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Technical due diligence wraps up for what will be world’s longest HVDC subsea cable
Energy and marine consultancy ABL has completed technical due diligence for what is expected to become the world’s longest HVDC subsea cable once it connects the UK and Morocco. The Xlinks Morocco-UK power plant includes the development of a commercial-scale renewable energy project in Morocco, harn

Finnish developer probing seabed at extension site of world’s first offshore wind farm in freezing conditions
Suomen Hyötytuuli has performed test dredging at the site of the Tahkoluoto offshore wind farm extension project, where the company plans to build a 600+ MW expansion to the existing 44.3 MW offshore wind farm, the world’s first built and operating in frozen sea conditions. The test dredging was car

Petronas takes steps to unlock more hydrocarbons in Indonesian waters
Petronas has penned a new production sharing contract (PSC) and prolonged an existing one off the coast of Indonesia to assist the country in bringing more hydrocarbons to the surface.

MOL, MISC and Petronas launch JV to develop and acquire LCO2 carriers
Malaysia’s state-owned energy giant PETRONAS, through its wholly-owned subsidiary PETRONAS CCS Ventures, its compatriot shipowner MISC Berhad and Japanese shipping major Mitsui O.S.K Lines (MOL) have signed an agreement to launch a joint venture company for the purpose of developing and owning liqui

ABS, HD KSOE and HD HHI team up on MVDC power systems for ships
American class society ABS and South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its affiliate HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding to collaborate on the technical feasibility of medium-voltage direct current (MVDC) power syste

Costs of energy storage systems on offshore hydrogen platforms can be reduced by 75%, study says
The costs for energy storage systems (ESS) on offshore hydrogen platforms can be reduced by 75%, a study by Dutch green hydrogen company H2SEA found.

Petrobras sets its cap on 14 new FPSOs by 2028 but decarbonization bells and whistles are a must for all
Petrobras is laying the groundwork to put 14 new floating production, storage, and offloading (FPSO) vessels into production mode over the next five years.

Under ‘significant’ contract, TechnipFMC to deliver fully integrated project for Australian energy giant
Australian energy giant Woodside Energy has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract to support ongoing production from an LNG project in Australia. Under the contract described as “significant”, TechnipFMC will design, manufactu

Norwegian shipping player’s vessel going to South America
Sea1 Offshore, former Siem Offshore, has won a deal in South America with an undisclosed company for one of its anchor handling tug supply (AHTS) vessels.

Norwegian firm wins work on semi-sub offshore Mauritania
Norway-based cleantech service provider Soiltech has landed a new contract with Tullow Oil for operations off the coast of Mauritania.

Agreement signed for ‘world’s first’ biomass-fueled ship
Japanese companies NYK Line, NYK Bulk & Projects Carriers (NBP), Tsuneishi Shipbuilding and British renewable energy business Drax Group have signed a new memorandum of understanding (MoU) to develop the ‘world’s first’ biomass-fueled ship (bioship) and the technology that could power it.

Ocean Power Technologies approaches 15 MWh milestone in renewable energy production
U.S.-based marine energy firm Ocean Power Technologies (OPT) has nearly hit 15 MWh of renewable energy production from its family of PowerBuoys (PBs) across the globe.

New ammonia terminal operations to be developed in Europe and America
Proton Ventures and LBC Tank Terminals have established a strategic joint venture aimed at developing ammonia terminal operations across Northwestern Europe and North America.

DFDS to splurge €1B on battery electric ships for the Channel
DFDS has unveiled a €1 billion investment in battery electric vessels to decarbonize maritime traffic in the English Channel.