UK’s regulator North Sea Transition Authority (NSTA) has fined EnQuest, Equinor, and Spirit Energy a total of £265,000 or $322,437.
Norway’s cleantech company TECO 2030 has received its first future funnel purchase order, valued at NOK 5.5 million (€0.5 million), from an undisclosed European shipowner. The estimated delivery of the future funnel, TECO 2030 Model 8, is at the end of Q1, the beginning of Q2 2023, and TECO 2030’s t
Eco (Atlantic) Oil & Gas has secured all the required approvals for the acquisition of an additional interest in a block off South Africa.
The European Union has launched a funding call under its Horizon Europe program, looking for tidal energy farm demonstration projects, as it aims to improve market confidence and sustainability of tidal energy technology.
Offshore energy industries, which up until recently had little in common, are becoming increasingly intertwined as governments and private sectors step up their game for a more integrated and sustainable energy mix of the future.
Hellenic Cables, the cables segment of Cenergy Holdings, has been hired by the Greek Independent Power Transmission Operator (IPTO) to deliver the electrical interconnection between Ionian islands of Kyllini and Zakynthos.
Aker BP has submitted a PIO and ten PDOs for oil and gas projects to the Norwegian Ministry of Petroleum and Energy.
Danish green hydrogen provider Everfuel has announced the production of the first hydrogen at Europe’s largest electrolyser, a 20 MW HySynergy facility in Fredericia, Denmark. According to Everfuel, the hydrogen was produced from the first set of electrolyser stacks as part of the planned start-up a
The IMO failed to adopt a concrete shipping decarbonisation target for shipping this week following the Marine Environment Protection Committee (MEPC 79) meeting that ended earlier today. The support from the member countries for eliminating the industry’s emissions by 2050 and for setting interim t
Rotech Subsea has successfully carried out the cable cut and recovery operation at an offshore wind farm in Denmark.
Valaris has been awarded new contracts for a drillship and three jack-up rigs and contract extensions for three more rigs.
South Korean shipping major HMM is preparing an order for new containerships powered by alternative fuels as part of its future growth strategy. The strategy was announced in July this year with HMM assigning $11.3 billion for future investments, including expansion of its eco-friendly ships from th
Car carrier newbuild ordering has increased significantly in 2021 and 2022 on record markets and the resumption of owners’ fleet renewal programmes, including efforts to support manufacturers to become ‘green through the supply chain’. The market recovery is primarily driven by post-covid car trade
Canada Energy Regulator (CER) has granted a 40-year export license to Ksi Lisims liquefied natural gas (LNG), a project proposed by the Nisga’a Nation, Rockies LNG and Western LNG. Ksi Lisims LNG (meaning ‘from the Nass River’ in the Nisga’a language) is a proposed 12-million-tonne-per-year natural
