Five Canadian ports have signed an MoU with the North Sea Port to collaborate on strengthening trade and accelerating energy transition.
Norwegian Offshore Rental (NOR) is entering the Asia-Pacific (APAC) market through the acquisition of Clockwise Subsea, a provider of rental and sale of marine equipment to the civil, marine, renewable and oil & gas sectors. Established in 2017, Clockwise Subsea is based in Singapore, Malaysia and I
U.S.-headquartered offshore engineering and construction player McDermott has completed offshore installation and commissioning activities for a project offshore East Malaysia ahead of schedule. The contract, awarded by PTTEP Sabah Oil (PTTEP) in early 2024, involved deepwater work at approximately
Mitsubishi Gas Chemical, Methanol Reformer and Element 1 have signed a memorandum of understanding (MoU) to collaborate on the development and commercialization of hydrogen solutions by methanol reforming technology.
UK-based classification society Lloyd’s Register (LR) has joined the LOWNOISER project, a new initiative aimed at tackling underwater noise pollution caused by maritime traffic.
Mitsubishi Shipbuilding and Nippon Gas Line jointly obtained approval in principle (AiP) for a low-pressure type liquefied CO2 (LCO2) carrier for coastal transportation.
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with compatriot car exporter Be Forward for pure car carrier book and claim service for used car transport to Africa.
Wave energy developer Eco Wave Power has unveiled that it will sign a collaboration agreement with a Fortune 500 Indian company for the first wave energy pilot project in Maharashtra, India. Alongside the agreement, the company will showcase its wave energy generation model in New Delhi, demonstrat
Ascenz Marorka, a smart shipping arm of France’s GTT Group, has formed a commercial partnership with Greek company Piraeus Marine Services to strengthen its position in providing one-stop maritime decarbonization solutions for shipyards and shipping companies in Greece.
Singapore-based Canopy Power and Norway’s Ocean Sun have formed a strategic partnership to deploy floating solar technology in Australia, aiming to accelerate renewable energy solutions while addressing land and water scarcity challenges. The collaboration introduces Ocean Sun’s patented circular me
Norwegian oil & gas company Vår Energi has signed a pre-commitment agreement with OneSubsea, a joint venture (JV) backed by SLB, Aker Solutions and Subsea7, for the delivery of subsea production systems (SPS), a move expected to shorten subsea tie-back development time by up to one year. Under the S
Germany’s Securing Energy for Europe (SEFE) has signed a memorandum of understanding (MoU) with Saudi Arabia’s ACWA Power for the production and supply of green hydrogen to Europe.
Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration and Singapore’s tender-assisted drilling provider Energy Drilling have signed a letter of intent (LoI) to merge into a combined company that would offer diversified offshore oil & gas services. The transaction will
South Korea’s Hanwha Ocean and Hanwha Power Systems have formed a partnership with energy technology firm Baker Hughes to design and develop a new small-size ammonia gas turbine, with an aim to achieve carbon-free ship operations.
