As the UK’s offshore oil and gas industry faces a critical juncture in its emissions reduction pursuit, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has pushed for a boost in investment to meet net zero aspirations, as current efforts fall short of long-term decarbonization
The Italy-flagged ferry Moby Drea, once cleared by Italian authorities for refurbishment in Croatia, has re-emerged as a controversial dismantling case after protests from Croatian civil society organizations exposed its heavy asbestos contamination, raising questions over regulatory oversight and t
Iceland’s Carbon Recycling International (CRI) has signed a strategic cooperation agreement with China’s Jilin Huajin Energy for the Yushu green methanol project located near Changchun City in Jilin Province, Northeast China.
Italian cabling company Prysmian Group has signed a Memorandum of Understanding (MoU) with Singapore’s state-owned energy giant Sembcorp Industries and Italy’s export credit agency and insurance and finance group SACE, controlled directly by the Ministry of the Economy and Finance, to explore opport
SOHAR Port and Freezone, a deep-sea port and adjacent free zone in the Middle East, has signed a development agreement with Oman’s Moonrock Research and Development and Denmark’s PowerCon to establish shore power infrastructure at the container terminal in the port.
UK engineering and consulting company Wood has secured a contract extension to provide operations, maintenance, modifications, and support services (OMMS) on the assets located on the UK Continental Shelf (UKCS) operated by the Norwegian state-owned energy giant Equinor.
Swedish ocean energy developer Minesto has appointed a new chief financial officer (CFO) who will take over the role as of October. According to Minesto, Alexander Jancke has a strong background in finance with experience spanning nearly ten years as a certified auditor and financial adviser at KPMG
Synera Renewable Energy (SRE) has awarded a contract to Seaway7, part of the Subsea7 Group, for the transport and installation of 35 inter-array cables at the Formosa 4 offshore wind farm in Taiwan, with offshore work expected to commence in 2028. Announcing the contract award, Subsea7 said this was
German Federal Institute for Materials Research and Testing (BAM) and the Korea Institute of Civil Engineering and Building Technology (KICT) have signed a memorandum of understanding (MoU) to expand their cooperation in the field of hydrogen safety.
Yokohama-based shipbuilding company Japan Marine United Corporation (JMU) recently handed over an environmentally friendly 159,097 dwt Suezmax tanker to its owner. According to JMU, the tanker—christened Advantage Smart—was delivered on August 29 at the company’s Ariake Shipyard in Kumamoto prefectu
Ireland-headquartered and AIM-listed United Oil & Gas has secured a license off the coast of Jamaica, which is set to lend a helping hand in unleashing the hydrocarbon potential of the firm’s offshore asset.
As part of a consortium of 12 Japanese companies, Japanese shipping company Mitsui O.S.K. Lines (MOL) has invested in Commonwealth Fusion Systems (CFS), a US-based fusion energy company.
Japan’s MODEC has executed a co-operation agreement with infrastructure solutions provider Africa Finance Corporation (AFC) to jointly work on floating production, storage, and offloading (FPSO) units projects and other maritime infrastructure projects in Africa.
Energy and marine consultancy ABL Group has made changes to its executive management team with the appointment of a new chief executive officer (CEO), succeeding the company’s co-founder in the role. The new CEO, Hege Marie Norheim,. brings experience in oil & gas and renewables from roles of Senior
