U.S. Testing Expertise and Access for Marine Energy Research (TEAMER) has introduced a new support category focused on commercialization, marking an expansion of its long-running program that has so far centered on testing services for marine energy technologies. The initiative provides business-foc
The Global Centre for Maritime Decarbonisation (GCMD) and partners have closed the world’s first fund for vessel retrofits with a pay-as-you-save repayment mechanism, securing total commitments of up to $35 million and exceeding its initial target.
HMM, South Korea’s largest national carrier, has partnered with B-International Shipping and Logistics, a part of the Swiss BGN group of companies, to establish a joint venture in Singapore.
German chemical company BASF and U.S. energy major ExxonMobil have signed a joint development agreement to co-develop methane pyrolysis technology for low-emission hydrogen.
Underwater technology company Sonardyne has added more work to its existing contract with the Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, for the UK’s first offshore carbon capture and storage (CCS) project. Developed some 75 kilometers east of Flamborough
The Netherlands-based Dieseko Group and Swedish wave energy developer CorPower Ocean have formed a consortium to launch VibroDrive+, a research project aimed at advancing offshore anchor technology through improved design and installation methods. Backed by €400,000 in Eureka Eurostars funding, the
Norwegian energy data and intelligence company TGS has secured an extension for its current contracts with what it says is a major international energy company, for reservoir monitoring and source services on the Norwegian Continental Shelf (NCS). The contracts cover the provision of reservoir monit
U.S. ammonia-to-power solutions provider Amogy has raised a $15 million strategic investment from South Korea’s GS E&C to accelerate the deployment of ammonia-based, carbon-free distributed power solutions.
TechnipFMC has secured an integrated engineering, procurement, construction and installation (iEPCI) contract with Italy’s energy giant Eni for a deepwater project offshore Indonesia. TechnipFMC will design and manufacture Subsea 2.0 tree systems, flexible flowlines, a manifold, and controls, as wel
The hull of Nexans’ new cable-laying vessel (CLV) Nexans Electra has been launched from the dock hall at Ulstein Verft in Norway, marking the start of the finalizing phase of testing and tuning before delivery next year. The vessel is nearing the completion of the outfitting phase, which has include
Marine geophysical service provider PXGEO has secured two contracts with consortia led by Brazilian oil & gas company Petrobras for the provision of seismic acquisition offshore Brazil. The projects will be carried out consecutively in 2026, with PXGEO deploying its proprietary MNode 4C ocean bottom
France’s wave energy developer Seaturns has started phase II of its full-scale trials in the Gironde estuary, Région Nouvelle-Aquitaine. The site was chosen for its technical and maritime conditions, which the company said are “ideal for validating our demonstrator.” According to Seaturns, Région No
A construction support vessel (CSV) owned by Norway’s Solstad Maritime is set to return to work for DeepOcean in 2027 instead of beginning a five-year contract with Italian cabling giant Prysmian Group as announced in 2024. Under a contract defined as very large, meaning it is worth between $50 mill
OroCarbo has selected Haffner Energy’s renewable syngas solution, SYNOCA, for integration into a 100-tonne/day biomass-to-biomethanol project in California, using Maverick Synfuels’ syngas-to-methanol conversion technology.
