UK-based company Sustainable Marine Energy has unveiled its new PLAT-I tidal energy platform that will be tested in the Bay of Fundy’s Grand Passage before moving to the Fundy Ocean Research Centre for Energy (FORCE) to form the world’s first floating tidal energy array.
BP recorded a significant decrease in its quarterly profit due to lower demand, exploration write-offs, and lower oil and gas prices
Swedish forest products company SCA revealed plans to invest approximately SEK 460 million (about $54.7 million) in Tunadal port between 2021 and 2024.
Energy consultancy AGR said that its Well Management business unit has entered into a strategic framework agreement for decarbonisation exploration with UK-based dCarbonX. The Scope covers supporting dCarbonX in the development of GeoEnergy resources. This includes carbon capture, use and storage (C
Oil and gas service provider Baker Hughes has signed a deal with Russia’s Novatek to reduce carbon emissions from the latter’s natural gas and LNG production.
Brazilian oil and gas giant Petrobras is selling its whole interest in two shallow-water fields located in the Espírito Santo Basin offshore Brazil.
Japan’s Mitsui O.S.K. Lines (MOL) has announced that it will restructure the organisation as of 1 April and that it will establish a business division dedicated solely to offshore wind. As part of its restructuring and setting up several new business units and divisions, MOL is establishing the Wind
Mitsubishi Heavy Industries and Vestas have launched MHI Vestas Japan, a joint venture targeting onshore and offshore wind turbine markets in Japan. The joint venture started operating on Monday, 1 February. MHI Vestas Japan’s head office is located in Chiyoda-ku, in central Tokyo. Masato Yamada, fo
MMH Malta, a port facility and provider of services for offshore drilling rigs, has revealed that its CEO has come to an end of his role in the company.
Norwegian floating LNG player Höegh LNG has completed and signed all documentation for its 10-year charter with H-Energy.
French tidal energy developer Sabella has taken over tidal energy assets from GE Renewable Energy which in turn became an equity partner in the company.
C-Innovation, an affiliate of Edison Chouest Offshore, has secured a one-year contract extension with BP for riserless light well intervention (RLWI) in the Gulf of Mexico. Currently mobilised, the vessel Island Venture and team are in the field working on one of BP’s assets now. The initial RLWI co
Energy storage company Corvus Energy is set to start the development and production of sustainable, large scale maritime-certified hydrogen fuel cell systems.
Saipem has been awarded a € 460 million contract by Eoliennes Offshore du Calvados (EODC) for the delivery of wind turbine foundations for the Courseulles-sur-Mer offshore wind farm in France. The contract, subject to EODC making a positive final investment decision, covers the design, construction
