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Business & Finance

Elogen picked for European Commission's Hydrogen IPCEI
Business & Finance

Elogen picked for European Commission’s Hydrogen IPCEI

French tech company for PEM electrolysis Elogen said that its project has been selected by the European Commission as part of the Hydrogen IPCEI (Important Project of Common European Interest).

about 4 years ago
Gasunie picks N-Sea for BBL pipeline survey
Business & Finance

Gasunie picks N-Sea for BBL pipeline survey

N-Sea Offshore has won a contract with Gasunie to deliver offshore acoustic survey services for the BBL subsea pipeline between the Netherlands and the UK. N-Sea will carry out an acoustic survey of approximately 230 kilometers of offshore pipeline in the Southern North Sea, between Balgzand in the

about 4 years ago
Brazilian giant carrying out assessment of recent oil discovery
Business & Finance

Brazilian giant carrying out assessment of recent oil discovery

Petrobras has completed the drilling of a well off Brazil and is working to establish the full potential of this play.

about 4 years ago
San Francisco: Zero-emission ferry network in the making
Business & Finance

San Francisco: Zero-emission ferry network in the making

The San Francisco Bay Area Water Emergency Transportation Authority (WETA), a regional public transit agency, has secured a $14.9 million grant from the California State Transportation Agency (CalSTA) to develop a high-frequency battery-electric ferry network in San Francisco. The grant will be used

about 4 years ago
Ocean Yield
Business & Finance

Ocean Yield opts for another methanol-ready boxship

Norwegian shipowning company Ocean Yield AS is buying another methanol-ready boxship newbuilding for long-term charter.

about 4 years ago

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UAE’s ADNOC Drilling expands its fleet as India’s Aban unloads another rig
Business & Finance

UAE’s ADNOC Drilling expands its fleet as India’s Aban unloads another rig

India’s Aban Offshore has closed the sale of one of its jack-up drilling rigs to the UAE-headquartered ADNOC Drilling.

about 4 years ago
New long-term deal for Solstad vessel in Australia
Business & Finance

New long-term deal for Solstad vessel in Australia

Solstad Offshore has inked a long-term deal for one of its PSVs with an undisclosed energy company for operations off Australia.

about 4 years ago
Red alert for EU: How can Europe prevent a major gas crunch?
Business & Finance

Red alert for EU: How can Europe prevent a major gas crunch?

Amid the global energy crisis, coordinated actions across the EU are essential to prevent a major gas crunch, says the IEA boss.

about 4 years ago
Gulf of Mexico: 1 million gallons of oil collected from 18-year-old spill over past three years
Business & Finance

Gulf of Mexico: 1 million gallons of oil collected from 18-year-old spill over past three years

The U.S. Coast Guard has contained and collected over one million gallons of oil discharged from wells connected to a toppled platform.

about 4 years ago
First construction permits in place for Prysmian's Massachusetts subsea cable factory
Business & Finance

Prysmian secures first construction permits for Massachusetts subsea cable factory

Prysmian has received the first layer of approval of the construction permits for the development of its new subsea cable plant in Brayton Point, Massachusetts, which will service the U.S. offshore wind sector. Construction is planned to start in the summer of 2023 and to take two years. With a $200

about 4 years ago

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Island Drilling’s rig wraps up work with Dana and gets started on its next gig
Business & Finance

Island Drilling’s rig gets started on its next gig

Island Drilling has completed its work with Dana Petroleum on the UKCS and moved to its next assignment in the UK North Sea.

about 4 years ago
Illustration/Part of OPT’s products range (Courtesy of OPT)
Business & Finance

OPT’s loss for 2022 widens, with slight rise in revenues

US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss for the fiscal year 2022, compared to the same period a year earlier, recording also a slight rise in revenues for the period.

about 4 years ago
Shell picks Australian firm to support optimisation and decarbonisation of five deepwater assets in Gulf of Mexico
Business & Finance

Shell picks Australian firm to support optimisation and decarbonisation of five Gulf of Mexico assets

Shell has hired Worley to support five assets in the U.S. Gulf of Mexico (GOM) on their low-carbon journey.

about 4 years ago
Retired North Sea platform embarks on its transformation prior to opening its doors in late August as SEE MONSTER – gallery
Business & Finance

SEE MONSTER embarks on its transformation prior to opening doors in August – gallery

After arriving at its new home, a decommissioned North Sea platform is about to start its transformation into a public art installation.

about 4 years ago