
Wagenborg Foxdrill has secured a contract for offshore derrick removal in Congo with a turnkey contractor for Perenco’s platform conversion.

German automotive and industrial supplier Schaeffler has signed a letter of intent (LOI) with French hydrogen producer Lhyfe that includes a technology partnership, green hydrogen, and a 15 MW industrial electrolysis plant in Herzogenaurach, Germany. The first part of the agreement is in regard to g

The Port of Narvik and Norwegian company Plug Nord have been awarded NOK 10.7 million (€1.02 million) in funding from Enova to build shore power for cruise ships.

Aquadrill has extended the charter hire agreement with a subsidiary of Diamond Offshore Drilling for one of its drillships.

Italian shipbuilder Fincantieri has laid out its strategy for the upcoming period putting a major focus on building up its competencies in the construction of digital and net zero ships. The company’s 2023-2027 Business Plan aims to create greater synergies between the company’s cruise, defense, and

Westwood has outlined that 2022 will have the highest floating production system (FPS) throughput capacity sanctioned since 2010.

Ørsted-led Power-to-X project Green Fuels for Denmark has been awarded DKK 600 million (around $86 million) by the Danish Business Authority as part of Denmark’s participation in the Important Project of Common European Interest (IPCEI) programme. The project, which is being developed by Ørsted in p

Norwegian regulator has carried out an audit of Vår Energi and its management of barriers and maintenance on an FPSO modification project.

Equinor has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

Carbon capture and removal solutions provider Svante has raised $318 million to accelerate the manufacturing of its carbon capture technology, with Chevron New Energies (CNE), Chevron USA’s unit focusing on low-carbon, being the lead investor in its Series E fundraising round. “We are advancing a fu

American Bureau of Shipping has released a set of requirements to guide the industry in the application of carbon capture technology at sea. The rules have been developed working with shipyards, ship owners, and operators, and they focus on wet scrubbing post-combustion technologies. “Carbon capture

Norwegian offshore safety regulator has carried out an audit at one of the Equinor-operated North Sea platforms.

Swedish wave energy company Waves4Power and Indonesia’s state-owned electric utility PLN Indonesia Power has signed a memorandum of understanding (MoU) to develop WaveEL wave energy parks on a large scale in the world’s largest archipelagic state.

Beach Energy has lodged consent applications with the Environmental Protection Authority (EPA) related to offshore drilling in Taranaki.