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South Korea
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South Korea–Europe green shipping corridor promises 70% CO₂ cut

The proposed South Korea–Europe Green Shipping Corridor (GSC) could cut carbon emissions by over 70% along key trade routes between Pyeongtaek Port and major European automotive hubs, a new report found.

about 1 year ago
Canadians to make digital twin of Trident Energy's subsea assets in Equatorial Guinea
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Canadians to make digital twin of Trident Energy’s subsea assets in Equatorial Guinea

International oil & gas company Trident Energy has signed a SaaS license agreement with Enaimco, a Canadian technology company delivering digital solutions for subsea operations, for the provision of digital twin for its subsea assets in Equatorial Guinea. “Trident Energy has been exploring global d

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about 1 year ago
Ex-Oceaneering COO takes CEO role at PXGEO
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Ex-Oceaneering COO takes CEO role at PXGEO

Marine geophysical service provider PXGEO has appointed a new chief executive officer (CEO) and executive chairman, who previously held the chief operating officer (COO) position at Oceaneering International. According to PXGEO, the appointment of Charles ‘Chuck’ Davison Jnr., effective immediately,

about 1 year ago
Hinicio advocates for port-led hydrogen growth in Latin America and the Caribbean
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Hinicio advocates for port-led hydrogen growth in Latin America and the Caribbean

Hinicio, a Belgium-based consulting firm specializing in hydrogen and its derivatives, has outlined a series of recommendations aimed at supporting ports in Latin America and the Caribbean to play a central role in climate action and in advancing the hydrogen economy across the region.

about 1 year ago
TechnipFMC has signed a memorandum of understanding (MoU) with the University of Namibia (UNAM) to co-develop specialized courses in subsea engineering and project management.
Vision

TechnipFMC and UNAM team up to expand subsea engineering skills in Namibia

UK-headquartered energy technology provider TechnipFMC has signed a memorandum of understanding (MoU) with the University of Namibia (UNAM) to co-develop specialized courses in subsea engineering and project management. According to TechnipFMC, the specialized courses are a part of the company’s bro

about 1 year ago
Fugro joins Methanol Institute to steer transition to low-carbon fuels
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Fugro joins Methanol Institute to steer transition to low-carbon fuels

Dutch geo-data solutions provider Fugro has joined the Methanol Institute (MI), a global trade association for the methanol industry, in line with transitioning its fleet of geotechnical and geophysical vessels to low-carbon fuels.

about 1 year ago
Mitsui invests in US e-fuels provider Infinium
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Mitsui invests in US e-fuels provider Infinium

Japanese major Mitsui & Co. has invested in Infinium Holdings, a U.S.-based provider of gas conversion solutions and developer of e-fuels technology and projects.

about 1 year ago
Ocean energy continued to advance towards commercialization in 2024, with new data from Ocean Energy Europe (OEE) showing growth across tidal and wave technology pipelines.
Vision

Commercialization in sight: Europe’s ocean energy pipeline to hit 165 MW in next five years

Ocean energy continued to advance towards commercialization in 2024, with new data from Ocean Energy Europe (OEE), a network of ocean energy professionals, showing growth across tidal and wave technology pipelines. According to OEE, the pipeline of pre-commercial tidal energy projects expanded furth

about 1 year ago
New partnership looking to decarbonize Indonesia’s maritime sector with hydrogen solutions
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New partnership looking to decarbonize Indonesia’s maritime sector with hydrogen solutions

PT HDF Energy Indonesia has signed a memorandum of understanding (MoU) with the Indonesian Ministry of Transportation, PT PLN (Persero) and PT ASDP Indonesia Ferry (Persero) to explore decarbonizing Indonesia’s maritime sector using locally produced green hydrogen.

about 1 year ago
Cross-border CO2 storage customer booked for Denmark's Project Greensand
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Cross-border CO2 storage customer booked for Denmark’s Project Greensand

INEOS, on behalf of Project Greensand, has signed a cross-border agreement with Öresundskraft Kraft & Värme to explore the storage of CO2 from Sweden at the Greensand offshore storage facility in the Danish North Sea, starting from 2028. The agreement will see the partners explore the storage of up

about 1 year ago
Design concept for grid scale Porpoise Power tidal energy unit.
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UK firm raises almost $1.6M to scale dolphin-inspired tidal energy tech (Video)

Porpoise Power, a tidal energy spin-out from the University of Oxford, has exited stealth with a £1.2 million (approximately $1.58M) pre-seed round led by Zero Carbon Capital (ZCC), alongside Creator Fund and Oxford Science Enterprises (OSE). According to ZCC, the UK startup is developing a bio-ins

about 1 year ago
Thailand's Mermaid Subsea Services orders four newbuild WROVs from Norway
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Thailand’s Mermaid Subsea Services orders four newbuild WROVs from Norway

Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has purchased four work-class remotely operated vehicles (WROVs) from Norway’s Argus Remote Systems. The company’s wholly owned subsidiary Mermaid Subsea Services (Thailand) (MSST) on Decembe

about 1 year ago
Journey from oil & gas to other markets: Malaysian firm buys cable laying barge
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Journey from oil & gas to other markets: Malaysian firm buys cable laying barge

Keyfield International, a Malaysian provider of offshore accommodation vessels to the oil & gas industry, is making its way into the cable laying business with the acquisition of a 98-meter-long cable laying barge. Keyfield Ventures (Labuan) Limited (KVL), a newly incorporated 100%-owned subsidiary

about 1 year ago
The rigs developed in IMPACT will continue as part of the SWEET Lab at VGA’s facilities in Deruta, Italy. Image: VGA.
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RISEnergy seeks projects slashing life cycle costs across renewable energy tech

RISEnergy has opened its second transnational access (TA) call for applications, inviting researchers from academia and industry to propose innovative solutions to improve energy systems or cut the life cycle costs of renewable energy technologies. The EU-funded call covers research in key areas, in

about 1 year ago