As the world witnesses the devastating impact of climate change through catastrophic events like wildfires engulfing the Greek island of Rhodes and northern Algeria, and the occurrence of giant supercells in Italy, the need for urgent and sustainable solutions within the energy industry, the maritim
U.S. oil and gas company Hess Corporation has made an oil discovery in an exploration well located in the U.S. Gulf of Mexico.
Benthic, a geo-services brand in Acteon’s Data and Robotics division, has completed a site investigation comprising cone penetration tests (CPTs) at the MFW Bałtyk II and MFW Bałtyk III offshore wind farm sites in the Polish Baltic Sea. The tests were done using the company’s portable remotely opera
The global oil and gas industry has embarked on a growth upcycle, raising concerns that this is putting net-zero 2050 commitments at risk.
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has signed a contract with COSCO Shipping Energy and PetroChina, part of China National Petroleum Corporation (CNPC), to build two liquefied natural gas (LNG) carriers.
Subsea 7’s revenue for the first half of 2023 was $2.8 billion, a $323 million or 13 per cent increase compared to the first half of 2022, said to be due to significantly increased activity in the Subsea and Conventional business unit partly offset by lower revenue in the Renewables business unit. F
The power sales from the MeyGen tidal energy project have reached €4.5 million in 2022, according to the developer of the project SIMEC Atlantis Energy, which also unveiled plans for potential combination of the tidal power scheme with its battery energy storage systems (BESS) business.
Andorra-based marine battery maker AYK Energy has opened a new 5000 sqm factory in Zhuhai, China, to boost the company’s production capacity. According to AYK Energy Founder Chris Kruger, the factory will ramp up the capacity, using a new automated manufacturing system, to 300 MWH a year, with the a
Qatar’s energy sector is positioned for further growth, solidifying the country’s position as the world’s top exporter of LNG.
Chinese shipbuilder Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has received Approval in Principle (AIP) certifications from major international classification societies for three cutting-edge ship designs. These include a 98,000 cbm liquefied ammonia c
On 25 July, tugboat Sakigake, operated in Tokyo Bay by the NYK Group’s Shin-Nippon Kaiyosha, conducted its last bunkering at Yokohama Shinko pier as a vessel fueled by liquefied natural gas (LNG).
SSEN Transmission and the UK National Grid have selected Hitachi Energy as the preferred technology provider for two HVDC converter stations to interconnect the Scottish and English power grids. The news comes a few days after the Switzerland-based company was selected to deliver the HVDC converter
Beach Energy is now targeting the start of drilling operations at its development well off Taranaki towards the end of the first quarter of 2024.
The US Department of Commerce and National Oceanic and Atmospheric Administration (NOAA) have launched the Ocean-Based Climate Resilience Accelerators program, designed to support blue economy startups and concepts.
