10000 results found for 'wave energy'

10000 results found for 'wave energy'
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  • EIA: Nearly a third of US-made energy exported in 2024, mostly fossil fuels

    13 August 2025
    Business Developments & Projects

    According to the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy, almost one-third of the energy the country produced last year was exported.

  • Brazilian FPSO weeks away from restart following oil production shutdown

    18 August 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norway’s state-owned energy giant Equinor has switched off oil production at its largest operated field outside the European country.

  • Wave energy developers get fabrication boost with new TEAMER facility

    28 May 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Thompson Metal Fab (TMF) has joined the U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) facility network as a technical support provider in manufacturing design, focusing on constructability, scheduling, and cost for marine energy developers. According to TEAMER, the Vancouver-based company brings fabrication expertise to support concept-to-completion development for wave and tidal energy […]

  • Grimaldi welcomes second ammonia-ready car carrier

    8 August 2025
    Business Developments & Projects, Infrastructure, Vessels

    Italy’s shipping player Grimaldi Group has taken delivery of the second ammonia-ready pure car and truck carrier (PCTC), Grande Tianjin.

  • Morlais tidal energy project scales up as Cydnerth construction begins

    31 July 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Technology

    Construction has started on the Cydnerth infrastructure project in Holyhead to increase grid capacity for the Morlais tidal energy scheme from 18 MW to 240 MW, according to Menter Môn. Initial work at Parc Cybi involves laying underground cables to connect the Morlais substation at Ynys Lawd (South Stack) with the national grid. The £16 […]

  • Ocean Yield expanding LNG portfolio with CapeOmega purchase

    14 August 2025
    Business Developments & Projects, Project & Tenders

    Norwegian shipowner Ocean Yield and global investment firm KKR intend to purchase energy infrastructure company CapeOmega Gas Transportation from Partners Group, a global private markets investment manager.

  • Bumi Armada-MISC merger falls through

    15 August 2025
    Business & Finance, Business Developments & Projects

    Talks about a potential business combination between Malaysia’s Bumi Armada and the offshore segment of the compatriot shipping giant MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services, have come to nought.

  • Marine carbon removal gains momentum with launch of new coalition

    22 August 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    A new coalition uniting private companies, non-profit organizations and academic institutions to support the “responsible” growth of marine carbon dioxide removal (mCDR) has officially been launched. As disclosed, the Marine Carbon Dioxide Removal Coalition (mCDR Coalition), launched on August 21, will seek to inform and push forward research, support evidence-based policy engagements, and build relationships […]

  • NYK receives new dual-fuel LNG-powered bulker with open arms

    11 August 2025
    Business Developments & Projects, Vessels

    Japan-headquartered Imabari Shipbuilding has delivered a 209,000 dwt dual-fuel liquefied natural gas (LNG)-powered bulk carrier SG Dawn to its owner. The LNG-powered bulker was handed over on August 7 at the company’s Saijo Shipyard. It is understood that the newbuilding’s owner is Tokyo-based maritime transport giant Nippon Yusen Kabushiki Kaisha (NYK). As disclosed, the Japan-flagged […]

  • Matson, Hanwha Philly mark construction progress on new LNG-ready Aloha Class boxship trio

    5 August 2025
    Business Developments & Projects, Vessels

    U.S.-headquartered transportation and logistics company Matson and shipbuilder Hanwha Philly Shipyard, a wholly-owned arm of South Korea’s Hanwha Systems and Hanwha Ocean, have marked a construction milestone of the first of three new future-fit Aloha Class container vessels. As disclosed, on August 4, the first engine room section of the ship, weighing 420 metric tons, […]

  • New York to introduce its ‘first-ever’ hybrid-electric ferry

    14 August 2025
    Collaboration, Innovation, Technology, Transition, Vessels

    The Trust for Governors Island, a non-profit organization founded by the City of New York, has unveiled the Empire State’s ‘first’ hybrid-elec­tric pub­lic fer­ry, the Harbour Charger. As disclosed, the arrival of the hybrid-electric Harbour Charger marked a ‘landmark’ moment for both Governors Island and New York State’s efforts to facilitate sus­tain­able mar­itime trans­porta­tion. The […]

  • Everllence, MEYER RE join forces to develop methanol retrofitting solutions

    14 August 2025
    Business Developments & Projects, Collaboration, Innovation, Technology, Vessels

    German engine manufacturer Everllence (formerly MAN Energy Solutions) and compatriot MEYER RE, an arm of the Meyer Group focused on sustainable maritime solutions, have shaken hands on an initiative to ‘advance’ methanol retrofitting systems. As divulged by the partners, the project will aim to cut down on the maritime industry’s carbon footprint while ensuring operational […]

  • Norway’s northernmost oil field formally inaugurated

    8 August 2025
    Business Developments & Projects

    Norwegian Energy Minister Terje Aasland has officially opened a field offshore Norway operated by the country’s state-owned energy giant Equinor.

  • Black & Veatch delivers first MW-scale floating solar plant in Philippines

    6 August 2025
    Business Developments & Projects, Exploration & Production, Project & Tenders, Technology

    U.S.-based engineering and construction company Black & Veatch (B&V) has completed what is described as the Philippines’ first megawatt-scale floating solar photovoltaic (PV) facility, deployed on the Malubog Reservoir to support mining operations. According to B&V, the 3-hectare floating solar array was commissioned by Carmen Copper Corporation and includes 8,540 solar panels with a maximum […]

  • Thailand’s Mermaid Maritime secures $500M in Middle East project awards

    15 August 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has secured multiple project awards in the Middle East that have a combined value of approximately $430 to $500 million. The awards cover the delivery of a comprehensive suite of services, including diving, inspection, repairs and maintenance, as well as subsea cable installation […]

  • Petrobras awards DOF with two new contracts worth over $275M

    12 August 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian vessel owner DOF Group has secured two new long-term contracts with Brazil’s state-owned energy giant Petrobras that have a combined value of more than $275 million. Skandi Carla and Geoholm have been contracted on four-year charters with Petrobras as remotely operated vehicle (ROV) support vessels, both expected to begin their contracts in December. The […]

  • Greece’s FSRU back online after nearly 7-month downtime

    12 August 2025
    Business Developments & Projects

    Greek gas player Gastrade has resumed operations at the liquefied natural gas (LNG) terminal featuring a floating storage and regasification unit (FSRU) it operates in the Aegean Sea.

  • Venture Global emerges as winner in LNG arbitration case with Shell

    13 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has secured a win in the arbitration process with the UK-headquartered Shell over the U.S. player’s delay in kicking off full commercial operations.

  • US firm finds work on $8 billion gas development in Africa

    11 August 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Mellitah Oil and Gas, a joint venture between the African country’s National Oil Corporation (NOC) and Italy’s Eni, has handpicked the U.S.-headquartered Hill International, a member of the Global Infrastructure Solutions family of companies, to provide project management services for a multibillion-dollar energy project off the coast of Libya.

  • Chiyoda building third tank for compatriot’s LNG terminal

    8 August 2025
    Business Developments & Projects, Project & Tenders

    Japanese engineering company Chiyoda Corporation has won an engineering, procurement, and construction (EPC) contract with compatriot Saibu Gas for an additional tank at the latter’s liquefied natural gas (LNG) facility near Kitakyushu, Japan.

  • First full-scale wave-powered breakwater underway in France

    19 June 2025

    France-based Legendre Group has started constructing the first full-scale demonstrator for the Dikwe project in Boulogne-sur-Mer, northern France, in collaboration with GEPS Techno. Supported by ADEME and the Région Hauts-de-France, the initiative aims to integrate wave energy generation into coastal protection infrastructure using oscillating panels, or “flaps,” mounted on breakwaters. These flaps are driven by […]

  • Go-ahead for Noble rig to spud North Sea hydrocarbon prospect this month

    11 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    DNO Norge, a subsidiary of Norwegian oil and gas player DNO, has secured a drilling permit, which will enable it to drill a well in the North Sea off the coast of Norway with a rig owned by Noble Corporation, a U.S.-headquartered offshore drilling giant.

  • UAE player’s stake buy prompts rebrand of US LNG developer

    8 August 2025
    Business Developments & Projects, Project & Tenders

    UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has closed the acquisition of an interest in a subsidiary of energy-focused alternative asset manager  Kimmeridge.

  • UK’s first female-founded wave energy firm raises $700K to advance its tech

    29 May 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Vision

    Aberdeen-based ZOEX Power has secured £531,000 (around $715,000) in funding to support the development of its wave energy converter (WEC) technology. The round includes investment from angel syndicate Equity Gap, alongside backing from the University of Strathclyde and Scottish Enterprise. The investment unlocks an additional £196,000 from Innovate UK, allowing ZOEX to scale its WEC […]

  • New offshore solar testing results to pave way for certification standards

    25 June 2025
    Business Developments & Projects, Certification & Classification, Collaboration, Exploration & Production, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Vision

    A new white paper released under the North Sea Two (NS2) project outlines important findings from full-scale testing of floating offshore solar systems under simulated North Sea wave conditions. Conducted in the Deltares Delta Flume, the tests were a joint effort by Oceans of Energy, Deltares, TNO, and DNV. According to Deltares, the research offers […]