Canadian energy company Pieridae has decided to abandon plans to build the Goldboro LNG export project in Nova Scotia. In its financial and operating results for the third quarter of 2023 released on November 8, Pieridae stated it had initiated a process to sell its Goldboro subsidiary and associate
UK-based company HydroWing has unveiled plans for its 10MW tidal energy project in Wales, supported by the UK government’s renewables auction scheme, which will future next-generation Tocardo tidal turbines wit significant increases in yield.
Malaysia’s state-owned energy giant Petronas has started a new multi-client 2D seismic survey in the Langkasuka Basin offshore Malaysia to explore and map the hydrocarbon potential. The survey was launched in October in the northern area of the Straits of Melaka in the open blocks of PM320 and PM321
A Jacobs-led consortium of industry and academic organizations has been awarded funding from the UK government to help develop a new type of tidal turbine designed to improve the viability and potential of the country’s tidal range power projects.
CorPower Ocean’s C4 wave energy device, installed offshore Portugal, has survived another major storm off the country’s coast, withstanding waves of up to 18 meters.
RWE and Hyundai Engineering & Construction (Hyundai E&C), a subsidiary of South Korea’s Hyundai Motor Group, have signed a memorandum of understanding (MoU) to cooperate in the field of offshore wind and green hydrogen. The partners said they will work together to jointly develop offshore wind proje
Boskalis’ largest semi-sub heavy transport vessel has transported Shell’s new FPU, destined for deployment in the U.S. Gulf of Mexico.
Norway’s DOF Group has secured a contract with Subsea7 and signed an agreement with Maersk Supply Service for two construction vessels. DOF won a contract with Subsea7 for a time charter of the 2008-built Skandi Acergy, a construction vessel equipped with a 400-ton crane and 2,000 m2 deck that has i
The EU has taken steps to tackle methane emissions from the energy sector, with the European Parliament, Commission, and Council reaching a provisional agreement on the first EU-wide legislation to cut the methane footprint in Europe and its global supply chains.
UK-based XLCC has secured a £9 million grant from Scottish Enterprise to continue the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland. The grant follows planning approval of the proposed site from North Ayrshire Council in May. When fully operational, the site i
Eco (Atlantic) Oil & Gas is embarking on a search for new partners, after expanding its interest in a block offshore Guyana, thanks to the green light for the acquisition of Tullow Oil’s entire interest in Tullow Guyana (TGBV).
South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has revealed its plans to invest KRW 710 billion ($544 million) into next-generation shipbuilding technology and carbon-free fuels.
Petronas will pool resources with PetroVietnam to explore opportunities in the upstream, renewables, and downstream sectors in Vietnam.
State Grid Corporation of China has launched what – with a cable-carrying capacity of 10,000 tons and a displacement of 24,000 tons – is said to be China’s largest submarine cable construction ship. Qifan-19, developed independently by State Grid Corporation of China for Guojiao No.1 Brand, was laun
