Oil and Gas
MOL and O&GD discover new oil field in Hungary
The Galgahévíz-4 well was drilled in 37 days and contributes 4% of MOL's crude oil in Hungary.
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Maritime
Sanmar boosts naval electrification with third tugboat for BOTAŞ
Each ElectRA electric tug eliminates about 1,700 tons of CO₂ per year.
New Energies
Yinson Production and Carbon Circle to develop carbon capture solutions
The partnership focuses on the implementation of post-combustion capture technologies that enable CO₂ to be extracted directly from industrial processes such as combustion and…
New Energies
Vattenfall activates the country’s largest agricultural solar farm in Germany
The project has been developed without public subsidies.
Maritime
First block of Icon 4 moves into dry dock at Meyer Turku
Such continued cooperation strengthens Meyer Turku's position as a benchmark in cruise ship construction worldwide.
New Energies
Dig Energy raises $5 million to develop compact drilling rig
A water jet drill promises to reduce geothermal costs in buildings by 80%.
New Energies
Grand Ethiopian Renaissance Dam inaugurated despite criticism
GERD will be able to generate 5,150 megawatts of electricity in a country where 45% of the population still does not have access to…
Maritime
McDermott secures deepwater subsea contract with PTTEP in Malaysia
The company demonstrates its expertise in complex projects through its developments in subsea engineering and offshore construction.
Maritime
Van Oord completes cable installation at Sofia offshore wind farm
More than 360 kilometers of submarine cables connect the Sofia wind farm, which will supply energy to 1.2 million homes.
Maritime
MODEC and AFC announce alliance to lead offshore projects off the African coast
This new collaboration framework focuses on technical exchange, market studies and financing solutions for offshore infrastructure.