Japanese shipbuilder Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and compatriot shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) have been granted approval in principle from classification society ClassNK for joint development of CO2 transport technology for
Turkey’s latest drillship, bought last year from a South Korean shipyard, is set to join three other drillships as the country is working to develop its gas resources amid a growing need for the security of supply.
Swedish company Ocean Harvesting Technologies is raising €3 million in equity investment to finance the sea trials of its scale IninityWEC wave energy device.
Norwegian Equinor and its compatriot Aibel have entered into a 10-year agreement to ensure a close and long-term strategic collaboration.
Optimal Group has bought land in Westbury, Tasmania for the first bioLNG production facility in Australia.
American Shipping Company has acquired a new OCV and signed a long-term bareboat contract for this vessel with Solstad Offshore.
Norwegian floating solar company Ocean Sun has recorded a wider net loss in the first quarter of 2022, when compared to the same period a year earlier, with a slight increase in revenues.
Inpex has submitted an environment plan to the country’s regulator for exploration drilling in Commonwealth waters, offshore Australia.
Chevron and Pertamina have partnered up to explore lower carbon business opportunities, including CCUS)and hydrogen.
Seismic processing specialist RockWave has completed reprocessing of multiple seismic datasets on behalf of Ørsted and PGE Baltica for Baltica 2 and Baltica 3 offshore wind farms.
The UK regulator has awarded two carbon storage licences in the North Sea – to store up to 23 Mtpa of CO2 by 2038 – to BP and Equinor.
Global Ship Lease (GSL), a London-based containership owner Global Ship Lease (GSL) and Golar LNG, a UK-based owner and operator of marine-based LNG midstream infrastructure, have invested in a carbon capture initiative led by Aqualung Carbon Capture AS.
Norwegian state-controlled oil and gas giant Equinor is now facing more challenges related to the development of its controversial Bay du Nord offshore oil project located in Canada despite recent approval by the government.
Robert Gordon University and the University of Strathclyde have signed a five-year Memorandum of Agreement (MOA) to collaborate in research and technology development at the National Subsea Centre (NSC). NSC is a centre of excellence for subsea research and technology development and is delivered th
