The EU’s flagship Horizon Europe program is to issue a multi-million funding call this September, focused on advancing the sustainability, reliability, and cost-efficiency of ocean energy devices. With a budget of €8 million, this call for the “Critical Technologies for Future Ocean Energy Farms” pr
Japanese shipping major NYK Line has conducted a demonstration test of new technology Hz Navi System, which can produce energy-saving effects by lowering the frequency of the generator according to optimal specifications.
On August 19, 2024, trade association INTERTANKO revealed a partnership with DNV’s industry cloud platform Veracity, supporting the tanker industry in its decarbonization efforts. As reported, the partnership could make it ‘easier’ for tanker operators to share their emissions data with DNV Veracity
New Fortress Energy (NFE) has restarted production at its floating liquefied natural gas (FLNG) unit off the coast of Altamira, Mexico.
ClassNK will award machinery room safety (MRS) accreditation to the ammonia-fueled medium gas carrier developed by NYK and partners.
Gran Tierra Energy has made a move to bring i3 Energy, the UK-based oil and gas player, into its fold by pursuing a $225.4 million business combination that will not only diversify but also expand its asset portfolio.
Dubai-headquartered engineering and services company Kent is developing a comprehensive report aiming to offer guidance for determining the cost of decarbonization, including its societal aspect, in the upstream oil and gas industries on behalf of the London-based Energy Institute.
JDR Cable Systems is already at the forefront of the production and supply of dynamic subsea cables to the floating wind market and will become a leader as the market expands, JDR’s Chief Strategy and Compliance Officer said in an interview with our sibling news site offshoreWIND.biz. In this articl
Candela, a Swedish maker of sustainable, electric hydrofoil vessels, has revealed that it will supply a fleet of P-12 electric hydrofoil ships for NEOM, a mega city project in Saudi Arabia.
Anemos, the first sailing cargo ship ordered by French sailing freight transport company TransOceanic Wind Transport (TOWT), has embarked on its maiden voyage.
Shelf Drilling has pushed its total contract backlog to $2.1 billion at the end of the second quarter of 2024.
DOF Subsea has secured a contract extension for its high-end subsea vessel that will keep the vessel busy until mid-2028. The new commitment for DOF’s Skandi Africa will run until May 2028 and will commence in direct continuation with the current commitment, which runs until February 2025. According
Norway-based floating solar company Ocean Sun has secured funding from state-owned Innovation Norway to advance key technology areas, including a freshwater collection system.
Chinese shipping heavyweight China Merchants Energy Shipping (CMES) has placed an order for ten energy-efficient tankers at compatriot Dalian Shipbuilding Industry.
