Japanese shipping major Mitsui O.S.K. Lines (MOL) has been selected to study the use of ships to transport liquefied CO2 (LCO2) as part of a carbon capture and storage (CCS) development project off western Kyushu.
Swedish company CorPower Ocean has secured €32 million in Series B1 funding to advance the commercialization of its wave energy technology, marking a step towards making wave power a mainstream, bankable energy source. This latest investment round, the largest single investment into CorPower’s techn
Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e
MT Group has signed a contract with the Klaipeda State Seaport Authority to build a green hydrogen production and refueling station in the Port of Klaipeda.
Inyanga Marine Energy Group has taken control of the D10 tidal turbine, the first grid-connected tidal turbine in France, securing permission to operate the facility in the Fromveur Passage, off the coast of Brittany, until August 2028. The turbine, which delivers clean energy to the island of Usha
UK-based maritime design and applied technologies company Artemis Technologies has won the tender to supply the Swedish Maritime Administration (SMA) with a fully electric pilot boat, marking a crucial milestone in Sweden’s ambition to transition toward fossil-free maritime operations. As disclosed,
Cepsa and Sonatrach have signed an MoU to jointly carry out a feasibility study for the development of an integrated project for green hydrogen production and derivatives in Algeria, mainly aimed at supplying the European market.
Japan Organization for Metals and Energy Security (JOGMEC) has signed a consignment contract with four local companies for engineering design work related to a carbon capture and storage (CCS) project. The agreement was signed with ENEOS Corporation, JX Nippon Oil & Gas Exploration Corporation, Ele
Gulf Marine Services (GMS), a UAE-headquartred provider of self-propelled and self-elevating support vessels for the offshore energy sector, has raised its backlog to $505 million thanks to a new contract in Europe and the extension of two existing ones in the Middle East. GMS reported on October 10
Correll, part of SPIE Group, has been awarded a contract by Jan De Nul to complete the 66 kV inter-array cable (IAC) termination and testing on wind turbines for RWE’s 1 GW Thor offshore wind project in Denmark. The works are planned to commence in July 2025 with the mock-up scheduled for November 2
C-Innovation (C-I), an affiliate of Edison Chouest Offshore (ECO), has secured a multi-year contract with UK-based energy giant BP to provide subsea construction and inspection, maintenance, and repair (IMR) services in the Gulf of Mexico. According to C-I, the three-year contract includes the deplo
France’s technological containment specialist Gaztransport & Technigaz (GTT) has received respective orders from Korean and Chinese shipyards for tank designs for a total of four new liquefied natural gas (LNG) carriers. In the third quarter of this year, GTT secured an order from its partner Korean
A geophysical and geotechnical survey are about to begin on a gas project being developed by Shell that is set to export gas from a field in Venezuela to the UK energy giant’s platform off Trinidad and Tobago, marking the start of preliminary work on the project. Chartered by Geohidra, a Venezuelan
U.S.-based Ocean Power Technologies (OPT) has secured a partnership with industrial service provider 3B General Trading & Contracting to advance Kuwait’s offshore energy and maritime projects. The agreement paves the way for the deployment of OPT’s wave adaptive modular vessels (WAM-Vs), unmanned s
