Equinor has reduced its recoverable reserves estimate for a field in the UK North Sea, which will result in a $1.8 billion impairment.
ACUA Ocean, a clean maritime startup, has joined the UK Chamber of Shipping, the trade association of the UK shipping industry that gathers around 200 members.
French power cable manufacturer Nexans has received an order to deliver approximately 110 kilometers of high voltage subsea export cables for the South Fork offshore wind project in New York. The three-phase 138 kV high voltage alternative current (HVAC) subsea export cables will be integrated with
Turkey’s TPAO has performed the first flow test in Türkali-1 appraisal well in the Sakarya gas field located in the Western Black Sea.
EC-OG’s Halo intelligent subsea battery storage system, which will be integrated into C-Power’s SeaRAY autonomous offshore power system (AOPS), has been shipped from Scotland to Hawaii. Halo, currently on its way to Honolulu, will serve as the energy storage system and gravity anchor for C-Power’s d
On 10 January, California Governor Gavin Newsom presented a 2022-23 state budget proposal that includes a planned $2.3 billion investment for Californian ports to reduce congestion.
Wood has marked a year of strategic growth in the Middle East region after accumulating $580 million of secured backlog in 2021.
Norway’s IK-Group and Nautilus Subsea have signed a memorandum of understanding (MoU) to together deliver new subsea technology to the industry. End-user benefits will include accelerated project execution which will deliver cost-saving through reduced offshore campaigns and vessel time, IK-Group st
McDermott and CSIRO have joined forces to advance carbon capture solutions in a quest to bring the industry closer to a net-zero future.
Norwegian cleantech company TECO 2030 and its compatriot energy firm Gen2 Energy have signed a memorandum of understanding (MoU) to cooperate on relevant projects where green hydrogen is needed for fuel cells.
Korea Maritime & Ocean University researchers identify liquefied petroleum gas (LPG) as a low-cost and eco-friendly alternative to marine propulsion fuels.
CGG is set to commence phase three of the dual-azimuth multi-client 3D survey in the Northern North Sea in May. The multi-year survey adds a second azimuth over CGG’s existing Northern Viking Graben (NVG) multi-client 3D survey and extends coverage into the UK Continental Shelf. Starting in early Ma
Hornbeck Offshore has inked a deal to acquire ten offshore supply vessels (OSVs) from affiliates of Edison Chouest Offshore.
Offshore wind developer Ørsted will buy a 45% share of power-to-fuel developer Liquid Wind’s FlagshipONE e-methanol project in Sweden to decarbonise the maritime sector.
