UK-headquartered energy technology provider TechnipFMC has signed a memorandum of understanding (MoU) with the University of Namibia (UNAM) to co-develop specialized courses in subsea engineering and project management. According to TechnipFMC, the specialized courses are a part of the company’s bro
U.S.-based ammonia-to-power solutions provider Amogy has partnered with Japanese engineering company JGC to advance large-scale ammonia cracking technology for low-carbon hydrogen production.
Dutch geo-data solutions provider Fugro has joined the Methanol Institute (MI), a global trade association for the methanol industry, in line with transitioning its fleet of geotechnical and geophysical vessels to low-carbon fuels.
UK-based classification society Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with the Hydrogen Ship Technology Center at Pusan National University (PNU) in Korea to advance liquefied hydrogen carrier technology and cryogenic engineering.
Japanese major Mitsui & Co. has invested in Infinium Holdings, a U.S.-based provider of gas conversion solutions and developer of e-fuels technology and projects.
Ocean energy continued to advance towards commercialization in 2024, with new data from Ocean Energy Europe (OEE), a network of ocean energy professionals, showing growth across tidal and wave technology pipelines. According to OEE, the pipeline of pre-commercial tidal energy projects expanded furth
PT HDF Energy Indonesia has signed a memorandum of understanding (MoU) with the Indonesian Ministry of Transportation, PT PLN (Persero) and PT ASDP Indonesia Ferry (Persero) to explore decarbonizing Indonesia’s maritime sector using locally produced green hydrogen.
INEOS, on behalf of Project Greensand, has signed a cross-border agreement with Öresundskraft Kraft & Värme to explore the storage of CO2 from Sweden at the Greensand offshore storage facility in the Danish North Sea, starting from 2028. The agreement will see the partners explore the storage of up
Nexans has been tasked to carry out subsea cable repair on the electricity transmission link between Finland and Estonia that was damaged at the end of December 2024, with the activities set to begin in May and the link expected to start operating again in July. To remind, Finnish transmission syste
Porpoise Power, a tidal energy spin-out from the University of Oxford, has exited stealth with a £1.2 million (approximately $1.58M) pre-seed round led by Zero Carbon Capital (ZCC), alongside Creator Fund and Oxford Science Enterprises (OSE). According to ZCC, the UK startup is developing a bio-ins
A joint development agreement (JDA) has been signed to establish the “world’s first” liquid hydrogen corridor, connecting Oman, the Netherlands and Germany.
Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has purchased four work-class remotely operated vehicles (WROVs) from Norway’s Argus Remote Systems. The company’s wholly owned subsidiary Mermaid Subsea Services (Thailand) (MSST) on Decembe
Spain-based company Abervian has entered into a strategic collaboration with compatriot engineering consultancy supporting the marine energy sector BlueNewables to support the development of a 1 MW floating solar platform, scheduled for installation in the Port of Valencia, Spain in 2026. The projec
Keyfield International, a Malaysian provider of offshore accommodation vessels to the oil & gas industry, is making its way into the cable laying business with the acquisition of a 98-meter-long cable laying barge. Keyfield Ventures (Labuan) Limited (KVL), a newly incorporated 100%-owned subsidiary
