Italy could install up to 1 GW of offshore solar capacity in the next five years, enough to supply electricity to around half a million households annually, according to estimates of a new position paper by the Italian Association of Offshore Renewable Energy (AERO). Unveiled by SolarinBlue, the rep
U.S.-headquartered Halliburton has been awarded technical assessment work by Perth-headquartered InCapture and its joint venture partners for a carbon capture and storage (CCS) project offshore Australia, with the companies also having signed a collaboration agreement. The greenhouse gas assessment
Samsung E&A has acquired a 9.1% stake in Nel ASA for approximately $33 million and signed a strategic partnership agreement.
Shell is eyeing a field development plan (FDP) and a final investment decision (FID) in 2027 for its recent natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS).
Sefine Shipyard has contracted Techano Oceanlift, a subsidiary of Oslo-listed Nekkar, to deliver 150-tonne cranes for two newbuild construction support vessels (CSVs) ordered by Norwegian offshore energy vessel and service providers. One of the cranes is already in production for a CSV ordered joint
A collision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea, north of England, put both vessels on fire, which has since been brought under control.
The stage has been set to embark on offshore activities to put a mooring system for a floating liquefied natural gas (FLNG) unit in place off the coast of Congo, Africa.
Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which are slated to be drilled next month using a semi-submersible rig owned by Odfjell Drilling.
With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.
Japan’s shipping heavyweight Mitsui O.S.K. Lines (MOL) is set to purchase LBC Tank Terminals, a Dutch tank terminal operator focused on handling and storing chemical cargo in Europe and the US, in a deal worth a whopping $1.7 billion. As disclosed, the deal was signed on March 7, 2025, and is now pe
The aft part of the highly customized hybrid power cable lay and construction vessel that VARD is building for the Japanese offshore wind market has arrived at the company’s Tulcea shipyard where it will be joined with the forward parts of the hull. The Norwegian ship designer and shipbuilder held t
Greece has reaffirmed its commitment to constructing a subsea power link to Cyprus following reports that the project was halted over financial and geopolitical concerns, Reuters reported. The 1,240-kilometer Great Sea Interconnector, previously known as the EuroAsia Interconnector, is envisioned to
The U.S. Department of Energy (DOE) has given its fourth blessing for a liquefied natural gas (LNG) project since the return of President Donal J. Trump to the White House, prolonging the timeline to kick off LNG exports from a terminal off the coast of Louisiana, USA.
Keppel Infrastructure Fund (KIF) and its co-investor have acquired a 100% stake in subsea cable solutions provider Global Marine Group (GMG) from investment affiliates of J.F. Lehman & Company, marking the fund’s first investment. The UK-headquartered GMG operates a fleet of six vessels and offers c
