The US Department of Energy (DOE) will grant $52.5 million to projects of next-generation clean hydrogen technologies.
Italian Grimaldi Group has christened Eco Catania, a new hybrid roll-on/roll-off (RoRo) vessel delivered to the company last month.
ExxonMobil has selected TechnipFMC and Halliburton to provide the Odassea subsea fiber optic solution for the Payara development project in Guyana. The award follows the completion of front-end engineering and design studies and qualifications. According to TechnipFMC, the Odassea service integrates
The trend of winning new deals and extensions continues for offshore drilling contractor Valaris following another extension for one of its jack-up rigs.
Norwegian offshore vessel owner Solstad Offshore has secured multiple new medium-term contracts and contract extensions for its vessels.
The Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has teamed up with the Brandenburg University of Technology Cottbus-Senftenberg (BTU) and RWE Renewables to test several floating photovoltaic (PV) systems with different structure designs on open waters.
Qatar Petroleum has signed a 15-year LNG sale and purchase agreement with Taiwan’s CPC for the supply of 1.25 million tonnes per annum (mpta) of LNG.
Offshore drilling contractor Valaris has been awarded a contract for a drillship with BP offshore Mauritania and Senegal.
Norway’s maritime start-up EDGE Navigation and shipbuilder Ulstein are evaluating the use of a hydrogen fuel cell solution to achieve non-fossil propulsion for a container vessel concept.
Swedish-Israeli onshore wave energy developer Eco Wave Power has closed its underwritten initial public offering (IPO) on Nasdaq, collecting $9.2 million in gross proceeds.
London-based waste management company Cory has revealed that its entire fleet of tugs will convert to low carbon biofuel.
McDermott International has secured a subsea engineering, procurement, construction and installation (EPCI) contract with Santos for the Bayu-Undan infill well Phase 3C project in the Timor Sea.
Bermuda and Norway-based shipping firm Avance Gas Holding has signed and completed a $104 million sustainability-linked term facility with a bank syndicate.
UK’s OGA has revealed that the decommissioning cost estimate has fallen to £46 billion (about $63.7 billion), the fourth year-on-year fall.
