Japanese shipping major Nippon Yusen Kabushiki Kaisha (NYK) and compatriot energy titan ENEOS have signed an agreement for the sale and purchase of marine fuel with carbon dioxide (CO2) removal credits (CDR credits) created via direct air capture with carbon storage (DACCS). DACCS is one of the nega
Carnegie Clean Energy’s subsidiary, CETO Wave Energy Ireland (CWEI), has secured a milestone payment of €203,437 under the EuropeWave Phase 3 contract. According to Carnegie, the funding recognizes the completion of design reports for the company’s CETO wave energy converter (WEC), marking an impor
Aberdeen-headquartered Mermaid Subsea Services (UK) has plugged and abandoned (P&A) 30 wells in the UK North Sea during 2024, claiming that this is the highest number of vessel-based well decommissioning operations ever completed in a single year within the region. The work was carried out using the
SBM Offshore has divested another floating production, storage, and offloading (FPSO) unit, which is working off the coast of Guyana, enabling ExxonMobil to take possession of the third FPSO deployed at the Stabroek block.
Nexans has secured a contract with Swedish transmission system operator (TSO) Svenska kraftnät to deliver subsea and onshore cables for an electricity connection project that will strengthen the electricity supply between the island of Gotland and mainland Sweden. As part of the contract described a
OKEA and DNO have made arrangements to exchange partial stakes in two prospects off the coast of Norway, which are slated to be drilled with Odfjell Drilling and Transocean semi-submersible rigs.
Swiss marine power company WinGD has run the first commercial engine at full load on more than 95% methanol fuel, reaching a milestone in realizing its X-DF-M engine design.
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) has delivered a newly built liquefied natural gas (LNG) carrier to France’s EDF LNG Shipping, a subsidiary of Electricité de France (EDF).
Seagliders will have a positive impact on Hawaiʻi, according to a study commissioned by the Hawaiʻi Seaglider Initiative (HSI), a coalition of local stakeholders working to increase awareness and adoption of seagliders in the state.
Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off the coast of Nigeria. As part of the contract with Shell Nigeria Exploration and Production Company Limited (SNEPCo), Saipem will deliver t
Two Scottish companies, Ocean Kinetics and Green Marine, have completed the decommissioning of OpenHydro’s tidal energy platform at the European Marine Energy Centre (EMEC) in Orkney. According to Ocean Kinetics, the decommissioning project managed under a contract with EMEC, involved dismantling th
Brazilian oil and gas player Brava Energia has signed a binding partnership agreement with compatriot firm PetroReconcavo laying down the conditions for the latter’s acquisition of the natural gas outflow and processing infrastructure in the Potiguar Basin, which is part of the Equatorial Margin.
Allseas has begun the planning and preparation for what it says is the largest-ever offshore decommissioning assignment in Australia, encompassing the removal of up to 12 retired platforms. Allseas has been appointed by Esso Australia, a subsidiary of ExxonMobil Australia, to remove 12 topsides and
Shelf Drilling has decided to remove its 1982-built jack-up rig from active service, following a recent suspension of operations in the Middle East.
