In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp
The ITEG (Integrating Tidal Energy into the Grid) project has launched a study into the social acceptance of tidal energy and hydrogen technologies.
Ocean Energy Europe has welcomed the political initiative for raising renewable energy share target in the revised EU Renewable Energy Directive (RED III) to 45% that would also include more diverse energy sources.
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
