As three oil and gas players — Chevron, Anadarko, and Westlawn — have forged a consortium to pursue hydrocarbon exploration off the coast of Peru, the results of a previously undertaken 3D marine seismic survey are the first item on their agenda, followed by a drill-or-drop decision.
UK’s electrolyzer manufacturer ITM Power has entered into a capacity reservation agreement with German energy company RWE for 150 MW of NEPTUNE V units.
Natural Resources Canada (NRCan) has allocated $10.7 million in federal funding for two projects aimed at advancing tidal energy monitoring in the Bay of Fundy. The funding, delivered through the Energy Innovation Program, will support the Ocean Sensors Innovation Platform (OSIP) led by the Fundy Oc
Norwegian energy data and intelligence company TGS and French geophysical services company Viridien, formerly CGG, have completed the acquisition of an ultra-long offset ocean bottom node (OBN) survey in the Gulf of America (Gulf of Mexico). The Laconia Phase III ultra-long offset OBN survey include
The Netherlands-based shipbuilder Damen Shipyards Group has entered into an agreement with compatriot electric propulsion systems manufacturer AAAPropulsion to apply the latter company’s propulsion solution on the former’s electric tugs. As disclosed, the two partners have teamed up to see how AAAPr
TURBO-METH, a green methanol production technology project backed by the UK’s port operator Associated British Ports (ABP), has secured funding as part of the UK Department for Transport’s Clean Maritime Demonstration Competition (CMDC) 6.
Swedish wave energy developer CorPower Ocean has completed a geophysical survey offshore Aguçadoura, northern Portugal, which supports the demonstration of its C5 wave energy technology and prepares the groundwork for the planned 10 MW project. The Portuguese Directorate-General for Natural Resource
Dutch container terminal operator Inland Terminals Group (ITG), compatriot inland shipping company Zero Emission Services (ZES) and logistics company Nedcargo have launched fully emission-free container transport on inland waterways.
South Korea’s trading company POSCO International has signed a memorandum of understanding (MoU) with Korea Southern Power to promote the domestic LNG bunkering business.
A consortium comprising the Scottish Heriot-Watt University’s Industrial Decarbonisation Research and Innovation Centre (IDRIC), IT and business consulting firm CGI, and Maritime UK has clinched over £1 million (roughly $1.3 million) from the United Kingdom government to craft a new digital twin sol
HyOrc has signed a definitive joint venture (JV) agreement with Start to co-develop and operate a network of green methanol plants in Portugal.
Neowave Energy, a Colombia-based startup, is moving forward with the development of its wave energy converter (WEC). The company has designed, manufactured, installed, and analyzed a small-scale version of its device in the Universidad Nacional de Colombia wave flume. According to Neowave, the tests
The Singapore-based Global Centre for Maritime Decarbonisation (GCMD) has released a new report detailing the effects of continuous utilization of biofuels during ship operations. The project titled LOTUS (Long-term impact of continuous use of biofuels on vessel operations) was carried out in collab
Japanese shipping company NYK has signed a new agreement with carbon capture, utilization, and sequestration (CCUS) company 1PointFive to purchase carbon dioxide removal (CDR) credits, neutralizing residual emissions and contributing to achieving net-zero by 2050.
