SolarDuck and the Maritime Research Institute Netherlands (MARIN) have been awarded a €3.2 million subsidy from the Netherlands Enterprise Agency (RVO) for the Steady Seas research programme.
The project forms part of the Philippines' broader effort to expand renewable energy generation and increase the share of renewables in the country's power mix to 35% by 2030 and 50% by 2040.
Equinor and co-venturers Progress Resources USA Ltd and Repsol E&P USA Inc. have encountered oil in the Monument exploration well in the US Gulf of Mexico.
Neptune Energy has announced plans for a digital subsurface programme with the aim of discovering hydrocarbons 70 per cent faster, reduce exploration costs and...