Denmark has decided to speed up its renewable energy production and temporarily boost its gas output from the North Sea fields.
Oilfield services providers Halliburton & Baker Hughes revealed improvements in their 1Q 2022 financial performances on a y-o-y basis.
Solstad has secured multiple new deals for its PSVs and AHTS vessels thanks to the increased activity in the oil & gas and renewable sectors.
Dutch-based company Water2Energy (W2E) has optimized the test setup at the sluice gate in the Port of Flushing to increase the yield of its next-generation tidal energy turbine under trials at the site.
Norwegian company Sunlit Sea is ramping up the production capacity for its floating solar technology by transitioning from manual to automatic production at its facilities.
Japanese shipping company Mitsui O.S.K. Lines plans to deploy about 110 net zero emission ocean-going vessels by 2035.
The invasion of Ukraine has led to tighter gas supplies, higher prices, and an uncertain outlook, resulting in a downward revision to the IEA’s forecast for gas demand this year.
The National Renewable Energy Laboratory (NREL) has installed the first wave test tank at its Flatirons Campus in Colorado, which can help shepherd marine energy prototypes from abstract concepts to the market.
Taiwanese shipping company Yang Ming Marine Transport Corp. has approved the construction of five 15,000 TEU containerships that will be equipped with dual-fuel LNG marine engines.
Germany’s government has allocated about €2.5 billion ($2.7 billion) for four floating liquefied natural gas (LNG) terminals around the country.
Responding to the energy crisis instigated by the war in Ukraine, the Government of Spain has outlined a set of regulations for the installation of floating solar power plants on around a hundred state-owned hydropower reservoirs.
German shipbuilder Meyer Group and its counterpart Fassmer have decided to jointly acquire compatriot ship design company Neptun Ship Design.
Innosea, the international engineering, design and R&D consultancy within marine renewable energy sector, has expanded its European presence to the Spanish market.
Swedish marine energy developer Minesto has launched a detailed plan for large-scale build-out of tidal energy arrays in the Faroe Islands that will help bring the island country closer to 100% renewable energy.
