
ExxonMobil is reorganising its business structure to improve effectiveness and reduce costs and moving its headquarters.

Under the auspices of the Marine Energy Alliance (MEA) project, a French start-up HelioRec worked together with Irish techno-financial analysis provider Exceedence on the assessment of levelized cost of energy (LCOE) and key cost drivers for the company’s floating solar technology.

Sustainable Marine has returned to work at the Grand Passage in the Bay of Fundy to connect its next-gen floating tidal energy platform PLAT-I to Nova Scotia’s power grid.

National Grid Electricity System Operator, the UK’s electricity system operator, has published Networks Options Assessment (NOA) for 2022 recommending more than £5 billion (around $6.7 billion) worth of grid infrastructure investments in the North of Scotland.

French shipping and logistics major CMA CGM Group has entered into a preliminary agreement to acquire a 51% stake in the Colis Privé Group, a compatriot specialist in home and relay parcel delivery.

Oil & Gas UK (OGUK) is expanding to include the low-carbon offshore energy technologies like offshore wind, hydrogen, and CCS.

Israeli shipping company ZIM and Swiss container shipping giant Mediterranean Shipping Company (MSC) have decided to cease their cooperation on the North Europe – East Med trade.

Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo.

Oscilla Power is finalizing pre-deployment activities for its Triton-C wave energy device that will be deployed at U.S. Navy’s WETS site in Hawaii once the ongoing infrastructure upgrades are completed.

A decision by Mærsk’s towage subsidiary, Svitzer, to terminate a collective agreement with its entire Australian workforce could further deepen the country’s supply chain woes, according to the International Transport Workers’ Federation (ITF).

Norwegian company Ocean Oasis has secured €2.5 million from the European Innovation Council (EIC) Accelerator to advance its wave energy-powered desalination technology.

Port operator COSCO Shipping Ports Limited and Belgium’s Port of Zeebrugge have agreed to extend the concession of CSP Zeebrugge Terminal by 15 years to 2055.

Los Angeles and Shanghai have announced a partnership of cities, ports, shipping companies and a network of cargo owners to create a first-of-its-kind green shipping corridor on one of the world’s busiest container shipping routes.

Aker BP has joined forces with Accenture to develop and deploy a cloud-based solution to improve oil and gas operations.