Korea Maritime Consultants Co., Ltd. (KOMAC) has secured approval in principle (AiP) from the American Bureau of Shipping (ABS) for its design of an ammonia-fueled containership. The 3,600-TEU vessel design aims to address what KOMAC forecasts will be as an increase in the market need for small-scal
Shell has carried out a post-well analysis of a discovery in the North Sea, indicating a significant boost in the estimated oil & gas resources.
Eco Wave Power has received the final grant funding from the Israeli Ministry of Energy for its landmark ‘EWP-EDF One’ wave energy power station in the Port of Jaffa, marking the official completion of the project.
NeuConnect, the company behind the first energy link between the UK and Germany, has signed a license agreement with The Crown Estate, a step set to allow major construction work to begin this summer in the UK. Following negotiation and collaboration with The Crown Estate, the signed license agreeme
The Maritime and Port Authority of Singapore (MPA) has issued an Expression of Interest (EOI) to invite interested parties to submit proposals to design and promote adoption of full-electric harbour craft (e-HC) in Singapore.
Wellesley Petroleum has made a significant gas and condensate discovery in a prospect located in the North Sea.
Samos Energy has completed its first acquisition by getting its hands on all shares of PetroFirst, a floating energy infrastructure owner.
The University of Edinburgh’s Policy and Innovation Group has released a new report which quantified the specific policy support mechanisms, and the associated costs, that will be required to accelerate the wave and tidal stream energy sectors towards commercial deployment.
German-based engineering company thyssenkrupp has floated its hydrogen business thyssenkrupp nucera on the Frankfurt Stock Exchange (Prime Standard), supporting the company’s growth in the hydrogen market. Specifically, the gross proceeds from the IPO of around €526 million will go to thyssenkrupp n
Fugro has been appointed to carry out a hydrographic survey offshore Norway to collect datasets that are said to be essential for the sustainable development of new marine industries such as offshore wind. The contract is the latest in a series that Fugro secured with the Norwegian Hydrographic Serv
China Classification Society (CCS) has granted the first approval in principle (AiP) for ammonia and methanol valves in South Korea.
Velesto has secured work with an estimated combined contract value of $13 million for one of its jack-up rigs for drilling ops in Malaysia.
Seaway7 has completed the full engineering, procurement, construction, and installation (EPCI) cables scope on the Seagreen wind farm offshore Scotland, a joint venture project between SSE Renewables and TotalEnergies. The inter-array cable team completed the termination and testing last weekend and
Saudi Arabia and France have agreed to strengthen their cooperation in the field of energy, acknowledging that energy is one of the main pillars of their mutual long-term partnership. The two countries affirmed their commitments by signing a Memorandum of Understanding (MoU) on 2 February 2023. Both
