Building on existing strategic partnerships and looking to enhance manufacturing capabilities, UK-based wind-assisted propulsion provider Anemoi Marine Technologies has opened its new rotor sail procution facility in China.
Given its ongoing performance, a floating production, storage, and offloading (FPSO) vessel deployed at the third-largest pre-salt field off the coast of Brazil has received recognition as the unit spearheading the country’s oil and gas production.
Australia’s Woodside Energy (Woodside) has signed a non-binding memorandum of understanding (MOU) with South Korea’s Hyundai Engineering and Hyundai Glovis to collaborate across the liquefied natural gas (LNG) value chain.
Equinor has hired Subsea Integration Alliance (SIA), a strategic alliance combining the strengths of SLB OneSubsea and Subsea7, to handle an assignment related to the next stage of its operated oil field off the coast of Brazil.
Malaysia’s state-owned Petronas has celebrated the sailaway of its first liquefied natural gas (LNG) cargo from the export facility in Kitimat, British Columbia (B.C.), Canada operated by U.K.-headquartered energy giant Shell.
Swedish Export Credit Corporation (SEK), a state-owned company that finances Swedish exporters, their subcontractor, and foreign customers, has agreed a €800 million loan facility with National Grid Electricity Transmission to fund a portion of what is said to be the UK’s largest-ever electricity tr
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MOU) with Kinetics, the energy transition initiative of Turkish floating power company Karpowership, to jointly develop a next-generation floating data center platform.
UK-based manufacturer of subsea and power cables, JDR Cable Systems, part of TFKable Group, has secured a service contract with an Indian multinational enterprise engaged in engineering, Larsen & Toubro (L&T), to test 14 umbilical cables for offshore platforms in the Middle East. According to JDR Ca
EDGE Navigation and DNV have signed an agreement to jointly develop a classification framework for a 20,000 cbm ocean-going liquid hydrogen (LH2) carrier.
French floating solar company HelioRec has completed operations and maintenance (O&M) activities on its 250 kW floating solar installation at Domaine de Cicé-Blossac in France. Commissioned on 29 October 2024, the system has so far helped avoid 70 tonnes of CO₂ emissions – “the equivalent of plantin
TechnipFMC and Vår Energi have struck a deal related to the model that will be used to bring to life future subsea developments in the Gjøa area in the North Sea, off the coast of Norway.
Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has launched Singapore’s first fully electric tug as the next step in the adoption of electric vessels.
Canada-based oil and gas company Valeura Energy is moving forward with its drilling program offshore Thailand.
Rosenxt UK, part of Swiss technology group Rosenxt Holding, has acquired selected assets and talent from subsea robotics and engineering firm Beam, which ceased operations earlier this year. Beam, formed by the merger of UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst in
