Japanese shipping player NYK and its partners have signed a memorandum of understanding (MoU) to develop an offshore floating data center powered by 100% renewable energy.
Highlands and Islands Enterprise (HIE) has taken full ownership of the Orkney Research and Innovation Campus (ORIC) in Stromness, Scotland, following the transfer of Orkney Islands Council’s (OIC) share in the joint venture (JV). According to HIE, the move comes as ORIC prepares for a second phase o
Italy’s engineering, drilling, and construction services company Saipem has secured two new offshore contracts in the Middle East and Guyana for a total amount of approximately $720 million. The first contract covers engineering, procurement, construction and installation (EPCI) activities for the r
Germany’s KfW IPEX-Bank has decided to finance the newbuilding program of Finnish shipping company Langh Ship by providing €35 million for two eco-friendly 1,200 TEU containerships.
The U.S. Department of Energy (DOE) has set its mind on freeing its liquefied natural gas (LNG) industry from the burden of regulatory barriers standing in the way of unleashing an LNG export boom by moving beyond the setback it perceives to stem from Biden-era policy requirements.
North America’s energy company Sempra has decided to sell one subsidiary and divest a minority stake in another one to simplify its portfolio and support the growth of its Texas and California utilities.
Japan’s Tsuneishi Shipbuilding has launched the country’s first tugboat equipped with a hydrogen-powered internal combustion engine.
BW Energy has cheered the stamp of approval for the extension of a license production phase to 2042 for its asset in the Espírito Santo Basin off the coast of Brazil.
Norwegian transportation company North Sea Container Line AS) together with partners Elkem ASA, and MPC Container Ships ASA (MPCC), have begun operating NCL Vestland, a new methanol dual-fuel containership, in Haugesund, Norway.
Serica Energy is bringing its multi-well drilling campaign and work-over program in the North Sea to an end, as a rig from COSL Drilling Europe has started drilling the final well in this campaign on the UK Continental Shelf (UKCS).
Marine classification society Lloyd’s Register (LR) has awarded Scotland-based renewable energy company Orbital Marine Power an International Electrotechnical Commission for Renewable Energy (IECRE) feasibility statement for its O2-X tidal energy converter (TEC). According to LR, the O2-X, an upgrad
The Maritime Battery Forum (MBF) and the Zero Emission Shipping Technology Association (ZESTAs) have signed a memorandum of understanding (MOU) to formalize their collaboration in advancing zero-emission shipping technologies.
Galveston LNG Bunker Port (GLBP) has executed the first sales and purchase agreement (SPA) for the supply of LNG of its proposed liquefaction project in Texas City Industrial Complex within Galveston Bay.
Switzerland-headquartered energy company MET Group has named a new leader for its liquefied natural gas (LNG) unit.
