The Finnish technology group Wärtsilä has opened its new technology centre to contribute to efforts to advance the global decarbonisation of maritime and energy sectors. The Sustainable Technology Hub is located in Vaasa, Finland, and it features a fuel laboratory, flexible technology and engine tes
Classification society DNV has awarded the Norwegian technology provider HAV Group ASA preliminary approval for its hydrogen-based energy system for cruise ships.
Tullow Oil and Capricorn Energy have reached an agreement on the terms of a recommended all-share combination of Tullow and Capricorn.
Dutch sustainable shipping company EcoClipper has entered into a formal partnership with the UK-based sustainable cargo broker New Dawn Traders to facilitate the process of finding and organising cargo.
Nexans has held the foundation stone laying ceremony for the expansion of its subsea cable factory in Halden, Norway. The expansion also includes a new tower that will be built to supply cables for the offshore wind market. Once finished, the new tower will be about 150 meters tall and will be the t
Saipem has decided to sell its onshore drilling business to KCA Deutag for $550 million in cash plus an equity stake in the combined entity.
Offshore drilling contractor Vantage Drilling has completed the sale of its subsidiary holding three jack-up rigs to ADES.
Swedish-Israeli wave energy company Eco Wave Power has released its financial report for the first quarter of 2022, showing a wider net loss and a drop in revenues compared to the same period in 2021. Eco Wave Power reported an increased net loss of SEK 6.7 million ($720,000) for the first three mon
International Maritime Organisation (IMO)-Norway GreenVoyage2050 project, launched to support developing countries in reducing greenhouse gas (GHG) emissions from ships, has been extended to December 2023.
Offshore drilling contractor Aquadrill has secured two new contracts, which will see it reactivating two assets.
IOG is looking forward to doubling the output at its North Sea gas project, after restoring the production following modifications.
Santos has entered into new gas supply agreements with Yara to supply natural gas to Yara’s liquid ammonia plant in Western Australia.
Dry bulk shipping company Safe Bulkers has entered into an agreement for the acquisition of two energy-efficient Kamsarmax class vessels as part of its fleet renewal strategy. The company has ordered two 82,500 dwt dry bulk newbuilds from an undisclosed Chinese shipyard, scheduled for delivery withi
U.S.-based CSA Ocean Sciences has completed an Environmental Assessment Program (EAP) for a “major” offshore energy operator in Block 58 located some 115 kilometers offshore north Suriname. The EAP included an Environmental and Social Impact Assessment (ESIA) for a 3D seismic survey proposed in the
