FAR is encouraged by oil shows and potential reservoirs encountered in its well off The Gambia despite no live oil columns being present.
Italian shipbuilder Fincantieri has signed the first sustainability-linked construction loan with compatriot banks Intesa Sanpaolo and Cassa Depositi e Prestiti (CDP) for a maximum amount of €300 million (around $340 million).
Blue Logic has signed a frame agreement with Equinor for the delivery of subsea docking stations, subsea equipment and services to the Norwegian energy giant. According to Blue Logic, Equinor has been an important customer and partner for the company in the process of developing the Universal Subsea
The Irish government has granted Statkraft a foreshore licence for site investigation in waters off Ireland where the company plans to build a 530 MW offshore wind farm. The developer submitted an application for the licence in December 2019, requesting approval to undertake site investigations at t
The technology group Wärtsilä has launched a ‘Zero Emission Marine’ research, development and innovation project, supported by a €20 million grant from the public organisation Business Finland.
The first lifting of oil from the Repsol-operated Yme field in the North Sea has been completed following the field start-up in October 2021.
Norwegian oilfield services provider Aker Solutions has formally signed a sizeable contract award with Heerema Marine Contractors.
Viking Octantis, the first of two Viking’s expedition ships, has been delivered by Italian shipbuilder Fincantieri at Vard shipyard in Søviknes, Norway.
Orkney-based marine specialist Leask Marine has provided its services to tidal developer HydroQuest for a major decommissioning project in France.
Port of Rotterdam Authority and the goverment of Tasmania will jointly look into the feasibility of future exports of green hydrogen from Bell Bay to the Dutch port.
Hitachi Energy has won a major contract for what is said to be the first-of-its-kind high-voltage, direct current (HVDC-VSC) subsea power transmission system in the Middle East and North Africa (MENA) region. As part of the order from Samsung C&T Corporation, Hitachi will connect ADNOC’s offshore op
Russian oil and gas giant Lukoil has produced over 30 million tonnes from the Vladimir Filanovsky field located in the Caspian Sea.
A new mooring, anchoring and quick connect solution optimised for marine energy systems, developed as part of the UMACK project, has been validated in on-land trials ahead of ocean demonstration.
Japanese shipbuilder Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, has scored an order for the FGSS (fuel gas supply system) of six new LNG-fueled car carriers.
