The Faroe Islands, a self-governing country within the Kingdom of Denmark, and the European Union have signed a Memorandum of Understanding (MoU) to, among other things, work together on the green transition, energy and climate change. Faroese Prime Minister Aksel V. Johannesen and EU Commission Pre
Shortly after securing a 100-day project charter for the subsea vessel, Norway-headquartered Reach Subsea has extended the charter for Olympic Taurus due to a “solid backlog and substantial tender pipeline for the coming periods”. In mid-February, Reach Subsea announced a 100-day project charter for
MAN Energy Solutions Switzerland has secured its largest single order ever received, thanks to a deal with MODEC.
Denmark-based power cable manufacturer and installation company NKT has supplied its first order of adaptive power cable joints, which can serve as a spare joint for a broad range of HVAC offshore cables, to the Danish transmission system operator (TSO) Energinet. According to NKT, the Adaptive Rigi
ABEL Energy has selected thyssenkrupp nucera as the preferred supplier of electrolyzers required for its hydrogen and methanol project in Bell Bay, Tasmania.
Shell has hand-picked Wood’s joint venture company, Massy Wood, for the delivery of engineering projects and asset support in Trinidad and Tobago.
ABEL Energy is looking to speed up the potential construction of a methanol production plant through cooperation with the Port of Townsville.
DNV has cooperated with offshore design and engineering services provider, Moss Maritime, to increase the deployment of floating solar technology in severe environmental conditions. DNV has issued a Statement of Conformity to Moss Maritime for the design methodology of XolarSurf, a floating solar c
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract with a company in the Philippines to deliver subsea equipment for an offshore gas field. Under the contract signed with Prime Energy Resources Development, OneSubsea will deliver wellheads, Christmas trees (
UK-based maritime engineering start-up WingTek, in collaboration with the University of Bristol and the National Composites Centre, has won a £2.2 million ($2.7 million) innovation grant for the development of a new wind auxiliary propulsion (WAP) system.
Swedish tidal energy developer Minesto has reported a total operating income of almost SEK 45.6 million (around €4 million) for the 2023 financial year, a slight decline from SEK 45.7 million in 2022. Minesto’s operating loss was almost SEK 28.7 million, as opposed to SEK 23.7 million reported for 2
Lhyfe will receive financial support from the French government to build a 100 MW green hydrogen production plant near Le Havre.
Siem Offshore has secured a contract extension for its 2009-built diesel-electric driven multipurpose support vessel (MPSV). The 93.6-meter-long MPSV Siem Dorado has been awarded a contract extension for utilization for a period reaching towards the end of Q4 2024. Commencement will be in direct con
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a Memorandum of Understanding (MoU) with energy companies Idemitsu Kosan, HIF USA and HIF Asia Pacific on the joint development of a synthetic fuel (e-fuel)/synthetic methanol (e-methanol) supply chain including CO2 marine transport.
