
Italian cabling giant Prysmian Group has secured €135 million financing from the European Investment Bank (EIB) to boost its research and development (R&D) activities.

Italian oil and gas company Eni has made a gas discovery in its first exploration well in waters offshore Abu Dhabi.

Norwegian Innova and the U.S. Teledyne Energy System have partnered to demonstrate the use of hydrogen for local power of subsea control systems.

The U.S. Department of Energy’s Water Power Technologies Office (WPTO) is seeking in-kind and financial sponsors for the Waves to Water Prize, a competition that aims to accelerate the development of wave energy-powered desalination.

Western Gas has now secured all necessary government approvals required to drill the Sasanof-1 exploration well on the North West Shelf.

Scana-owned PSW Technology has signed an exclusive license agreement with oil service provider Cameron, a Schlumberger company, to carry out recertification of risers produced by Cameron.

U.S. LNG project developer Tellurian says it will start the construction of its Driftwood LNG export facility in April 2022.

Norwegian offshore vessel owner Solstad Offshore has sold three of its anchor handling tug and supply (AHTS) vessels.

Canadian fuel cell supplier Ballard Power Systems has delivered two, 200 kilowatt (kW) fuell cell modules to Norwegian ferry operator Norled.

Energy major Shell increased its dividend and share buybacks following a jump in its quarterly profit driven by higher oil and gas prices.

Chinese shipbuilder Hudong-Zhonghua has ordered the tank design for six new LNG carriers (LNGCs) from the French LNG containment specialist GTT.

Marine geophysical services provider Shearwater GeoServices and oil and gas major ConocoPhillips have formed a strategic partnership to collaborate on seismic imaging technology.

Japanese shipping major Mitsui O.S.K. Lines (MOL) has concluded the acquisition of a 40 percent stake in Waterfront Shipping WFS), a subsidiary of Canadian methanol producer and supplier Methanex Corporation.

Japanese shipping major Mitsui O.S.K. Lines (MOL) has completed a concept study on floating storage and regasification unit (FSRU) for ammonia fuel.