Danish-based Muehlhan has sold its oil and gas business as the company decided to focus entirely on the renewable energy market. Muehlhan, which provides services in the offshore wind industry, said selling its oil and gas division supported the company’s strategy to focus its investments in sustain
Norwegian Innova and the U.S. Teledyne Energy System have partnered to demonstrate the use of hydrogen for local power of subsea control systems.
The U.S. Department of Energy’s Water Power Technologies Office (WPTO) is seeking in-kind and financial sponsors for the Waves to Water Prize, a competition that aims to accelerate the development of wave energy-powered desalination.
Energy major Shell increased its dividend and share buybacks following a jump in its quarterly profit driven by higher oil and gas prices.
Marine geophysical services provider Shearwater GeoServices and oil and gas major ConocoPhillips have formed a strategic partnership to collaborate on seismic imaging technology.
Japanese shipping major Mitsui O.S.K. Lines (MOL) has concluded the acquisition of a 40 percent stake in Waterfront Shipping WFS), a subsidiary of Canadian methanol producer and supplier Methanex Corporation.
Japanese shipbuilder Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, has concluded a contract with compatriot shipping company Sanyu Kisen for the construction of a demonstration test ship to transport liquefied carbon dioxide (LCO2).
Jan De Nul Group has placed an order for a hybrid unmanned surface vehicle (USV) from the Norwegian Maritime Robotics as the first step towards unmanned and autonomous offshore survey operations.
CorPower Ocean’s first commercial scale wave energy converter – C4 – is set to undergo intensive testing to prove its performance and survivability ahead of ocean deployment.
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has joined Global CCS Institute (GCCSI), an international think tank.
Edinburgh-based engineering consultancy Quoceant has boosted its mechanical engineering team with two new hires.
Irish firm XOCEAN is advancing to become the first company to commercialise uncrewed surface vessels (USV) for ocean data gathering with a €1.7 million grant secured from the European Maritime and Fisheries Fund (EMFF).
Classification society ABS and shipbuilder Nakilat – Keppel Offshore & Marine (N-KOM) have launched a joint development project (JDP) to examine how ABS-developed techniques of remote surveys of in-service vessels can be applied to surveys and inspections in the shipyard.
Verlume, a UK-based intelligent energy management and storage technologies specialist, has received a €3 million investment from a consortium led by Par Equity.
