Cyprus-based offshore vessel operator S.D Standard Drilling has secured a 1 per cent ownership in offshore drilling contractor Noble Corporation.
The multi-purpose Powerpier solution, designed to offer protection from waves while exploiting them to produce clean power, has been installed offshore the Norwegian town of Ålesund.
Systems integration specialist Høglund has signed two more contracts with Jiangnan Shipyard (Group) Co Ltd and Babcock LGE to supply integrated automation and control systems (IACS) and gas handling for two Tianjin Southwest Maritime-owned very large ethane carrier (VLEC) newbuilds.
President and chief executive officer (CEO) of offshore mooring systems provider SOFEC has decided to retire from the company after 29 years of service.
Scottish tidal energy company Nova Innovation has created the first ever electric vehicle (EV) charge point in Shetland where drivers can ‘fill up’ directly from a tidal power source.
The UK government launched today a £20 million (about $27.7 million) competition to make innovative green maritime ideas a reality.
Shipbroker Simpson Spence Young (SSY) claims forward freight agreements (FFAs) will play an integral role in the volatile LNG market.
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has decided to invest into Larvik Shipping, a Norwegian ship management company for liquified CO2 carriers. The investment marks MOL’s entrance into a completely new market of ocean transportation of liquefied CO2. The business sector plays a c
Norway-based energy storage company Corvus Energy has chosen compatriot Kitron as the manufacturing partner for the company’s battery management control systems.
Damen Ship Lease and Damen Financial Services, units of Dutch shipbuilding group Damen, and local commercial bank NIBC have entered into a multi-year partnership in the field of ship leasing.
A new bill outlining a plan to develop 3 GW of floating offshore wind capacity in Oregon by 2030 has been introduced in the state’s House of Representatives. If enacted, the bill would establish a task force on floating wind energy and enable planning the development of 3 GW of commercial scale floa
The Port of Rotterdam, Europe’s leading trading hub, is working on the development of a new hydrogen pipeline together with Gasunie to form the backbone of the future hydrogen infrastructure.
Vaccination hiccups could prevent the recovery of up to 1 million bpd of oil demand in 2021, Norwegian energy intelligence company Rystad Energy has said.
Finnish wave energy company AW-Energy has welcomed Patrik Pykälä-Aho to its team to help optimise its process of producing green hydrogen using WaveRoller technology.
