Global commodity trading group Trafigura and oil operator Meroil S.A. have created a joint venture company that includes storage infrastructure for biofuels within the port of Barcelona. Following Trafigura’s acquisition of 50% of the shares in Meroil Tank S.L. from Meroil for an undisclosed sum, Me
Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.
A court decision, which was interpreted to pose a serious threat to new and existing oil and natural gas operations in the U.S. Gulf of Mexico with some fearing that it would have unintended consequences for the offshore wind program as well, has been replaced with a new one.
The European Commission has selected 85 net-zero projects, including those involving hydrogen and maritime, to receive €4.8 billion in grants from the Innovation Fund.
Equinor has confirmed that the production at an unmanned production platform on a gas field in the North Sea offshore Norway remains shut in, following the appearance of smoke, with no impact on committed gas exports currently anticipated.
Canarship has confirmed the arrival of a semi-submersible rig to the Port of Las Palmas. This rig is owned by Norway’s Island Drilling.
TGS has carried out a three-dimensional Ultra High-Resolution Seismic (3D UHRS) soil survey in the Doordewind Wind Farm Zone in the Netherlands. Commissioned by the Netherlands Enterprise Agency (RVO), the 3D UHRS soil survey was conducted in the North Sea for the first time from mid-June to the end
Classification society DNV has signed a memorandum of understanding (MoU) with Taiwan’s Metal Industries Research & Development Centre (MIRDC) to collaborate on renewable energy technologies, including floating solar, among others. The MoU solidifies a three-year partnership aimed at enhancing Taiwa
Mitsui O.S.K. Lines (MOL) has won a long-term time charter contract for a floating storage and regasification unit (FSRU), which will be built by South Korea’s Hanwha Ocean for deployment in Singapore.
Singapore’s electricity regulator the Energy Market Authority (EMA) has given conditional approval for a project that will harness and store renewable energy from Australia and transmit it to Singapore via a high-voltage direct current (HVDC) transmission system, two months after the Australian Gove
Sembcorp Utilities, a wholly-owned subsidiary of Singapore’s Sembcorp Industries, and Indonesian state-owned utility company PT PLN (Persero) have signed a joint development agreement (JDA) to advance their green hydrogen production project in Sumatra, Indonesia. The agreement follows the joint deve
The Testing Expertise and Access for Marine Energy Research (TEAMER) program, supported by the U.S. Department of Energy (DOE) and directed by the Pacific Ocean Energy Trust (POET), has opened its 15th request for technical support (RFTS). Through the latest call, TEAMER is offering marine energy te
British renewable energy business Drax Group and compatriot systems design house Smart Green Shipping (SGS) have united efforts to develop and put into use ecologically responsible wind-assisted ‘FastRig’ technology, all with the aim of positively contributing to the decarbonization of the country’s
Finnish technology group Wärtsilä has signed a memorandum of understanding (MoU) with Qatar Shipyard Technology Solutions, a joint venture between Nakilat and Keppel Offshore & Marine, related to maintenance and repair services involving eco-friendly technology, decarbonization, and dual-fuel conver
