Norwegian ship designer and shipbuilder Vard, part of Fincantieri, has appointed the current chief executive officer (CEO) of compatriot shipbuilder and designer Ulstein Group as its new CEO. Cathrine Kristiseter Marti, who will take over as the new CEO of Vard starting June 1, 2024, comes from the
Oslo-headquartered Yara Clean Ammonia has appointed Hans Olav Raen as the new Chief Executive Officer (CEO), effective May 1, 2024.
The Industrial Center for Doctoral Training in Offshore Renewable Energy (IDCORE) has secured £6 million (around $7.5 million) from the UK’s funding body, the Engineering and Physical Sciences Research Council (EPSRC), allowing the program to continue delivering education and expanding the partnersh
Swedish company CorPower Ocean has been chosen to join the EIC Scaling Club, an EU-backed community of 100+ European high-growth deep-tech champions and their partners. Supported by the European Innovation Council, a flagship program of the European Commission with a budget exceeding €10 billion, th
Ocean Energy Europe (OEE), a network of ocean energy professionals, has selected new Co-Presidents and Directors who will lead the ocean energy sector through a transitional period. The appointed Co-Presidents are Guillaume Gréau, Head of Business Development for HydroQuest, France, and Patrik Mölle
Australian oil and gas player Beach Energy is planning to reduce the headcount across the business by 30% as part of a move aimed at achieving efficiency and operational cost improvements. Beach Energy announced on February 12, 2024, it was undertaking a comprehensive strategic review that aims to r
Offshore energy infrastructure services company Acteon Group has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP), with a new Chief Executive Officer (CEO) taking the helm. According to Acteon, Buckthorn and OEP are making a substantial investment in the bus
Danish chemical ship-owning and chartering company Christiania Shipping has launched behavior change service Signol in a fuel efficiency project that uses StormGeo data to understand and increase crew members’ fuel-saving behavior.
The U.S. Department of Energy’s (DOE’s) Water Power Technologies Office (WPTO) has opened applications for the sixth annual Marine Energy Collegiate Competition (MECC). In the 2025 MECC, multidisciplinary teams are tasked with integrating marine energy with blue economy applications like ocean-power
Based on most recent reports, the fire incident at a platform offshore Gabon has resulted in five deaths while one person is still missing.
This wave of strike action will hit several platforms operated by BP, TAQA, CNR, Repsol, Serica, and CNOOC.
Canada’s oil and gas player Trillion Energy has appointed an interim CFO and is on the lookout for someone to fill the role permanently.
Three UK partners have come together to deliver a cross-sector program to support returners back to the underwater sector after a career break or to transfer their skills from another sector. The Global Underwater Hub and the Engineering Construction Industry Training Board (ECITB) have partnered wi
The dust has not settled yet over the Labour Party’s proposals to extend the windfall tax on UK oil and gas producers,
