Canada's The Metals Company (TMC) aims to apply next year for a license to start mining in the Pacific Ocean, with production expected to start as early as the fourth quarter of 2025, it said in a statement.TMC has been at the forefront of efforts…
Nearshore and onshore power installation contractor and marine consultancy company 23 Degrees Renewables (23D), part of OEG Group, said Monday it had completed a contract for an unnamed European cable company to carry out trenching and burial…
Oilfield services firms SLB, Subsea 7, Aker Solutions have received approvals from all relevant competition authorities to create a subsea joint venture, as proposed in August 2022.'Following clearance as of [Friday] by antitrust authorities in Brazil…
Norway's Aker Solutions has won a 'sizeable' contract from Azule Energy, a BP-Eni JV in Angola, to provide subsea umbilicals for the Ndungu project offshore Angola.Aker Solutions defines a sizeable contract as between NOK 0.5 billion (currently around $48…
Thailand’s state oil and gas company, PTTEP, has joined the Renewables for Subsea Power (RSP) collaborative project, which is intended to prove the concept of powering subsea equipment with wave power and intelligent subsea energy storage.The £2 million demonstrator initiative…
Steel pipe supplier Tenaris will supply pipes and services for phase II-A of the Sakarya offshore gas field development in the Black Sea, offshore Turkey.The offshore gas field is operated by Turkish Petroleum (TPAO) and located in the ultra-deep waters of the western Black Sea…
Hitachi Energy said Wednesday it had been selected as preferred technology provider of SSEN Transmission and National Grid, to supply two high-voltage direct current (HVDC) converter stations to interconnect the Scottish and English power grids…
Benthic, a Geo-services brand in Acteon’s Data and Robotics division, said Wednesday it had recently completed a site investigation comprising cone penetration tests (CPTs) using its portable remotely operated drill (PROD) that has enabled the…
Denmark-based power cable-making and installation company NKT is confirmed as the preferred bidder for the supply of power cable systems for two HVDC transmission links by Scottish SSEN Transmission, with the intent to sign a framework agreement for future projectsSSEN Transmission…
Dutch offshore installation services firm Van Oord said Friday it had completed installing and burying inter-array cables at CrossWind’s Hollandse Kust Noord offshore wind farm, bringing it a step closer to being fully operational by the end of this year…
UK-based CRP Subsea has recently won a 'major' contract from an unnamed 'leading energy technology company,' AIS, CRP's parent company, said this week.CRP Subsea will deliver 333 distributed buoyancy modules (DBMs) for a deepwater oil field project located in the pre-salt Santos Basin…
Global Underwater Hub (GUH), the UK-based trade and development body representing the UK’s underwater industry has appointed a new regional manager.'Ricci Boston, who will be based in Newcastle, will be instrumental in increasing engagement…
Norway-based Optime Subsea said Friday it had successfully tested and qualified a high-speed wireless communication system for the completion of subsea wells. 'The wireless communication system, part of Optime Subsea’s Remotely Operated Controls Systems (ROCS)…
Offshore installation firm McDermott has secured a major subsea pipelines and cables engineering, procurement, construction, and installation (EPCI) project from Qatargas.The award is related to the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project…
Oil and gas companies are set to spend $58 billion on well intervention – a way to extract additional resources from an existing well instead of drilling a new one – in 2023, the Norwegian energy intelligence group Rystad Energy said.Rystad…