Swedish company CorPower Ocean’s wave energy initiative in Portugal has gained backing from the European Investment Bank (EIB), which views the project as an “innovative solution that could revolutionize the renewable energy landscape.” According to CorPower Ocean, the EIB is providing the company w
Australian Provaris Energy has been making progress in developing hydrogen supply chains and advancing the company’s proprietary hydrogen carrier.
UAE’s Subsea Cable Assets (SCA) has begun the production of cable carousels destined for Sumitomo Electric’s cable factory in Scotland. The Dubai-based EPIC contractor SCA has appointed the Dutch Enersea to design six cable carousels and loading towers for the Japanese end customer. The carousels ar
As bad weather interfered with its plans, delaying the production from remaining fields, TotalEnergies has amended its timeline for the full production capacity from all fields at its natural gas redevelopment project in the Danish sector of the North Sea.
The U.S. government has published a new action plan to steer its maritime sector toward a sustainable future.
Japanese shipping major Nippon Yusen Kabushiki Kaisha (NYK) and compatriot energy titan ENEOS have signed an agreement for the sale and purchase of marine fuel with carbon dioxide (CO2) removal credits (CDR credits) created via direct air capture with carbon storage (DACCS). DACCS is one of the nega
Carnegie Clean Energy’s subsidiary, CETO Wave Energy Ireland (CWEI), has secured a milestone payment of €203,437 under the EuropeWave Phase 3 contract. According to Carnegie, the funding recognizes the completion of design reports for the company’s CETO wave energy converter (WEC), marking an impor
Aberdeen-headquartered Mermaid Subsea Services (UK) has plugged and abandoned (P&A) 30 wells in the UK North Sea during 2024, claiming that this is the highest number of vessel-based well decommissioning operations ever completed in a single year within the region. The work was carried out using the
SBM Offshore has divested another floating production, storage, and offloading (FPSO) unit, which is working off the coast of Guyana, enabling ExxonMobil to take possession of the third FPSO deployed at the Stabroek block.
Artemis, a new sailing cargo ship owned by TransOceanic Wind Transport (TOWT), has reached its home port of Le Havre, France, the French sailing freight transport company shared in an update on social media.
Nexans has secured a contract with Swedish transmission system operator (TSO) Svenska kraftnät to deliver subsea and onshore cables for an electricity connection project that will strengthen the electricity supply between the island of Gotland and mainland Sweden. As part of the contract described a
OKEA and DNO have made arrangements to exchange partial stakes in two prospects off the coast of Norway, which are slated to be drilled with Odfjell Drilling and Transocean semi-submersible rigs.
Swiss marine power company WinGD has run the first commercial engine at full load on more than 95% methanol fuel, reaching a milestone in realizing its X-DF-M engine design.
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) has delivered a newly built liquefied natural gas (LNG) carrier to France’s EDF LNG Shipping, a subsidiary of Electricité de France (EDF).
