US-based tech provider Cummins has received £4.4 million (about $5.36 million) for its methanol retrofit kit as part of the Zero Emission Vessels and Infrastructure (ZEVI) competition funded by the UK Government.
Fugro has finished the fieldwork for an environmental and geophysical survey offshore Namibia, which was ordered by Galp.
Japan’s Yanmar Power Technology (YPT), a subsidiary of Yanmar Holdings, has made the first delivery of its newly commercialized maritime hydrogen fuel cell system. According to Yanmar, it was supplied to the passenger ship HANARIA, operated by MOTENA-Sea, a company backed by Mitsui O.S.K. Lines and
Al Seer Marine and Abu Dhabi Maritime, both based in the United Arab Emirates (UAE), have unveiled the world’s first 3D-printed water taxi.
Scottish wave energy company Mocean Energy has raised €2.5 million in new equity, alongside €572,000 grant to drive the commercialization of its wave energy technologies, bringing Katapult Ocean and MOL Plus as new investors in the business.
Brazilian state-owned oil and gas giant Petrobras has revised its oil and gas production and CAPEX guidance for 2023.
Elogen, a GTT Group company specializing in PEM electrolysis, has signed a partnership agreement with the French National Center for Scientific Research (CNRS) and Université Paris-Saclay to create a joint research laboratory and accelerate large-scale green hydrogen production. The parties formed t
Norwegian shipowner Ocean Yield AS has agreed to acquire two 2022-built Suezmax tankers that will be chartered out under a sustainability-linked lease agreement.
Jadestone, which is in the process of wrapping up its infill drilling program offshore Malaysia, is contemplating another four-well campaign.
Plexus Holdings has won a rental contract with Neptune Energy for a plug and abandonment (P&A) project in the UK sector of the North Sea.
ExxonMobil has paid around $1.26 billion to SBM Offshore for an FPSO, which is working off the coast of Guyana.
South Korean Hanwha Ocean, formerly known as Daewoo Shipbuilding and Marine Engineering (DSME), has held a steel-cutting ceremony for a new LNG carrier to be built for Norway-based gas shipping company BW LNG. The shipping company shared the update on its social media channels on November 10, 2023,
Prysmian Group has revealed strong results for the first nine months of 2023, with new orders year-to-date amounting to approximately €13 billion.
Japanese shipping company Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group.
