Boundary Layer Technologies, a California based marine technology startup, has launched a fully electric hydrofoiling ferry concept design.
Boskalis has just won the prestigious prof. Dr. Ir. J.F. Agema award for their role in an innovative Building with Nature project – construction of the Marker Wadden in the Markermeer Lake, the Netherlands. This award is given every five years for the best and most innovative hydraulic engineering p
After slowly climbing up for two weeks, the number of offshore rigs in the U.S. stopped its upward movement and remained flat at 13 last week.
Massive investment announcements and ambitious new developments in the energy and shipping sectors marked this week on Offshore Energy (well, together with our Offshore Energy Exhibition & Conference), as work on the global energy transition is moving forward through numerous new initiatives.
Shell has posted lower than anticipated earnings, which reflect the adverse impact of Hurricane Ida, while its cash flow from operations hit a record of $17.5 billion.
The New Zealand Ministry of Business, Innovation and Employment (MBIE) has entered into an agreement with Shelf Subsea Services for the removal of the subsea infrastructure from the Tui oil field.
Meyer Neptune Engineering, a newly founded startup focused on green innovations and part of Germany’s shipbuilder Meyer Group, plans to cooperate with the Leibniz Institute for Catalysis (LIKAT Rostock) to explore climate-neutral fuels.
ExxonMobil has reported earnings of $6.8 billion in the third quarter of 2021 due to improved demand and strong operations.
ONE-Dyas has filed its decommissioning programme for three platforms, located in the Sean field of the UK North Sea, and handed them to the UK authorities.
Petrofac has decided to raise $275 million through new equity to create a long-term, sustainable capital structure and pay off existing debts as part of its refinancing plan.
Equinor recorded a profit of $1.41 billion in the third quarter of 2021 due to higher prices and solid operating performance.
Classification society DNV and Seaspan Corporation, a shipping arm of Atlas Corp., have set up a Joint Atlas-Seaspan and DNV Collaboration Space (JCS) in Shanghai.
Norwegian floating wind technology developer Odfjell Oceanwind, exploration and production (E&P) company OKEA, and utility company TrønderEnergi have signed a Memorandum of Understanding to jointly evaluate the potential of developing a floating offshore wind farm that will be connected to the Draug
Eidesvik has revealed its current president and CEO will be retiring from the position, while the company’s current CCO was chosen as his replacement, effective from 1 January 2022.
