TGS to Provide Tech Set to Optimize Northern Lights CCS Operations
with Stockholm Exergi to transport and store 900.000 tonnes of biogenic CO2 annually for 15 years.Phase two of the development will increase the total injection capacity from 1.5 million tonnes of CO2 per year (Mtpa) to at least 5 Mtpa. The expansion through phase two builds on existing onshore and offshore infrastructure and includes additional onshore storage tanks, a new jetty, and additional injection wells.This development phase is expected to be completed and ready for operation in the second half of 2028. Equinor will remain the technical service provider (TSP) for phase two, responsible for
Fincantieri Embarks on Research Project to Protect Subsea Cables and Pipelines
The Fincantieri Foundation and Luiss Guido Carli University have launched a research initiative aimed at defining regulatory frameworks and developing operational solutions to protect subsea cables and pipelines.The project, dubbed SUBCAP - SUBsea CAbles Protection, will promote multilevel, multidisciplinary legal research to establish a regulatory framework for the protection of critical subsea infrastructure.It will be carried out by the Luiss research center “Law and Governance: Compliance, Security and Sustainability,” chaired by Professor Paola Severino.The project aligns with Fincantie
Hanwha Ocean Floating Turbine Receives ABS Approval
ABS issued approval in principle (AIP) to Hanwha Ocean for its new design of a semisubmersible-type floating offshore wind turbine.The design, named WindHive 15-H3, supports 15-megawatt (MW) turbines on three hexagonal columns. ABS completed design reviews based on class and industry requirements.“Floating offshore wind power is set to play a critical role in the world’s future energy landscape, and we are proud to collaborate with industry leaders like Hanwha Ocean on innovative solutions that are focused on advancing safety at sea,” said Rob Langford, ABS Vice President
PXGEO Appoints Head of Strategy and Transformation
drive long-term strategic direction to deliver sustainable growth and lasting competitive advantage.PXGEO was established in 2021, and currently employs a workforce of 400 across strategic global locations, including its Dubai headquarters and offices in Paris, Houston, and Oslo, along with a dedicated offshore workforce.Having been with PXGEO since its inception, Burlid brings an extensive and deep understanding of the company’s operations, culture and commercial landscape.Prior to PXGEO, Burlid spent 13 years at Polarcus, a publicly traded geophysical service provider, where he rose through the
Fugro Finds Partners for New Subsea Assets Data and Monitoring Platform
Fugro has formed a partnership with DTACT, a high-tech software company, and Ubotica, a specialist in AI-powered satellite intelligence, to develop a data fusion and intelligence platform for critical subsea infrastructure.The solution will be designed to provide government organizations with the information needed to strengthen national security and safeguard critical underwater infrastructure.Underwater pipelines, communication cables, and other subsea assets are essential to modern society, supporting global economies and daily life. Threats to this vital infrastructure can severely disrupt energy
JDR to Test Cables on Middle Eastern Offshore Platforms for L&T
JDR Cable Systems (JDR), part of the TFKable Group, has secured a contract from Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, to assist with offshore umbilical testing in the Middle East.The work will see JDR test 14 umbilical cables for offshore platforms in the Middle East, covering two major work scopes across multiple offshore platforms.This includes the testing and monitoring of critical hydraulic and electrical control systems to support operations across the platforms.JDR’s scope of work includes pre-deployment testing, monitoring during lay operations
MOL Teams Up with Kinetics for ‘World's First’ Floating Data Center
and deployment of a state-of-the-art data center hosted on a retrofitted vessel.The facility will be supplied with uninterrupted, dedicated power from a range of flexible sources, including Powerships developed by Karpowership, as well as options to integrate land-based grids, onshore solar farms, offshore wind, or other power generation solutions depending on project location and client requirements.The partnership combines Kinetics' expertise in mobile energy infrastructure with MOL's extensive maritime and offshore logistics capabilities to address the surging global demand for digital
French Wave Energy Firm Closes Multi-Million-Dollar Fundraiser
French company Seaturns has raised $2.9 million to industrialize its wave energy technology and accelerate large-scale deployment.The funding round, carried out primarily through the Keenest platform, also received strong support from long-standing shareholders Team For The Planet and Sébastien Duez, as well as the entry of Lawrence Sigaud, deputy CEO of Seaturns, into the company’s capital.Seaturns’ wave energy technology is designed as cylindrical floater that moves horizontally under the action of the wave swell. The back-and-forth movement is called surge. Using its anchoring
Subsea7 Gets Work Offshore Egypt
Subsea7 has secured a ‘sizeable’ contract offshore Egypt, worth up to $150 million.Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures. Project management and engineering work will begin immediately at Subsea7’s offices in France, Portugal, and Egypt, while the offshore activity is expected to start in 2026.The exact value of the contract was not disclosed, but Subsea7 deemed it sizeable, which means it ranges between $50 million and
February 2025
