U.S.-based marine energy company Ocean Power Technologies (OPT) has increased its net loss for the fourth quarter and fiscal year 2021, compared to the same period a year earlier.
The U.S. energy sector lost 10 per cent of its workforce last year due to the Covid-19 pandemic and one of the critical ways to revitalise the industry is President Biden’s clean energy plan.
Danish wave energy company Wavepiston has made new hires and appointments to its board of directors, along with securing patent approvals for its wave energy technology.
After announcing their intention to bid in the ScotWind seabed leasing this May, British oil & gas major BP and German offshore wind developer EnBW have now detailed on their plan in Scotland, which encompasses more than offshore wind. With an investment of GBP 10 billion (around EUR 11.65 billion),
Borr Drilling’s Prospector-1 jack-up drilling rig has arrived at Kistos’ Q10-A field in the Dutch North Sea and started the company’s 2021 drilling campaign.
A consortium between Vietsovpetro, PTSC G&S and Fugro has won a contract for offshore geotechnical survey services for the 3.5 GW La Gan offshore wind project in Vietnam. As part of the contract, Fugro will carry out offshore geotechnical surveys using its geotechnical vessel Fugro Mariner and deliv
Italian cabling giant Prysmian has set up a target to achieve net-zero for its global operations between 2035 and 2040, as well as for its value chain emissions by 2050. Prysmian announced the commitments as part of its new Climate Ambition and Social Ambition frameworks. In terms of Climate Ambitio
Oil and gas company Aker BP has made a minor gas discovery south of the Korpfjell gas discovery in the Barents Sea, the Norwegian Petroleum Authority (NPD) said.
Kraken Robotics has secured a Robotics as a Service (RaaS) contract with Newfoundland and Labrador Hydro, formerly Nalcor Energy, to perform the marine inspection of the Strait of Belle Isle (SOBI) submarine cable.
The Papua New Guinea-focused oil, gas, and LNG producer Oil Search has rejected a merger offer made by Australia’s energy major Santos.
Unmanned technology systems operator and integrator DroneQ Robotics has signed a partnership with Canadian remotely operated vehicle (ROV) developer SEAMOR Marine to boost ROV solutions.
The Italian shipping company Grimaldi Group and its Spanish counterpart Armas Trasmediterránea Group have reached a definitive agreement for the sale of ships and port terminals.
A remotely operated uncrewed surface vessel (USV) has been deployed for a hydrographic survey on an operational offshore wind farm in the UK.
Fure Viten, Swedish shipowner Furetank’s LNG-powered tanker, has completed a bunkering operation in Malaysia as part of its maiden voyage from China to Europe.
