Offshore Energy News


Kremlin: More Signs Appear of Ukrainian Involvement in Nord Stream Blasts

Nov 13, 2023

The Kremlin said on Monday that more signs were appearing of Ukrainian involvement in the blasts that ruptured Russia's Nord Stream gas pipelines last year, following a Washington Post report that a Ukrainian military officer coordinated the attack…

Fugro Nets Offshore Namibia Survey Contract

Nov 13, 2023

The Portuguese oil and gas firm Galp has awarded the Dutch company Fugro a contract to conduct an environmental and geophysical survey offshore Namibia. 'Known for its remote location, challenging conditions and ultra-deep water, this site is key to future energy operations in the region…

Mocean Energy Raises Funds for Blue Star Wave Energy Technology

Nov 13, 2023

Wave energy firm Mocean Energy has raised £2.2 million in new equity alongside a £500,000 grant to drive the commercialization of its wave energy technologies.The equity funds come from existing investors, including Equity Gap, Scottish Enterprise and Old College Capital…

Reach Subsea Partners with Agalas for New IMR/Survey Vessel

Nov 10, 2023

Reach Subsea, a Norwegian subsea services company, has signed a long-term charter contract with Agalas for a modern IMR/Survey vessel to be built in Turkey.According to Reach Subsea, to be hired on three or five-year charter, will has a low emission…

Nova Innovation's Floating Solar Technology Powers Forth Ports' HQ

Nov 09, 2023

Marine energy firm Nova Innovation has installed a marine floating solar demonstrator to power Forth Ports’ headquarters in the Port of Leith, Scotland.'Nova’s expertise in managing subsea power stations has paved the way for the development of robust floating solar technology…

First of a Kind Offshore Renewable Energy Hybrid Project Unveiled in China

Nov 03, 2023

The world's first offshore renewable energy project, combining floating wind power and deep-sea aquaculture, has been completed in China, Shanghai Electric Wind Power Group has informed.The project is developed by Longyuan Power Group, together…

Huisman and ESD Forge Offshore Cable-Lay Solutions Alliance

Nov 01, 2023

Dutch firm Huisman, which makes heavy construction equipment for the global offshore energy industry, has signed a partnership agreement with ESD to expand its cable-lay product portfolio and increase its position in the offshore wind market…

Prysmian Group Inks €900 Million Cable Systems Deal with Clean Path New York

Oct 31, 2023

Italian power and telecom cable-making and installation services firm Prysmian Group has signed an agreement worth around €900 million with Clean Path New York to provide subsea and land power cable systems for one of the largest transmission infrastructure projects in the United States…

World Bank Sees Lower 2024 Oil Price, but Middle East War Could Cause Spike

Oct 31, 2023

The World Bank said on Monday it expected global oil prices to average $90 a barrel in the fourth quarter and fall to an average of $81 in 2024 as slowing growth eases demand, but warned that an escalation of the latest Middle East conflict could spike prices significantly higher…

Miros Cloud Home App Gets Weather Forecast Layers

Oct 30, 2023

Miros, a global ocean insights specialist, said Monday it had advanced its offering to the maritime sector by integrating weather forecast layers into its Miros Cloud Home solution ('The new version of Miros Cloud Home incorporates…

Artificial Reefs Deployed in Dutch North Sea to Boost Marine Life Around Offshore Wind Farms

Oct 27, 2023

Dutch transmission system operator TenneT, in collaboration with contractor Equans/Smulders,  has installed several artificial reefs near the offshore wind power transformer platform Hollandse Kust (west Alpha), which are meant to stimulate marine life…

SLB, Plexus in North Sea P&A Deal

Oct 24, 2023

Oil and gas engineering services firm Plexus Holdings said Tuesday it had won a contract award for Exact and Centric equipment for a North Sea Plug and Abandonment ('P&A') project secured through its licensor SLB (ex-Schlumberger) for an unnamed  'leading North Sea operator…

China Ship is Focus of Pipeline Damage Probe, Finland Says

Oct 22, 2023

An investigation into the damage to the Balticonnector gas pipeline is currently focused on the role of the Chinese NewNew Polar Bear container vessel, Finland's National Bureau of Investigation (NBI) said on Friday.Early on Oct. 8, a gas pipeline…

Kraken Robotics Secures $3M Offshore Wind Farm Survey Services Deal in Europe

Oct 19, 2023

Canadian marine robotics company Kraken Robotics Inc. said Thursday it had secured a $3 million contract to carry out boulder detection subsea survey services as part of an offshore wind farm project located in Europe.Kraken’s contract scope includes mobilization of a dedicated survey vessel…

Fugro Boosts Offshore Wind Service Capabilities in Taiwan with New Geotechnical Lab

Oct 17, 2023

Offshore survey services and geo-data specialist Fugro on Tuesday announced the opening of its new geotechnical testing laboratory in Kaohsiung, Taiwan. Fugro said the new lab would bolster the company's capability to deliver advanced geotechnical testing for the offshore wind market…

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