Nigeria’s oil and gas company Seplat Energy aims to drive transformation in Nigeria, partly by increasing offshore oil and gas production in 2025.
Tidal energy developer Normandie Hydroliennes’ NH1 tidal energy project has been awarded €31.3 million in funding from the European Union’s 2023 Innovation Fund. According to Normandie Hydroliennes, the grant will accelerate the deployment of one of France’s first commercial-scale tidal energy pilo
European Energy and TotalEnergies have started seabed surveys in the area surrounding the planned Jammerland Bugt offshore wind farm, located between Kerteminde on Funen and Kalundborg on Zealand, Denmark. The two companies launched three vessels to carry out seabed measurements, which will provide
Total insured losses resulting from the allision between a Portuguese-flagged containership and a US-flagged tanker in the North Sea are anticipated to range between $100 million and $300 million for all coverages, according to a Canada-based global credit ratings agency.
Two container vessels belonging to China’s state-owned giant COSCO Shipping Lines recently powered up with B24 marine biofuel oil at two separate ports, marking what was described as another step forward in embracing clean fuels in the wake of accelerating global environmental efforts. The two ships
Vast Renewables has secured up to A$180 million (approximately $113.3 million) of conditional funding from ARENA for the construction of its utility-scale clean energy project Vast Solar 1 (VS1), part of the Port Augusta Green Energy Hub, which also includes green methanol production facility Solar
Danish renewables developer European Energy has commissioned the first reactor and produced the first e-methanol at its Kassø Power-to-X facility, dubbed the world’s largest commercial e-methanol facility.
OMV Petrom has welcomed NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, as its new partner in an offshore block in Bulgaria’s part of the Black Sea ahead of the upcoming hydrocarbon exploration activities, which are anticipated to start at the block this year.
The Netherlands-based shipbuilder and designer Neptune Marine has commenced construction of a new cable maintenance vessel. The vessel named Altera will be 100 meters long and will be used for offshore cable maintenance work and offshore support services. According to Neptune Marine, it will be capa
Norwegian clean energy company Horisont Energi has secured a non-binding term sheet with a European energy group for ammonia sales from its Barents Blue clean ammonia plant in northern Norway.
The European Marine Energy Centre (EMEC) has appointed Matthew Finn as its new Managing Director. Finn will lead a reshaped executive team as the facility for demonstrating and testing wave and tidal energy converters advances its clean energy initiatives. EMEC’s leadership revamp also sees Mark Ham
Japan’s shipping company Kawasaki Kisen Kaisha (K Line) has decided to change the name of its London-based wholly-owned subsidiary K Line LNG Shipping (UK) Limited in a bid to strengthen its energy transition endeavors in Europe. According to the company, its British branch is set to go under the na
Vår Energi has confirmed the tow-out of a floating production, storage and offloading (FPSO) vessel from the Worley Rosenberg yard to a field in the North Sea off the coast of Norway.
A floating production, storage, and offloading (FPSO) unit owned by ExxonMobil Guyana, a subsidiary of U.S. oil major ExxonMobil, has received the first sustainability notation of its kind from the classification society American Bureau of Shipping (ABS).
