Swedish-Israeli wave energy company Eco Wave Power has released its financial report for the first quarter of 2022, showing a wider net loss and a drop in revenues compared to the same period in 2021. Eco Wave Power reported an increased net loss of SEK 6.7 million ($720,000) for the first three mon
Offshore drilling contractor Aquadrill has secured two new contracts, which will see it reactivating two assets.
IOG is looking forward to doubling the output at its North Sea gas project, after restoring the production following modifications.
Dry bulk shipping company Safe Bulkers has entered into an agreement for the acquisition of two energy-efficient Kamsarmax class vessels as part of its fleet renewal strategy. The company has ordered two 82,500 dwt dry bulk newbuilds from an undisclosed Chinese shipyard, scheduled for delivery withi
U.S.-based CSA Ocean Sciences has completed an Environmental Assessment Program (EAP) for a “major” offshore energy operator in Block 58 located some 115 kilometers offshore north Suriname. The EAP included an Environmental and Social Impact Assessment (ESIA) for a 3D seismic survey proposed in the
Norwegian oil and gas company Aker BP has made a minor gas and oil discovery near the Valhall field in the North Sea off Norway.
Woodside has completed the merger with BHP, creating the “largest energy company listed on the ASX and a top ten global independent.”
Snam is to acquire a floating storage and regasification unit (FSRU) Golar Tundra for $350 million from Bermuda-based LNG shipper Golar.
Canada’s Cenovus Energy and its partners have agreed to restart the West White Rose Project offshore Newfoundland and Labrador.
A three-day legal challenge against Shell and Impact Africa’s seismic surveys off the South African Wild Coast has begun at the Port Elizabeth High Court. The challenge will include the review of the exploration right that the Department of Mineral Resources and Energy (DMRE) granted for the activit
The G7 countries have pledged to end direct international public financing of the fossil fuels sector starting from the end of this year.
The European Union leaders have decided to ban almost 90 per cent of Russian oil by the end of the year following an agreement on the sixth round of sanctions against Russia.
Eco Wave Power has received approval from Nasdaq First North Growth Market Sweden for the delisting of its common shares, as part of the move to shift its focus on the U.S. market.
Singapore-based shipping company Ocean Network Express (ONE) has signed shipbuilding contracts with two shipyards for the construction of ten eco-efficient very large container ships (VLCS) as part of its green strategy. As disclosed, South Korean shipbuilder Hyundai Heavy Industries and its Japanes
