Northern Ireland-based subsea technology specialist Decom Engineering has developed and deployed a new ultra-light Chopsaw for subsea cutting operations.The C1-16UL Chopsaw represents the most significant advancement in Aberdeen-based Decom's Chopsaw range…
Vår Energi and license partner Kistos Energy Norway have reached the final investment decision (FID) for the Balder Phase VI project in the Balder area, off Norway.The fast-track development will be a key contributor to sustaining long term…
Ocean services provider DeepOcean has expanded its fleet of remotely operated vehicles (ROVs) by adding eight new units to its existing fleet.Three new ROVs have recently been delivered, with the remaining five scheduled for delivery over the next four years…
Yinson Production and “K' Line Energy Shipping (UK) (KLES), a London-based subsidiary of Kawasaki Kisen Kaisha ('K' LINE), have entered into an agreement to jointly develop and market solutions for the transportation and injection of liquefied CO2…
Subsea 7 today has secured a ‘substantial’ contract offshore Norway, worth between $150 million and $300 million.Subsea7’s scope includes engineering, procurement, construction and installation (EPCI) of pipeline bundles, spools, protection covers and tie-ins using key vessels from Subsea7’s fleet…
Acteon’s Rocksteady Tension Tool (RSTT) has been selected by InnovateUK iX, a UK program designed to fast-track knowledge transfer and accelerate innovation. The RSTT is a reusable in-line winch and connection system designed to enable mid…
Malaysian FPSO leasing firm Yinson Production has closed of the previously announced $1 billion investment from a consortium of global investor to further drive its business growth.The funding was secured through a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA)…
RenewableUK and the Offshore Wind Industry Council (OWIC) have released a new report showing that the number of people working in the offshore wind industry has risen from just over 32,000 two years ago to nearly 40,000 today – an increase of 24%…
Energy industry services firm EnerMech has secured a contract by ExxonMobil to deliver a complete flowline decommissioning package for the Hoover Diana development in the Gulf of America.EnerMech’s scope includes decommissioning the subsea flowlines…
King Charles III's Crown Estate, which owns Britain's seabed, said on Tuesday it will invest up to 400 million pounds ($543 million) in the country's offshore wind supply chain.The investment is intended to support the construction of new infrastructure…
The European Investment Bank (EIB) has allocated $1.84 billion to finance the construction of the Bay of Biscay electricity interconnection between Spain and France.The EIB financing for the Bay of Biscay project takes the form of loans to Spanish…
Mermaid Subsea Services (UK) has completed a well intervention on the Teal P2 well in the Central North Sea for Anasuria Operating Company (AOC).Executed from the Island Valiant vessel, the operation was carried out on behalf of Anasuria Operating Company (AOC)…
Israeli government has ordered Chevron’s subsidiary Chevron Mediterranean to halt production at its operated Leviathan offshore natural gas project amid security concerns related to the escalation of conflict with Iran.The Minister of Energy…
GONDAN Shipbuilders has delivered a newly built Commissioning Service Operations Vessel (CSOV) Austri Enabler to Norwegian shipowner Edda Wind.The Austri Enabler, designed by Norwegian company Salt Ship Design, is part of a new generation of…
TechnipFMC and Petrobras have agreed to test and monitor a new electric actuation technology that is set to join the TechnipFMC eSolutions portfolio of electrical subsea systems.Scheduled for integration into a subsea tree planned for installation in 2026…
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