Subsea technology and services company SMD has completed site acceptance testing of its electric work-class remotely operated vehicle (ROV), marking a milestone in the development of fully electric subsea systems.Testing of the SMD Quantum EV was completed at the DEEP Campus near Bristol…
Subsea services provider OMS Group has signed contracts with Ulstein for the design and construction of two cable laying vessels (CLVs).The vessels will be designed by Ulstein Design & Solutions and constructed at Ulstein Verft, with delivery planned for 2028…
The Philippines has made its first natural gas discovery in more than a decade after gas and condensate were found at a well near the Malampaya gas field off the island of Palawan, President Ferdinand ‘Bongbong’ Marcos Jr. announced.The well…
JERA Nex bp is acquiring EnBW’s stake in the Mona Offshore Wind Farm and has signed a lease agreement with The Crown Estate for the project, marking an important milestone for the company and for the UK’s offshore wind ambitions.This is a significant…
Belgium-based offshore installation services company DEME has taken delivery of its second new wind turbine installation vessel, Norse Energi, at the CIMC Raffles Shipyard.As the sister vessel of the recently delivered Norse Wind, Norse Energi…
The North Sea Transition Authority (NSTA) has fined two offshore operators, NEO and CNR International, a total of $470,000 (£350,000) for breaches related to emissions limits and well decommissioning, as the regulator continues to tighten enforcement of industry rules…
Singaporean shipbuilder Strategic Marine has delivered the second 27-metre Z-Bow Crew Transfer Vessel (CTV) to Taiwan for an undisclosed customer.With the delivery, Strategic Marine completed the two-vessel program for the client.Purpose-built for offshore wind farm duties…
Marine seismic company PXGEO has appointed two senior executives to strengthen its leadership team and support operational performance across its global operations.Bob Nouh has been named technical solutions director and senior vice president…
The U.K. has awarded a record 8.4 GW of offshore wind capacity in its latest Contracts for Difference allocation round (AR7), with RWE emerging as the largest winner after securing contracts for 6.9 GW and agreeing a long-term partnership with investment firm KKR…
ABS and AMOG Consulting have signed a memorandum of understanding (MOU) to collaborate on an offshore mooring digital twin.The agreement combines AMOG’s monitoring technology with ABS’ classification and certification capabilities to deliver…
U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a contract to supply a subsea distribution system for a deepwater project in the Gulf of America.KOIL Energy will manufacture the subsea umbilical termination assemblies (SUTAs)…
American Bureau of Shipping (ABS) has issued approval in principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its new design of a floating offshore substation to support deepwater wind farms.The substation concept received a SMART (SHM) Tier 3 AiP from ABS…
Vantris Energy, formerly known as Sapura Energy, has divested its 40% equity stake in L&T-Sapura Shipping to joint-venture partner Larsen & Toubro for total consideration of about $30.5 million, as part of a broader portfolio optimization strategy…
Vard, the Norwegian subsidiary of the Fincantieri Group, has signed a new contract with existing customer Ocean Infinity for the design and construction of four Multi-Purpose Robotic Vessels (MPVs).The contract, whose value exceeds $230 million (€200 million)…
4Subsea, a provider of tech solutions for the offshore energy industry, has been awarded a project under the DeepStar consortium to develop an industry guideline for monitoring polyester mooring lines used in deepwater floating systems, the company said…
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