous, automated visibility of all joints and terminations in a cable network…

US Firm Debuts 20K Intervention Solution at Gulf of America Deepwater Field

May 12, 2025

Texas-based subsea oil and gas equipment supplier Trendsetter Engineering has marked the first deployment of its Trident 20,000 psi (20K) intervention system at Beacon Offshore’s Shenandoah project in the Gulf of America.The Trident 20K intervention…

UK Bumps Up Offshore Wind Incentives Funding to $720M

May 09, 2025

Britain has more than doubled funding available under a scheme seeking to spur investment in offshore wind projects to 544 million pounds ($721.78 million), after higher than expected demand, the government said on Friday.The country has put…

SKF to Deliver PTO System for Australian Wave Energy Developer

May 08, 2025

SKF has entered into partnership with wave energy technology developer Carnegie Clean Energy to deliver power take-off (PTO) system for its CETO wave energy device.CETO is a fully submerged, point absorber type wave energy technology where a…

Archer Inks Five-Year Deal with Repsol for Drilling Services

May 02, 2025

Oilfield services firm Archer has signed a five-year contract with Repsol Resources UK for platform drilling services, facilities engineering, coil tubing, wireline services, and downhole well service technologies.The agreement also includes a two-year optional extension…

Equinor Sells Peregrino Field to Brazilian Oil and Gas Firm for $3.5B

May 02, 2025

Equinor Brasil Energia, a subsidiary of Equinor, has entered into agreements with Brazilian company Prio Tigris, a subsidiary of PRIO, for the sale of its 60% operated interest in the Peregrino field, offshore Brazil.PRIO, Brazil’s largest independent oil and gas company…

Space Norway, SubCom Announce Contract-in-Force for Arctic Way Cable System

May 01, 2025

Space Norway and SubCom announced that a contract is in-force for the survey, design, supply and installation of the Arctic Way Cable System. Providing necessary route diversity to a region with rapidly increasing data traffic demands, the new…

LS Marine Solution Gets Cabling Job at Taiwanese Offshore Wind Farm

Apr 29, 2025

LS Marine Solution has secured $15.8 million subsea cable laying contract for work at an offshore wind farm being developed by Taiwan Power Company (Taipower), off Taiwan.The contract marks LS Marine Solution’s first international power grid…

First Turbine at Germany’s Largest North Sea Offshore Wind Farm Stands Tall

Apr 25, 2025

The first wind turbine for 960 MW He Dreiht offshore wind farm, Germany’s largest offshore wind farm currently under construction, has been installed in the North Sea.He Dreiht is being built roughly 85 kilometers northwest of Borkum and about 110 kilometers west of Helgoland…

Black & Veatch Hires Norwegian Logistics Firm for Two FLNG Projects

Apr 24, 2025

Marinetrans, a Norway-based logistics specialist for the maritime and offshore industries, has secured the project logistics contract from Black & Veatch for two floating liquefied natural gas (FLNG) vessel construction projects.Under the contracts…

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