Danish company Wavepiston and Export Barbados (BIDC), an agency of the Barbados Government, are set to explore the deployment of wave energy farms offshore Barbados. According to Wavepiston, Barbados and most of the Caribbean region hold a large potential for wave energy. Barbados has set a net-zero
Challenger Energy is in the process of selling a partial stake in a shallow water exploration block off the coast of Uruguay to Chevron.
Subsea power cable manufacturer NKT and aluminium and energy company Hydro have entered into a strategic partnership to accelerate the shift towards low-carbon aluminium and increase its role in reducing the carbon footprint of power cables. As part of the partnership that aims to further decarboniz
UK-based energy company Statera has appointed Norwegian energy services provider Aker Solutions as owner’s engineer for the first 500 MW phase of its 3 GW Kintore Hydrogen project in Aberdeenshire, Scotland. Under the contract, Aker Solutions will build on its process industry expertise within green
Norwegian RoRo shipping company Höegh Autoliners has been granted substantial million-dollar funding from local government enterprise responsible for the promotion of environmentally friendly production Enova for the construction of the world’s first ammonia-powered PCTCs.
Enauta is making progress in putting all the puzzle pieces together to bring an FPSO, destined to work at its field off Brazil, online later this year.
OceanStar has received a blessing from ABS in the form of a recent approval in principle (AIP) for its newbuild FSO design.
Talos Energy has wrapped up the acquisition of QuarterNorth Energy, expanding its deepwater portfolio in the U.S. Gulf of Mexico.
Japan Petroleum Exploration (JAPEX) and Invest Alberta Corporation (IAC), an investment attraction agency established by the government of Alberta, Canada, have formed a partnership seeking to develop projects in carbon capture and storage (CCS), carbon capture, utilization and storage (CCUS), bioen
To deliver a cost-effective net-zero energy system and with electricity consumption potentially trebling by 2050, the UK should seek to harness 27 GW of wave energy, according to research by Finland’s LUT University. LUT University investigated a series of potential scenarios for the UK and Ireland
Perenco has embarked on a five-well development drilling campaign at a field off the coast of Cameroon, Central Africa.
Thailand-headquartered subsea services provider Mermaid Maritime has established a joint venture company with a Vietnamese partner for the delivery of offshore subsea services in Vietnam. The JV company was established by Mermaid Subsea Services (Thailand) which holds 50% and Tan Cang Offshore Servi
Equinor has signed a call-off option with Multiconsult Norge for the engineering of the grid connection to Hammerfest LNG (HLNG).
Denmark’s Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund, has signed a memorandum of understanding (MoU) with Korea’s LOTTE Chemical Corporation to strengthen collaboration on clean ammonia projects. Under the MoU, the two companies will discuss and finalize agreements
