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Safety-first approach halts Weco’s wave energy device North Sea deployment
Business Developments & Projects

Safety-first approach halts Weco’s wave energy device North Sea deployment

The Hague-based Wave Energy Collective’s (Weco) Kaizen 2.0 wave energy prototype underwent testing in the North Sea last week, marking an important phase in the company’s ongoing development process. According to the team, preparations for the test were thorough, with favorable weather conditions, a

about 9 months ago
CMA CGM
Infrastructure

Marsa Maroc, CMA CGM finalize deal for the operation of Nador West Med terminal

Morocco’s port terminal management firm Marsa Maroc and CMA Terminals, a subsidiary of French container shipping and logistics giant CMA CGM Group, have moved forward to finalize an agreement for the operation of the Western Container Terminal at Nador West Med, a key strategic port on Morocco’s Med

about 9 months ago
Valaris 121 rig; Source: Valaris
Business & Finance

Shell, BP, Ithaca, GE Vernova book Valaris’ five rigs for oil & gas and offshore wind jobs

Bermuda-incorporated offshore drilling contractor Valaris has divested one mobile offshore drilling unit (MODU) from its fleet and found multimillion-dollar assignments for five rigs within the oil and gas and offshore wind realms.

about 9 months ago
NOIA sees Gulf Coast’s potential for global CCUS hub
Authorities & Government

NOIA depicts Gulf of America as anchor of US energy independence and maritime strength

A new report, published by the National Ocean Industries Association (NOIA), has painted the Gulf of America (Gulf of Mexico) as one of the world’s most valuable and dynamic offshore energy regions, spotlighting it as a critical engine of innovation, economic strength, and national security.

about 9 months ago
Halliburton shakes hands with Shell for umbilical-less tubing hanger installation
Business & Finance

Halliburton shakes hands with Shell for umbilical-less tubing hanger installation

U.S.-headquartered oilfield services player Halliburton has signed a framework agreement with UK-headquartered energy giant Shell for the provision of umbilical-less tubing hanger installation and retrieval services using its Remote Operated Control System (ROCS) technology. Halliburton describes RO

about 9 months ago
Borr Galar and Borr Njord; Photo credit: GPO Heavylift
Business Developments & Projects

Borr scores extensions for jackup trio working in Mexico

Bermuda-based offshore drilling contractor Borr Drilling has secured contract extensions for three premium jack-up rigs from its fleet operating in Mexican waters.

about 9 months ago
Singapore and China elevate cooperation on green shipping corridor
Business Developments & Projects

Singapore and China elevate cooperation on green shipping corridor

Singapore and China have agreed to collaborate on establishing a green and digital shipping corridor.

about 9 months ago
SunGreen and HydoTech ally to advance hydrogen production technology
Business Developments & Projects

SunGreen and HydoTech ally to advance hydrogen production technology

SunGreen and HydoTech have signed a memorandum of understanding (MoU) to integrate SunGreen’s proprietary nanoengineered electrodes into HydoTech’s alkaline electrolyzer systems.

about 9 months ago
Astro Offshore
Business & Finance

Dubai firm continues fleet expansion with vessel number 50

Dubai-based offshore vessel operator Astro Offshore, an Adani Group company, has welcomed a multipurpose support vessel (MPSV) to its fleet to enhance its offshore support and subsea capabilities. The 88-meter DP2 diesel electric MPSV Astro Achernar offers accommodation for 222 personnel and a 100-t

about 9 months ago
HADAG
Business Developments & Projects

HADAG orders all-electric ferry trio

Hamburg-based public transport company HADAG Seetouristik und Fährdienst AG (HADAG) has ordered three all-electric harbor ferries.

about 9 months ago
MV Stena Immaculate; Source: Stena Bulk
Business & Finance

Stena Bulk offloads 2017-built oil tanker seven months after North Sea allision

Swedish tanker shipping company Stena Bulk has found a buyer for its eight-year-old oil tanker, which caught fire because of a collision with a Portuguese container ship in the North Sea, north of England.

about 9 months ago
US underwater robots to undergo lake testing before returning offshore
Business & Finance

US underwater robots to undergo lake testing before returning offshore

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics is planning to carry out testing of two of its Aquanaut autonomous underwater vehicles (AUVs) at the Advanced Ocean Systems (AOS) lake facility in Florida throughout the fall and winter months. The first robot w

about 9 months ago
Alaska LNG
Business & Finance

$44 billion Alaska LNG project scores new offtake deal with Japanese player

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has boosted the commercial momentum of its Alaskan liquefied natural gas (LNG) export development through a deal with Japan’s energy utilities giant Tokyo Gas, representing the fifth agreement in seven months, totaling more than half of the proj

about 9 months ago
PLOTEC installs storm-resilient OTEC platform off Gran Canaria
Business Developments & Projects

Storm-resilient OTEC platform makes waves off Gran Canaria

The EU-funded PLOTEC consortium has completed the installation of its storm-resilient ocean energy platform, Don, off the coast of Gran Canaria, marking a key step in advancing ocean thermal energy conversion (OTEC) technology for continuous, clean power generation. Deployed at the Oceanic Platform

about 9 months ago
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