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EDITORIAL: See You Online @ Oi Connect!

Nov 12, 2020

Oceanology International, the world's largest exhibition and conference for the subsea sector, was originally scheduled for March 2020, subsequently rescheduled to December 2020 due to COVID-19. The organizers last month announced the need to…

Malaysia Urges Development of Aquaculture

Sep 10, 2019

The Malaysian Ministry of Agriculture and Agro-based Industry is encouraging all Malaysian States to carry out aquaculture to boost the production of high-quality fishery produce to meet the rising demand, as well as to create a healthy environment…

July: Earth's Hottest Month Ever Recorded

Aug 16, 2019

According to the latest monthly climate report from the U.S. National Oceanic and Atmospheric Administration (NOAA), July 2019 was hottest month on record for the planet and Polar sea ice melted to record lows.Much of the planet sweltered in unprecedented heat in July…

MTS, SUT to Collaborate

Jun 27, 2019

The Marine Technology Society and the Society for Underwater Technology announced that they have entered into a three-year Memorandum of Agreement to explore ways to work together to the benefit of their collective membership.Both SUT and MTS focus on the facilitation…

World's Largest Ocean Current Energy Project On

May 31, 2019

OceanBased Perpetual Energy has signed a Memorandum of Understanding (MoU) with Florida Atlantic University’s Southeast National Marine Renewable Energy Center (SNMREC) to assist the company to develop commercial ocean current energy project…

Europe Leads in Ocean Energy

Apr 26, 2019

European tidal stream installations reached 26.8MW, and wave energy installations 11.3MW in 2018, according to yearly statistics published by Ocean Energy Europe.Europe continues to lead the world in ocean energy deployments, and last year its tidal projects produced record volumes of electricity…

Eni, CDP, Fincantieri, Terna in Wave Power Pact

Apr 22, 2019

Italian oil group Eni is joining forces with compatriot shipbuilder Fincantieri, power grid group Terna and state lender Cassa Depositi e Prestiti (CDP) to develop wave power stations.The Chief Executive Officers of the companies have signed…

Shipping Emission to Increase Up to 250% by 2050, ITF Warns

Nov 18, 2018

Maritime transport emitted 938 million tonnes of CO2 in 2012. This represented 2.6% of total global carbon emissions, said International Transport Forum (ITF)By 2050, shipping CO2 emissions are projected to increase between 50% and 250% if no drastic action is taken…

Current News

Russia's Lukoil Takes Up Gunvor’s Offer for Foreign Assets

Russia's Lukoil Takes Up Gunvor’s Offer for Foreign Assets

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

Sponsored: UAE Breaks Ground on GW-Scale Renewable Energy Hybrid

Sponsored: UAE Breaks Ground on GW-Scale Renewable Energy Hybrid

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

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Gold gains on dollar decline and Fed rate cuts
Investors weigh US-China trade discussions as they consider the Fed rate cut that led to a 2% increase in gold.
US granted a reprieve on rare earths from China but no rollback
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