Coro Energy has taken the last step toward closing its fossil fuels chapter by inking a deal to divest its interest in a natural gas field in the West Natuna Sea off the coast of Indonesia to devote its time and resources to greener ventures by focusing on its renewable energy portfolio.
UK energy market regulator Ofgem is considering whether to grant a penalty exemption for the joint venture (JV) developing the Eastern Green Link 1 (EGL1) subsea electricity superhighway due to a 16-month delay said to be caused by supply chain constraints. The 2 GW EGL1 HVDC multi-directional cable
Mitsubishi Shipbuilding, a part of Japanese Mitsubishi Heavy Industries (MHI) Group, has acquired approval in principle (AiP) from compatriot classification society Nippon Kaiji Kyokai (ClassNK) for its onboard carbon capture and storage system (OCCS).
ConocoPhillips is laying the groundwork to kick off seabed surveys this month ahead of exploration drilling activities for which a semi-submersible rig owned by Transocean has arrived in the Otway Basin to find commercially viable natural gas reserves to keep fears of shortfalls at bay.
The UK’s National Oceanography Centre (NOC) has launched an Innovation Hub in Southampton to boost progress in marine autonomous systems and drive sustainable growth in the blue economy. With a £200,000 (approximately $257,000) investment, the facility offers 304 square meters of space equipped with
Basque Hydrogen, a consortium led by Spanish companies Petronor, a subsidiary of Repsol, in collaboration with Enagás Renovable, a subsidiary of Enagás, and the Ente Vasco de la Energía, the energy agency of the Basque Government, has selected German electrolyzer manufacturer Sunfire to deliver a 10
Mitsui O.S.K. Lines (MOL) and Tokyo LNG Tanker, a wholly owned subsidiary of Tokyo Gas, will install MOL-developed Wind Challenger wind-assisted ship propulsion systems on a newbuild LNG carrier.
With the green light for a multibillion-dollar floating liquefied natural gas (FLNG) project, Mozambique’s government is intent on augmenting gas production and strengthening the African country’s LNG position, given the role natural gas is expected to play in the global energy transition story.
Hanwha Drilling, part of South Korea’s Hanwha Ocean, has held a naming ceremony for a seventh-generation drillship, which will work off the coast of Brazil for Petrobras, the South American country’s energy giant.
ZTT Submarine Cable & System (ZTTSC) has been awarded an engineering, procurement, and construction (EPC) contract for the Yangjiang Fanshi II offshore wind project in China. As part of this initiative, ZTTSC will deploy a 500 kV three-core AC submarine cable system, stretching 92 kilometers to tran
The U.S. Office of Foreign Assets Control (OFAC) has changed its mind about two special licenses – operated by the UK-headquartered Shell and BP, respectively – for gas fields straddling the maritime boundary between Venezuela and Trinidad and Tobago.
U.S. public ferry service provider San Francisco Bay Ferry (SF Bay Ferry) has contracted Nichols Brothers Boat Builders (NBBB) to design and construct two battery-electric ferries.
Luxcara has signed an inter-array cable contract with Twentsche Kabelfabriek BV (TKF) for the Waterkant offshore wind farm in the German North Sea. Under this contract, TKF will be responsible for the 66 kV inter-array aluminum core cables and accessories, totaling 130 kilometers. The supply scope i
HydePoint signed an MoU with Nel Hydrogen to work on scaling up hydrogen production in offshore, nearshore, and other harsh environments.
