Everfuel signed a letter of intent (LoI) with a German industrial offtaker for the supply of up to 10,000 tons of green hydrogen annually.
Norway’s shipbuilder VARD has contracted compatriot TMC Compressors to supply a complete marine compressed air system for a cable-laying vessel (CLV) that it is constructing for Italian cabling giant Prysmian. Under the contract whose value has not been disclosed, TMC will deliver a marine compresse
Bermuda-headquartered Flex LNG has found work with an undisclosed company in Asia for another one of its LNG carriers.
An FPSO, which is working on ExxonMobil’s first oil development project offshore Guyana, has tucked one more industry first under its belt.
France-based geoscience technology services company CGG and U.S. energy technology company Baker Hughes have signed a memorandum of understanding (MoU) to jointly explore carbon capture and storage (CCS) solutions. CGG said that the collaboration and proposed commercial alliance intends to support t
Ocean Energy Europe (OEE) has announced that EU funding and domestic revenue support are expected to facilitate the deployment of 137 MW of tidal and wave energy projects over the next five years, following the OEE’s report of the latest statistics about the ocean energy sector.
Metacon and Siemens have signed an MoU to enter a partnership to accelerate the manufacturing of hydrogen production systems in Sweden for the European market.
Vår Energi has struck a deal with DNO Norge to divest its interests in five oil and gas fields in the Norwegian Sea.
Yinson Production has confirmed the departure of an FPSO vessel from a Chinese shipyard.
Norway’s Ministry of Petroleum and Energy has set in motion the Award in Pre-Defined Areas 2024 (APA 2024) round for further exploration activity.
Following a recent long-term strategic agreement with Norway’s state-owned energy giant Equinor, SLB OneSubsea and Subsea7’s Subsea Integration Alliance has secured a contract with Norwegian oil & gas company OKEA for its North Sea field. The “sizeable” integrated engineering, procurement, construct
Noble Corporation is feeling buoyant over the future opportunities for its rig fleet, especially the floater segment.
The landfall of the first submarine cable circuit has been completed by LS Cable & System and LS Marine Solution in the construction of the Jeonnam offshore wind farm in South Korea. Jeonnam Offshore Wind Power was founded in 2020 as a 51-49 joint venture between SK E&S and Copenhagen Infrastructure
BP has recorded a fall in profit on a quarterly and year-over-year (y-o-y) basis driven by the downturn in energy prices.
