German offshore wind and hydrogen developers plan to build an offshore electrolyzer demonstrator at the Alpha Ventus wind farm in the North Sea.
Eco Wave Power has unveiled preparations to inaugurate Israel’s first wave energy pilot project on December 5, 2024, at Jaffa Port, marking a step in the country’s renewable energy endeavors. The EWP-EDF One system, developed in collaboration with EDF Renewables Israel and supported by Tel Aviv-Yafo
Saipem has won a new offshore assignment with BP for work on an Asian integrated project’s offshore facilities for natural gas production and transportation alongside carbon capture, utilization, and storage (CCUS).
Japanese shipping company Mitsui O.S.K. Lines (MOL) and the Maritime and Port Authority of Singapore (MPA) have deepened their collaboration on maritime decarbonization initiatives.
Swiss shipping giant MSC Mediterranean Shipping Company has signed a Memorandum of Understanding (MoU) with Italy’s energy major Eni to explore the potential use of liquefied natural gas (LNG) and biofuels.
Dutch shipbuilding major Damen Shipyards Group and compatriot tug and workboat company Herman Sr. have signed a letter of intent (LOI) for the construction of a new methanol-ready diesel-electric multipurpose vessel (MPV).
Israel’s Navitas Petroleum has postponed a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), bumping it to next year for Phase 1, following the cost hike to $1.4 billion.
Eni has made inroads in bringing its new floating liquefied natural gas (FLNG) unit to life in line with its start-up timeline, thus, the unit is still slated to come into operation mode in the fourth quarter of 2025 at the Italian player’s LNG project off the coast of Congo, Africa.
Danish shipping company Norden has signed a sustainable maritime fuel offtake agreement with technology conglomerate Meta.
Seatrium has joined forces with India’s Cochin Shipyard to bring to life mobile offshore drilling units (MODUs), which will be designed specifically to meet the needs of the Indian offshore oil and gas market.
Netherlands-based Symphony Wave Power has completed the installation of a turbine in its dry-test system, marking a step towards the development of its wave energy technology. The dry-test system installation represents an important phase in Symphony’s validation program, enabling the company to per
Value Group, the Netherlands-based company uniting Value Maritime and Value Carbon, has secured a €2 million investment from Rotterdam Energy Transition Fund (ETF-R), a €100 million investment fund of the City of Rotterdam.
Dutch maritime engineering company NIM and Swiss high-tech firm EH Group have joined forces to advance the development and standardization of hydrogen fuel cell drive trains tailored for the maritime industry.
UK-headquartered subsea equipment rental and solutions provider Ashtead Technology has completed its £63 million (approximately $81.6 million) acquisition of Seatronics and J2 Subsea, expanding its subsea survey and robotics capabilities portfolio. According to Ashtead Technology, the deal bolsters
