As it transitions to a new phase, Spirit Energy has made board and executive appointments, including the appointment of an interim CEO.
Japanese shipbuilder Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, has concluded a contract with compatriot shipping company Sanyu Kisen for the construction of a demonstration test ship to transport liquefied carbon dioxide (LCO2).
Jan De Nul Group has placed an order for a hybrid unmanned surface vehicle (USV) from the Norwegian Maritime Robotics as the first step towards unmanned and autonomous offshore survey operations.
Pilot Energy and Triangle Energy have abandoned their plans under which Pilot would farm out an exploration permit off Australia to Triangle.
Verlume, a UK-based intelligent energy management and storage technologies specialist, has received a €3 million investment from a consortium led by Par Equity.
ExxonMobil booked a profit in the last quarter of 2021 amid a significant increase in revenues driven by a rebound in oil and gas prices.
Under the Connecting Europe Facility (CEF) for trans-European energy networks, the EuroAsia Interconnector project will receive €657 million.
The joint industry project launched in June 2021 to test biofuel blend (B30) derived from renewable feedstock to power a d’Amico Group LR1 product tanker, showed positive findings in terms of the reduction of CO2 emissions, reduced carbon intensity, and stable NOx emissions.
U.S. offshore engineering and constructions services player McDermott has named a new president and chief executive officer.
UK-based tidal energy developer SBS has signed a two-year memorandum of understanding (Mou) with state-owned enterprise Indonesia Power for the development of tidal energy projects in Larantuka and Boleng straits.
The Panama Canal contributed to the reduction of 16 million tons of carbon dioxide (CO2) equivalent emissions in 2021, in comparison to the most likely alternative routes.
M/V Nukumi, a new purpose-designed self-unloading ship owned by Canadian shipping company Canada Steamship Lines (CSL), departed on its maiden voyage on 31 January.
ExxonMobil is reorganising its business structure to improve effectiveness and reduce costs and moving its headquarters.
Sustainable Marine has returned to work at the Grand Passage in the Bay of Fundy to connect its next-gen floating tidal energy platform PLAT-I to Nova Scotia’s power grid.
