
A consortium of academic institutions, including the University of New Hampshire (UNH), Stony Brook University, Lehigh University and Coastal Studies Institute, has formed a new research and development centre focused on ongoing needs for sustainable renewable ocean energy.

Woodside has agreed to form a consortium with BP and MIMI to study the feasibility of a CCS project near Karratha in Western Australia.

Tekmar Energy has delivered the final batch of cable protection systems (CPS) for Ørsted’s Hornsea Two offshore wind farm.

Finnish engineering majors Cargotec and Konecranes, which launched in 2020 a process to merge the two entities, have unveiled the operating model and leadership team of the future company.

German engine manufacturer MAN Energy Solutions says its gas-powered engines are hydrogen-ready and operable in stationary mode with a hydrogen content of up to 25 per cent by volume in a gas-fuel mix.

Prosafe has achieved the highest quarterly fleet utilisation rate since 2019, nearly quadrupling its revenues when compared to 3Q last year.

Shipping joint venture Proman Stena Bulk has launched the Stena Pro Patria, the first of three 49,900 dwt methanol dual-fuel MR tankers that Proman and Stena Bulk are building together.

U.S. LNG export project developer Venture Global LNG has signed a deal with China Petroleum & Chemical Corporation (Sinopec) to provide China with four million tonnes of LNG a year for a period of 20 years.

Hartree Maritime Partners (HMP), the shipping affiliate of global energy and commodities firm Hartree Partners, has signed a $108 million debt finance facility to purchase two environmentally friendly very large crude carriers (VLCCs).

Wintershall Dea has begun the last part of the Nova drilling campaign from the Scarabeo 8 rig after originally starting about a year ago.

US classification society ABS, South shipbuilder Hyundai Heavy Industries (HHI) and its parent company Korea Shipbuilding and Offshore Engineering (KSOE) have unveiled two joint development projects (JDPs) to develop decarbonization technologies to support global sustainability ambitions.

Aker Offshore Wind and Aker Clean Hydrogen, together with DNV, have used the COP26 conference to unveil a project utilising 10 GW of floating offshore wind capacity to power multiple floating installations which will produce green hydrogen for onwards transmission to a net-zero hydrogen refinery on

Providence Resources has completed the site survey at the K drilling location of the Barryroe field in the North Celtic Sea.

Japanese shipping major Mitsui O.S.K. Lines (MOL) has joined forces with compatriot Namura Shipbuilding and Mitsubishi Shipbuilding to develop a large-size ammonia carrier powered by ammonia fuel.