Swedish wave energy developer NoviOcean is carrying out sea trials of its hybrid offshore renewable energy platform, which combines wave, wind, and solar energy technologies, as part of the journey toward commercial deployment. The 10×6-meter N03 prototype has been operating in open water east of St
Norwegian state-owned energy giant Equinor has ensured the continuation of helicopter activity in Central Norway by prolonging CHC Helikopter Service’s flight assignment until the end of the decade.
Canada-headquartered marine technology player Kraken Robotics has closed the acquisition of the UK’s Covelya Group for approximately CA$615 million, resulting in geographic expansion and improved business diversification, among other things. Covelya Group designs, manufactures, sells and supports hi
Japan’s MODEC has tucked a construction milestone under its belt for a floating production, storage, and offloading (FPSO) vessel, with the completion of the forward hull section, which left Japan and is en route to China, where it will be integrated with the aft hull section. Once all the pieces of
Oslo-listed global consultancy group Aqualis, formerly ABL Group, has wrapped up the acquisition of SynergenOG, a Malaysia‑based process safety and technical risk management consultancy for the energy industry.
Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), and Nord Gas Solutions, formerly Wartsila Gas Solutions, have wrapped up the performance testing of their ammonia-to-hydrogen cracking technology for floating hydr
Ocean energy can supply 13% of global electricity demand, as well as produce 21% of current EU consumption – more than fossil gas or hydroelectricity today, according to a new report from Ocean Energy Europe (OEE). Launched on June 29, Ocean Energy: The Largest Untapped Renewable Resource, described
France’s energy giant TotalEnergies has struck a deal to divest to Japan’s Inpex its non-operated interest in a gas field off the coast of Sarawak, Malaysia.
The Eastern Green Link 2 (EGL2) power superhighway in the UK is the first high-voltage direct current (HVDC) cable that will use 100% recycled copper, Prysmian, the project’s cable supplier, reported. Developed by a joint venture of SSEN Transmission and National Grid Electricity Transmission, EGL2
Norske Shell, a subsidiary of the UK-headquartered energy giant Shell, has entrusted AGR, part of the Oslo-listed energy and marine consultancy Aqualis (formerly ABL Group), with the task of supplying the human capital for its onshore and offshore operations in Norway.
Norway’s DOF Group has won a contract it describes as large for subsea construction, mooring, disconnection of an existing floating storage and offloading unit (FSO) and connection of a replacement FSO for TotalEnergies. DOF will deliver engineering, transportation and installation of mooring system
Danish power cable manufacturer and installation firm NKT has completed the expansion of its medium-voltage (MV) power cable production facility in Asnaes, Denmark, where cable production has been ongoing since 1965. The expansion works began in September 2024 and include a new production hall, new
Qatar’s state-owned oil and gas giant QatarEnergy and the U.S.-headquartered energy heavyweight ExxonMobil have inked a commercial discovery declaration for natural gas finds at a block off the coast of Cyprus.
Shenzhen Port Group and Bureau Veritas Marine & Offshore have signed a strategic cooperation agreement to jointly advance the development of green shipping corridors. Under the agreement signed in Shenzhen, China, the parties plan to use their respective strengths and resources to deepen collaborati
