The Russian government has unveiled a massive plan to build hundreds of new ‘civilian’ vessels by 2050, upgrade its shipbuilding capability, and increase the workforce in the maritime domain.
Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.
Norwegian high-tech hydrogen company Hystar has raised more than $36 million in its Series C funding round to accelerate the commercial scale-up of its electrolyzers.
Prysmian Group has confirmed the wrap-up of the installation works related to the first submarine cable of the eastern branch of an electricity interconnection between Campania, Sicily, and Sardinia.
Netherlands-based subsea technology firm Seatools has secured a contract with CSBC-DEME Wind Engineering (CDWE) to supply a metrology and control system for the pre-piling template (PPT) at Taiwan’s Fengmiao 1 offshore wind project. According to Seatools, the wind farm will use jacket-type foundatio
Singapore’s shipbuilder Strategic Marine has delivered the second fast crew boat (FCB) with hybrid propulsion to Malaysia’s offshore vessel operator Centus Marine.
Aker BP has secured drilling permits for three exploration wells in the North Sea off the coast of Norway, which will be drilled this month with a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.
Shelf Drilling (SHLF) has shed more light on the latest developments across its rig fleet, confirming the arrival of two jack-ups in West Africa and the start of drilling work in Norwegian waters for another unit.
Saudi Arabia’s energy heavyweight Aramco has handed out a multi-year agreement extension for five offshore drilling jack-up rigs to ARO Drilling, its 50/50 joint venture with Valaris.
Damen Shiprepair and Alfa Laval Benelux have signed a memorandum of understanding (MoU) to intensify their cooperation on energy efficiency in the maritime industry.
The first European-built offshore CO2 carrier for carbon capture and storage (CCS) is set to be launched on Wednesday, 14 May, according to Greensand Future. Constructed at the Royal Niestern Sander shipyard in the Netherlands, the vessel is part of Project Greensand’s efforts to establish the EU’s
Kassø Power-to-X facility in Aabenraa, Denmark, dubbed the world’s largest commercial e-methanol facility, has been officially inaugurated and is supplying e-methanol to offtakers, including shipping giant Maersk.
A new report from the European Marine Energy Centre (EMEC) calls for coordinated regulatory reform to unlock Scotland’s tidal energy potential while addressing environmental concerns over harbour seals. According to EMEC, the new report published today, May 13, Managing the Consenting Risk of Harbou
MacGregor has secured an order from the Vertom Group to deliver fully electric cargo cranes for four multipurpose vessels to be built in India.
