Swedish-Israeli company Eco Wave Power has signed a Memorandum of Understanding (MoU) with maritime engineering company Lian Tat Company (LTC) to bring its wave energy technology to Taiwan. The two parties are planning to enter into negotiations for the establishment of a joint venture (JV) company
KCA Deutag has secured new contracts and extensions with a total value of over $70 million in the UK sector of the North Sea.
A group of fuel production stakeholders, including H2Carrier and MAN Energy Solutions, has called on the International Maritime Organisation (IMO) to develop policies that incentivize the production and adoption of sustainable fuels.
Hydrom, a subsidiary of Energy Development Oman SAOC (EDO), has entered two new agreements awarding green hydrogen projects in Oman. The agreements were signed with the winning bidders of round 1 of the Oman green hydrogen auction process during an event organised by Hydrom. This auction process pro
Saipem has strengthened its financial structure and liquidity, after its two new credit facilities came into effect.
Prosafe has revealed a new timeline for the start of operations in the U.S. Gulf of Mexico for one of its semi-submersible vessels.
Is the saga about the Labour Party’s plans for the UK’s oil and gas industry reaching a softer stance while plans for renewables remain firm?
Denmark-based NKT has completed the first in-house temporary overvoltage (TOV) test sequence of high-voltage DC cable systems, said to represent an important technical milestone that increases the reliability of cable systems needed for the green transition. NKT reported on 21 June that it had execu
Edrill is expanding its rig fleet thanks to a deal with Seadrill, which will enable it to buy three tender-assist drilling units.
OMV Petrom and Romgaz have made a final investment decision for a giant deepwater natural gas project in the Black Sea.
A semi-submersible rig, owned by SFL Corporation (SFL) and managed by Odfjell Drilling, has embarked on its journey to Canada, where it will start its new contract with ExxonMobil, a U.S.-based energy giant.
Valaris has confirmed the arrival of one of its heavy-duty ultra-harsh environment jack-up rigs in Trinidad.
Hartshead Resources and Viaro’s RockRose Energy have handed a field development plan (FDP) for Phase I gas project in the UK North Sea.
The European Bank for Reconstruction and Development (EBRD) has launched a program to modernise the maritime sector in Türkiye, facilitating green investments and climate mitigation technologies that aim to accelerate the country’s shift to a low-carbon economy.
