Offshore drilling contractor Borr Drilling has sold one of its warm-stacked jack-up rigs for a price tag of $120 million.
A semi-submersible drilling rig considered to be the largest of its type in the world is heading to the UK for its upcoming job in the North Sea.
Offshore wind capacity could grow 56-fold until 2050, driven by a growing need for decarbonisation and energy security, and decreasing costs. Regarding the latter, bottom-fixed and floating offshore wind levelised costs of energy (LCoE) are forecast to drop by 39 per cent and 84 per cent, respective
The shipping industry cannot take decisions in isolation anymore and must understand the true impact of decision-making, according to ZeroNorth, a Denmark-based digital company that aims to accelerate maritime decarbonisation.
Two projects by Italian multinational corporations Enel Green Power and Eni for the development of green hydrogen through electrolyzers fueled by renewable energy will receive public funding approved under European Union’s (EU) IPCEI Hy2Use.
Marine Offshore Renewable Energy Lab (MOREnergy) from Politecnico di Torino has launched its new open access web platform, featuring wind and wave energy data for offshore renewable energy projects in Europe.
Equinor’s new platform in Brazil, Peregrino C, produced its first oil on 10 October. This is Equinor’s largest operated field outside Norway.
Dutch supplier of low and zero-carbon fuels Titan has revealed that it is planning to build a liquified biomethane (LBM, also known as bio-LNG) production plant at the Port of Amsterdam which is set to be the largest bio-LNG plant in the world.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) has partnered with CB&I, a unit of U.S. energy engineering and construction solutions provider McDermott, to develop technologies for a large liquid hydrogen carrier.
Subsea Innovation, part of Tekmar Group, has delivered 29 Pipe-in-Pipe (PIP) Waterstops to TechnipFMC for a subsea development project in the Gulf of Mexico. According to Subsea Innovation, the solution was delivered to a demanding client schedule, achieved by working closely with the supply chain a
The heightened focus on energy security and the rising cost of energy is reinforcing the difference in decarbonization speed between Europe and the rest of the world, according to the sixth edition of DNV’s Energy Transition Outlook.
Norwegian shipping company Knutsen has taken delivery of another liquified natural gas (LNG) carrier from South Korean company Hyundai Samho Heavy Industries (HSHI) shipyard.
US-based technology firm Nautilus Labs has teamed up with global provider of maritime software and data products OrbitMI to accelerate digital transformation in the maritime industry.
Russia is considering building extra subsea natural gas pipelines to Türkiye to redirect the flows on the idled Nord Stream pipelines, Bloomberg reported Russian President Vladimir Putin as saying at the Russian Energy Week forum in Moscow. According to Bloomberg, Putin stated that Russia could tran
