Scottish company Orbital Marine Power has completed the operational finance of the world’s most powerful tidal turbine, securing £8 million (€9.2 million) via the Scottish National Investment Bank and individual investors.
Norwegian container tonnage provider MPC Container Ships ASA has ordered two carbon-neutral 1,300 TEU newbuildings at Chinese shipyard Taizhou Sanfu Ship Engineering.
A consortium led by Norwegian cleantech company TECO 2030, compatriot shipbuilder Umoe Mandal and maritime engineering company BLOM Maritime is developing a hydrogen-powered high-speed vessel with zero emissions under the “High-speed vessel of the future” project. Under the project, the county munic
The merger between Aker BP and Lundin’s E&P business has been completed, creating the largest listed E&P firm focused exclusively on the NCS.
After completing the farm-in agreement with OMV, Longboat Energy anticipates the drilling of the first of two wells to be done this month.
Hydro Drilling will deploy Nabors’ technologies and services in Europe and Africa to improve hydrocarbon production and curb emissions.
UK-based company Global OTEC has signed what’s said to be the world’s first deal to develop a power purchase agreement (PPA) for a 1.5MW floating ocean thermal energy conversion (OTEC) platform offshore São Tomé island.
Dutch geo-data specialist Fugro has contracted compatriot offshore lifting equipment provider KenzFigee for the design and delivery of a launch and recovery system (LARS), part of Fugro’s geotechnical system Blue Snake. The Fugro Blue Snake is an integrated LARS and seabed research system combining
Despite the projections stating the global energy investments are to reach $2.4 trillion this year, much more is still needed to successfully tackle the issues of energy security and climate crises globally
SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia
Vår Energi has entered into a strategic partnership agreement with Aker Solutions, Havfram and Saipem for the delivery of subsea production systems for all upcoming subsea projects for the next five years. As disclosed, the partnership covers the fabrication, delivery, and installation of subsea pro
Equinor has inked a deal to transfer a majority stake and operatorship of its field in the Gulf of Mexico to Shell.
Bharat Heavy Electricals Limited (BHEL) has awarded an asset operations contract to Norway-based cleantech company Skyfri for its floating solar project in Kerala, India.
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has become a signatory to the UN Global Compact Sustainable Ocean Principles.
