Neptune Energy has set a new target to store more CO2 than is emitted from its operations and the use of its sold products by 2030.
Another 30-year concession request has been submitted to one of the local authorities under the Italian Ministry of Infrastructure and Transport for a floating wind farm in the Mediterranean Sea.
Oil prices touched a peak of $113 per barrel and eased to $111 on Wednesday amid fears about the impact of Russia’s attack on Ukraine and the resulting sanctions.
Several container shipping majors have temporarily suspended bookings to and from Russia amid the Russian military attack on Ukraine.
Eco Wave Power has outlined plans to relocate its wave energy power plant from Gibraltar to AltaSea’s premises in the Port of Los Angeles.
Norwegian offshore vessel owner Eidesvik Offshore has won a contract by PXGEO UK for Subsea Viking under the master time charter agreement. The contract will commence ultimo April in direct continuation of the existing standby contract. The firm period is for 100 days with options for extensions. In
Aibel has completed the construction of the second P2 processing platform for the Equinor-operated Johan Sverdrup project located off Norway.
The Finnish technology group Wärtsilä has been hired to provide technical management for a broad scope of solutions installed on Viking Line’s new climate-smart ship Viking Glory.
Following the footsteps of the European giants, U.S. major ExxonMobil is also looking to exit its position from a project in Russia.
Waterotor International Corp, a Canada-based hydrokinetic energy company, has unveiled a 20MW hybrid offshore renewable energy system that can simultaneously extract power from slow moving water and wind.
Spanish energy company Repsol and compatriot shipbuilder Navantia have signed a collaboration agreement to develop solutions for maritime transport decarbonisation.
£17 billion ($23 billion) of annual Russian exports to the UK will be disrupted by the closure of all UK ports to Russian ships, an analysis conducted by data and analytics company Russell Group finds.
Prysmian has won a contract worth around €1.2 billion to deliver the 725-kilometer NeuConnect interconnector that will directly link the German and UK electricity grids for the first time. The Italian cabling giant will provide the turnkey design, manufacturing, installation, testing and commissioni
Norwegian company RW Power has installed its wave energy-powered seawater pumping device for a new set of trials at the Oceanic Platform of the Canary Islands (PLOCAN).
