A tripartite partnership has completed the reprocessing project for what is said to be the largest ocean bottom node (OBN) survey conducted on the Norwegian Continental Shelf (NCS). Viridien, TGS and Aquila Holdings, under its subsidiary Axxis Multi-client, announced on November 4 the completion of
Clean Maritime Fuels Platform, an industry initiative aiming to enhance communication between the shipping sector and fuel producers, has called on policymakers to create regulatory conditions to unlock investments in the production of clean maritime fuels in the EU.
Chemical ship-owning and chartering company Christiania Shipping has finalized the acquisition of NAVQUIM Holding, an owner and operator of stainless steel chemical carriers. Christiania Shipping announced the acquisition of NAVQUIM Holding from Sogestran Shipping at the beginning of September 2024.
Five European transmission system operators (TSOs) involved in the H2med project, the first European major hydrogen corridor, have launched a non-binding Call for Interest to identify the needs of future infrastructure users along the corridor. The Call of Interest was officially opened today (Novem
As part of its strategic growth plan, Swedish technology development and integration partner for the commercialization of hydrogen and fuel cell technologies, Catator, has joined the Ammonia Energy Association (AEA).
SSEN Transmission has submitted a planning application to Aberdeenshire Council for a hub that will comprise the converter stations of the Spittal to Peterhead and the Eastern Green Link 3 links, among others, seen as a crucial component of the £20 billion Pathway to 2030 investment program in the n
A recent study led by the European Marine Energy Centre (EMEC) and the Offshore Renewable Energy (ORE) Catapult has shown that direct access to tidal energy could reduce the dependency of Scottish coastal communities on costly diesel and oil power by enabling cleaner, locally sourced energy without
Australian energy company Provaris has secured A$1.5 million (around US$985,000) via a share placement to support its priority business developments related to hydrogen and CO2 projects in Europe. The funding, raised through a well-subscribed placement supported by existing and new institutional and
Norwegian energy company Sval Energi has signed an agreement with compatriot state-owned Equinor to sell its 11.8% share in the Halten East Unit in the Norwegian Sea, enabling Equinor to increase its ownership to 69.5%. Located in the Kristin-Åsgård area in the Norwegian Sea, Halten East is an ongoi
Singapore and Norway have strengthened their collaboration with two new agreements aimed at advancing sustainable marine electrification solutions in Singapore and across Asia. On November 6, Norwegian companies Evoy and Pascal Technologies signed a letter of intent (LoI) with Singapore’s Lita Ocean
Shipping and logistics major A.P. Moller-Maersk and agricultural technology company Syngenta Crop Protection have extended their fourth-party logistics (4PL) partnership for an additional five years.
Marine Energy Wales (MEW) and the National Hydropower Association (NHA) have signed a memorandum of understanding (MoU) to strengthen cooperation within the global marine energy industry. The agreement seeks to leverage the strengths of each organization to promote industry growth, share expertise,
Donald Trump’s victory in the 2024 US presidential election is a ‘step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates, according to ocean and air freight rate benchmarking and market intelligence platform Xeneta.
A joint venture (JV) of UAE’s ADNOC Drilling and Alpha Dhabi is set to acquire a U.S.-headquartered provider of vision-based diagnostics and analytics services for the oil & gas sector for a consideration of approximately $45 million. The partners’ Enersol JV has agreed to acquire a 100% equity stak
