Danish wave energy firm Wavepiston has named Jan Otto Ooms as its newest board member following its annual general meeting on June 20, 2025. Jan Otto, founder of Connect the Drops, recently invested in Wavepiston and brings experience in scaling businesses and the water sector. Wavepiston secured a
UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of a compatriot player, Parkmead (E&P) Limited (PUK), from Parkmead Group, expanding its North Sea portfolio with two additional licenses on the UK Continental Shelf (UKCS).
Norway’s oil and gas company Pandion Energy has signed an agreement to sell its stakes in three assets offshore Norway to Inpex Idemitsu Norge, a subsidiary of Japan’s Inpex.
The European Commission (EC) has wrapped up its probe into suspected fraud involving Chinese biodiesel imports flagged by Germany two years ago, uncovering certain systemic flaws and vowing corrective action. Specifically, the EC said that it has unearthed some weaknesses in the way certification au
Italy-headquartered Next Geosolutions (NextGeo) has signed a sale and purchase agreement for the acquisition of 75.4% of the share capital of a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening it
Dutch offshore solar company Oceans of Energy, in collaboration with NIOZ Royal Netherlands Institute for Sea Research, has deployed two environmental monitoring landers at the Hollandse Kust Noord (HKN) wind farm, operated by CrossWind. According to Oceans of Energy, the site is set to host the wor
Australian manufacturer of high-speed catamaran ferries Incat Tasmania has been selected to design and build two new battery-electric ferries for Danish ferry operator Molslinjen.
Keeping the remaining potential for exploration and recovery in mind, a fresh oil and gas discovery, which was drilled with a Noble Corporation-owned rig in the Baltic Sea, has aided the operator of the Wolin license block off the coast of Poland to infer that this find is one of the largest convent
H2Mare, a project focused on researching the offshore production of green hydrogen and other power-to-X (PtX) products from wind energy, has launched a floating test platform to demonstrate a complete PtX process chain for sustainable fuels in Bremerhaven, Germany.
Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have inked a rig contract with Noble Corporation for a drilling assignment in the Black Sea, offshore Bulgaria.
Tsuneishi Heavy Industries (THI), a Philippines-headquartered manufacturing base of Japan’s shipbuilding major Tsuneishi Shipbuilding, has launched what it claims is “the world’s first” methanol dual-fuel Kamsarmax bulk carrier. The vessel, which hit the water on July 17 at the Slipway No. 2 at THI,
A research project carried out by The Oyster Restoration Company (TORC) and supported by RWE has established that large-scale native oyster reef restoration at offshore wind farms in the North Sea is feasible. “Flat oysters are an important species because they can create reefs that provide food and
Norwegian vessel management services provider Aurora Offshore, part of the Borealis Group, has taken delivery of the eleventh and final vessel from compatriot operator Sea1 Offshore, ex-Siem Offshore. Siem Barracuda, the third high-end subsea vessel of a total of three that are part of the collabora
Brazilian oil and gas player Brava Energia has returned to production mode two additional wells at an oil field off the coast of Brazil.
