Paris-headquartered cable systems designer and manufacturer Nexans has reported a record adjusted backlog of €6.7 billion for its Generation & Transmission segment, a 10.2% increase compared to December 2023, said to be mainly subsea-driven. In its financial results for the first quarter of 2024, Ne
Heritage Petroleum Company Limited (Heritage) has brought on stream a new oil well off the coast of Trinidad and Tobago.
The government of the Canadian province of Alberta has announced $57 million in innovation funding for 28 projects to boost hydrogen industry.
The Science Based Targets initiative (SBTi) has approved Fugro’s near- and long-term science-based emissions reduction targets. Fugro’s net-zero target spans all three emission scopes, with the ultimate goal of achieving net-zero greenhouse gas (GHG) emissions across the value chain by 2050. “This v
Switzerland-based technology company ABB has been selected by Maine Department of Transportation (MaineDOT) to supply a comprehensive grid-to-propeller solution for the new double-ended, hybrid-electric ferry that will provide essential services between the town of Lincolnville and the island commun
A newbuild ultra-deepwater drillship, acquired by Eldorado Drilling, has arrived in Malaysia, where it will stay until it secures its maiden drilling job.
Texas LNG has signed a second heads of agreement (HOA) with Pittsburgh-based EQT Corporation for natural gas liquefaction services.
Australian manufacturer of high-speed catamaran ferries Incat Tasmania has partnered with Danish ferry and logistics company DFDS to complete a design study for the construction of a new electric-hybrid ferry.
Plagazi has revealed that the European Investment Bank (EIB) will provide financial advisory for the Köping Hydrogen Park in Sweden.
Norway’s Kongsberg Discovery has completed factory acceptance testing for the first production system of its long-range autonomous underwater vehicle (AUV) HUGIN Endurance. Sea trials for the first production unit began in September 2023, and over the last months, the Kongsberg Discovery Uncrewed Pl
A conflict-turned opportunity is what many are calling the potential blockage of Hormuz. It is a delicate dance between investor opportunity and world crisis for the second time in two years.
Maersk Training, part of Danish shipping giant A.P. Moller-Maersk, and compatriot Green Marine, a pioneer in methanol-powered maritime solutions, have entered into a strategic partnership to establish Maersk Training powered by Green Marine.
Japanese shipbuilder Fukuoka Shipbuilding has launched the third in a series of four stainless steel chemical tankers powered by liquefied natural gas (LNG) for US-based shipowner Fairfield Chemical Carriers.
Hanwha Ocean, Hanwha Aerospace and Amogy have entered a partnership to accelerate the decarbonization of the maritime industry through the deployment of ammonia technology.
