The Spanish government has awarded €1.2 million to Carnegie Clean Energy’s AGUAMARINA project to enhance and extend the deployment of its CETO wave energy device at Biscay Marine Energy Platform (BiMEP) in the Basque Country.
Multinational technology company ABB has secured an order to deliver a complete power, propulsion, and automation system for two hydrogen-fueled short-sea container ships being built for Dutch logistics company Samskip. While financial details were not disclosed, ABB said the order was booked in the
Dutch short sea shipping company Vertom Group has taken delivery of the third dry bulk vessel built by compatriot Thecla Bodewes Shipyards, MV Vertom Tomma.
Norway saw a slight rise in oil production in August 2023 compared to the NPD’s predictions and the volume seen last year.
As the European Union (EU) prepares to implement the EU Emission Trading System (ETS) directive for the maritime sector, the European Sea Ports Organisation (ESPO) has raised concerns about the potential for carbon and business leakage due to the current legislation’s limited scope. The EU ETS direc
Greek-flagged LNG dual-fuel very large crude carrier (VLCC) Antonis I. Angelicoussis has received a certification from the Green Award Foundation, becoming the first of its kind to join the Green Award program. The certification includes the Green Award greenhouse gas labels CO2 (level 1) and CH4. T
UK offshore wind solutions provider OEG Renewables (OEGR) is targeting a strengthened position in the survey market with the acquisition of GEOSIGHT, a compatriot marine surveying company working on offshore renewable energy, subsea cables and civil projects. GEOSIGHT, founded in 2016 and headquarte
The Port Authority of New York and New Jersey has released the Net-Zero Roadmap, a comprehensive plan comprised of more than 40 actions intended to achieve both its near-term emission reduction goals and its 2050 goal of net-zero carbon emissions.
Texas-based energy company NextDecade has entered into a credit agreement with a group of lenders for $356 million of senior loans to finance a portion of the first three LNG trains (Phase 1) at its Rio Grande LNG export facility in Brownsville. According to NextDecade, the senior loans were disburs
A French company specializing in renewable energy production has issued a contract notice seeking contractors for the design and supply of an offshore hydrogen production and transport ecosystem. EDF Renewables, a wholly-owned subsidiary of the French utility EDF Group, published the contract notice
Noble Corporation has secured a new contract with TotalEnergies for its harsh-environment jack-up rig, which is currently undergoing repairs.
Fifteen years after its establishment, the Finnish company Wello has declared bankruptcy and ceased operations following the failure of two of its full-scale Penguin wave energy devices in real sea conditions, the last of which occurred offshore Spain in late 2021.
Florida-based shipping and energy supply chain company Crowley has teamed up with nuclear power firm BWX Technologies through a memorandum of understanding for a ship concept that has the potential to generate nuclear power. Under the cooperation, the duo will work on the design, engineering, and de
Aramco’s CEO has called upon world leaders and energy players to devise concrete transition steps in a bid to ensure a just transition and avert a potential energy crisis, as a result of a premature phasing out of fossil fuels.
