
UK-based Apollo Offshore Engineering has set its sight on reducing the costs and risks associated with wave energy through the development of a PALM connector which is said to offer ‘real promise’ for array scale deployments.

Canada-based marine technology company Kraken Robotics has completed the acquisition of 3D acoustic imaging specialist PanGeo Subsea.

SBM Offshore has signed a letter of intent with Petrobras for a 22.5 years lease and operate contracts of FPSO Alexandre de Gusmão.

Bangladesh’s Summit Oil and Shipping has signed a memorandum of understanding (MoU) with Commonwealth LNG for the supply of LNG to Asia, including Bangladesh.

Dyna-Mac has secured a fabrication project from a Chinese company for a total provisional contract sum of S$114 million.

US-based LNG equipment maker Air Products’s LNG technology has been selected for the Nigeria LNG (NLNG) Train 7 project.

Dredging works on the Sea Canal in the Gulf of Ob are in full swing now. At the moment, seven giant dredging vessels are busy working on the waterway. The main contractor is Mordraga LLC. The first five dredgers arrived to the site on July 19, IAA PortNews reports. The agreement on reconstruction of

Neptune Energy has completed the installation and testing of the electrically trace-heated (ETH) subsea production pipeline at its Fenja field in the Norwegian sea.

Abu Dhabi-based renewable energy developer Masdar and Indonesia’s state-owned power company PT PLN have reached financial close and started construction of a 145MW floating solar project in Indonesia.

Marine infrastructure company Acteon has secured an integrated project with Atlantic, Gulf & Pacific Company (AG&P) for the development of Philippines LNG (PLNG), an LNG terminal in Batangas Bay.

ZTT has secured an engineering, procurement, installation, and commissioning (EPIC) contract with the National Grid Corporation of the Philippines (NGCP) for the Negros-Panay interconnection project.

UK gas company IOG plc has started drilling the Blythe development well located in the UK North Sea ahead of the first gas from the hub.

U.S. offshore engineering and construction services firm McDermott International has set up emission reduction targets, outlined in its recent sustainability report. McDermott’s aim is to reach a 50% reduction in scope 1 and 2 greenhouse gas (GHG) emissions by 2030, as well as a 35% reduction in sco

The U.S. Department of Energy-supported Testing Expertise and Access for Marine Energy Research (TEAMER) programme is now accepting applications for the fourth request for technical support (RFTS).