Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 mil
Following conversion, DEME Group’s subsidiary G-tec has welcomed a new survey vessel that can completely run on biofuel to its fleet. The survey vessel Karina is equipped with a hull-mounted dual-head multibeam, side scan sonar, sub-bottom profilers, magnetometers and gradiometers frames to serve va
While samples were collected, analyses were “unable to definitively identify the oil source,” according to the U.S. Coast Guard.
DOF Group has secured a subsea engineering procurement removal and disposal (EPRD) contract with Norske Shell, a subsidiary of the UK-headquartered energy giant Shell, in the Atlantic region. DOF will deliver an integrated solution of project management, engineering, design, analysis and survey for
ADNOC has used more than 30 AI solutions across its full value chain to curb its emissions footprint while generating $500 million in value during 2023.
The Norwegian Ministry of Energy is inviting applications for two areas for CO2 injection and storage in the North Sea, representing the sixth time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced two areas for CO2 storag
In response to an oil sheen observed off the coast of Huntington Beach, 85 gallons of product has been recovered.
The UK has decided to pull out of the Energy Charter Treaty (ECT) and prolong the windfall tax on oil and gas producers’ profits.
Environmental Action Germany (Deutsche Umwelthilfe – DUH), a non-governmental environmental and consumer protection organization, has called for the adoption of a moratorium like the one in place in the U.S. to stop – what it deems to be – unbridled LNG expansion in Germany. As the German Minister f
Subsea power cable manufacturer NKT and aluminium and energy company Hydro have entered into a strategic partnership to accelerate the shift towards low-carbon aluminium and increase its role in reducing the carbon footprint of power cables. As part of the partnership that aims to further decarboniz
The European first major hydrogen corridor, the so-called H2Med project comprised of hydrogen interconnection between Portugal and Spain and a subsea pipeline connecting Spain and France (BarMar), is entering the next phase of its development with contracts for preliminary engineering and environmen
To deliver a cost-effective net-zero energy system and with electricity consumption potentially trebling by 2050, the UK should seek to harness 27 GW of wave energy, according to research by Finland’s LUT University. LUT University investigated a series of potential scenarios for the UK and Ireland
A Belize-flagged, UK-owned bulk carrier that sank in the Red Sea on March 2 after a missile attack is said to present an environmental risk that requires urgent action.
While offering its predictions for 2024, Wood Mackenzie has outlined several key themes to watch in global and corporate upstream sectors.
