French-based start-up HelioRec has completed the testing of its floating solar technology model at wave tank in Ecole Centrale de Nantes, reaching another milestone on its path to technology commercialisation.
In June, Brazil’s Petrobras has imported 42 million cubic metres of LNG per day, which marks a new historical record.
Aquadrill Offshore, formerly known as Seadrill Partners, has lost in arbitration against BP related to claims for breach of a contract.
U.S. infrastructure investment fund Global Infrastructure Partners (GIP) has put up for sale its 26 per cent stake in the limited partnership behind Freeport LNG.
Sunseap Group and Badan Pengusahaan Batam (BP Batam) have signed a memorandum of understanding (MoU) to build a floating solar farm and energy storage system (ESS) which are expected to be the largest in the world.
Floatel has secured another contract for one of its units, this time with Norway’s Equinor for operations in Brazilian waters.
Oilfield services provider Baker Hughes has reported a loss in the second quarter of the year although the company did book an increase in orders and revenues.
Solstad Offshore has won two medium-term contracts for its construction vessels (CSV) Normand Navigator and Normand Frontier in the second half of 2021.
French energy major TotalEnergies and energy transition company Technip Energies have teamed up to decarbonise LNG plants and offshore facilities for the energy transition push.
The U.S. Department of Energy (DOE) has announced funding for continuing research and development projects in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program, including $8.1 million for seven hydropower and marine energy projects.
TÜV SÜD National Engineering Laboratory has launched a real-time software tool for the verification of subsea multiphase flow meters (MPFM) that is said to help operators optimise reservoir management and revenues. NEL-SURE provides in-situ, continuous calibration of MPFMs and uses a traffic light s
The Nisga’a Nation, Rockies LNG and Western LNG have proposed a 12-million-tonne-per-year LNG project called Ksi Lisims LNG.
CNOOC Limited has started production from its Luda 29-1 oilfield, which is located in the Bohai Sea offshore China.
Maritime consulting business Maersk Broker Advisory Services and management consulting firm McKinsey & Company have joined forces to assist shipowners and operators in defining their decarbonisation roadmap and strategy.
