Seplat Energy has inked an agreement to acquire the entire share capital of ExxonMobil’s Mobil Producing Nigeria Unlimited.
Swedish-Israeli company Eco Wave Power has welcomed the ambassador of Portugal to Israel Jorge Cabral on a site visit to the EWP-EDF One wave energy project being developed in Israel.
Russian state-owned shipping company Sovcomflot (SCF Group) has been hit with the newest sanctions imposed by the United States in response to Putin’s “war of choice” against Ukraine.
A proposal for £7 billion tidal lagoon project, to be developed by private sector off the coast of Conwy and Denbighshire in North Wales, has received unanimous ‘support in principle’ from Denbighshire County Council.
Classification society Korea Register (KR) has signed a memorandum of understanding (MOU) with STX Energy Solution (STX ES) and Daewoo Shipbuilding & Marine Engineering (DSME) to work together on the technology standardization and commercialization of solid oxide fuel cells.
The International Chamber of Shipping (ICS), representing 80% of the world’s merchant fleet, has warned of supply chain disruption should the free movement of Ukrainian and Russian seafarers be impeded.
The European Commission has approved the proposed merger between Finnish engineering majors Cargotec and Konecranes.
Two Russian commercial cargo ships have been targeted by Ukrainian missiles in the Sea of Azov, several Russian news agencies reported, citing the country’s Federal Security Service’s (FSB) border department for the Krasnodar Territory as saying.
USAID has engaged ICEM to support Korean company Ingine in obtaining environmental permits for wave energy project in Vietnam.
Subsea 7 and technology partner FLASC have secured a £471,760 grant from the UK government Department for Business, Energy and Industrial Strategy (BEIS) to further develop an innovative offshore energy storage system. The Long Duration Offshore Storage Bundle, called PowerBundle, will store energy
U.S. LNG infrastructure company Sempra has joined the Carbon Neutral Coalition (CNC) as a senior advisory board member to work on the CCUS framework.
Croatian shipbuilder Brodosplit, part of the DIV Group, has started construction of a zero-emission passenger ship with electric propulsion.
Oil prices soared on Thursday with Brent surging over the $100 barrel mark for the first time in eight years.
The Global Centre for Maritime Decarbonisation (GCMD) and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have entered into a partnership to boost the shipping industry’s decarbonisation agenda.
