Oslo-listed Magseis Fairfield on Friday said it had won a deep-water 4D Ocean Bottom Node (OBN) monitor survey contract in the US Gulf of Mexico with a repeat customer.The survey will be conducted with Magseis Fairfield’s ZXPLR technology, currently in use for ongoing projects in the same region…
Brazil maritime services provider OceanPact Servicos Maritimos has concluded a 1.22 billion reais ($226.51 million) initial public offering, according to a securities filing on Wednesday.OceanPact priced the offer at 11.15 reais per share, at the bottom limit of the indicative range of up to 13…
Oslo-listed seismic services company Magseis Fairfield has said it has won a seismic survey contract offshore Angola.The contract, with an unnamed 'major international energy company' is for a deep-water Ocean Bottom Node baseline survey (3D)…
Floating Production Storage and Offloading (FPSO) vessels are essential tools in the search for oil in deeper waters, further from shore-based facilities. Typically, the large FPSO is stationary with a number of wells feeding oil into its holds…
Scottish tidal energy technology firm Sustainable Marine is forging ahead with plans to deliver the world’s first floating tidal energy array after unveiling its next-generation platform in Nova Scotia, Canada.Construction of what the company says is pioneering new 420kW PLAT-I 6…
U.S. based ocean energy technology developer Ocean Power Technologies has acquired 3Dent Technology, an offshore energy engineering and design services company based in Houston, Texas. 'OPT’s first acquisition brings additional revenue from 3Dent’s established project and customer base…
CorPower Ocean, a Sweden-based developer of wave energy converters, which has recently secured a 10-year license marine license in Portugal, said Tuesday it had attracted an investment of 7.3 million euros for its Portuguese wave energy technology project…
Oil major Shell has this week signed an agreement to join a floating wind project in the Celtic Sea, offshore Ireland.The agreement, signed with Irish developer Simply Blue Energy, will see Shell acquire a 51% share of their Simply Blue Energy Kinsale venture…
Scotland-based wave energy technology company developer Mocean Energy is gearing up to deploy its scale prototype, Blue X wave energy converter at the European Marine Energy Centre (EMEC) in Orkney, Scotland.Mocean Energy has signed a berth agreement to test at EMEC’s Scapa Flow test site…
The National Offshore Wind Research and Development Consortium (NOWRDC)has made available $2.6 million for a group of projects aiming to advance technological innovation that will drive down costs of offshore wind development in the U.S.The Consortium…
Oslo-listed seismic surveyor Polarcus has defaulted on its bank loans and bonds, it said on Tuesday, sending the company's shares plunging more than 30%.Polarcus and other seismic surveyors have been hit by weak demand as oil companies slash…
Subsea services company DeepOcean has completed the wind-down of its UK Cable Lay & Trenching business.DeepOcean had in November 2020 said it had started a restructuring process in relation to three UK subsidiaries in its Cable Laying and Trenching business (the “CL&T Group”)…
Acteon's pile-driving operating company, MENCK, has won a contract to support the Dutch offshore contractor Boskalis with the foundation piling activities on the Taiwanese Changfang and Xidao offshore wind farm (CFXD OWF) project. The project…
Aberdeen-based subsea battery developer EC-OG has appointed Bob MacDonald, a former Wood Group man - now Wood - as Chairman.MacDonald previously served as Chief Executive Officer of the Specialist Technology Solutions (STS) business for energy services specialist Wood…
Norway's Kongsberg Maritime has signed a Letter of Intent with Chinese shipbuilder Yantai CIMC Raffles Offshore to deliver a large technology package for the BT-220IU Wind Turbine Installation Unit.The offshore installation vessel BT-220IU is to be constructed for the Norway-based company OIM Wind…
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