Eco Wave Power has received a green light from the Port of Los Angeles for the engineering plans of the wave energy project the company is developing in partnership with Shell International Exploration and Production, as well as for other documents submitted. The Port of Los Angeles and AltaSea at t
A new head of terms has been inked for an option on a lease at the Port of Tyne near Newcastle on the River Tyne in North East England to move forward with the development of what is envisioned to become the world’s largest HVDC subsea cable factory.
Yinson, which currently invests in five business units, has set the wheels in motion to part with the last affiliate on this list, which offers integrated offshore support vessel services.
Plans have been set to put the required funding in place to take a final investment decision (FID) on a subsea interconnector project between the UK and Iceland.
TechnipFMC has put the finishing touches on its assignment at a gas-to-energy (GtE) project off Guyana’s Atlantic coast, which is envisioned to enable infrastructure buildout required to allow for natural gas to be transported from an oilfield in the waters of the prolific Stabroek Block to an integ
Malaysian rig owner Velesto Energy has reported solid financial results for the second quarter of 2024, which it attributes to higher utilization and average daily charter rates.
While two huge oil and gas projects in the waters off the coast of the UK have been walking a tightrope for some time, their operators, Britain’s Shell and Norway’s Equinor, did not waiver in their commitment to enriching the energy market with these resources and both hydrocarbon developments overc
Vår Energi has wrapped up the divestment of its interests in five oil and gas fields in the Norwegian Sea for a fixed after-tax consideration of $51 million and the transfer of a stake DNO Norge, a subsidiary of DNO, has in one of Vår Energi’s core hub areas.
Denmark’s fund management company focused on maritime investments European Maritime Finance (EMF), in collaboration with international shipping company Atlas Maritime, has confirmed the order of three LPG/ammonia carriers at South Korean shipyard HD Hyundai Heavy Industries (HHI). HD HHI’s parent co
TotalEnergies and QatarEnergy have increased their presence in the Orange Basin with more offshore acreage by getting interests in a block off the coast of South Africa ahead of offshore exploration activities on this block.
Carnegie Clean Energy, through its wholly owned subsidiary CETO Wave Energy Ireland (CWEI), has received a progress payment of €251,100 under the EuropeWave Phase 3 contract. The EuropeWave contract is part of the ACHIEVE Program, facilitating the first deployment of CETO in Europe. This contractu
DOF has secured additional job opportunities in the Asia Pacific (APAC) region for one of its purpose-built dive support vessels (DSVs) equipped to come to grips with subsea infrastructure challenges and deepwater systems.
EnQuest has widened its decommissioning operator role at offshore fields in the UK sector of the North Sea after Britain’s energy giant Shell decided to pass EnQuest its decommissioning management role.
Prosafe has inked a deal with North Sea-focused Ithaca Energy for one of its flotels, which enables the reactivation of the semi-submersible unit laid up at Scapa Flow in the UK.
