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EMEC launches restructuring as it awaits for more favorable tides
The European Marine Energy Centre (EMEC), the world’s first and leading facility for demonstrating and testing wave and tidal energy converters, has started consultations with its staff to restructure the company.

Nautical charts of the future will make shipping safer and more sustainable
The Federal Maritime and Hydrographic Agency (BSH), a central maritime authority in Germany, is developing the next generation of electronic nautical charts in an effort to make shipping safer, more efficient and sustainable.

Emerson invests in Frugal Technologies to cut fuel consumption in shipping
The US-based global automation technology company Emerson has made a strategic investment in Frugal Technologies, a Danish company offering fuel optimization technologies.

Chinese shipping giant orders world’s first methanol-powered engine for VLCC
China Merchants Energy Shipping (CMES), the Shanghai-listed shipping giant and daughter company of China Merchants Heavy Industry (CMHI), has ordered a methanol-powered engine that will be installed onboard a very large crude carrier (VLCC).

North Sea represents £20 billion business opportunity for decom industry, says UK trade body
OEUK’s report: Shutting down obsolete North Sea energy installations is a business opportunity worth over £20 billion over the next decade.

OOCL boxship receives biofuel blend from KPI OceanConnect
London-based marine energy solutions provider KPI OceanConnect has supplied a B24 biofuel blend to Hong Kong-based container shipping company Orient Overseas Container Line (OOCL).

Greek shipowners embark on buying spree for newbuild tankers, LNG carriers
Greek shipping companies Sea Pioneer, Dynacom and Evalend Shipping have embarked on a buying spree for new vessels, which includes tankers and liquefied natural gas (LNG) carriers.

Source of Gulf of Mexico oil spill still unknown following over million gallons discharge – gallery
Clean-up activities are still ongoing in response to a crude oil spill in the Gulf of Mexico near MPOG’s pipeline system close to Plaquemines Parish, Louisiana.

Petrobras and Shearwater set up partnership to ‘reshape’ seismic exploration
Norway’s Shearwater GeoServices and Brazilian state-owned oil and gas giant Petrobras have entered into a multi-year collaborative technology agreement aimed at reshaping seismic exploration and field developments in Brazil. The commitment will encompass the industrialization of Shearwater’s marine

Equinor: Oil & gas activities bode well for Norway with ‘strong’ ripple effects bringing billions of dollars
Deliveries to exploration, operation, and modification of Equinor’s operated fields and onshore plants in Norway exceeded NOK 93 bln in 2022.

Maersk inks landmark green methanol offtake agreement with China’s Goldwind
Danish integrated logistics company A.P. Moller-Maersk and Chinese clean energy company Goldwind have entered into the first large-scale green methanol offtake agreement for the global shipping industry.

ONE pulls trigger on new ships with order for 12 methanol dual-fuel boxships
Singapore-based shipping company Ocean Network Express (ONE) has placed an order for twelve new methanol dual-fuel contanerships.

MMA Offshore going to Timor-Leste for decommissioning ops
MMA Offshore has secured a contract to deliver a range of subsea services in support of decommissioning activities in Timor-Leste. MMA announced that it had been awarded a contract by Timor Gap Drilling And Services, Unipessoal, LDA, a subsidiary of Timor Gap E.P., in association with Santos to prov

US sheds light on probe into fatal Gulf of Mexico incident from 2021
BSEE has looked into circumstances surrounding a fatal incident aboard Fieldwood Energy’s platform in the Gulf of Mexico.