Equinor has received the seal of approval from Norway’s authorities to bring online an oil field project in the Norwegian sector of the North Sea next month.
Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2023, reporting a decrease in net loss when compared to the same period a year before.
Energy major Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy, an LNG company formed and managed by investment company EIG, for $500 million. Completion of the transaction is subject to closing conditions which include regulatory approvals, with Aramco
Pyxis Ocean, the world’s first large ship fitted with WindWings, metal sails that harness the power of the wind to reduce fuel consumption and carbon emissions, arrived at the Port of Paranaguá, Brazil. The bulker, which emits 30% less carbon dioxide compared to conventional ships, embarked on its m
SIMEC Atlantis Energy has recorded a profit before tax of €5.2 million (£4.5million) for the first six months of fiscal 2023, as opposed to the loss of €9.9 million (£8.6 million) filed for the same period a year earlier.
TotalEnergies has set its course for the energy transition journey by creating a balanced multi-energy strategy, which it plans to follow to diversify its portfolio, cut its emission footprint, and reach low-carbon and net-zero aspirations.
NKT and Walsin Lihwa have held a groundbreaking ceremony for the Kaohsiung Submarine Cable Factory, the first subsea power cable factory in Taiwan, expected to be fully operational in 2027. In February of this year, the Denmark- and Taiwan-based companies announced that they were forming a joint ven
Spanish transmission system operator (TSO) Enagás has finalized the acquisition of 10% of the shares of Hanseatic Energy Hub (HEH), a consortium in which it participates as an industrial partner. With its 10% stake, Enagás joins the consortium formed by the Buss Group (founding shareholder), Partner
Asso.subsea has completed the burial and protection operations for the Viking Link interconnector that is connecting Denmark and Great Britain. Asso.subsea was contracted by Prysmian Group in 2020 to execute the seabed preparation, burial and protection works in a three-year campaign, from 2021 to 2
Classification society Bureau Veritas (BV) and Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering Co. (DSME), have completed a joint development project (JDP) to enable 3D model-based approval for the classification of ships.
MAN Energy Solutions (MAN ES) has secured its first order for six small-bore, seven-cylinder 21/31DF-M GenSets, designed to operate on methanol. The milestone order is part of the construction project for two 9,300 car equivalent unit (CEU) Pure Car and Truck Carriers (PCTCs) destined for China Merc
Swiss marine power company WinGD has received the first-ever approval in principle (AiP) from Lloyd’s Register (LR) for its two-stroke engines fueled with ammonia. According to WinGD, LR’s approval for the X-DF-A dual-fuel range will give shipowners assurance they need to realize vessels using ammon
Talos Energy has wrapped up the sale of a partial stake in its subsidiary, Talos Mexico, which holds an interest in a giant oil field off Mexico.
China’s Hudong-Zhonghua Shipbuilding has completed the ‘two-in-one’ (regular and gas) trial in five and a half days for the 174,000 cubic meter large liquefied natural gas carrier (LNGC) built by the company for China State Shipbuilding Corporation (CSSC) Shipping Leasing, setting what is said to be
