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$1.25 billion contract win for Subsea7 with Brazil's state-owned oil & gas giant
Business & Finance

Subsea7 wins contract worth over $1.25 billion with Brazil’s oil & gas giant

Subsea7 has secured a contract worth over $1.25 billion with Brazil’s state-owned oil and gas giant Petrobras for a field located at 2,000 meters of water depth offshore Brazil. Under the contract defined as “super-major”, Subsea7 will perform engineering, procurement, fabrication, installation, and

about 2 years ago
Wavepiston tops capital raise target, extends crowdfunding for further investments
Business & Finance

Wavepiston tops capital raise target, extends crowdfunding for further investments

Danish company Wavepiston has reached and even surpassed the €600,003 target as a part of the capital raise for its wave energy technology.

about 2 years ago
TECO 2030’s fuel cell system achieves full power output by using hydrogen
Business Developments & Projects

TECO 2030’s fuel cell system achieves full power output by using hydrogen

TECO 2030 has reached stable and maximum power output of zero-emission hydrogen-electric power with its fuel cell system.

about 2 years ago
Rendering of Woodfibre LNG project; Source: Woodfibre LNG
Business & Finance

Bankrolling fossil fuels: 60 giant banks pick up the $7 trillion tab for coal, oil & gas

Report: Over 60 international banks have been keeping the fossil fuel players in business by footing the bill for their further expansion rather than cutting off the purse strings.

about 2 years ago
CLdN/
Collaboration

CLdN becomes member of Maritime Battery Forum

Luxembourg-based shipping group CLdN has joined the Maritime Battery Forum, a global community of maritime battery enablers.

about 2 years ago
FPSO Liza Destiny working offshore Guyana; Source: Hess Corporation
Business & Finance

Hess shareholders back merger with Chevron despite arbitration over Guyana assets

Hess has secured the required approval from its shareholders for its proposed merger with Chevron, a compatriot energy giant.

about 2 years ago
New study unveils ways to boost hydrogen solutions in US
Authorities & Government

New study unveils ways to boost hydrogen solutions in US

A committee, established by the National Petroleum Council (NPC) and chaired by Mike Wirth, Chevron’s Chairman and CEO, has released a more than 1,200-page report, which recommends ways to boost hydrogen solutions in the U.S.

about 2 years ago
CO2 injection test on schedule at license encompassing ‘UK’s largest depleted gas field’
Business & Finance

CO2 injection test on schedule at license encompassing ‘UK’s largest depleted gas field’

Preparations are currently underway for a CO2 injection test at a carbon capture and storage (CCS) license in the North Sea that encompasses the “UK’s largest depleted gas field”. Perenco UK and Carbon Catalyst Limited secured a license to progress their Poseidon CCS project at the Leman gas fields

about 2 years ago
Noble Resilient jack-up rig; Source: Noble Corporation
Business & Finance

Noble rig finds more work in UK waters

Noble Corporation has landed a new assignment for one of its harsh environment jack-up rigs with Harbour Energy.

about 2 years ago
Hyundai Glovis
Infrastructure

Hyundai Glovis orders six dual-fuel LNG car carriers in China

South Korean logistics company Hyundai Glovis, part of the Hyundai Motor Group, has ordered six 10,800 CEU LNG dual-fuel pure car and truck carriers (PCTCs) in China.

about 2 years ago
Second order lands on Huisman's desk for new subsea crane
Business Developments & Projects

Second order lands on Huisman’s desk for new subsea crane

Huisman has secured a contract with a company that is part of a Malaysia-based integrated oil & gas services and energy infrastructure solutions provider for the delivery of a deepwater knuckle boom crane. Huisman recently introduced its optimized knuckle boom crane series, designed specifically for

about 2 years ago
Tripartite partnership to explore design of zero-emission ferry
Collaboration

Tripartite partnership to explore design of zero-emission ferry

French ferry operator Brittany Ferries, Finnish technology company Wärtsilä and Australian manufacturer of high-speed catamaran ferries Incat Tasmania have signed a partnership deal to explore design and technical requirements for a 137-meter zero-emissions craft.

about 2 years ago
Illustration; Source: Vår Energi
Business Developments & Projects

Vår Energi shifts methane reduction efforts into higher gear as it comes aboard UN-led program

Vår Energi has joined an initiative led by the United Nations Environment Programme to improve the accuracy of methane emissions reporting.

about 2 years ago
group of student winners from the University of New Hampshire standing next to each other
Business Developments & Projects

US DOE unveils winners for 2024 Marine Energy Collegiate Competition

After opening the applications on March 26, 2024, and closing them on May 6, 2024, out of the teams that registered, 17 of the teams were picked as contesting teams.

about 2 years ago
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