The new concept, dubbed subsea pumped hydro storage (SPHS ... that can be exported to the grid or the desired load. The proposed system during charging and discharging Image: Kitty Kiellands ...

For comparison, in 2024, TechnipFMC was awarded a contract worth between $500 million and $1 billion to provide a 48-well subsea system for ExxonMobil’s Whiptail project in Guyana, which lies in ...

“We are extremely grateful to have reached this significant milestone in the realization of the MANTA subsea cable system,” said Ray Collins, SVP of Infrastructure and Corporate Strategy at ...