Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S. project, after potential partners were put off by U.S. President Donald Trump's hostility to wind power.The 60 billion crowns ($9…
Expro delivered what is said to be the world’s first fully remote five-plug cementing operation in the Kingdom of Saudi Arabia.The milestone operation, executed using Expro’s Generation-X Remote Plug Launcher (RPL) and proprietary SkyHook cement-line make-up device…
Vantage Drilling International completed the sale of the Tungsten Explorer to TEVA Ship Charter LLC, the joint venture entity owned 25% by the Ccompany and 75% by TotalEnergies. In line with previous announcements Vantage will continue to manage…
Teledyne Geophysical Instruments, a division of Teledyne Marine, has introduced eXtreamer, a small form factor streamer engineered for high-resolution marine seismic surveys.Developed in collaboration with Geometrics, eXtreamer provides a flexible…
Energy data and intelligence firm TGS has secured a streamer acquisition contract in the East Mediterranean.Acquisition is scheduled to begin in the third quarter of 2025, and the contract has a duration of approximately 30 days.No further details…
Onshore wave energy company Eco Wave Power Global has installed its energy conversion unit at the Port of Los Angeles, marking a key step toward first operational testing of the company's inaugural U.S. wave energy pilot.The energy conversion…
Fugro has secured a contract from Shinfox Energy for geotechnical services to support the development of its 700 MW Youde offshore wind farm off the west coast of Taiwan.Fugro will use its Taiwan-flagged vessel, Pacific Hornbill, an IOVTEC-managed DP2 vessel…
Dutch geological data specialist Fugro has been selected to deliver extensive offshore and onshore surveys for multiple major energy field developments in the Middle East.Fugro has recently been awarded multiple contracts to perform comprehensive…
French subsea power cable maker and services provider Nexans has formed partnership with Crowley Wind Services to develop and operate a Jones Act compliant cable lay barge. The cable lay barge will be dedicated to supporting the installation…
Italian offshore services provider Next Geosolutions (NextGeo) has secured two new contracts from Prysmian, worth $23.5 million, to deliver its services for Bay of Biscay interconnection project and offshore wind farm developments in the Netherlands…
Autonomous subsea robotics and software solutions specialist Nauticus Robotics has signed a master services agreement (MSA) with Advanced Ocean Systems (AOS), forming a strategic alliance seeks to accelerate the integration of autonomy across the offshore sector…
Onshore wave energy technology firm Eco Wave Power has completed the installation of floaters for its first U.S. wave energy project at the Port of Los Angeles.With this critical milestone achieved, the company is moving full speed ahead toward the official unveiling on September 9…
Subsea cable services company Asso.subsea has secured the nearshore cable installation contract for three key projects under TenneT’s 2 GW grid program, including BalWin4, LanWin1, and LanWin5.The projects are located off the northwestern coast of Baltrum Island…
U.S.-based low-carbon marine power, data, and service solutions provider Ocean Power Technologies (OPT) has signed a new reseller agreement with a Latin America-based partner focused on supporting the Mexican offshore and maritime markets.The…
Eco Wave Power has signed an agreement with the Africa Great Future Development (AGFDL) to conduct a feasibility study for a potential wave energy power station at the Port of Ngqura, South Africa.The agreement marks Eco Wave Power's first step…
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