
Dutch-based technical specialist in the metallurgical industry Multimetaal has announced plans to invest in compatriot company Teamwork Technology to further advance its Symphony wave energy device.

Baker Hughes has secured two contracts by Petrobras to provide 322 kilometers of flexible pipes across five fields offshore Brazil. The first contract covers up to 96 kilometers of flexible pipe for the Sapinhoá and Tupi fields, while the second covers up to 226 kilometers of flexible pipe for the M

China’s Zhongtian Technology Submarine Cable (ZTT) has awarded Correll Services with contracts related to subsea cables at the Kaskasi II and Gode Wind 3 offshore wind projects in Germany. Correll Services will provide platform cable routing, termination and testing of 155kV subsea cables for the AC

Equinor, Petoro, Vår Energi, TotalEnergies have decided to develop the Lavrans discovery and the Kristin Q-discovery which is a part of the Kristin field.

Innovate UK, the UK’s innovation agency, has provided £297,000 in grant funding for Eco Wave Power Gibraltar-led project to develop a wave powered micro-grid system that will eventually be tested on the islands of Thailand.

South Korea-based shipbuilder STX Offshore & Shipbuilding has won multiple orders with Oceania-based shipping companies to build twelve tankers, the Korea Herald reports citing the company’s statement.

The chairman of UK oil and gas company Hurricane Energy, as well as all other non-executive directors, have resigned from the company’s board effective immediately.

Thai dry bulk owner and operator Precious Shipping has secured a sustainability-linked loan facility worth $85 million. The loan was inked with International Finance Corporation, Export-Import Bank of Thailand, and TMBThanachart Bank Public Company Limited, mainly to refinance four cement carriers a

Australian oil and gas industry association has labelled a new levy by the government related to decommissioning costs for Laminaria-Corallina oil fields as over the top and extreme.

Cerulean Winds, a company that recently unveiled a project for the production of green hydrogen and electrification of offshore oil & gas assets with 200 floating wind turbines off Scotland, has named the first of its delivery partners. The company has selected NOV as the exclusive provider of float

Following the award of three new contracts, Gulf Marine Services (GMS) now has all 13 vessels in its fleet under contract.

CMA CGM Sorbonne, the last LNG-fueled, 23,000 TEU containership out of a series of nine giant boxships being built in China, has been delivered to French shipping major CMA CGM.

Norwegian carbon tech company and driving force behind the Polaris carbon capture and storage project Horisont Energi has signed several letters of intent with major European companies, continuing its steady progress towards commercial carbon storage off the coast of Norway.

Solstad Offshore has secured a contract with Havfram, formerly known as Ocean Installer, for the construction support vessel (CSV) Normand Vision. The contract will commence in direct continuation of present agreement in place between the two companies. The firm period of the contract covers the maj