
UK-headquartered energy technology provider TechnipFMC has signed a memorandum of understanding (MoU) with the University of Namibia (UNAM) to co-develop specialized courses in subsea engineering and project management. According to TechnipFMC, the specialized courses are a part of the company’s bro

Australia-headquartered exploration and production company Grand Gulf Energy has entered into a binding option agreement to acquire Wrangel, an applicant for a working interest in a petroleum exploration license (PEL) in the Walvis Basin, offshore Namibia.

The French Prime Minister (PM) has officially confirmed, by signature, a €149 million grant for Lhyfe’s future green hydrogen production plant located near the Grand Canal of Le Havre, one of Europe’s largest industrial port areas.

In a race to reach zero emissions by 2030, the Port of Los Angeles, dubbed the busiest port in the U.S., is poised to get an electric tugboat, which could deliver operators up to 50% savings compared to diesel vessels.

UK provider of remotely deployed subsea inspections, TSC Subsea, has secured a multi-year contract in Brazil for subsea phased array (SPA) inspection of circumferential welds on rigid subsea pipelines, covering both flowline and riser sections at depths of up to 3,000 meters. According to TSC Subsea

South Korea’s Hanwha Ocean has won approval in principle (AIP) from the classification society American Bureau of Shipping (ABS) for its advanced hull monitoring system.

The UK-based marine technology consultant Cape Horn Engineering has delivered what it described as one of the most accurate and computationally efficient results in a blind tidal turbine validation study, part of a benchmarking initiative funded by the UK’s Engineering and Physical Sciences Research

Italy’s engineering, drilling, and construction services giant Saipem has renewed its long-term agreement (LTA) with Aramco, Saudi Arabia’s energy heavyweight.

U.S.-based ammonia-to-power solutions provider Amogy has partnered with Japanese engineering company JGC to advance large-scale ammonia cracking technology for low-carbon hydrogen production.

Dutch geo-data solutions provider Fugro has joined the Methanol Institute (MI), a global trade association for the methanol industry, in line with transitioning its fleet of geotechnical and geophysical vessels to low-carbon fuels.

UK-based classification society Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with the Hydrogen Ship Technology Center at Pusan National University (PNU) in Korea to advance liquefied hydrogen carrier technology and cryogenic engineering.

The Netherlands-based Ballast Nedam and Hakkers Waterbouw have been selected to build a sea jetty as part of an LNG terminal in Brunsbüttel.

Japanese major Mitsui & Co. has invested in Infinium Holdings, a U.S.-based provider of gas conversion solutions and developer of e-fuels technology and projects.

Ocean energy continued to advance towards commercialization in 2024, with new data from Ocean Energy Europe (OEE), a network of ocean energy professionals, showing growth across tidal and wave technology pipelines. According to OEE, the pipeline of pre-commercial tidal energy projects expanded furth