Portuguese authorities have joined the Swedish Energy Agency, EIT InnoEnergy and private investors to financially support CorPower Ocean’s flagship HiWave-5 demonstration project in northern Portugal.
Danish offshore vessel provider Maersk Supply Service has named a new chief financial officer (CFO) of the company with effect from 15 March 2021.
U.S. oil major ExxonMobil has created a new business named ExxonMobil Low Carbon Solutions to commercialise its extensive low-carbon technology portfolio.
Coastal Contracts and its partner JUB Pacific are entering the liftboat business with plans to pursue expansion in the oil and gas as well as venturing into the offshore wind market.
US-based LNG equipment maker, Air Products, has been contracted to deliver its LNG tech to the Energia Costa Azul (ECA) LNG export terminal project in Mexico.
UK-based company Sustainable Marine Energy has unveiled its new PLAT-I tidal energy platform that will be tested in the Bay of Fundy’s Grand Passage before moving to the Fundy Ocean Research Centre for Energy (FORCE) to form the world’s first floating tidal energy array.
BP recorded a significant decrease in its quarterly profit due to lower demand, exploration write-offs, and lower oil and gas prices
Swedish forest products company SCA revealed plans to invest approximately SEK 460 million (about $54.7 million) in Tunadal port between 2021 and 2024.
Energy consultancy AGR said that its Well Management business unit has entered into a strategic framework agreement for decarbonisation exploration with UK-based dCarbonX. The Scope covers supporting dCarbonX in the development of GeoEnergy resources. This includes carbon capture, use and storage (C
Oil and gas service provider Baker Hughes has signed a deal with Russia’s Novatek to reduce carbon emissions from the latter’s natural gas and LNG production.
Brazilian oil and gas giant Petrobras is selling its whole interest in two shallow-water fields located in the Espírito Santo Basin offshore Brazil.
Japan’s Mitsui O.S.K. Lines (MOL) has announced that it will restructure the organisation as of 1 April and that it will establish a business division dedicated solely to offshore wind. As part of its restructuring and setting up several new business units and divisions, MOL is establishing the Wind
Mitsubishi Heavy Industries and Vestas have launched MHI Vestas Japan, a joint venture targeting onshore and offshore wind turbine markets in Japan. The joint venture started operating on Monday, 1 February. MHI Vestas Japan’s head office is located in Chiyoda-ku, in central Tokyo. Masato Yamada, fo
MMH Malta, a port facility and provider of services for offshore drilling rigs, has revealed that its CEO has come to an end of his role in the company.
