Norwegian seismic data company TGS has made an offer to buy compatriot Magseis Fairfield in a deal that values the seismic player at NOK 2.33 billion (approximately $237 million). The two companies entered into a transaction agreement whereby TGS, on and subject to certain terms and conditions, will
The Netherlands Authority for Consumers and Markets (ACM) has given approval to competitors Shell and TotalEnergies to collaborate on CO2 storage in empty natural-gas fields in the North Sea. Shell and TotalEnergies plan to store CO2 on a large scale as part of the Aramis project, collaborating with
UN Coordinator has urged the public to help with funding to head off a decaying oil tanker threat and prevent an oil spill in the Red Sea.
QatarEnergy has joined an industry initiative, which aims to eliminate methane emissions from the oil and gas industry by 2030.
French shipping giant CMA CGM Group and oil and gas company Shell have entered into agreements to work together towards accelerating the decarbonisation of the marine sector. Specifically, the partners have signed include a multi-year deal for the supply of liquefied natural gas (LNG) to CMA CGM’s 1
The consortium behind the FLOating RAdar (FLORA) project has held the kick-off meeting to formalize the start of a scheme that will develop and demonstrate an industrial-scale prototype of a multi-purpose ocean station with renewable energy generation and operational oceanography capabilities: the F
Swedish eMethanol producer has signed an agreement with compatriot energy services provider Sundsvall Energi outlining the parties’ intentions for the development of a 100,000 t electrofuel facility.
Swedish ship management and ship design company Wallenius Marine and Danish naval architecture and design firm Knud E. Hansen have signed an agreement for the latter to join the project of designing the world’s first wind-powered roll-on/roll-off (RoRo) vessel.
The U. S. and the EU will intensify efforts to ensure energy security and reduce emissions while pursuing diversification of energy supplies.
Ocean Renewable Power Company (ORPC) has signed an agreement with the Municipality of Chile Chico in the Aysén region of Patagonia to install a RivGen power system in the area in 2023.
The Killybegs Fishermen’s Organisation and Sinbad Marine Services have proposed a floating wind farm to be built more than 50 kilometres offshore Donegal, Ireland, and have signed a Memorandum of Understanding with Swedish floating wind developer and technology provider, Hexicon, to bring the projec
The EU has strengthened its energy cooperation with Norway through a new deal, aiming to secure its energy independence from Russia.
The Dutch Port of Rotterdam Authority and energy company Eneco revealed plans to construct shore-based power facilities in the Waalhaven, Rotterdam, so that moored Boskalis vessels can run on green electricity instead of fossil fuels.
Classification society Bureau Veritas (BV) and energy major TotalEnergies have carried out a joint study aiming at de-risking the use of ammonia as a marine fuel, with a specific focus on leak mitigation and treatment. The joint preliminary study evaluated the health and safety risks from ammonia le
