KCA Deutag has been appointed to carry out an energy optimisation project for Equinor on two Cat J rigs in the Norwegian North Sea.
US-based marine energy company Ocean Power Technologies (OPT) has released financial results for the third quarter of 2022, showing a wider net loss, but also a rise in revenues, when compared to a year before.
Coastal Sustainability Alliance (CSA) has been launched in Singapore by Kuok Singapore Limited (KSL) Maritime Group to accelerate decarbonisation, transition to a circular economy and strengthen marine supply chains.
Norwegian oil and gas player Equinor has now also decided to stop trading in Russian oil and oil products.
Norway-based LPG shipping company Avance Gas has informed that the current CEO and the current chairman of the board have both decided to step down from their positions.
Norway-based subsea and marine services provider DOF Subsea has secured contract extensions with compatriot Equinor and UK’s Shell for three of its vessels. Equinor Energy has exercised options to extend the firm periods of the contracts for platform supply vessel (PSV) Skandi Mongstad for three yea
Denmark has launched a €161 million subsidy scheme to support the Power-to-X projects towards the goal of reaching between 4 and 6 GW of electrolysis capacity by 2030. The Danish government launched the strategy for the development of the Power-to-X-technology and capacity in December 2021. The stra
China Petroleum & Chemical Corporation (Sinopec) says it started the construction of the world’s largest LNG storage tank.
Taiwan’s Environmental Protection Agency (EPA) has started reviewing Environmental Impact Assessments (EIAs) for nine offshore wind projects totaling 9.1 GW in capacity, with more than half of the nine projects led by European developers. EPA is holding preliminary EIA review meetings for the projec
Eco Wave Power has visited several sites in New Jersey as it advances its efforts to bring wave energy to this northeastern US state.
After securing new deals, Island Offshore, a Norwegian offshore vessel owner, now has all 25 vessels in its fleet under contract.
Japanese shipping firm NYK Line and its group companies MTI and Japan Maritime Science have received approval in principle (AiP) from classification societies ClassNK and Bureau Veritas (BV) for a fully autonomous ship framework for the first time in the country.
Danish shipping and logistics giant Maersk has joined The Climate Pledge, a cross-sector community of companies and organizations that have committed to decarbonizing their businesses.
The government of Japan has approved the development of a megawatt-scale tidal energy project offshore Goto Islands as part of the country’s drive to decarbonize its energy system by using innovative offshore renewable energy technologies.
