OPT to Deploy Multiple PowerBuoys for US Coast Guard
Ocean Power Technologies has secured a contract worth more than $5 million to deploy and operate multiple maritime surveillance buoys for a U.S. Coast Guard mission under the U.S. Department of Homeland Security.The contract covers the delivery and operation of MERROWS-equipped PowerBuoy systems to support a demonstration aimed at providing persistent maritime domain awareness off the coast of San Diego, California. Near-term delivery will include four maritime surveillance-equipped PowerBuoy platforms.The buoys will be integrated into the Department of Homeland Security’s chosen command, control
Viridien Kicks Off Multi-Client Reimaging Program off Malaysia
French seismic firm Viridien has announced a new basin-scale reimaging program within the hydrocarbon-prolific Balingian-Luconia-Baram basins, in collaboration with Petronas, through Malaysia Petroleum Management.Viridien will leverage its imaging technologies to reimage 44,000 km2 of legacy 3D seismic data, starting in January 2026 with a basin-wide post-stack merge to deliver early data and key insights for further high-end reimaging.Prefunding is now open, allowing early participants to access initial results and benefit from enhanced imaging beneath complex carbonate sequences and resolve long-stand
Modelling Identifies Optimal Offshore Renewables Sites
Researchers have developed a computational model that identifies the best combination of location and energy technologies to maximize offshore energy production, reducing the financial risk associated with investing in offshore renewable energy projects.The model accounts for different types of wind and marine hydrokinetic technologies, the best location for co-siting these technologies, and the best size of the relevant technologies.“Offshore energy technologies – such as marine hydrokinetic devices that convert the ocean’s tides, current and waves into electricity – hold
Japan Tests Deep Seabed Mining of Rare-Earth Mud
Japan will conduct test mining of rare-earth-rich mud from the deep seabed off Minamitori Island, some 1,900 kilometres (1,180 miles) southeast of Tokyo, from January 11 to February 14, the head of the government-backed project said.The operation will mark the world's first attempt to continuously lift rare-earth mud from a depth of around 6,000 meters on to a vessel.Tokyo, like its Western allies, is seeking to secure stable supplies of critical minerals as China, the dominant supplier of rare earths, tightens export controls."One of our missions is to build a supply chain for domestically
Nexans Sets Record with Deepest-Ever HVDC Subsea Cable Installation
French cable maker Nexans has set a new world record in the subsea power cable industry after installing a 500 kV high-voltage direct current (HVDC) subsea cable at a depth of 2,150 meters on Italy’s Tyrrhenian Link project.The installation, completed during the holiday period, marks the deepest-ever deployment of an HVDC subsea power cable and was carried out in collaboration with Italian grid operator Terna.The milestone was achieved on the western section of the Tyrrhenian Link, a major electricity interconnection project linking Sicily and Sardinia, and reflects years of engineering developmen
DOF Inks $150M ROV Support Vessel Contract with Petrobras
Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander.The contract was awarded following the same competitive tender process that led to six previous four-year RSV contracts announced earlier.The Skandi Commander will be equipped with both a Remote Operated Vehicle (ROV) and an Autonomous Underwater Vehicle (AUV), the latter being a unique feature of this agreement.The contract, valued at approximately $150 million, is expected to start in January 2027."I am proud of our achievements in Brazil
Shearwater Set to Start Multi-Client Survey Offshore Nigeria
Offshore seismic services firm Shearwater Geoservices has finalized the preparations for the upcoming start of a new multi-client seismic project offshore Nigeria.The 3D survey is backed by significant industry funding and will be executed in partnership with Harvex Geosolutions and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).The project is scheduled to start at year-end 2025 and will be carried out by Shearwater’s high-end vessel SW Duchess over an expected two-month period.The survey will provide high-resolution subsurface data across the Western Niger Delta Basin, supporting
Saipem Gets DNV Certification for Offshore Asset Lifecycle Management
Saipem has obtained ISO 55001:2024 certification, the international standard for asset lifecycle management, marking a significant milestone in its journey towards operational excellence and offshore sustainability.The certification, issued by DNV, confirms Saipem’s Asset Management system compliance with the most advanced requirements, covering all operational phases - design, procurement, installation, commissioning, maintenance and decommissioning, ensuring a robust and effective “Asset Integrity” framework.The certification applies to Saipem’s entire offshore asset portfolio
Tekmar Secures Over $9M Offshore Wind Cable Protection Deal
Asset protection technology and offshore energy services provider Tekmar Group has signed a contract worth over $9 million from an existing engineering, procurement and construction customer for a major U.K. offshore wind project.The AIM-listed subsea engineering firm said the scope of work covers the supply of its 10th Generation Cable Protection System and associated ancillaries for an offshore wind farm in U.K. waters.According to Tekmar, it will use its in-house engineering capabilities and cable protection system design expertise to deliver the project. Subject to a final investment decision
December 2025
