South Korean shipyard Samsung Heavy Industries has gained approval in principle (AiP) for its newly developed onboard carbon capture and storage (CCS) applicable to LNG-fueled vessels.
U.S. oil and gas company Hess Corporation has returned to profit in the fourth quarter of 2021, driven by higher oil and gas prices
Norwegian oil and gas company Vår Energi has developed a new collaboration model for suppliers of subsea equipment ahead of a new fabrication and installation contract for its entire operated portfolio. The ongoing tender for the new contract facilitates for suppliers to deliver joint solutions in a
Shipping company Mitsui O.S.K. Lines (MOL), class society Class NK and maritime software, services and data analysis provider NAPA have jointly developed a navigational risk monitoring system.
The U.S. Department of Energy (DOE) has awarded $25 million to eight wave energy projects that will make up the first round of open-water testing at the PacWave South test site offshore Oregon.
Equinor has received consent from Norway’s offshore regulator for exploration drilling in the Barents Sea, using one of Transocean’s rigs.
Finland-based ship designer Deltamarin has signed an agreement with China Merchants Industry (Jiangsu) for the design and engineering of the new series of Höegh Autoliners Aurora-class pure car & truck carriers (PCTCs).
Shearwater GeoServices is set to commence two multicomponent surveys offshore Western Australia in February as part of a recent contract secured with Santos. The two-month program covers the Keraudren North Extension with an area of approximately 680 km2 in the Bedout Basin, and the Petrel Sub-Basin
Fincantieri’s U.S. subsidiary Fincantieri Marine Group (FMG) has joined Green Marine, a voluntary environmental certification program for North America’s maritime industry.
The French tech company for PEM electrolysis Elogen has taken a key step in the massification of its production, as a key player in the green hydrogen sector in France and Europe.
Office of the Assistant Secretary of the Army for Civil Works announced last week the work plans for two recently enacted laws – the Infrastructure Investment and Jobs Act; and the 2022 Disaster Relief Supplemental Appropriations Act. These will provide the USACE Norfolk District with an additional
Hess Corporation has revealed that its Exploration & Production capital and exploratory budget for 2022 will amount to $2.6 billion.
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded £31.6 million (approximately €37.7 million) in grant funding to eleven projects through the Floating Offshore Wind (FOW) Demonstration Programme. With an aim of reducing costs as well as increasing the rate of deployme
In pursuit of decarbonisation, Port of Blyth has made a multi-million-pound purchase to acquire its first fully electric crane from Finnish manufacturer Konecranes.
