Samsung Heavy Industries (SHI) has announced that it will sign an investment memorandum of understanding (MoU) with Busan City, South Korea, to establish an R&D Center.The Busan R&D Center will focus on offshore design and engineering. According to the memorandum of understanding…
Subsea cable maker JDR Cable Systems has won a contract to deliver, test and terminate the 66kV dynamic inter-array cables (IAC) for Qair’s 30MW floating offshore wind project Eolmed in the Mediterranean Sea, offshore France.The floating wind project…
Dutch offshore flotel services firm Chevalier Floatels said Wednesday it had secured a contract extension for its DP Gezina offshore accommodation vessel.According to Chevalier Floatels, the Walk-to-Work vessel DP Gezina has been working in…
Industrial services company Altrad said Wednesday it had won a 5-year contract to support the fabric maintenance of multiple assets for a major operator in the UK North Sea.According to Altrad, the contract, which takes effect on August 1, 2023…
Sweden hopes to be able to determine who was behind the Nord Stream gas pipeline sabotage by the autumn, the prosecutor leading the country's investigation told Swedish radio.In September 2022, several unexplained underwater explosions ruptured…
German renewable energy company RWE said Wednesday that 40 of the 72 offshore wind turbines at what will be Denmark's largest offshore wind farm Thor will be equipped with recyclable rotor blades.The 40 SG 14-236 DD wind turbines will be equipped…
A close ally of Russian President Vladimir Putin said on Wednesday there was no reason for Moscow not to destroy its enemies' undersea communication cables given what he said was Western complicity in the Nord Stream pipeline blasts.A sharp drop in pressure on both pipelines was registered on Sept…
UK-based offshore vessel operator North Star has awarded a new contract to Great Yarmouth-based shipbuilding Alicat Workboats Ltd for the construction of two new offshore wind daughter craft.The hybrid-propulsion workboats 5 & 6, designed by Chartwell Marine…
Norway's Aker Solutions has received a Letter of Award (LOA) from the oil and gas firm Equinor to provide the subsea production system and control umbilical for the Eirin field development, located in the North Sea, offshore Norway. The development…
The offshore carbon storage project in the Danish North Sea, called Project Greensand, has received official safety approval from DNV.'The project is the first in the world to demonstrate that CO2 can be transported across national borders and stored offshore to mitigate climate change…
Equinor plans to expand its oil production in Brazil more than fivefold over the next decade, while also eyeing green energy projects, especially in offshore wind power, an executive for the Norwegian energy giant said on Tuesday.The company aims to boost output to more than 500…
Shell will ramp up dividends and share buybacks while keeping oil output steady into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence that wavered over its energy transition plan.In a new financial framework announced on Wednesday…
Damen Shipyards Group has unveiled the Multi Cat 1908 Electric, a fully electric, zero emissions operations workboat.The MuC 1908 E is based the Damen Multi Cat 1908, a proven product within the Damen portfolio that has been operating successfully around the world for over a quarter of a century…
The International Marine Contractors Association (IMCA) has announced Revision three of its flagship guidance document on diving operations, the IMCA International Code of Practice for Offshore Diving (IMCA D 014).The revised guidance will be…
Baltic Workboats (BWB) and Damen Shipyards have signed a partnership agreement for a program to build 'a significant number' of Damen’s Fast Crew Supplier (FCS) 2710 crew transfer vessels (CTV) at BWB’s facility on Saaremaa Island in Estonia…