10000 results found for 'wave energy'

10000 results found for 'wave energy'
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  • Russia’s Lukoil locks in deal to sell off its international assets as sanctions bite harder

    30 October 2025

    Moscow-headquartered energy giant PJSC Lukoil has said yes to a bid from Switzerland’s Gunvor Group for its international portfolio of assets in the wake of growing global sanctions, which keep tightening their hold on Russian businesses overseas.

  • Round-up: New oil & gas discoveries take center stage as LNG momentum grows

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Exploration & Production, Rules & Regulation, Transition

    As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint ventures, divestments, and capex commitments.

  • EU endorses 235 cross-border energy projects to scale up electricity, hydrogen, and CO2 infrastructure

    4 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common interest (PCIs) and projects of mutual interest (PMIs).

  • California clears key lease for wave-powered desalination pilot

    19 September 2025
    Authorities & Government, Business Developments & Projects, Project & Tenders, Regulation & Policy, Rules & Regulation

    California’s State Lands Commission (SLC) has approved Canadian firm Oneka Technologies’ lease application for its wave-powered desalination pilot project with the City of Fort Bragg. “Major milestone for our Wave-Powered Desal Pilot Project with the City of Fort Bragg in California: the State Lands Commission (SLC) has approved our lease application. This authorization is a […]

  • GCMD: Vessel retrofit fund using pay-as-you-save repayment mechanism closes at $35M

    20 November 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    The Global Centre for Maritime Decarbonisation (GCMD) and partners have closed the world’s first fund for vessel retrofits with a pay-as-you-save repayment mechanism, securing total commitments of up to $35 million and exceeding its initial target.

  • $10 billion US LNG project comes online in Texas: One train down, two more left on McDermott and Chiyoda’s list

    1 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    The main engineering, procurement, and construction (EPC) contractors for a liquefied natural gas (LNG) project in the United States, U.S.-headquartered McDermott (MDR) and Chiyoda International Corporation (CIC), have finished work on the first train and have two more on their agenda for this LNG export terminal under construction in Sabine Pass, Texas.  

  • Larsen & Toubro snaps up partner’s stake in heavy-lift and pipelay vessel

    12 January 2026
    Business & Finance, Business Developments & Projects, Vessels

    Malaysia’s oil and gas services provider Vantris Energy, formerly known as Sapura Energy, has opted to sell its interest in L&T-Sapura Shipping Pvt. Ltd. (LTSSPL) to its joint venture partner, Larsen & Toubro (L&T).

  • First of 7 transformers delivered for first UK-Germany energy link

    19 February 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Siemens Energy has delivered the first of seven transformers that will help to power NeuConnect, the first energy link between the UK and Germany. The transformer was taken from Siemens Energy’s factories in Nürnberg, Germany, and delivered by barge along the Rhine River to Rotterdam, the Netherlands, before being shipped by sea to the UK […]

  • Rise in costs to $1.98 billion among factors impacting Equinor’s low-emission gas project

    22 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG) emissions. The company explains that onshore compression is now expected to start in 2029, one year after the original plan.

  • Large contract win gives Ocean Installer more work with Vår Energi

    10 November 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders

    Norway’s marine construction and operations player Ocean Installer, a wholly owned subsidiary of Moreld Group, has secured a contract defined as large with compatriot oil & gas player Vår Energi for the Balder Next development. Under the contract that is expected to bring NOK 1-2 billion ($98-$196 million) in value, Ocean Installer is in charge of […]

  • Energy efficiency measures can slash the cost of shipping’s transition by up to $220B, World Bank report finds

    22 October 2025
    Market Outlooks, Outlook & Strategy

    Energy efficiency measures can reduce the total cost of the maritime energy transition by up to $220 billion per year, according to a new report released by the World Bank.

  • Trump’s EPA rolls back Biden‑era oil & gas rules, slashes $2.5 billion in costs

    7 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    The Trump administration’s U.S. Environmental Protection Agency (EPA) has estimated that it will enable $2.5 billion in compliance savings over 15 years by cutting the red tape and revising the Biden-Harris administration’s oil and natural gas regulations to curb gasoline and energy costs.

  • ITM Power to deliver FEED for UK hydrogen project using its 5 MW electrolyzer solution

    6 October 2025
    Business Developments & Projects, Project & Tenders, Research & Development, Technology

    ITM Power has signed a front-end engineering design (FEED) contract for a project which has been shortlisted in the UK’s Hydrogen Allocation Round 2 (HAR2).

  • Green light for $1.8 billion oil redevelopment in Norwegian waters

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    ConocoPhillips, and its partners, Vår Energi, Orlen Upstream Norway, and Petoro, have sanctioned a project on the Norwegian Continental Shelf (NCS) that aims to extend the life of the Greater Ekofisk Area (GEA) through the redevelopment of previously produced fields (PPF) to enhance production capabilities and ensure long-term value creation off the coast of Norway. 

  • Orbital Marine Power gets €8M investment boost for tidal energy development

    10 December 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Technology

    Scottish renewable energy company Orbital Marine Power has secured a £7 million (around €8 million) investment to support its international commercial tidal stream projects, following new tidal energy licenses in Canada. Venture-focused investment firm PXN Ventures, the combined VC arm of Praetura Ventures and Par Equity, has joined existing shareholders, including Scottish Enterprise, to invest in […]

  • Everfuel inaugurates HySynergy, a 20 MW hydrogen production plant in Denmark

    4 November 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Danish green hydrogen company Everfuel has inaugurated HySynergy, its 20 MW green hydrogen production plant in Fredericia, Denmark, and sent its first supply to Germany.

  • Japanese player to pour $500 million into EIG’s LNG business

    20 March 2026
    Business & Finance, Business Developments & Projects

    Tokyo-based Idemitsu Kosan is setting the stage for full-scale entry into the liquefied natural gas (LNG) business with its multimillion-dollar investment in MidOcean Energy, an LNG player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).

  • EU draws the line on Russian gas with gradual ban from 2026, oil set to follow suit in 2027

    18 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Given its determination to shake off the shackles of dependence on Russian oil and gas imports, the European Union (EU) has decided to lay down the law on these fossil fuels by holding the line on the proposed gradual ban on imports of pipeline gas and liquefied natural gas (LNG) from next year, with oil expected to suffer the same fate in 2027 in response to what is being portrayed as Russia’s systematic weaponisation of energy supplies.

  • $35 billion gas export deal good to roll

    29 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    A multibillion-dollar agreement for the export of natural gas from Israel to Egypt is locked and loaded, following the green light from the Israeli government.

  • $400 million going into subsea tie-back to huge Barents Sea oil project

    11 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Three Norwegian oil and gas players – Equinor, Vår Energi, and Petoro – have set their caps on augmenting the production from a giant oil field that came online eight months ago in the Barents Sea by adding what will become the first subsea tie-back to the project, said to be the newest oil production hub on the Norwegian Continental Shelf (NCS).

  • NOIA depicts Gulf of America as anchor of US energy independence and maritime strength

    27 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Transition

    A new report, published by the National Ocean Industries Association (NOIA), has painted the Gulf of America (Gulf of Mexico) as one of the world’s most valuable and dynamic offshore energy regions, spotlighting it as a critical engine of innovation, economic strength, and national security.

  • EU puts its foot down on Russian oil & gas imports with gradual phase-out

    20 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The latest step taken to end the EU’s dependence on Russian fossil fuels is contained within its plans to gradually ban imports of oil, gas, and liquefied natural gas (LNG) from next year, with limited exceptions for existing short-term and long-term contracts. This legislation is described as a response to Russia’s systematic weaponisation of energy supplies.

  • TotalEnergies spotlights €20B poured into low-carbon progress since 2020 amid legal scrutiny

    24 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Transition

    In the aftermath of a court decision related to its carbon neutrality ambition, France’s energy giant TotalEnergies has shed light on its multi-energy strategy investments, highlighting its low-carbon inroads backed by a €20 billion injection over the past five years.

  • German player picks up permanent permit for LNG terminal with FSRU duo

    24 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Germany’s private operator of liquefied natural gas (LNG) terminals, Deutsche ReGas, has secured the go-ahead for the permanent operation of an energy terminal in Mukran with two floating storage and regasification units (FSRUs) using onboard gas generators.

  • Germany’s SEFE nails down 8-year LNG offtake with South American firm

    4 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Germany’s Securing Energy for Europe (SEFE) has finalized a multi-year liquefied natural gas (LNG) supply agreement with Argentina’s Southern Energy (SESA) against the backdrop of rising energy security concerns that are looming over Europe and the globe in the wake of the U.S.-Israel military operation against Iran, which decided to close the Strait of Hormuz.