Everfuel, a Danish green hydrogen provider, and Hy24, managing a clean hydrogen infrastructure fund, have partnered up for the creation of a joint venture (JV) to finance the development of electrolyser capacity across the Nordics. The agreement includes plans to invest a total of €200 million in eq
Sparrows Group has appointed a drilling services manager for Europe, as it looks to reinvigorate its North Sea offering with drilling services capabilities.
Norwegian shipowner Belships has entered into agreements to acquire three new Ultramax bulk carriers which are being constructed at Japanese shipyards. The Japanese-design Ultramax bulk carriers represent the highest quality and lowest fuel consumption available in the market today, Belships said. T
Noble Corporation has reaped the benefits of its combination with Maersk Drilling, as shown within its results for 4Q 2022.
Norwegian company Havkraft has teamed up with a consultancy Translucidus to develop wave energy projects in Oman.
Essar Group, invested in energy, metals and mining, infrastructure, and technology sectors, has announced the formation of Essar Energy Transition (EET) to drive energy transition in the UK and India. According to Essar, EET plans to invest a total of $3.6 billion in developing a range of low-carbon
Swedish company Minesto has signed a collaboration agreement with Taiwan Cement Green Energy (TCCGE) to pursue tidal and ocean current energy buildout in Taiwan.
SFC Energy, a Germany-based supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power supply solutions, and FC TecNrgy, India’s fuel cell-based alternate energy and power management solution provider, have entered into a strategic cooperation agreement to build a new manufa
SBM Offshore is working on several FPSO projects and two of these vessels are expected to achieve the first oil this year.
After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.
In response to the expected strengthening of decarbonization goals for the shipping industry, South Korea has released a strategy aiming to decarbonize its shipping industry by 2050. The strategy is being released ahead of the anticipated 80th meeting of the Marine Environment Protection Committee (
Due to high prices and the demand for energy security, the US is poised to become the leading exporter of LNG in 2023 and potentially pave the way for $100 billion in new developments to support long-term growth, according to a new report from energy intelligence group Wood Mackenzie. In 2022, the U
In its new report ‘Blue Hydrogen Production and Markets 2023-2033: Technologies, Forecasts, Players,’ technology company IDTechEx has forecasted that the global blue hydrogen market will grow to reach $34 billion by 2033. The company predicted that future blue hydrogen demand will be mainly driven b
Transocean is anticipating further growth in rig demand over the coming years, which will bring higher day rates and fleet utilisation.
