Brazilian mining company Vale and compatriot oil and gas giant Petrobras have formed a commercial partnership to test a biofuel blend with 24% second-generation biodiesel on a Vale-chartered ship.
DEMCON Unmanned Systems has carried out inspection tests using one of its uncrewed vessels during a wave energy converter (WEC) trial by The Hague-based Wave Energy Collective (Weco), off the coast of Scheveningen, the Netherlands. According to DEMCON Unmanned Systems, the demonstration aimed to ass
Italy’s oil & gas giant Eni has reached financial close with the UK Government for a carbon capture and storage (CCS) project in northern England, now free to move to the construction phase. Eni announced today, April 24, that it had reached financial close with the Department of Energy Security and
The UK Department for Energy Security and Net Zero (DESNZ) and the German Federal Ministry for Economic Affairs and Climate Action (BMWK) have presented the results of the joint feasibility study on the potential pipeline-based hydrogen trade between the UK and Germany.
Stolthaven Terminals has partnered with Rönesans Holding on the development of a new terminal, located in Ceyhan, Adana, Türkiye.
Dutch geo-data specialist Fugro has won a contract to perform surveys for an oil project located off the coast of Newfoundland and Labrador being developed by Norwegian state-owned energy firm Equinor. In its financial results for the first quarter of 2025, issued today, April 24, Fugro reported tha
Danish shipping company Norden, in collaboration with renewable energy company MASH Makes, has completed the “world’s first” commercial vessel trial using biofuel produced from a carbon-negative process.
U.S. subsea engineering and applied technology firm Oceaneering International has achieved a revenue of $675 million in the first quarter of 2025, a 13% increase year over year, outperforming expectations due to “resilient utilization of remotely operated vehicles (ROVs) and strong vessel activity”.
Wave energy developer Eco Wave Power has signed a manufacturing agreement with California-based All-Ways Metal for the production of floaters for its first U.S. wave energy installation at the Port of Los Angeles. All-Ways Metal, a woman-owned fabrication company, is expected to deliver the floaters
Dry bulk shipping company Golden Ocean Group (GOGL) and Belgian shipowner CMB.TECH have signed a term sheet for a contemplated merger, which is expected to create “one of the largest diversified listed maritime groups in the world” with a combined fleet of more than 250 vessels.
The proposed South Korea–Europe Green Shipping Corridor (GSC) could cut carbon emissions by over 70% along key trade routes between Pyeongtaek Port and major European automotive hubs, a new report found.
International oil & gas company Trident Energy has signed a SaaS license agreement with Enaimco, a Canadian technology company delivering digital solutions for subsea operations, for the provision of digital twin for its subsea assets in Equatorial Guinea. “Trident Energy has been exploring global d
As India recently unveiled plans to spend billions of US dollars to revamp the domestic maritime industry, Dutch shipbuilder Damen is jumping on the bandwagon to support the envisaged transformation of the South Asian country’s maritime sector.
The Port of Rotterdam, one of Europe’s major energy hubs, has partnered with Brazilian Vast Infraestrutura, a Prumo Group company providing oil transshipment services, to study the electrification of oil tankers at berth globally.
