Moody’s has placed ratings of Wintershall Dea on review for downgrade, reflecting downside credit risks stemming from the potential for more severe sanctions against Russian businesses to affect the company’s operations.
Norwegian survey services provider Magseis Fairfield has entered into an agreement with compatriot Carbon Transition to acquire its proprietary node-on-a-rope business.
Danish wave energy developer Resen Waves has opened an investment opportunity to support the company’s growth and global roll-out of its smart power buoys.
The members of GIIGNL, the International Association of LNG Importers, say they are fully available to help ensure a stable supply of LNG facing energy security crises due to Russia’s attack on Ukraine.
War in Ukraine could result in as much as 1 million bpd of oil demand being removed from the global market, research by Rystad Energy shows.
Texas-based subsea technology firm Deep Down has decided to change its name in pursuit of energizing the future of the subsea energy sector.
Oil prices touched a peak of $113 per barrel and eased to $111 on Wednesday amid fears about the impact of Russia’s attack on Ukraine and the resulting sanctions.
Eco Wave Power has outlined plans to relocate its wave energy power plant from Gibraltar to AltaSea’s premises in the Port of Los Angeles.
Scottish company Mocean Energy has secured €875,000 to accelerate the commercial roll-out of its wave energy technology and drive its adoption in offshore oil and gas sector.
Swedish-Israeli wave energy company Eco Wave Power has released its financial report for 2021, showing a wider net loss, but also an increase in revenues when compared to a year before.
The UK’s underwater industry will create an estimated 180,000 new jobs and around £20 billion or more in exports by 2035, according to the Global Underwater Hub (GUH). GUH’s recent survey of the sector revealed that almost 90% of subsea companies expect to recruit in the next 12 months, with a longe
Eco Wave Power has informed it plans to apply for delisting from Nasdaq First North Growth Market, shifting the attention to the Nasdaq Capital Market in the United States.
Norwegian shipping company Hagland Shipping has signed a contract with Dutch shipyard Royal Bodewes for the construction of one additional 5,000 dwt self-discharging bulk carrier.
Among numerous energy transition initiatives, the ones that stood out the most this week were enacted by governments which truly do have the power to bring about the long-overdue upgrade to our energy landscape.
