Norway-based energy data and intelligence company TGS has further expanded its 2025 to-do list with a 3D streamer contract in India and an ocean bottom node (OBN) contract in Europe, both set to be kicked off at the beginning of the year. TGS said it had secured a significant 3D streamer contract fo
The International Energy Agency (IEA) has published its first report exploring the evolution of the global energy policy landscape over the last 12 months by providing an overview of policies, legislation, spending, and general progress countries and sectors are making on their energy transition jou
While e-fuels are seen as viable solutions to support decarbonization, they can not be expected to play a major role in the global shipping sector by 2030 due to limited expansion, the European Maritime Safety Agency (EMSA) found in its latest report exploring alternative fuels and decarbonization t
Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050), outlining its focus and priorities to reinforce its long-term vision.
Philly Shipyard is facing legal hurdles as U.S. dredging services provider Great Lakes Dredge & Dock Company (GLDD) is seeking injunctive relief concerning the construction of what is said to be the first U.S. offshore wind subsea rock installation vessel (SRIV). GLDD ordered the vessel in 2021, wit
The Zero Emissions Ship Technology Association (ZESTAs) and Tanzania’s Environment and Empowerment Movement (TEEMO) have signed a memorandum of understanding (MoU) to collaborate on the development of green hydrogen shipping fuel and the associated capacity building in Tanzania.
Hydrogen Europe and the Chilean Hydrogen Association (H2 Chile) agreed to collaborate on advancing hydrogen deployment and trade.
Norway’s Omega Subsea and Kystdesign have completed the factory acceptance test (FAT) for two newly developed remotely operated underwater vehicles (ROVs). The collaboration developed the Constructor Compact ROV, said to be a versatile, scaled-down version of Kystdesign’s Constructor model, retainin
A wholly owned principal subsidiary of Chinese state-owned electric utility corporation State Grid Corporation of China (SGCC) has purchased a 20% share in a subsidiary owned by Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), thereby entering what is
Denmark-headquartered power cable manufacturer and installation firm NKT is nearing completion of its expansion project in Alingsås, Sweden, with access to the test hall and new buildings set for next month. NKT announced it was expanding its operations in Alingsås to boost the production capacity o
South Korea’s shipbuilder Hanwha Ocean has closed its acquisition of Singapore-based offshore builder Dyna-Mac, which specializes in manufacturing marine plant topside structures for floating production, storage, and offloading (FPSO) and floating liquefied natural gas (FLNG) units.
South Korean Taihan Cable & Solution is planning to build its second submarine cable manufacturing facility, adjacent to the first one whose first phase was launched earlier this year. Taihan opened the first phase of its first submarine cable plant which focuses on producing inter-array cables, cov
Swedish e-fuel plant developer Liquid Wind has secured €44 million in Series C financing to support the development of ten e-fuel facilities by 2027. The raise, which is said to be one of the largest funding rounds in Europe for e-fuels this year, was led by Uniper, HYCAP Fund I SCSp, and Samsung Ve
Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI), a newly formed partnership between The CSL Group and Offshore Wind Logistics (OWL), has placed an order for the construction of two subsea rock installation vessels that will service the offshore wind sector. The DP2 vessels will each h
