Equinor has signed an agreement to acquire equity interest in five discoveries in the Troll, Fram and Kvitebjørn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum AS. Since 2019, Equinor has made seven discoveries in this area.
Following conversion, the FSRU Alexandroupoli will serve as an offshore storage and regasification facility and will be part of the Alexandroupolis Independent Natural Gas System (INGS).
Marlink has successfully provided high throughput hybrid network solutions for Quark Expeditions’ MV Ultramarine since the start of the 2021 Arctic season.
The technology group Wärtsilä will supply the main propulsion machinery, as well as a range of other equipment and systems for two new 110-metre long amphibious transport vessels being built for the Chilean Navy.
BAE Systems has received a $145 million contract from the U.S. Navy for the maintenance and modernization of the Arleigh Burke-class guided-missile destroyer USS Nitze.
The UK’s only fully seagoing research ship within the UK's higher education sector, the Prince Madog, is set to reduce its emissions by up to 60% thanks to a pioneering £5.5 million hydrogen power initiative that could help re-shape the future of shipping.
Subsea7 has announced the award of a large contract by Azule Energy in the framework of the Agogo Integrated West Hub Development Project, offshore Angola.
With the help of AI, Vattenfall’s personnel at the Stornorrforsen hydro power plant have been able to identify fish based on a large number of characteristics. They now hope to further develop the technology.
A consortium has secured European Union funding to develop solutions minimising methane slip from marine engines, advancing the environmental and climate benefits of LNG as a ship fuel.