Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion (USD 410 mln).The new contracts have lifted the company’s…
Norwegian Sintef Ocean and ABB Marine will use two 30kW hydrogen fuel cells, set up in laboratory to model the operation and control of a complete marine power system in a megawatt-scale propulsion plant.'ABB and Sintef Ocean are undertaking…
CorPower and Sustainable Marine Energy join forces for a wave and tidal developer collaboration to develop and demonstrate generic foundation mooring solution to reduce cost and improve O&M methods.The 35-month UMACK (Universal Mooring, Anchor…
The European Marine Energy Center (Emec) in Orkney, Scotland, will lead a project to support the development of wave and tidal power in coastal areas of north-west Europe.The project has been approved by Interreg Atlantic Area which will support…
The European Commission (EC) has announced EUR 300 million (USD 341 million) of EU-funded initiatives, which include projects to tackle plastic pollution, make blue economy more sustainable and improve research and marine surveillance.According to a communication from EC…
The oil and natural gas company Pan Orient Energy Corp announce that the L53-DD1 exploration well encountered an interpreted, combined 26 meters of net oil pay within three separate sandstone reservoirs between a true vertical depth of 960 to 1…
French ocean carrier CMA CGM and Panalpina, the world’s fourth biggest ocean freight forwarder by transport volumes, have signed a sustainability agreement aimed at reducing their respective carbon emissions by 2025.As of 2020, newbuild LNG-powered mega-vessels with a capacity of 22…
The owner of the Fukushima nuclear plant, destroyed by an earthquake and tsunami more than seven years ago, said water treated at the site still contains radioactive materials that for years it has insisted had been removed.The admission by…
WTG blade assessments are usually costly and time consuming. EWPL Ocean aggregates tasks and wind turbines in scope for blade assessment into its service train and can offer this service at an attractive price, with no weather risk.ESVAGT said it has joined forces with Wind Power Lab…
The next wave of tidal energy development at the FORCE facility in the Bay of Fundy Nova Scotia has been triggered by a substantial grant of $29,750,000 under the Emerging Renewable Power Program (ERPP) from Natural Resources Canada (NRCan)…
Seabed Geosolutions, a joint venture between Fugro and CGG, has secured an extension to a recently awarded 4D ocean bottom node (OBN) seismic monitoring surveys over multiple oil and gas fields in the U.S. Gulf of Mexico.Seabed Geosolutions…
Eike Batista, the former mining and oil magnate who was once Brazil's richest man, was convicted and sentenced to 30 years in prison for bribing Rio de Janeiro state's disgraced ex-governor, according to a court document published on Tuesday…
The Yomiuri newspaper reported on Tuesday that: -Japan's government will submit legislation early next month to boost the use of offshore wind power -Bill to allow operators to use sites for 30 years, from 3-5 years now…
Diamond Offshore Drilling Inc's fourth-quarter revenue beat analysts' estimates on Monday, helped by higher demand for its ultra-deepwater rigs. The company's revenue from its ultra-deepwater rigs rose more than 24 percent to $288.28 million in the fourth quarter…
California will block the transport of petroleum from new offshore oil rigs through its state, officials told Reuters, a move meant to hobble the Trump administration’s effort to vastly expand drilling in U.S. federal waters. California's…
