James Fisher and Sons, a global provider of specialist services to the energy, marine and defense industries, has launched new legal entity in Japan, reinforcing its long-term commitment to Japan and its footprint in North East Asia.The move…
Britain opened an incentive scheme on Thursday for offshore wind projects, seeking to persuade developers to provide the investment to meet an ambitious goal of decarbonising the country's energy system by 2030.The scheme, called the 'Clean Industry Bonus'…
Irish ocean data company XOCEAN has secured $118.3 million investment to support its expansion across multiple offshore segments including wind development and operations, asset integrity assurance, CCUS, and civil hydrography.XOCEAN partnered with S2G Ventures to structure the round…
U.S. oil and gas firm Kosmos Energy walked away from its pursuit of West Africa-focused Tullow Oil on Tuesday, without specifying any reason for the decision, prompting a 10% drop in Tullow's shares.Kosmos' announcement comes less than a week…
The Australian Government has declared a new offshore wind zone in Bass Strait, north of Tasmania.Tasmania has some of the best wind resources in the world. Bass Strait has been named as one of the top options for offshore wind energy generation…
The National Subsea Centre (NSC), a center of excellence for subsea research and technology development, has been awarded a grant to develop a subsea decommissioning optimization software demonstrator with PlanSea, a developer of marine logistics artificial intelligence (AI) technology…
Norwegian shipbuilder Vard, part of Fincantieri Group, has secured Lloyd’s Register’s Approval in Principle (AiP) of the methanol fueling system for two offshore wind Commissioning Service Operation Vessels (CSOVs) being built for North Star…
Swedish company Seabased has signed a three-party memorandum of understanding (MoU) with the Government of Grenada and SIDS DOCK to establish Grenada’s first utility-scale wave energy park.The agreement outlines a phased project that will begin…
Orkney-based marine services firm Green Marine UK has expanded its environmental monitoring offering for offshore wind to deliver ‘full-scope’ projects following a surge in contracts with Scotland's Marine Directorate.This follows 18-months of continuous work…
The British government will increase a windfall tax on North Sea oil and gas producers to 38% from 35% and extend the levy by one year, finance minister Rachel Reeves announced on Wednesday.Presenting the first budget under the new Labour government…
Britain has imposed sanctions on 18 further Russian oil tankers and four liquefied natural gas vessels, the largest batch of sanctions to date against the country's so-called 'shadow fleet,' the government said on Thursday.Britain says the 'shadow…
Working in partnership with Strategic Marine, BMT has introduced its latest addition to the offshore wind industry - the StratCat35 Crew Transfer Vessel (CTV).The vessel, which made its debut at WindEnergy Hamburg, is designed to meet a wider…
OEG Renewables, a division of OEG Energy Group, has secured a five-year charter for its multi-purpose Crew Transfer Vessel (CTV) Furioso to support offshore wind farms in Germany.OEG Renewables has completed the construction and sea trials for the CTV Furioso…
GE Vernova's shares fell nearly 7% on Friday following a turbine-blade failure at an offshore wind farm in the UK, the latest in a string of incidents involving the power service firm's equipment.The incident was reported at the Dogger Bank A project…
Subscribe
