Woodside has set a new target to invest $5 billion in emerging new energy markets by 2030 as part of its strategy to “thrive through the energy transition.”
SIMEC Atlantis Energy is preparing to start with the assembly and testing phase of its novel variable pitch system for tidal energy turbines, developed as part of a collaborative EU-backed project.
US ship owner and operator Crowley has contracted German propulsion manufacturer Schottel to supply a propulsion system for its first all-electric harbor tug eWolf.
UK company Spirit Energy has entered into agreements to divest its Norwegian business, including the Statfjord UK field for $1.076 million.
Solstad has inked two long-term contracts for one of its AHTS vessels and a PSV to support Santos’ drilling operations offshore Australia.
French classification society Bureau Veritas (BV) has delivered an approval in principle (AiP) to compatriot shipping company Zéphyr & Borée for its first open-top 1,800 TEU containership, demonstrating the feasibility of using wind-propelled wing-sails on this type of vessel.
Reach Subsea has entered into an agreement with Equinor Ventures to acquire OCTIO, a provider of geophysical monitoring solutions for hydrocarbon producing fields and CO2 storage reservoirs.
Japanese energy giant JERA will buy a 12.5 per cent stake in the Barossa gas field, thus participating in the Darwin LNG project in Australia.
China’s shipping company COSCO Shipping Energy Transportation Co. has ordered three liquefied natural gas (LNG) carriers from compatriot Hudong-Zhonghua Shipbuilding and China Shipbuilding Trading.
TMC Compressors has been contracted to supply a large marine compressed air system for Petrobras’s Mero 3 FPSO.
Major Japanese shipbuilding, marine engineering, and service company, Imabari Shipbuilding, has entered into a capital and business alliance with the compatriot startup, PowerX, to jointly develop a prototype automated Power Transfer Vessel. The Power Transfer Vessel, Power ARK 100, is a 100 TEU tri
Baron Oil’s Timor-Leste subsidiary SundaGas Banda Unipessoal has received interim products from the seismic reprocessing of 1,270 km2 of 3D seismic data along the trend of the Chuditch-1 gas discovery.
Norwegian/Swedish shipping and logistics company Wallenius Wilhelmsen has named MV Nabucoo, the final in a series of four HERO large car and truck carriers (LCTCs).
Danish shipping company Norden has decided to provide transparency on carbon emissions pre- and post-voyage as the first step in the company’s strategy to bring down emissions in the supply chain.
