The last weeks witnessed the major industry players joining forces for energy transition programs and decarbonising their operations and production. By working together, they will be able to achieve the climate goals faster, ensuring that energy transition mechanisms become more attainable and cheap
Swedish floating wind technology developer Hexicon, through a 50/50 joint venture with its partner in Italy, has submitted an application to the Italian authorities for a concession for an offshore area in the Strait of Sicily, where the joint venture plans to build a gigawatt-scale floating wind fa
Repsol has found good quality reservoir at its exploration well off Guyana but both targets are water-bearing.
Carnival Corporation, the world’s largest cruise company, is launching comprehensive technology upgrades across its global fleet to further improve energy savings and reduce fuel consumption. The upgrades called Service Power Packages include ongoing installations through 2023 on ships from the comp
Nauticus Robotics has entered into an agreement with oil major Shell to advance to the qualification phase for a more efficient means of acquiring subsea integrity data using the Aquanaut and Hydronaut robotic platforms. The collaboration is expected to enable Shell to add an advanced tool to its su
Borr Drilling has been awarded a new deal for one of its jack-up drilling rigs with an undisclosed operator in West Africa.
U.S. energy company New Fortress Energy (NFE) has signed a deal with compatriot hydrogen company Plug Power for a 120-megawatt industrial-scale green hydrogen plant near Beaumont, Texas.
Aker BP has received consent from Norway’s regulator to use one of Maersk Drilling’s rigs for well intervention work on a North sea field.
The latest updates on two deepwater oil projects in the U.S. Gulf of Mexico – operated by Shell and BP – both of which are, at this time, expected to come online by the end of the year.
Eiffage Génie Civil, together with ETMF, has installed the second export cable for the 448 MW Calvados offshore wind farm in France. The installation of the three-kilometre long export cable was done in collaboration with Antares Ingenierie, Ar Ganol, Logic Master, and Abeko Marine. The French trans
High-power fuel cell manufacturer HELION Hydrogen Power has obtained approval in principle (AiP) from the classification society Bureau Veritas (BV) for its FC-Rack Marine, a zero-emission hydrogen-powered electric generator for maritime applications. The approval is said to be the result of a close
UK’s NSTA says the decommissioning cost estimate on the UKCS has dropped 25 per cent to £44.5 billion (about $54.2 billion).
Eco Wave Power has officially started test runs of its newly installed EWP-EDF One wave energy pilot project at the Port of Jaffa in Tel Aviv, Israel.
U.S. LNG project developer Tellurian reports a 47 per cent increase in natural gas production for the second quarter of 2022.
