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The contract covers the engineering, procurement, construction and installation of a floating production, storage and offloading unit for the Kutei North Hub Field Development Facility
The agreement is intended to support a series of strategic subsea transmission projects, including the proposed Shetland 2 HVDC link.

Washington splashes marine R&D cash

The US Department of Energy has selected 12 organisations to receive a combined $25m funding to support wave and tidal energy research and development.

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