
U.S.-based marine energy company Ocean Power Technologies (OPT) has appointed new president and chief executive officer, along with other executive management changes.

South-Eastern Europe’s largest integrated energy company OMV Petrom has obtained a license to commercialize LNG.

Singapore’s Dyna-Mac has secured additional work scope from existing customers, for a total provisional contract sum of about $6 million.

Ocean Energy Europe has presented the European Commission with a study that outlines the financial, technical and regulatory aspects of 17 wave and tidal projects that could hit the waters by the end of 2025, with recommendations for action at the EU level to ensure their delivery.

Energy supermajor ExxonMobil is preparing to reduce its U.S. offices headcount by up to 10 per cent annually for the next three to five years.

Monaco-based bulker owner Safe Bulkers has entered into a credit facility of $70 million with a five-year tenor.

Nowegian ship designer Ulstein Design & Solutions AS has been chosen by compatriot maritime startup Edge Navigation AS as a partner in developing a container vessel with the patented X-Bow hull lines for non-fossil propulsion towards achieving zero emissions in maritime transport.

Swedish company Waves4Power has formed a strategic alliance with U.S.-based clean charging technology developer EnergyTwo to harness solar, wave power and energy storage to meet the increased demand for electrification and on-site charging for clean electric machines.

DNV has won the contract for the carbon capture and storage (CCS) pipeline materials study from Neptune Energy to assess the fracture and suitability of offshore pipelines for re-use in CO2 transport.

Sakhalin Energy has completed the planned shutdown at the largest oil and gas production platform of the Sakhalin-2 project in Russia.

Oil and gas company TAQA has filed its decommissioning programme for the Cormorant Alpha platform topsides to the UK authorities.

South Korean shipping major Daewoo Shipbuilding & Marine Engineering (DSME) has received an order for the construction of six ultra large LNG-powered container vessels (ULCVs).

Codling Wind Park is carrying out geophysical surveys at the 1.5 GW offshore wind project in Ireland. According to the project’s Notice to Mariners, the surveys are scheduled to take place from 18 June to 10 August, weather permitting. Vessel MV Relume will conduct the survey in water depths greater

American Bureau of Shipping (ABS) will class the first LNG Bunker Barge on North America’s west coast, developed by Cryopeak LNG Solutions Corporation and Island Tug & Barge.