Ten months into 2024, shipyards’ deliveries of containerships have reached a new annual record, according to the shipping association BIMCO.
Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) is carrying out a data reprocessing program at a shallow water exploration block off the coast of Uruguay, expected to back a formal farm-out process anticipated to commence in mid-2025. A program of reprocessing work is unde
Offshore hydrogen production technology company HydePoint has formed a strategic partnership with Norwegian Hydrogen to accelerate the development of mid-size dockside and near-shore green hydrogen projects. The collaboration centers around the development of 10-40 MW dockside and near-shore green h
French offshore solar start-up HelioRec has teamed up with compatriot company deepmath solutions to address the engineering demands of floating solar in marine environments. The partnership is said to combine deepmath’s expertise in modeling with HelioRec’s advancements in offshore solar to create r
The Danish Energy Agency (DEA) has cleared the transfer of ownership shares in two oil and gas licenses in the Danish sector of the North Sea.
To springboard the use of hydrogen in the Norwegian maritime industry, Enova has awarded over NOK 777 million ($70.92 million) to five hydrogen production projects.
Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, has placed an order with Chinese shipyard Cosco Shipping for two next-generation offshore energy support vessels (OESVs) that will be methanol-ready. Bernt Omdal, CEO of Sea1, said that the investment is part of the company’s
At the end of October this year, Germany-based propulsion system manufacturer Schottel bagged a new order to supply azimuth thrusters for four new environmentally friendly tugs for the U.S.-based Saltchuk Marine. As disclosed, the vessels will be 25.6 meters long, and 12.8 meters wide, with a draugh
Australia’s wave energy developer Carnegie Clean Energy has extended collaboration with Hewlett Packard Enterprise (HPE) by two years, focusing on integrating advanced artificial intelligence (AI) and high-performance computing into the company’s CETO wave energy technology. According to Carnegie Cl
The new cable extrusion tower that Denmark’s power cable manufacturer and installation company NKT is building at its power cable factory in Karlskrona, Sweden, has reached its full height of 200 meters, becoming the second tallest tower in the Nordics. This third extrusion tower at the Karlskrona f
Chinese shipping company COSCO Shipping Lines has ordered six scrubber-fitted 13,600 TEU containerships at compatriot Hudong-Zhonghua Shipbuilding.
The World Shipping Council (WSC), the voice of liner shipping, said that the designated European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, will have a key role in securing supply chains and decarbonizing the shipping sector. In a media release issued on November 5,
The partners behind two exploration blocks in shallow waters offshore Gabon have signed production sharing contracts (PSCs) with the country’s Petroleum Minister and Minister of Economy.
UK-headquartered energy giant Shell has paused certain drilling operations and began transferring non-essential personnel to shore from its Gulf of Mexico assets amid disturbance likely to become a hurricane. Shell reported on Monday, November 4, that it had started transferring non-essential person
