Business & Finance
California getting new robotic tech lab for marine research tools
Monterey Bay Aquarium Research Institute (MBARI) is constructing a robotic technology lab in Moss Landing, California, that will provide the space needed for the critical assembly, integration, and testing of new equipment before deployment into the ocean. The 31,900-square-foot Instrumentation Inte
Three-year gig for Aban rig with Indian operator
India’s offshore drilling contractor Aban Offshore has secured a long-term deal for one of its jack-up rigs for operations offshore India.
Australia’s green hydrogen firm Hysata raises $29.5 mln
Australian green hydrogen company Hysata has closed its Series A funding round with A$42.5 million ($29.4 mln).
Eco Wave Power’s wave energy pilot en route to Los Angeles
Eco Wave Power’s wave energy pilot, previously deployed in Gibraltar, has begun its journey to AltaSea at the Port of Los Angeles.
Norwegian contractor to build Shell’s Jackdaw platform
Aker Solutions has been awarded a contract from Shell UK for the delivery of a platform for the Jackdaw gas field in the UK North Sea.
Alfa Laval buys biofuel processing firm to reinforce position in renewables sector
Swedish sustainable solutions provider Alfa Laval has completed the acquisition of Belgium-based Desmet, a supplier of processing plants and technologies for edible oils and biofuel sectors. Announced in March this year, the acquisition is expected to strengthen Alfa Laval’s position in the renewabl
WSP gets in on Morocco-UK power project
Xlinks has appointed WSP to provide technical advisory services for the tendering process for four HVDC converter stations and ancillary works for the Morocco-UK Power Project. WSP will support the procurement process for converter stations in the UK and Morocco, UK grid connection works, connection
Danaos: Liners slowing down their ships to meet CII
Liner companies are redesigning their operating loops with lower speeds to meet environmental regulations, particularly the Carbon Intensity Indicator (CII) requirements, Danaos’ CEO John Coustas says. Specifically, ships would need to measure and document their actual annual operational CII against
BP joins its peers in posting massive profits
BP joined its peers in posting record quarterly profits on the back of higher oil and gas prices and strong refining margins.
Reygar, Cedar Marine to help fleet operators reduce carbon emissions
UK-based maritime remote monitoring systems provider Reygar and compatriot carbon reduction and sustainability specialist Cedar Marine have teamed up to provide an integrated service for monitoring and reducing fuel, energy use and carbon emissions across vessels and business operations in the marit
Agreement signed for one of UK’s first wind-powered oil & gas production facilities
A new deal signed between an oil and gas operator and a green energy and infrastructure developer will see the creation of one of the UK’s first wind-powered oil and gas production facilities.
MPS taps TSC Engineering for wind and wave energy hybrid
Marine Power Systems (MPS) has selected TSC Engineering to provide the design and development of the tensioner deployment system for its combined wave energy and floating wind solution.
TechnipFMC wins work for Guyanese gas-to-energy project
TechnipFMC has won a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) for the gas-to-energy project offshore Guyana. Subject to final project sanction, TechnipFMC will provide engineering, procurement, construction and installation (EPCI) of subsea risers and p
Azule Energy, Angola’s largest independent oil & gas producer, is born
BP and Eni have confirmed that Azule Energy, a new JV combining the two companies’ businesses in Angola, has been established.