Ocean Energy Europe has welcomed the political initiative for raising renewable energy share target in the revised EU Renewable Energy Directive (RED III) to 45% that would also include more diverse energy sources.
Moody’s has placed ratings of Wintershall Dea on review for downgrade, reflecting downside credit risks stemming from the potential for more severe sanctions against Russian businesses to affect the company’s operations.
Norwegian technology company Kongsberg Maritime (KM) has been commissioned to supply a complete propulsion and control system package for a forthcoming Scandlines zero-emissions vessel.
EODEX and PanGeo Subsea, a Kraken Robotics company, have set up a partnership to collaborate on unexploded ordinance (UXO) detection and disposal services. The two parties joined forces on several UXO survey projects over the past year and, as they state, this recent more-defined collaboration suppo
Daewoo Shipbuilding & Marine Engineering (DSME) has ordered tank design for a new LNG carrier from French LNG containment specialist GTT.
Carnarvon Energy is working to secure financing for the Santos-operated Dorado project off Australia ahead of the FID for the project.
TerraSond, Acteon’s geo-services provider, has been confirmed as a preferred supplier for the subsea balance of plant inspection and survey services for the Vineyard Wind 1, said to be the first major commercial-scale offshore wind farm in the U.S. waters.
Classification society Bureau Veritas (BV) has awarded approval in principle (AiP) to InfraCore Company for its design, modelling, production and testing of a full glass fibre-reinforced polymer (GFRP) rudder flap for an 18,500 TEU containership.
Greek cable manufacturer Hellenic Cables has submitted its near and long-term net-zero targets to the Science Based Targets initiative (SBTi), aiming to halve its scope 1 and 2 emissions by 2030 and cut scope 3 emissions by 25% within the same timeframe. Hellenic Cables has committed to a 50% reduct
Bilfinger UK has expanded its presence in the North East with the opening of a new fabrication facility, spurring further headcount increase.
Norwegian survey services provider Magseis Fairfield has entered into an agreement with compatriot Carbon Transition to acquire its proprietary node-on-a-rope business.
Energy Information Administration (EIA) weekly report shows that LNG exports from the U.S. climbed this week by six vessels, followed by Henry Hub prices.
Boskalis completed the second phase of the Busaiteen project in Bahrain recently. The work involved the construction of a large sand causeway for a five-kilometer-long, six-lane motorway. In the first phase (2018 and 2019), the Papendrecht based giant had already constructed a three-kilometer-long e
QatarEnergy has signed a cooperation agreement with Namibia’s NAMCOR to support and develop a sustainable oil and gas sector in Namibia.
