Econowind has received €1 million in development capital from Invest International to develop and test its steel wind sail for the deep-sea shipping market.
Shelf Drilling has decided to join forces with Arabian Drilling to expand their offshore drilling footprint.
Swedish wave energy technology developer CorPower Ocean has secured up to €17.5 million in funding from the European Innovation Council (EIC) Accelerator to support commercializing its wave energy solutions. The company noted that the funding package includes a €2.5 million grant and a €15 million p
SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has been tasked with a study encapsulating the design and the commercial evaluation of various carbon capture systems’ configurations to be installed on future floating production, stor
Japanese shipping companies NYK and ENEOS Ocean Corporation have revealed the name of the new company that will soon commence official operations as NYK’s subsidiary.
The Dutch company Van Oord has signed a contract with Equinor and Polenergia to perform seabed protection work at the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland. The contract covers the supply, transport, and installation of stone ripraps on the seabed to protect the cables and foundations.
Chevron Technical Center has expanded the strategic cooperation with France-headquartered seismic interpretation solutions firm Eliis to advance subsurface characterization through technology.
Petrobras has made a new oil discovery in the pre-salt area of its existing field off the coast of Brazil.
Construction has commenced on the Eastern Green Link 1 (EGL1) subsea electricity superhighway in the UK, which will transport green electricity for two million homes along over 190 kilometers of predominantly undersea cable linking the south-east of Scotland with the north-east of England. The 2 GW
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has kicked off the acceptance testing phase of its second Aquanaut vehicle, which facilitates the transformation of tethered remotely operated vehicle (ROV) operations to fully autonomous operations. Nauticus Ro
BP has brought online the second development phase of a field at the West Nile Delta (WND) concession in the Mediterranean within the Egyptian Exclusive Economic Zone (EEZ).
Australia’s energy giant Woodside has recorded an increase in proved reserves compared to the previous year, partly thanks to bringing online its project offshore Senegal.
BW Offshore has held a naming ceremony for its newbuild floating production storage and offloading (FPSO) vessel, which is on track to start work at a giant field off the coast of Australia in 2025.
Petrobras has confirmed the first oil from a new floating production, storage, and offloading (FPSO) unit, owned by the Netherlands-based SBM Offshore, as the vessel has begun operations at a huge field in the pre-salt Santos Basin off the coast of Brazil.
