Eco Wave Power has entered into collaboration agreement with the Israeli Ministry of Defense to examine the feasibility of installing its wave energy technology in the Israeli Navy’s bases.
Offshore drilling contractor Valaris has been awarded two one-well contracts for one of its drillships by oil major Shell.
PGS has completed the Niger Delta 2020 reprocessing package for the reassessment of Nigerian offshore exploration opportunities.
The Seafarers International Relief Fund (SIRF) has reached its goal of raising $1 million to provide vital relief for seafarers and their families affected by COVID.
Deutsche Post DHL Group (DPDHL) has signed an agreement to acquire up to 100% of ocean freight forwarding company J.F. Hillebrand Group AG and its subsidiaries.
Fuel consumption and CO2 emissions of new generation floating storage regasification units (FSRUs) can be reduced by 50 per cent at maximum rated regas flow rate compared to conventional existing FSRUs, a new demonstration test found.
Kongsberg Maritime has signed a Memorandum of Understanding (MoU) with the Nippon Foundation-GEBCO Seabed 2030 Project to support the global initiative to produce the complete map of the ocean floor. Under the terms of the agreement, the two parties will work together to advance understanding of oce
Swedish wave energy company Novige has concluded the extensive tests on its scaled NoviOcean wave energy prototype in France, with the support of the MaRINET2 project.
Woodside Petroleum and BHP Group have entered into a merger commitment deed to combine their respective oil and gas portfolios via an all-stock merger.
Australian energy company Woodside has promoted its acting chief executive officer (CEO) to a permanent role, effective immediately.
BCG Digital Ventures (BCGDV), a California-based digital business-building and corporate innovation arm of Boston Consulting Group (BCG), and Malaysia’s shipping company MISC Group have unveiled a co-investment in three ventures to disrupt the maritime solutions space with deep tech.
Ocean Power Technologies (OPT), supported by the U.S. Department of Energy (DOE) grant, is set to perform a preliminary conceptual design study to further develop its novel wave energy converter aimed at powering autonomous ocean monitoring systems.
Consortium members have agreed to back Phase 2 of the Greensand carbon capture and storage (CCS) pilot project, in support of Denmark’s ambitious 70 per cent CO2 reduction targets by 2030.
Sustainable Marine has completed ‘rigorous tests’ on its latest generation tidal turbine drivetrain at the world-renowned Center for Wind Power Drives at RWTH Aachen University, proving the technology is robust enough to take on the Bay of Fundy tides.
