Swedish energy-tech company SeaTwirl and UK-based energy management and energy storage firm Verlume have inked a memorandum of understanding (MoU) to collaborate on the electrification of offshore assets and decarbonization of the oil and gas industry. The MoU will see the two companies identify and
QatarEnergy has signed multi-year time-charter party agreements with Nakilat for operating 25 LNG vessels as part of its historic extension.
Energean is looking forward to receiving a 30-year production license soon for an area where a string of gas discoveries was made in 2022.
Producer of equipment for the farming industry, AKVA Group, has established a partnership with Norwegian floating solar company Inseanergy to use floating solar energy to operate fish farming operations in Chile. According to AKVA Group, the partnership focuses on the shift from fossil fuels to sola
Fugro’s geophysical vessel Fugro Pioneer is ready to be equipped with methanol engines following the conversion of the main components on board. The vessel was converted in the Netherlands as part of the Fugro-led Methanol as Energy Step Towards Emission-free Dutch Shipping (MENENS) consortium with
Vaalco Energy has received the seal of approval from the government of Equatorial Guinea for the joint operating agreement (JOA).
Noble Corporation has embarked on the fleetwide rollout of a digital emission-monitoring solution, which has now been fitted on 29 rigs.
ExxonMobil and JERA signed a project framework agreement to explore the development of a low-carbon hydrogen and ammonia production.
Petronas has booked three jack-up rigs from Velesto, a compatriot rig owner, for more drilling operations off the coast of Malaysia.
Türkiye is planning to embark on further drilling activities in the Black Sea during 2024 in the hopes of finding more hydrocarbons.
TotalEnergies has restarted gas production from its giant redevelopment project in the Danish sector of the North Sea.
EU-backed SafeWAVE project, short for Streamlining the Assessment of Environmental Effects of Wave Energy, has been prolonged until June 2024.The decision to extend the project was revealed on March 20, stating it will enable SafeWave to make more progress in utilizing the abundant marine renewable
Hanseatic Energy Hub (HEH), Germany’s first land-based terminal for liquefied gases in Stade, has reached the final investment decision (FID) and is preparing for the official groundbreaking ceremony.
The Welsh government has revealed winners of the Tidal Lagoon Challenge, a program committed to making Wales a world center for emerging tidal energy technologies. The £750,000 (approximately $945,000) program was launched in June 2023, seeking to select at least three research projects that will he
