OPT to Deliver AI-Ready Wave Energy PowerBuoy to Middle East
(AI) capable maritime domain awareness solution.The contract with an undisclosed client and value entails immediate delivery of OPT’s PowerBuoy to Middle East.According to OPT, the contract will generate revenues in the current quarter. The company had previously announced its selection as a preferred supplier for its Merrows-equipped buoys in the region."We are continuing to grow our business across all our solutions, WAM-Vs and PowerBuoys. We believe this shipment for a solar and wind powered system highlights our ability to service almost all marine environments across the globe.“Offering
DeepOcean to Wire RWE’s Nordseecluster A Offshore Wind Farm
Ocean services provider DeepOcean has been hired by RWE for trenching, transport and installation of all inter-array cables with adjacent services for the offshore wind turbines of Nordseecluster A project, being built in Germany.In August 2023, RWE announced that DeepOcean had been chosen as its preferred supplier of subsea installation services for the Nordseecluster A.DeepOcean has now been awarded a firm order that will include preparatory work, transport and installations of all inter-array cables, including trenching, topside pull-ins and terminations for the initial build-out phase.In total, DeepOcean
OPT to Deliver AI-equipped Buoy in the Middle East
Marine power, data, and service solutions company Ocean Power Technologies (OPT) announced it has been selected as preferred supplier for a PowerBuoy equipped with Merrows, its artificial intelligence (AI) capable maritime domain awareness solution, for an immediate delivery opportunity in the Midde East. This contract, once finalized, will generate revenues in the current quarter. Due to the confidential nature of the award, details are not being disclosed.The company had previously announced the completion of engineering for Merrows in hot climates.Philipp Stratmann, CEO and President of OPT, said
Orbital Marine and GEG Ink Tidal Energy Preferred Supplier Agreement
Floating tidal turbine technology developer Orbital Marine Power has selected Global Energy Group (GEG) as preferred supplier to lead the manufacture and assembly of tidal turbines for projects in Orkney, Scotland.It is anticipated that turbine manufacture will start at GEG’s Port of Nigg facility on the Cromarty Firth, later this year with first power expected from the Orkney connected projects in 2026.The projects have secured contracts under the UK Government’s Contract for Difference (CfD) auction rounds 4 and 5.Tidal Energy Firm Orbital Wins Two CfDs in UK Renewables AuctionThese
LS Cable Reels In Preferred Supplier Deal for CIP’s Offshore Wind Farm in Taiwan
Copenhagen Infrastructure Partners (CIP) has signed preferred supply agreement with LS Cable for the supply of both offshore and onshore cables for the 500 MW offshore wind project in Taiwan.The scope of the contract awarded to Korea-based industrial corporation and one of the biggest cable manufacturers worldwide includes supply of offshore export cables, inter-array cables and onshore export cables for the Feng Miao 1 project.The cables will be supplied from LS Cable’s Korean manufacturing facility.To remind, CIP was awarded Feng Miao 1 development in the first round of Taiwan’s Round 3
DeepOcean Becomes Aker BP's Preferred Subsea Inspection, Intervention Supplier
Subsea services company DeepOcean has entered into a long-term strategic partnership agreement with the Norwegian oil and gas company Aker BP.Under the agreement, DeepOcean will be Aker BP’s preferred supplier of subsea operations related to inspection, intervention, repair, survey, and emergent operations together with associated onshore engineering and project management services.Further, DeepOcean will supply additional vessel capacity and subsea services that may be required by Aker BP and its Subsea Alliance.The agreement has a duration until the end of 2026 with options to extend it for
'Ultra-high-resolution 3D seismic' - Ocean Floor Geophysics Acquires NCS SubSea
assisted in the transaction by PGS, OFG’s largest shareholder. No details were shared on the value of the transaction."The PGS New Energy group, which services markets including carbon capture and storage (CCS), renewables (wind farms), and seabed minerals, works closely with OFG as a preferred supplier of ultra-high-resolution seismic, CSEM, magnetic and acoustic surveying products, and services," OFG said.“OFG is delighted to add P-Cable to our already extensive range of geophysical products and services. Interest in ultra-high-density 3D seismic is growing apace, driven by rapid
TerraSond Expands in Massachusetts to Support Vineyard Wind 1
TerraSond announced plans to invest in a new base in Massachusetts as part of its commitment to support the Vineyard Wind 1 project and wider US offshore wind developments. The company, which already has facilities in Alaska and Texas, has been confirmed as a preferred supplier for the subsea balance of plant inspection and survey services for the Vineyard Wind 1 wind farm, a joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners. The wind farm will be situated 15 miles south of Martha’s Vineyard and Nantucket, and 35 miles from mainland Massachusetts. It will be
Nexans Opens Expanded Subsea Cable Facility in Charleston
offshore wind, with a goal to have 30 gigawatts (GW) of offshore wind capacity installed by 2030, and 110 GW of offshore wind by 2050.Nexans has signed a framework agreement with Eversource and Ørsted to supply the first U.S.-made subsea high voltage export cables for the projects, and preferred supplier agreement with Equinor for the turnkey projects Empire Wind 1 and 2. The firm estimates it will be able to deliver up to 1,000 kilometers of cables for Ørsted’s and Eversource offshore wind farms in North America up until 2027.Christopher Guérin, CEO of Nexans, said, "
February 2025
