Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.
The European Commission has selected 85 net-zero projects, including those involving hydrogen and maritime, to receive €4.8 billion in grants from the Innovation Fund.
Classification society DNV has signed a memorandum of understanding (MoU) with Taiwan’s Metal Industries Research & Development Centre (MIRDC) to collaborate on renewable energy technologies, including floating solar, among others. The MoU solidifies a three-year partnership aimed at enhancing Taiwa
Singapore’s electricity regulator the Energy Market Authority (EMA) has given conditional approval for a project that will harness and store renewable energy from Australia and transmit it to Singapore via a high-voltage direct current (HVDC) transmission system, two months after the Australian Gove
Finnish technology group Wärtsilä has signed a memorandum of understanding (MoU) with Qatar Shipyard Technology Solutions, a joint venture between Nakilat and Keppel Offshore & Marine, related to maintenance and repair services involving eco-friendly technology, decarbonization, and dual-fuel conver
Green Marine Europe (GME), the European environmental certification program dedicated to the maritime industry, revealed that the number of program participants more than doubled in just two years.
U.S.-headquartered TDI-Brooks is set to upgrade diesel engines on one of its research vessels to ensure compliance with the regulations of the California Air Resources Board (CARB). The 48-meter-long R/V Brooks McCall is a Jones Act-complaint multi-use vessel said to be suited for various comprehens
The Federal Network Agency (BNetzA) has approved the construction of the Germany-wide hydrogen core network, expected to be created by 2032.
Norwegian Reach Subsea has secured funding of up to €14.3 million from the EU Innovation Fund, under the Net Zero Technologies initiative, which will be used for the scale-up of the Reach Remote project focusing on the development of advanced remote unmanned surface vessels (USVs). “This is a signif
Wärtsilä Gas Solutions will supply cargo handling systems for four new 93,000 cbm capacity VLACs being built by Hanwha Ocean for Naftomar.
French shipping giant CMA CGM has partnered with circular waste management solutions provider SUEZ to work on the production of biomethane and the low-carbon transition of maritime transport. To this end, on October 18, the companies signed a memorandum of understanding (MoU) outlining three main ar
While the implementation of ammonia as a marine fuel is expected to be technologically feasible as early as 2025-2026, its toxic nature requires the maritime industry to develop new approaches to safety. However, the majority of maritime community members are willing to sail on or work with ammonia-
Offshore wind services company Venterra Group has acquired Oceanscan Holdings Limited, a group of companies that provide subsea and non-destructive test equipment, geotechnical services and specialist personnel to the offshore energy market. Founded in 1989 and headquartered in Aberdeen with oversea
A number of Finnish research organizations and companies have launched a project to develop fuel-flexible solutions for maritime transport and off-road machinery, enabling the optimal use of zero- and low-carbon fuels and reducing greenhouse gas (GHG) emissions by up to 100%. The Flexible Clean Prop
