Greece and Saudi Arabia have agreed to establish a special purpose company for the development of an electricity interconnector between the two countries. Chairman of the Board and CEO of Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) Manos Manousakis and the
TotalEnergies has wrapped up a sale of a partial stake to Petronas in a block, encompassing two oil fields offshore Angola.
Florida-based marine company Crowley has joined forces with the ABS classification society to explore the innovative realms of augmented and virtual reality technologies within the maritime industry. The ABS partnership agreement builds on Crowley’s new service network using augmented reality on sel
Swiss energy storage solutions provider has secured a contract with Norwegian system integrator Brunvoll Mar-El for the electrification of a conventionally powered Norwegian ferry. Leclanché said it was selected by Brunvoll to support the retrofit of the MF Rygerbuen passenger and vehicle ferry into
TotalEnergies has made progress with its multi-well appraisal and exploration drilling program in Namibia, which is being carried out with two rigs.
The North Sea Transition Authority has now given its blessing for the development of the controversial Rosebank field on the UKCS.
While the push for eco-friendly shipping is commendable, it comes with a hefty price tag, potentially affecting small island developing states (SIDS) and least developed countries (LDCs) that rely heavily on maritime transport. According to a recent UNCTAD report, the transition to decarbonized ship
Spanish technology and engineering group Sener has developed the conceptual and basic engineering of two new vessels equipped with carbon capture systems (CCSs) for German company Grona Shipping.
Capital Energy, a renewable energy project developer based in Spain, has submitted applications for environmental assessments for three floating offshore wind farms in Portugal with a total capacity of 2 GW. Named Parque Eólico Offshore Barlavento, Parque Eólico Offshore Carvela and Parque Eólico Of
The GET H2 TransHyDE joint project, based in Lingen, Germany, has reached a milestone with hydrogen produced for the first time on the site of the RWE gas-fired power plant in Emsland (KEM) using a high-temperature solid oxide electrolyzer (SOEC) from Sunfire. The electrolyzer, which is installed in
The dynamic shipbuilding sector in Japan has flexed its muscles over the past week, securing major contracts in the bulker sector totaling in a dozen orders. Oshima Shipbuilding has been linked to an order with Greek shipping company Latsco Shipping Limited. The deal entails the construction of thre
U.S.-based developer of ocean robots Nauticus Robotics has secured term loan financing of up to $20 million from existing investors that will be used to bolster the commissioning and commercialization of its fleet. Nauticus Robotics entered into a senior secured term loan agreement with existing sta
BOEM has postponed the next offshore oil and gas lease sale for acreage in the Gulf of Mexico (GOM) to comply with a court order.
The Maritime and Port Authority of Singapore (MPA) has signed three Memorandum of Understanding (MoU) with regional maritime administrations and partners in China to advance collaboration on digitalization, decarbonization, talent development, and information exchange.
