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  • ExxonMobil brings QatarEnergy on board as its new partner in two exploration blocks

    13 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    QatarEnergy has sealed a deal with ExxonMobil, a U.S.-headquartered energy giant, to enter two exploration blocks off the coast of Egypt.

  • Rovco and Vaarst to bring on board over 150 subsea roles by end of 2025

    10 May 2024
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst are planning to recruit over 150 specialist subsea roles across their offices by the end of 2025. Rovco unveiled its intention to recruit over 100 new roles across its Aberdeen and Edinburgh offices by the end of 2025 to support its “explosive growth” and the deployment […]

  • Shell places multi-million wager on hydrogen’s ability to decarbonize drillship and tanker ops

    10 May 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Transition

    Shell has made a multi-million bet on a project testing hydrogen in diesel engines on marine vessels, such as drilling rigs and tankers, to curb greenhouse gas (GHG) emissions.

  • Electrification of North Sea field lends a helping hand to Poland’s energy giant in slashing emissions

    10 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Poland’s Orlen has welcomed the recent partial electrification of an Equinor-operated gas field in the Norwegian sector of the North Sea.

  • Singapore’s ferry operator teams up with Rolls-Royce on hybrid and renewable fuels

    10 May 2024
    Collaboration, Equipment, Vessels

    Singapore-based ferry operator Majestic Fast Ferry and marine propulsion specialist Rolls-Royce have signed a Memorandum of Understanding (MoU) to work on engines and propulsion systems that are able to run on hybrid and renewable fuels such as hydrotreated vegetable oil (HVO). 

  • Oceaneering looking to enhance its ocean data capabilities with new technology

    10 May 2024
    Business Developments & Projects, Equipment, IT & Software, Outlook & Strategy, Project & Tenders, Technology

    Texas-headquartered subsea engineering and applied technology company Oceaneering International is set to integrate technology from a local firm that aims to “enhance its capabilities in ocean data management and visualization”. Terradepth, an Austin-based provider of ocean data management solutions, reported in mid-April that it had welcomed Oceaneering as the new customer for its Absolute Ocean […]

  • ORE Catapult’s survey reveals strong interest in advancing wave and tidal energy in Scotland

    10 May 2024
    Business & Finance, Business Developments & Projects, Innovation, Project & Tenders, Research & Development, Vision

    Offshore Renewable Energy (ORE) Catapult has carried out an in-depth survey, on behalf of Crown Estate Scotland in 2023, gathering insights and ideas from individuals working to develop and commercialize the upcoming wave and tidal technologies and projects.

  • TotalEnergies gives more work to UK firm for its North Sea oil & gas assets

    10 May 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    TotalEnergies has decided to prolong a contract with PBS for integrated services delivery to its North Sea portfolio.

  • ADNOC joins hands with compatriot tech company to step up energy-focused AI game

    10 May 2024
    Business & Finance, Business Developments & Projects, Technology

    UAE’s Presight is set to acquire a majority stake in AIQ to lend a helping hand in bringing forth AI-powered solutions to the energy sector.

  • Thumbs-up for Equinor and Vår Energi to fortify emergency preparedness in Barents Sea

    10 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Operations & Maintenance, Regulation & Policy, Rules & Regulation, Safety

    Equinor and Vår Energi have received consent from the country’s offshore safety regulator for contingency planning in the Barents Sea.

  • LNG dual-fuel 13,000 TEU CMA CGM Sao Paolo wraps up sea trials

    10 May 2024
    Vessels

    Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has revealed that CMA CGM Sao Paolo, a 13,000 TEU dual-fuel containership owned by French shipping major CMA CGM, has completed its sea trails.

  • Intertek to deliver hydrodynamic modeling for Tidal Lagoon Challenge

    10 May 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Technology

    As a part of the Welsh Government’s Tidal Lagoon Challenge, London-based Intertek has won a research project to deliver hydrodynamic modeling expertise.

  • North Sea platform incident: Serious regulation breaches come to light following worker injury and gas leak

    10 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Human Capital, Regulation & Policy, Rules & Regulation, Safety

    Equinor has been served with a notice of order by Norway’s offshore safety regulator after a probe into an incident.

  • INPEX and JERA evaluating feasibility of Japan-Australia CCS value chain

    10 May 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Research & Development

    Japanese energy companies INPEX and JERA have signed an agreement to conduct a joint study to assess the feasibility of establishing a carbon capture and storage (CCS) value chain from Japan to Australia.

  • NYK to trial 3D model for design of new LPG tanker

    10 May 2024
    Business Developments & Projects, IT & Software, Research & Development

    Japanese shipping company NYK and its group company MTI Co., in collaboration with Smert Design Co., have launched a trial to use 3D models in the initial design phase of a liquefied petroleum gas (LPG) tanker.

  • UK firm takes its work-class ROV to Mexico

    10 May 2024
    Business & Finance, Business Developments & Projects, Equipment, Outlook & Strategy, Project & Tenders

    UK’s Forum Energy Technologies (FET) has secured a contract with a Mexican subsea company for the delivery of one of its work-class remotely operated vehicles (ROV). FET reported that its Subsea Technologies product line had won a contract from AQUA Exploracion for one of its Ultra Compact Perry XLX-C work-class ROVs, which will be equipped […]

  • SolarDuck and partners install Japan’s first offshore floating solar

    10 May 2024
    Business & Finance, Business Developments & Projects, Collaboration, Human Capital, Outlook & Strategy, Project & Tenders, Technology, Vision

    Duch-Norwegian firm Solar Duck and Tokyo’s Tokyu Land Corporation, together with Kyocera Communication Systems, have installed what is said to be Japan’s first offshore floating solar photovoltaic (OFSPV) power plant on the sea surface.

  • Amogy’s ammonia-to-electrical power system gets ABS’ verification

    10 May 2024
    Certification & Classification, Technology

    Classification society ABS has issued New Technology Qualification (NTQ) for an innovative ammonia-to-electrical power system from U.S.-based ammonia power solutions company Amogy.

  • KOTUG lays keel of methanol dual-fuel escort tug duo

    9 May 2024
    Vessels

    KOTUG Canada, a partnership between KOTUG International and Canada’s Horizon Maritime, has held a keel-laying ceremony for two dual-fuel methanol escort tugs that will service the Trans Mountain Expansion Project (TMEP).

  • Electric Hydrogen obtains $100 million to support its 100 MW electrolyzer plants

    9 May 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Technology

    Electric Hydrogen has announced $100 million in corporate credit financing to back the manufacturing and deployment of its 100 MW electrolyzer plants.

  • James Fisher wraps up its largest decom project so far

    9 May 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Project & Tenders

    James Fisher Decommissioning has completed its largest decommissioning project to date for a “major” operator in the Gulf of Thailand.

  • GMF: Decarbonization could create up to four million green jobs by 2050, double the number of seafarers

    9 May 2024
    Human Capital, Market Outlooks, Outlook & Strategy

    The new analysis, commissioned by the Global Maritime Forum (GMF) and conducted by engineering and sustainable development consultancy Arup, projects that the maritime sector’s transition to e-fuels could support up to four million new green jobs by 2050, double the number of seafarers serving globally today.

  • First UK-Germany energy link enters next stage of construction

    9 May 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    The first-ever energy link between the UK and Germany is moving into the next stage of construction as foundation works are underway on a new UK converter station. The €2.8 billion NeuConnect project will see new converter stations built on the Isle of Grain in Kent and the Wilhelmshaven region in northern Germany, connected by […]

  • UK government backs EMEC’s growth with £3 million

    9 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition, Vision

    The UK Government is set to award a new £4.6 million support package for the UK’s islands, £3 million of which will be awarded to the Orkney-based European Marine Energy Centre (EMEC) over two years. The funding boost will support EMEC’s growth plans, further helping the center deliver the UK’s net zero ambitions, increase innovation […]

  • Italian contractor picks up work on North Sea gas platform

    9 May 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Rosetti Marino has tucked a multimillion-euro FEED assignment under its belt for a gas production platform in the North Sea.