UK-based tidal energy project developer SBS has completed the feasibility study for a planned megawatt-scale tidal energy project in the Larantuka Strait in Indonesia.
Norwegian RoRo shipping company Höegh Autoliners has exercised the option for the construction of additional four new multi-fuel and zero-carbon ready Aurora-class vessels, extending the newbuilding program to eight vessels. The four pure and truck carriers (PCTCs) will be built by China Merchants H
The Japan Atomic Energy Agency (JAEA) and Mitsubishi Heavy Industries (MHI) have started a demonstration program for hydrogen production using a high-temperature engineering test reactor for CO2 neutrality.
Shell and TotalEnergies have paid for an increased stake in the Petrobras-operated Atapu field located offshore Brazil.
TechnipFMC has reported $1.9 billion of inbound subsea orders in the first quarter of 2022, an increase of 83% when compared to the fourth quarter of 2021, resulting in a book-to-bill of 1.5. For the Subsea segment, TechnipFMC reported revenue of $1,289.1 million, a 4.3% increase from the fourth qua
TotalEnergies will no longer book proved reserves for the Arctic LNG 2 and will book a $4.1 billion impairment charge on Novatek’s project.
Japanese classification society ClassNK has issued an approval in principle (AiP) for a large liquefied hydrogen carrier (LH2 carrier) developed by local shipbuilder Kawasaki Heavy Industries.
Bureau Veritas, Vinssen and EcoLab launch a pilot project to develop hydrogen-fuelled vessels in Singapore.
Offshore rig owner Valaris has sold two jack-up rigs to a subsidiary of the UAE-based operator ADES International Holding.
Oil and gas company Neptune Energy has confirmed an oil and gas discovery at its Hamlet exploration wells in the North Sea off Norway.
MOL Group has teamed up with Plug Power to build one of Europe’s largest-capacity green hydrogen production facilities in Hungary.
Saipem has selected GE Power Conversion to supply an electrical module for an FPSO, which will be deployed on Petrobras’ field off Brazil.
Activists in Germany turned off crude oil pipelines at five locations, calling the government to stop new fossil fuels projects.
ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block.
