Vantage Drilling has managed to cut its quarterly loss on the back of higher revenues driven by growing contracting activity and utilisation.
Combined market losses in offshore wind grew from GBP 124 million (around EUR 145 million) in 2010-2015 to GBP 500 million (around EUR 585 million) by 2020, with the average insurance claim nearly doubling from GBP 1.67 million (around EUR 2 million) to GBP 3.08 million (around EUR 3.6 million) in t
Marine robotics company Ocean Infinity and its partners are planning to build a marine propulsion test facility with an integrated ammonia marine propulsion system (AMPS).
Nexans has officially opened its high-voltage subsea cable plant in Charleston, South Carolina, which is the first such facility in the United States.
Utility company Seattle City Light will lead two studies exploring the potential of shifting from fossil fuel to clean hydrogen at the Port of Seattle.
Norwegian shipowner Eidesvik Offshore ASA has entered into a memorandum of understanding (MoU) with compatriot oil company Aker BP and Alma, a venture under establishment by Clara Venture Labs, to explore opportunities for utilising Alma’s proprietary fuel cell technology to accelerate the move to z
Aker BP has concluded the drilling of a wildcat well in the North Sea and encountered a minor oil discovery, which is not commercial.
Finnish-Baltic LNG bunkering service provider Elenger Marine has wrapped up the first ship-to-ship LNG bunkering operation in Estonia with its newbuild ship Optimus.
Equinor has awarded two contracts for weather and route advisory services in the North Sea and Norwegian Continental Shelf to StormGeo.
Greek shipowner Gaslog has picked the Finnish technology group Wärtsilä to maintain and ensure operations of ten of its very large LNG carriers.
Dutch tidal energy company Tocardo has sent off three of its T-1 tidal turbines towards Pembroke Dock where they will be installed on QED Naval’s Subhub community-scale platform.
Towage operator Svitzer, part of A.P. Moller – Maersk, has signed an agreement with naval architect company Robert Allan for the design of the world’s first fuel cell tug for harbour operations, running on green methanol.
Helix Energy Solutions and Trendsetter Engineering have partnered up to provide integrated hydraulic intervention services for subsea wells and flowlines.
Ørsted is proposing to build a large-scale offshore wind project in Vietnam which would have an installed capacity well beyond the offshore wind farms currently under construction or in development and would require an investment of over €10 billion. The developer has introduced its plan to a local
