KOTUG completed the replacement of the bogie wheel and rail system on Azule Energy's Single Point Mooring (SPM) CALM buoy in Angola's Block 18. This buoy, one of the largest of its kind in the world, was installed in 2007 at approximately 1…
Huisman announces the launch of its latest innovation in data-driven solutions, Performance Insights. This application empowers Huisman equipment owners to optimize operations, enhance efficiency, and ensure the longevity of their equipment through comprehensive usage monitoring…
CorPower Ocean was selected as a winner of the European Innovation Council (EIC) Accelerator program and has been awarded €2.5 million in grant and a pre-commitment of €15 million in equity investment, totaling €17.5 million, to accelerate the commercialization of its wave energy tech…
Belgium's transmission operator (TSO) Elia has temporarily postponed the signing of high-voltage direct current (HVDC) contracts for ‘the world’s first’ artificial energy island, due to the price increase for HVDC infrastructure, causing a three…
SBM Offshore and Petrobras have signed an agreement to study the application of carbon capture modules on floating production, storage, and offloading (FPSO) units.The module design is based on an engineering and design study between SBM Offshore and Mitsubishi Heavy Industries (MHI)…
Some expert thoughts on AI in 2025:“In 2025, AI won’t just be a tool; it will be a collaborator.”“In 2025, the most productive employees will work alongside AI agents.”AI agents are an advance on large language models (LLMs). LLMs at present…
Proteus Marine Renewables has deployed the AR1100 tidal turbine in Japan, which became the country's first ever megawatt-scale grid connected tidal energy system.Installed in the Naru Strait, the turbine will generate 1.1 MW of clean energy…
Novielli Boats continues to command significant attention in the global RIB boat (Rigid Inflatable Boat) sector, with an ever-increasing market share driven by a combination of refined design and robust engineering. Through steady growth, the…
Energy technology company Baker Hughes has launched its new all-electric subsea production system, the industry’s first fully electric topside-to-downhole solution for offshore operations.The modular system allows for existing tree designs to be seamlessly updated for electric operations…
Kongsberg Maritime has unveiled a range of innovative methods designed to transform and industrialize the transportation and installation (T&I) of floating offshore wind turbines.The new solutions have been developed to streamline the entire process…
The consortium of pension fund ABP, pension investor APG and wind energy developer SSE has signed a realization agreement with transmission system operator (TSO) TenneT for the Dutch offshore grid connection of 2 GW IJmuiden Ver Alpha wind farm…
Energy technology company Baker Hughes has signed a major contract to provide modularized liquefied natural gas (LNG) system and power island to support Venture Global (VG) LNG projects in the United States.Baker Hughes has also signed a multi-year services frame agreement…
MODEC and Toyo Engineering have jointly obtained an Approval in Principle (AiP) from ABS for a Blue Ammonia FPSO that will produce ammonia from the gas supplied by a traditional FPSO located nearby.Blue ammonia is produced from hydrocarbons where the CO2 emitted during production is sequestrated…
Poland's PGE and Denmark's Orsted have taken the final decision to build Baltica 2, a 1.5-gigawatt offshore wind farm on Poland's Northwestern coast, the companies said on Wednesday.Both companies will own 50% of the farm which is expected to be fully commissioned in 2027…
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…
