
UK tidal energy project developer SBS has received approval to start the feasibility study for the Larantuka Strait tidal energy project in Indonesia.

Energy intelligence group Wood Mackenzie sees green hydrogen as a key driver for net-zero economies and decarbonising global energy systems.

Australian energy services provider TEK-Ocean Group has made changes to its Board of Directors by appointing a new non-executive director who spent the last 40 years with ExxonMobil, an American oil and gas company.

Harbour Energy has revealed that its current CEO Europe has tendered his resignation, which becomes effective at the end of the month.

ExxonMobil booked a profit in the last quarter of 2021 amid a significant increase in revenues driven by a rebound in oil and gas prices.

Eco Wave Power has completed the cabling works required to connect the wave energy project, being developed in collaboration with EDF, to Israeli power grid.

Danish wave energy company Wavepiston has started with the installation operations for its wave-powered desalination system in Canary Islands.

German container shipping company Hapag-Lloyd reported an “extraordinary” strong operating result in 2021, driven by high freight rates.

The joint industry project launched in June 2021 to test biofuel blend (B30) derived from renewable feedstock to power a d’Amico Group LR1 product tanker, showed positive findings in terms of the reduction of CO2 emissions, reduced carbon intensity, and stable NOx emissions.

U.S. offshore engineering and constructions services player McDermott has named a new president and chief executive officer.

UK-based tidal energy developer SBS has signed a two-year memorandum of understanding (Mou) with state-owned enterprise Indonesia Power for the development of tidal energy projects in Larantuka and Boleng straits.

German-based company BELECTRIC has secured a contract to build a 16.8MWp floating solar power plant for S’energy and the large-scale water utility in Israel.

ExxonMobil is reorganising its business structure to improve effectiveness and reduce costs and moving its headquarters.

Under the auspices of the Marine Energy Alliance (MEA) project, a French start-up HelioRec worked together with Irish techno-financial analysis provider Exceedence on the assessment of levelized cost of energy (LCOE) and key cost drivers for the company’s floating solar technology.