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Tyra II; Source: BlueNord
Business & Finance

Tyra II takes one step closer to first gas – gallery

The work on the export pipeline for TotalEnergies’ redevelopment project in the Danish North Sea has been completed.

about 3 years ago
A photo of the Sealhyfe offshore green hydrogen production platform next to the Floatgen floating wind turbine
Business & Finance

In focus: CCS and renewables leading the energy transition race

The summer holiday season doesn’t seem to be slowing down the activities of the global energy sector. Energy companies are still moving strongly towards a low-carbon and sustainable future, with carbon capture and storage (CCS) and renewables serving as the main topics of the conversation. TotalEner

about 3 years ago
Yara and BASF to work on low-carbon blue ammonia project in U.S.
Business Developments & Projects

Yara and BASF to work on low-carbon blue ammonia project in U.S.

Yara Clean Ammonia (YCA), a subsidiary of Norwegian fertilizer company Yara International, and BASF, a German-based chemical producer, are collaborating on a joint study to develop and construct a low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast region. Accordin

about 3 years ago
evergreen
Business & Finance

Container shipping majors score big as Evergreen, CMA CGM, and Maersk add over 40 orders to the yards

The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to staggering 44 containerships, valued at over $5 billion. Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TE

about 3 years ago
FPSO Ruby; Source: Samsung Heavy
Business & Finance

BP and Reliance achieve first gas from third deepwater field off India

Reliance Industries Limited (RIL) and BP has brought on stream the third deepwater development in block KG D6 off the east coast of India.

about 3 years ago
Saipem
Business & Finance

Saipem rakes in $1 billion for new assignments with Aramco and Petrobras

Italy’s oilfield services provider Saipem has secured new contracts, which are worth approximately $1 billion.

about 3 years ago
EPS
Business & Finance

EPS to apply GIT’s graphene-based propeller coating across its fleet

Singapore-based ship management company Eastern Pacific Shipping (EPS) revealed that it has teamed up with Canada-based coatings company Graphite Innovation & Technologies (GIT) to implement the latter’s graphene-based, biocide-free propeller coating across its fleet. EPS plans to boost the performa

about 3 years ago
Wavepiston's wave energy technology (Courtesy of Wavepiston)
Authorities & Government

Wavepiston and university partners get €2M grant for wave energy project

Danish company Wavepiston and its two university partners have secured a government grant of over €2 million for a wave energy research project.

about 3 years ago
Prysmian
Business & Finance

Prysmian unveils new ‘challenging’ emission reduction targets on the road to net-zero

Prysmian Group has set new near-term and net-zero GHG emission reduction targets, which will enable it to reach its sustainability goals.

about 3 years ago
Seaway7 signs $500+ million contract for East Anglia Three offshore wind farm
Business & Finance

Seaway7 signs $500+ million contract for East Anglia Three offshore wind farm

Seaway7 has signed a contract with ScottishPower Renewables, Iberdrola’s UK arm, for the transport and installation of foundations and inter-array cables for the 1.4 GW East Anglia Three offshore wind farm. The deal is worth between $500 million and $750 million, as per Subsea7’s definition of a ver

about 3 years ago
The area covering the North Sumatra MC2D data rejuvenation project (Courtesy of PGS)
Business Developments & Projects

PGS secures data rejuvenation work in Indian Ocean

Norwegian seismic company PGS has secured work on the North Sumatra MC2D data rejuvenation project, which will provide a new look at one of the hottest hydrocarbon provinces in Indonesia following the successful Timpan-1 discovery in 2022.

about 3 years ago
MOL AIP PETRONAS
Business & Finance

MOL, PETRONAS & SDARI win AiPs for LCO2 carrier and FSO design

Tokyo-based shipping company Mitsui O.S.K. Lines (MOL) has won approval in principle (AiP) from classification societies Det Norsk Veritas AS (DNV) and the American Bureau of Shipping (ABS) for a liquefied CO2 (LCO2) carrier. Additionally, ABS has granted an AiP for a floating storage and offloading

about 3 years ago
Illustration; Source: BOEM
Authorities & Government

US to shield taxpayers from decom costs by strengthening financial assurance for offshore oil & gas

Wheels are in motion to put better safeguards in place to protect U.S. taxpayers from being forced to pay decommissioning costs.

about 3 years ago
The partnership aims to position Wales at the forefront of the international marine energy industry (Courtesy of Marine Energy Wales)
Authorities & Government

Welsh marine energy gets a boost with new collaboration deal

Marine Energy Wales and Morlais have signed a memorandum of understanding to enhance their collaborative efforts and accelerate growth of the marine energy sector.

about 3 years ago
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