Reelwell, with Odfjell Technology as strategic partner, has secured a multi-year contract with Vår Energi for the provision of its DualLink-powered digital drill pipe technology.As part of the agreement, Reelwell’s DualLink technology will be…
Norwegian vessel owner and services provider Solstad Maritime Holding has outlined plans to apply for a listing of its shares on Euronext Oslo Børs during the second quarter of 2025.The listing is in line with the company’s previously expressed…
U.S. spot natural gas and power prices soared to multi-year highs in several parts of the country with extreme cold expected to boost gas demand to a daily record high on Tuesday.Extreme weather has created havoc for power and gas markets in recent years as demand has come close to outpacing supply…
UK-based company Global OTEC has signed a memorandum of understanding (MoU) with Brazilian research institute COPPE/UFRJ to jointly research the development and viability of Ocean Thermal Energy Conversion (OTEC) projects in Brazil.COPPE/UFRJ…
Ocean Thermal Energy Corporation (OTE Corp) has partnered with Johnson Controls to demonstrate the feasibility of deploying a 17.5 MW Ocean Thermal Energy Conversion (OTEC) system at the remote military base.The contract is part of Johnson Controls…
Europe's wind farms could produce more electricity than the region's coal-fired power plants for the first time in 2025 if the recent pace of output growth in wind production and output cuts in coal generation extends through the year.Total…
NYK and Akita Eisen KK have established a joint company Japan Offshore Support (JOS) to provide ship maintenance and management services for offshore wind power projects, as well as training and employment for seafarersBy actively recruiting local talent…
Eco Wave Power has engaged Portuguese engineering firm MOQ Engineering to perform the final design and load calculations for its wave energy project in Portugal’s city of Porto.The collaboration with MOQ will focus on delivering the final civil…