bp and Maersk Tankers, with support from the Danish Maritime Authority, have successfully completed trials using biofuel-blended marine fuel in product tankers, demonstrating that sustainable biofuels can be used as a marine ‘drop-in fuel’ to help reduce carbon emissions in shipping.

Marine-i has welcomed the news that floating offshore wind projects will receive more than £60 million in public and private investment, to develop new technologies that will accelerate development of the fast-growing renewable energy industry.

EC-OG, an intelligent energy management and storage technologies specialist, has changed its name to Verlume to prepare for large-scale growth at pace and emphasise its position as a clean technology leader, having delivered energy transition projects since 2013.

Eni and Point Resources Holding, a HitecVision portfolio company, owning respectively of 69.85% and 30.15% of Vår Energi AS, announces the intention to launch an initial public offering for Vår Energi and for the company to apply for a listing on Oslo Børs (the “IPO”).

Subsea 7 has been awarded a substantial¹ project for subsea installation services related to Beacon Offshore Energy LLC’s Shenandoah Development, located offshore Gulf of Mexico in water depths up to 6,300 feet.

For decades offshore operators have been realizing the benefits that innovative technology has brought to site characterization and asset integrity projects. Remote solutions are elevating these benefits to the next level and are fast becoming as established as the everyday solutions we witness.

Latest analysis from Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy firm, reveals a year-on-year growth for the global offshore rig market at the close of 2021, up 200% from 2020.

N-Sea Group has signed a long-term vessel agreement with Geo Plus for the Geo Focus, an advanced DP1 35M Hybrid Survey/ROV Support Vessel. The vessel has a strong track record of continuous survey operations in various regions for many years.

Sharp Reflections, a global leader in quantitative seismic data analysis, has announced the appointment of Adrian Smith as its Chief Operating Officer (COO).

Expandable technology designed to unlock greater commercial value by maximizing production from existing wells, developed by Coretrax, has successfully been deployed in the Middle East for the first time.

Wärtsilä has received its first order for newbuild methanol-fueled engines. A new Offshore Wind Installation Vessel (WIV) being built for Dutch contracting company Van Oord at Yantai CIMC Raffles shipyard in China will be powered by five Wärtsilä 32 engines capable of operating with methanol.

International subsea rental equipment and solutions specialist Ashtead Technology has signed a multi-year reseller agreement with Norway-based NORBIT Subsea, a provider of tailored and innovative technology solutions to the global maritime sector.

Considering the proven safety performance and increasing global use, you might think that Roxtec material specialists remain happy by just maintaining the excellent features of the rubber in the seals. Nothing could be further from the truth. They lead the technical development by mixing new powerful particles.

Hendry Marine Industries has appointed Richard McCreary as President of Gulf Marine Repair effective January 31, 2022. Richard brings a wealth of executive level leadership experience in the ship repair and construction industry.

Global upstream merger and acquisition (M&A) deals rebounded to pre-Covid-19 levels in 2021, reaching a total of $181 billion, a 70% increase over 2020, Rystad Energy research shows. The total deal value for 2021 was the highest in three years and almost reached the highs seen in 2017 and 2018 of $205 billion and $199 billion, respectively.

TechnipFMC has been awarded a large⁽¹⁾ subsea Engineering, Procurement, Construction and Installation (EPCI) contract by Petrobras for its Búzios 6 field (module 7), a greenfield development in the pre-salt area.