With the latest news about Lidl and Kaufland entering a long-term offshore wind power offtake contract, and Mercedes-Benz announcing the same shortly prior to that, the list of big names signing up to buy offshore wind-generated electricity in Germany keeps growing. What lies behind this are both th
French LNG containment specialist GTT and PipeChina Innovation, a subsidiary of the state-owned PipeChina Group, have signed a cooperation agreement on GTT’s membrane technology for PipeChina’s upcoming LNG projects. The agreement was signed on the occasion of the visit of French President Emmanuel
Subsea robotics and engineering company Soil Machine Dynamics (SMD) has revealed its plans to exceed £100 million turnover within five years, which includes the electrification of its vehicles and two new facilities. To reach the turnover goal, SMD said it has ambitious recruitment targets and plans
The government of British Columbia has provided C$2 million ($1.5 million) to the University of Victoria Pacific Regional Institute for Marine Energy Discovery (PRIMED) for research into tidal energy technologies.
The number of offshore rigs in the U.S. slipped down to 17 units this week, based on Baker Hughes’ weekly rig count report.
International owners and operators of liquefied natural gas (LNG) carriers GasLog and GasLog Partners have entered into a definitive merger agreement. Following the offer announced in January 2023, the parties now signed the agreement pursuant to which GasLog will acquire all of the outstanding comm
Canadian engineering, logistics, and energy company ATCO, through its investment in Canadian Utilities Limited, is collaborating with Japanese company Kansai Electric Power to develop an integrated clean fuels supply chain between Canada and Japan. The two companies have completed a pre-feasibility
Dutch shipbuilder Damen Shipyards Group posted a revenue of €2.5 billion for 2022 for the first time in the company’s history. The shipbuilder said that the achievement was made despite the effects of the war in Ukraine, which had, and continues to have, a significant impact on business operations.
Baker Hughes’ international rig count report shows that the number of offshore rigs was on the rise in March 2023, surging upward by 6 units.
The Port of Virginia has revealed that it is investing $18 million in Virginia Inland Port (VIP) and Richmond Marine Terminal (RMT) to expand and modernize operations.
eFuels company HIF Global and energy company Idemitsu Kosan have made a strategic cooperation agreement to accelerate the production of carbon-neutral eFuels. According to the companies’ statement, the cooperation will focus on the purchase of eFuels by Idemitsu from HIF eFuels facilities worldwide,
Norwegian regulator has given Vår Energi consent to deploy one of Floatel’s semi-submersible support vessels at a field in the North Sea.
DNO has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of the Odfjell Drilling-managed rigs.
Greece-based Asso.subsea has developed what is said to be the company’s most advanced jetting remotely operated vehicle (ROV) for post-lay burial operations. The AssoJet III Mk2 is a newly built jetting vehicle for cohesionless soil, based on full in-house design. Equipped with over 1.5 MW of availa
