Porpoise Power, a tidal energy spin-out from the University of Oxford, has exited stealth with a £1.2 million (approximately $1.58M) pre-seed round led by Zero Carbon Capital (ZCC), alongside Creator Fund and Oxford Science Enterprises (OSE). According to ZCC, the UK startup is developing a bio-ins
SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has bid welcome to its new FPSO vessel destined for ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.
A joint development agreement (JDA) has been signed to establish the “world’s first” liquid hydrogen corridor, connecting Oman, the Netherlands and Germany.
The first offshore platform for the integrated production of green hydrogen, ammonia, and methanol has been constructed in Yantai, China, and is set to commence the trial operation, state-owned energy enterprise China Energy Investment Corporation revealed.
Woodside Energy is engaged in discussions with Germany’s Uniper regarding potential liquefied natural gas (LNG) supply deal.
Venture Global has celebrated the start of commercial operations at its LNG export project in Cameron Parish, Louisiana, south of Lake Charles, United States. Portugal’s oil and gas company Galp has confirmed its first LNG cargo from this project.
Construction of the first two hulls in the Panamax very large gas carrier (VLGC) newbuilding series, owned by Norwegian shipping company Solvang, has begun in Korea.
Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has purchased four work-class remotely operated vehicles (WROVs) from Norway’s Argus Remote Systems. The company’s wholly owned subsidiary Mermaid Subsea Services (Thailand) (MSST) on Decembe
The first 22,000 cubic meter (cbm) liquefied CO2 (LCO2) carrier, dubbed the “world’s largest” and ordered by Greek shipping company Capital Clean Energy Carriers, has been launched in South Korea.
French shipping colossal CMA CGM has rung the welcome bell to the first unit in a series of four 24,000 TEUs container vessels powered by liquefied natural gas (LNG) that the company booked at China’s Hudong-Zhonghua Shipbuilding. Per France’s classification society Bureau Veritas (BV), the CMA CGM
Spain-based company Abervian has entered into a strategic collaboration with compatriot engineering consultancy supporting the marine energy sector BlueNewables to support the development of a 1 MW floating solar platform, scheduled for installation in the Port of Valencia, Spain in 2026. The projec
Petrobras has disclosed the arrival of a jack-up rig, owned by Borr Drilling, a UK-headquartered offshore drilling contractor, in Brazilian waters, where it will undertake well decommissioning activities at oil and gas assets off the coast of Brazil.
Keyfield International, a Malaysian provider of offshore accommodation vessels to the oil & gas industry, is making its way into the cable laying business with the acquisition of a 98-meter-long cable laying barge. Keyfield Ventures (Labuan) Limited (KVL), a newly incorporated 100%-owned subsidiary
Looking to accelerate the shift to alternative marine fuels, UAE-based port operator AD Ports Group has hosted its inaugural ship-to-ship LNG bunkering operation at its flagship deep-water Khalifa Port.
