TGS Advances Seismic Imaging Across Three Offshore Basins
TGS has launched three seismic data projects offshore Ghana, Norway and Canada, expanding its multi-client data portfolio as explorers seek to unlock frontier and underexplored offshore basins.The company signed an agreement with Ghana's Petroleum Commission to develop the Gulf of Guinea 2D-cubed project across the Keta Basin, while also announcing new 3D seismic reprocessing campaigns in the Norwegian Sea and offshore Newfoundland and Labrador.Offshore Ghana, the first phase of the Gulf of Guinea 2D-cubed project will combine 5,500 sq km of existing 3D seismic data and more than 14,700 km of 2D
CorPower Gains World-First DNV Wave Energy Prototype Approval
CorPower Ocean has been awarded the world’s first DNV Prototype Certificate for a wave energy converter (WEC), marking a major leap towards bankable, utility-scale wave energy.The CorPower C4 has been certified by DNV under DNV-SE-0120, Certification of Wave Energy Converters and Arrays, following independent verification.The certificate confirms the technology meets DNV’s stringent requirements for structural strength, reliability and safety, establishing a new international benchmark for the wave energy industry. It also establishes a significantly reduced technology risk, unlocking the
SMD, Prysmian Advance Power Cable Installation with New Plough
grid connections that are crucial for linking energy generation to security of supply, and their capacity positions them as a national strategic priority. The quad bundles will provide grid connections from the next-generation offshore wind farms to key industrial hubs deep in the heart of industrial Europe. They will also link renewable energy resources to high-density demand by an offshore green link, offsetting the need for land cables, pylons and disruption to the local population,” said Paul Davison, Deputy CEO at SMD.“Prysmian is proud to have partnered with SMD on the development
DeepOcean Wraps Up Decom Scope at Spirit Energy’s North Sea Field
DeepOcean has completed subsea decommissioning work at Spirit Energy's Seven Seas and Grove West fields in the southern North Sea, recovering a subsea wellhead protection structure and disconnecting subsea infrastructure ahead of a planned rig campaign.DeepOcean carried out engineering and project management from its Aberdeen operations and deployed the construction vessel Edda Freya to recover the remaining wellhead protection structure at the Seven Seas field, which weighed more than 100 tonnes, along with associated subsea infrastructure.The recovered materials have been transported for reuse
Van Oord, Sumitomo Sign HVDC Framework Deal for Scottish Interconnector
SSEN Transmission has signed a long-term framework agreement with a consortium of Sumitomo Electric and Van Oord to support future high-voltage direct current (HVDC) subsea transmission infrastructure across the north of Scotland.The agreement covers the engineering, supply, transport and installation of HVDC subsea cable systems and includes initial design and engineering work for the proposed 525 kV Shetland 2 HVDC link.The framework brings together SSEN Transmission's long-term investment program, Sumitomo Electric's HVDC cable manufacturing and system design capabilities, and Van Oord's
Saipem Taps Fugro for CCS Development off UK
of it. By working closely with Saipem across nearshore and offshore environments, from early surveys through to installation, we support informed decision-making that helps Saipem manage risk across a technically complex route,” said Mike Duncan, Fugro's Director of Marine Asset Integrity in Europe and Africa
NextFloat Floating Wind Pilot Clears Key Spanish Regulatory Hurdle
mooring lines avoid seabed dragging and minimize underwater noise.The platform is designed for turbines with a 160-meter rotor diameter and has a primary steel weight of 1,500 tonnes. X1 Wind estimates this represents a weight saving of 30% to 50% compared with traditional steel floaters installed in European pre-commercial projects of a similar scale.The X100 will feature a downwind turbine with a 160-meter rotor diameter and 8.5 MW nameplate capacity. The pilot is planned to operate in offshore conditions for several years, generating data to support final prototype certification and commercial-scale
Fincantieri Strikes Four Deals in $687M Underwater Expansion
Italian shipbuilder Fincantieri has agreed to acquire majority stakes in four companies for an initial expenditure of about $687 million (€600 million), expanding its capabilities in marine drones, subsea services and underwater communications across commercial and defense markets.The agreements cover acquisitions of majority stakes in Next Geosolutions, WSense, Graal Tech, and Defcomm, which will be integrated into Fincantieri’s Underwater technological hub.Next Geosolutions, listed on Euronext Growth Milan, provides marine survey and geoscience services as well as offshore construction
Kongsberg Secures Critical Infrastructure Protection Deal
Kongsberg has signed a contract with an unnamed international customer to deliver technologies for the protection of critical infrastructure.The project will focus primarily on underwater surveillance and protection, according to Kongsberg, which did not disclose the value of the contract.Critical infrastructure includes oil and gas installations, telecommunication cables, energy grids, ports and transportation networks.“Preventing and detecting threats and attacks are essential to protect people and critical infrastructure. Kongsberg has the solutions and technology to support countries and
February 2026
