Ministers of Energy of Cyprus, Israel and Greece on Monday signed a memorandum of understanding on Cooperation in relation to the EuroAsia Interconnector Project.The EuroAsia Interconnector is the official EU project developer of the 2,000MW electricity interconnector between Israel…
Wave energy company CorPower has said it is joining Simply Blue Energy's Western Star floating wind and wave energy project off Ireland's west coast.'CorPower is joining EIT Innoenergy to support project developer Simply Blue Energy, marking…
UK-based wave power technology company Mocean Energy, and subsea battery developer EC-OG have teamed up with Chrysaor, Modus, OGTC, and Baker Hughes to fund the demonstration of a wave-powered renewable energy system for running subsea equipment…
Offshore services firm TDI-Brooks International has said it has recently completed Environmental Baseline Studies (EBS) for both Chevron's Cabinda Gulf Oil Company and ExxonMobil in Angola.TDI-Brooks deployed the R/V Proteus vessel to blocks…
Acteon's pile-driving operating company MENCK has won a contract with offshore installation company Allseas to deliver piledriving and handling equipment for the installation of TenneT’s DolWin6 offshore converter platform in the German sector of the North Sea…
Offshore engineering solutions provider Aquaterra Energy said Monday it had won a multi-million-dollar riser contract in the Asia Pacific region.Aquaterra said the contract was with a marine vessel owner and operator, for deeper water well intervention projects mainly in the Asia Pacific region…
Oceaneering's Subsea Robotics (SSR) and Offshore Projects Group (OPG) have been awarded an integrated rig services contract covering the Murphy Oil-operated Khaleesi/Mormont and Samurai fields in the U.S. Gulf of Mexico.The work scope includes…
Global Offshore, an offshore cable installation, repair, and trenching services provider, has won a multi-year offshore wind farm cable maintenance and management framework agreement with Equinor.Global Offshore, a Global Marine subsidiary,…
Dutch offshore geotechnical survey firm Fugro has said it has won multiple contracts with Eni in Angola for geotechnical and environmental surveys off the coast of Angola between now and May.Fugro said that two of its vessels are currently active in the region…
Alfa Laval has won a deal to supply Framo pumping systems for the foundations at Seagreen offshore wind farm, Scotland's largest offshore wind farm project.'It is the second order for pumping systems in this application and marks an important…
Sweden-based engineering group Trelleborg said Monday it had signed an agreement and finalized the divestment of its offshore oil and gas operation in Skelmersdale, England.'The company is part of the overall offshore operation in the Businesses Under Development reporting segment…
Former CEO of MHI Vestas Offshore Wind, Jens Tommerup, joins the board of the Danish renewable energy technology company Floating Power Plant.Floating Power Plant, which is developing a combined wind and wave device, said Monday Tommerup believed…
Oil prices open March 2021 on a strong note, supported by optimism about COVID-19 vaccinations, a U.S. stimulus package and growing factory activity in Europe despite coronavirus restrictions.Brent crude was up 63 cents or 1% at $65.05 a barrel by 1150 GMT…
The OSV sector will be reliant on a hitherto unseen amount of scrapping to balance the market, writes Gregory Brown, Associate Director – Offshore, Maritime Strategies InternationalThere is a consensus that an OSV market recovery will only be driven a supply side rationalization…
Sitting at 49% of the total cost of decommissioning, wells plugging and abandonment (P&A) has long been high on the hit-list on the decommissioning cost reduction agenda. It’s a task that has no returns on the cost to do it, and activity is increasing…
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