Carnegie Clean Energy’s wholly owned subsidiary, Carnegie Technologies Spain, has received an advance payment of €1,171,800 from the Spanish government to support the construction of the first CETO wave energy technology unit in Europe. According to Carnegie, the funding was awarded through Spain’s
Following regulatory approvals from relevant authorities, Marseille-based logistics and shipping giant CMA CGM has closed the acquisition of Santos Brasil Participações, a major Brazilian multi-terminal operator. As divulged, the company has wrapped up the purchase of 47.9% of the terminal operator.
Italy’s oil & gas giant Eni has reached financial close with the UK Government for a carbon capture and storage (CCS) project in northern England, now free to move to the construction phase. Eni announced today, April 24, that it had reached financial close with the Department of Energy Security and
Dutch geo-data specialist Fugro has won a contract to perform surveys for an oil project located off the coast of Newfoundland and Labrador being developed by Norwegian state-owned energy firm Equinor. In its financial results for the first quarter of 2025, issued today, April 24, Fugro reported tha
UK-based and AIM-listed Sunda Energy, formerly Baron Oil, has signed multiple agreements related to the drilling campaign it intends to undertake on a gas field offshore Timor-Leste.
U.S. subsea engineering and applied technology firm Oceaneering International has achieved a revenue of $675 million in the first quarter of 2025, a 13% increase year over year, outperforming expectations due to “resilient utilization of remotely operated vehicles (ROVs) and strong vessel activity”.
Dry bulk shipping company Golden Ocean Group (GOGL) and Belgian shipowner CMB.TECH have signed a term sheet for a contemplated merger, which is expected to create “one of the largest diversified listed maritime groups in the world” with a combined fleet of more than 250 vessels.
International oil & gas company Trident Energy has signed a SaaS license agreement with Enaimco, a Canadian technology company delivering digital solutions for subsea operations, for the provision of digital twin for its subsea assets in Equatorial Guinea. “Trident Energy has been exploring global d
Siemens Energy has completed the piling works for the new converter station on the German side of what will be the first direct energy link between the UK and Germany. With converter stations on the Isle of Grain in Kent and Wilhelmshaven in northern Germany, the 725-kilometer NeuConnect interconnec
California’s Port of Hueneme has received an additional $4 million in funding to complete its shore power project on North Terminal, aiming to reduce vessel emissions and improve air quality.
Norway’s oil and gas player Vår Energi has published the interim report for the first quarter of 2025, disclosing what it says are strong results in line with expectations.
Techano Oceanlift, a subsidiary of Oslo-listed Nekkar, has secured a contract with Hercules Supply to supply an offshore crane for a newbuild multi-purpose supply vessel (MPSV) being constructed in China. The 70-ton capacity knuckle boom crane is capable of performing subsea construction work and to
The Board of Directors of Adani Ports and Special Economic Zone (APSEZ), India’s integrated transport utility company, has approved the acquisition of Abbot Point Port Holdings (APPH), the holder of the entities which own and operate the North Queensland Export Terminal (NQXT) in Australia, from Car
Marine geophysical service provider PXGEO has appointed a new chief executive officer (CEO) and executive chairman, who previously held the chief operating officer (COO) position at Oceaneering International. According to PXGEO, the appointment of Charles ‘Chuck’ Davison Jnr., effective immediately,
