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ExxonMobil: Lawsuit against ‘activists masquerading as shareholders’ has investors’ interests at heart
ExxonMobil has pressed ahead with legal action against Arjuna Capital and Follow This to stop a re-submission of their proposal on Scope 3 emission-reduction targets.

Operation to connect subsea well infrastructure to Brazilian FPSO about to begin
Subsea equipment installation is about to commence at Enauta’s Atlanta field offshore Brazil, connecting the wells to the floating production, storage, and offloading (FPSO) vessel which arrived at the site earlier this month. Specialized vessel Sapura Ônix is en route to the field in the Santos Bas

Tidal energy company gets new name and new CEO
“We are excited to launch Occurrent Power and continue the work of BigMoon and its founder Lynn Blodgett to develop sustainable energy solutions that harness the natural flow of ocean currents and tides,” said the new CEO.

Shipbuilding sector, trade unions demand EU maritime industrial strategy
The Shipyards’ & Maritime Equipment Association of Europe (SEA Europe) and the federation of trade unions industriAll Europe – the social partners for shipbuilding and ship repair – have called on the next European Commission to issue ‘a robust EU maritime industrial strategy’.

APM Terminals Barcelona to cut emissions through electrification of equipment
APM Terminals Barcelona has held the commissioning of seventeen Konecranes NSC 644 EHY hybrid straddle carriers as part of its decarbonization strategy.

New jobs expected in North East England as Prysmian inks deal with Middlesbrough Port
Italian cabling giant Prysmian has established a long-term partnership with Port of Middlesbrough, its northern European marine base, as part of its growth plans, expected to create new jobs in the region. Prysmian, which has been a tenant at Port of Middlesbrough for several years, has signed a ten

UK oil & gas firm gets the go-ahead to bring field online as tie-back to North Sea FPSO
Serica Energy has received a stamp of approval to develop its operated field in the North Sea, which will be tied back to an existing FPSO.

Green light for LNG project on US Gulf Coast to embark on pre-filing process
The U.S. Federal Energy Regulatory Commission (FERC) has given its blessing to Gulfstream LNG Development (Gulfstream LNG).

Multifaceted energy transition cards carving ExxonMobil’s spot in low-emission future
ExxonMobil is making strides in pursuing a versatile emission reduction approach to leave its mark on the global decarbonization scoreboard.

Two new blade technologies from Edinburgh University researchers aim for renewable energy efficiency
EPSRC has funded a collaboration between Professor of Fluid Mechanics and Bioinspired Engineering, Ignazio Maria Viola, and Senior Lecturer in Composites Design and Testing, Eddie McCarthy, which resulted in two new technologies that are expected to reduce unsteady loading, improve turbine resilienc

IWSA: 37 wind-powered and 11 wind-ready ships in operation
In late March 2024, there were 37 wind propulsion-installed vessels along with eleven wind-ready ships which have a combined total of 2.5 million dwt, the International Windship Association (IWSA) revealed.

14-year LNG carrier deal lifts CoolCo’s total revenue backlog to nearly $1.9 billion
Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) has signed a multi-year TCP agreement with India’s GAIL (India).

RWE, Masdar award geophysical surveys contract for DBS West offshore wind farm
RWE and Masdar have signed a contract with marine technology and data acquisition company, Ocean Infinity, for 3D ultra high-resolution seismic (UHRS) geophysical surveys at the Dogger Bank South (DBS) West offshore wind farm in the UK. Located over 100 kilometers off the northeastern coast of Engla

Hy2gen USA strikes offshore wind-to-hydrogen partnership with Ocean Connect Energy
Hy2gen USA, the U.S. subsidiary of global green hydrogen producer Hy2gen, and Ocean Connect Energy (OCE) have signed a Memorandum of Understanding (MoU) to jointly investigate the potential to power renewable hydrogen production from offshore wind. The MoU formalizes a collaboration between the two