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Reach Subsea Extends Olympic Taurus Charter and Orders Two ROVs

Mar 20, 2024

Norwegian company Reach Subsea has extended the charter for the Olympic Taurus subsea vessel and ordered two new Constructor-type remotely operated vehicles (ROVs) from Kystdesign.Back in February, Reach Subsea announced a 100-day project charter for the subsea vessel Olympic Taurus…

Nexans Secures First Call-Off Under TenneT’s Offshore Wind Grid Deal

Mar 20, 2024

French subsea power cable maker Nexans and transmission system operator TenneT have signed call-off contract for the BalWin3 and LanWin4 offshore grid connection projects, which will link up North Sea offshore wind farms with German grid.The…

Aker BP Gets Green Light for Exploration Drilling in North Sea

Mar 20, 2024

Aker BP has received consent from the Norwegian Ocean Industry Authority (Havtil) for exploration drilling in the North Sea.The consent was issued for two wells located in production license 102 F/G, where Aker BP is the operator with 60% working interest…

World’s First Floating Wind Innovation Centre Opens

Mar 19, 2024

The world’s first dedicated innovation centre for floating offshore wind has opened in Scotland.Located in the heart of Aberdeen’s Energy Transition Zone, ORE Catapult’s £9 million National Floating Wind Innovation Centre (FLOWIC), delivered in collaboration with ETZ Limited…

Lhyfe Gets $160M Government Grant for Large-Scale Production of Green Hydrogen

Mar 19, 2024

French green hydrogen production specialist Lhyfe has received financial support from the French government for the construction of a green hydrogen production plant with an installed electrolysis capacity of 100 MW near Le Havre.The $162 million…

RWE Joins Forces with Spanish Port to Create Floating Wind Hub

Mar 19, 2024

Germany's top utility RWE has signed a Letter of Support with the Port Authority of A Coruña to facilitate the scaling-up of the port capacity in support of the Spanish government’s floating wind targets.Working together under a Letter of Support…

DNV Validates Moss Maritime’s Offshore Floating Solar Design

Mar 19, 2024

DNV has issued a Statement of Conformity to Moss Maritime for the design brief outlining the design methodology for its offshore floating solar concept XolarSurf.The Statement of Conformity issued to Moss Maritime verifies that the design methodology…

Vestdavit Hits New Sales Record as Orders Increase 76% From Last Year

Mar 19, 2024

Norwegian davit supplier Vestdavit has notched up a new annual sales record for another consecutive year after seeing its order intake surge by 76% in 2023 on high demand from the offshore wind and oil and gas sectors, as well as increased sales in its core naval market…

Sulmara to Work on Site Characterization at Scottish Floating Wind Farm

Mar 19, 2024

International subsea specialist Sulmara has secured a contract from Stromar, a joint venture between Ørsted, BlueFloat Energy and Renantis, to work on the 1 GW floating offshore wind farm in Scotland.Under the contract, Sulmara will conduct site characterization for the project using Vos Gorgeous…

Saipem and Fincantieri Form Subsea Alliance

Mar 19, 2024

Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units…

Chevron and JX to Jointly Develop CCS Value Chain in Asia Pacific

Mar 19, 2024

JX Nippon Oil & Gas Exploration and Chevron New Energies, a division of U.S.-based Chevron, have signed a memorandum of understanding (MoU) that provides a framework to evaluate the export of carbon dioxide (CO₂) from Japan to carbon capture…

OneSubsea to Supply Subsea Wellheads for Prime Energy’s Malampaya Field

Mar 19, 2024

Prime Energy has awarded of a contract to OneSubsea, a Schlumberger company, for the supply of wellheads, christmas trees (control equipment), and subsea production system for phase 4 drilling at Malampaya field, offshore Philippines.The equipment…

Beach Energy’s Otway Offshore Gas Victoria Up for Public Input

Mar 19, 2024

Australian regulator NOPSEMA has opened a nine weeks public consultation period for Beach Energy’s Otway Offshore Gas Victoria project proposal.The project is located approximately 20 km south of the Victorian mainland and 40 km west of Tasmania (King Island) at its closest points…

OMSA Announces New Board Members

Mar 18, 2024

Industry trade group the Offshore Marine Service Association (OMSA) announced the addition of four CEOs to its board of directors.The new board members include Wes Bordelon, Chief Executive Officer, Bordelon Marine; Stacy Jo Stanley, Chief Executive Officer…

CEO Says Exxon Mobil Not Trying to Buy Hess

Mar 18, 2024

Exxon Mobil CEO Darren Woods on Monday said his company is trying to establish it has rights over Hess Corp's Guyana assets in its dispute with Chevron, not buy the company itself.In his first public remarks on the company's pursuit of an arbitration…

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