
Two United Arab Emirates-controlled oil and gas giants have revealed a $3.6 billion project to decarbonise offshore operations.

Vantage Drilling and ADES are taking their relationship to the next level following an agreement under which Vantage will sell three of its jack-ups to ADES.

The Energy Agency of the Basque Government (EVE) has opened a preliminary market consultation for the procurement of new air turbines for the Mutriku wave power plant.

Swedish marine energy company Minesto has found that, based on analysed production data and verified simulations, its utility-scale Dragon Class tidal power plants are each projected to produce 3.5GWh of clean electricity per year at identified sites.

Energy majors Equinor, Shell, TotalEnergies, Gassco and classification society DNV have unveiled the launch of a new joint industry project (JIP) to develop low-pressure solutions for the transportation of CO2 by ships.

Advent Technologies Holdings’ fuel cell unit for the maritime sector – developed within the frame of the RiverCell Consortium – has passed safety testing, as well as a safety assessment completed by classification society DNV.

The Oil and Gas Authority is supporting the launch of a new climate compatibility checkpoint for the oil and gas industry.

Petronas and Posco have joined forces to collaborate on evaluating and exploring CCS potential in Malaysia.

Japanese shipping firm Mitsui O.S.K. Lines (MOL) and its compatriot maritime technology company JRCS are planning to jointly research the use of AI-based object recognition technology to support watchkeeping aboard vessels.

The first large cruise ship built in China has been floated out at Shanghai Waigaoqiao Shipbuilding (SWS) shipyard, part of China State Shipbuilding Corporation (CSSC).

Logistic facilitator Abu Dhabi Ports (AD Ports) has signed four strategic agreements and a Head of Terms Agreement (HoT) with Jordan’s Aqaba Development Corporation (ADC) for the development of a new cruise terminal in Aqaba.

The Port of Long Beach has partnered up with the US technology consulting firm UNCOMN to launch a free-to-stakeholders cargo visibility service software.

Lundin Energy has increased its interest in the next Barents Sea production hub while Equinor has agreed to continue the operatorship.

French tidal energy company Sabella has announced plans to launch a crowdfunding campaign to finance its tidal power research and project activities.