A binary cycle power generation system for ships, jointly researched by Japanese shipping company Mitsui O.S.K. Lines (MOL) and compatriot steel manufacturer Kobe Steel, has been installed on a very large ore carrier (VLOC) newbuild.
After being converted to a low-emission rig, Maersk Intrepid has entered operations as the first Maersk Drilling rig to feature this set of upgrades.
Danish firm Wavepiston has reached it initial target of raising a minimum of €2 million. The wave energy developer recently opened a crowdfunding campaign on Seedrs investment platform in order to fund the final phase its technology development. The company, based in Elsinore, Denmark aims to raise
Lloyd’s Register (LR) has awarded approval in principle to a Hyundai Mipo Dockyard for 30,000 cbm LNG carrier a prismatic with IMO type B tank.
Eni, the Boston Consulting Group (BCG), and Google Cloud are building a new open digital platform for companies committed to the energy transition.
Following several cyber attacks that happened in the maritime sector this year, the issue of maritime cyber security is gaining prominence.
Seabed seismic player Magseis Fairfield has secured a deepwater ocean bottom node (OBN) monitor survey in the US Gulf of Mexico. The survey should start in Q1 2021 and run for approximately three months. According to the company, the OBN study is for a repeat customer. End-September this year, Magse
Following a historic vote in parliament, the Norwegian Government on Tuesday announced its funding decision for the Northern Lights CO2 transport and storage project in Norway. The project will enable the shipping, reception, and sequestration of CO2 in geological strata in the Northern North Sea, a
Cabling firm NKT has signed up for the Science Based Target initiative to become a net-zero emissions company. The Science Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The
Norway-based CSUB has secured a contract from DeepOcean for nine well protection structures. CSUB has developed a new single well protection structure for the wellheads for offshore production of oil and gas. The first commercial project delivery took place earlier this year. The new multi-million-k
Lean Marine and AI-application developers Molflow have joined forces with the Chalmers University of Technology in Gothenburg to develop an AI-powered, semi-autonomous system for planning and executing sea voyages. The Via Kaizen project is funded by the Swedish Transport Administration, Trafikverke
Russian independent LNG export player Novatek has successfully tested the first large-scale cryogenic pump manufactured in Russia at the Yamal LNG project.
Seismic players PGS, TGS and CGG have formed a strategic partnership to offer a shared ecosystem providing direct access to their subsurface multi-client data libraries. The cloud-based ecosystem will offer a single search point to access all three companies’ multi-client data and allow customers to
The University of Plymouth has secured more than £1 million to create a facility for testing new innovations in floating offshore wind technology. This first-of-its-kind facility in the UK will enable physical modeling experiments with wind, wave and currents simultaneously. Data generated in the ex
