Reach Subsea has entered into an agreement with Equinor Ventures to acquire OCTIO, a provider of geophysical monitoring solutions for hydrocarbon producing fields and CO2 storage reservoirs.
Major Japanese shipbuilding, marine engineering, and service company, Imabari Shipbuilding, has entered into a capital and business alliance with the compatriot startup, PowerX, to jointly develop a prototype automated Power Transfer Vessel. The Power Transfer Vessel, Power ARK 100, is a 100 TEU tri
Backed by the Government of the Netherlands, nine Dutch research institutes and test facilities have joined forces to accelerate the research into offshore renewable energy.
Two tidal energy projects, led by major companies Nova Innovation and Magallanes Tidal Energy, have been selected to receive a share of £116 million to drive forward green innovation in the UK.
Maritime classification society American Bureau of Shipping (ABS) has granted Swedish company Alfa Laval the first marine approval for operating boilers on methanol.
The €20 million EuropeWave scheme has selected seven wave energy projects for support to further develop their device concepts in the first half of 2022.
UK’s petroleum regulator has selected three winners for its £1 million electrification competition, aiming to advance oil and gas electrification plans.
Wärtsilä Voyage, part of Finnish technology company Wärtsilä, has entered into a strategic partnership with US technology corporation Microsoft.
Dutch maritime technology company Value Maritime hit the headlines earlier this year as it developed what it claims to be the world’s first onboard CO2 capture and storage (CCS) unit for the maritime industry.
Europe could benefit from the €140 billion economic opportunity and 1.2 million new jobs by 2050 if it takes the lead in the global ocean energy market, a newly launched report states.
Kongsberg Digital has won a five-year contract extension with Heerema for system support of maritime simulation solutions and training.
The integration of Tocardo’s T1 tidal energy turbines on QED Naval’s Subhub platform has started last week, ahead of the planned deployment in Yarmouth, off the Isle of Wight.
France-based green hydrogen technology developer Lhyfe and engineering company DORIS have signed a Memorandum of Understanding (MoU) on working together on offshore hydrogen production projects, with a plan to launch the first floating wind turbine for integration with a hydrogen production system.
Injazat and Lamprell have appointed a CEO of their JV to progress their digital strategy, while also generating new revenue streams.
