Austria
BP executive becomes OMV’s first female CEO
Austria-headquartered oil & gas player OMV has appointed BP executive Emma Delaney as its first female chief executive officer (CEO), succeeding Alfred Stern. Delaney has been appointed by OMV‘s Supervisory Board as the Chairwoman of the Executive Board and CEO as of September 1, and will assume the
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ADNOC handing over stake in OMV to affiliate
Abu Dhabi National Oil Company (ADNOC) intends to transfer its stake in Austria’s oil and gas player OMV to XRG, its wholly-owned international investment company.
Danish wave energy firm gears up for final PTO testing
Danish wave energy technology company Exowave is entering an important phase of developing its wave energy technology, as the power take-off (PTO) system is set for wet testing in the coming weeks. “We’re thrilled to share that the PTO assembly is progressing exceptionally well—faster than expected
Andritz to work on 100 MW green hydrogen plant in Germany
Andritz has received an order from rostock EnergyPort cooperation (REPCO) for the engineering of a 100 MW green hydrogen plant in Rostock, Germany.
EU backs hydrogen infrastructure projects with over €250 million
To help decarbonize the European Union (EU) industry, the European Commission will allocate over €250 million in grants from the Connecting Europe Facility (CEF) to 21 hydrogen infrastructure development studies.
GIZ and RP Global to work on hydrogen and ammonia projects in Argentina
As part of BMWK’s H2Uppp, GIZ and RP Global will work on green hydrogen and green ammonia projects in Argentina that could be used for domestic demand and be exported to Europe and Germany.
Funding for EU’s second hydrogen auction increases to around €2 billion
Spain, Lithuania and Austria will participate in the ‘Auctions-as-a-Service’ scheme as part of the second European Hydrogen Bank auction, which will be launched on December 3, 2024.
VNG and partners looking into green hydrogen import from Algeria via SoutH2 Corridor
Germany’s VNG, Algeria’s Sonatrach and Sonelgaz, Italy’s Snam and SeaCorridor, and Austria’s Verbund have signed a memorandum of understanding (MoU) to jointly examine the feasibility of a project for large-scale hydrogen production in Algeria and its export via planned SoutH2 Corridor to Italy, Aus
Storm-resilient OTEC hull nears completion, setting the stage for Atlantic Ocean testing
Seven European partners have entered the final stages in the hull construction of the storm-resistant ocean thermal energy conversion (OTEC) prototype at Hidramar Shipyard in Gran Canaria, Spain. Developed under the EU-funded project PLOTEC, the initiative is now progressing towards the installation
Elcogen and AVL to develop SOEC stack modules for MW-scale hydrogen production plants
Elcogen has partnered up with AVL to develop solid oxide electrolyzer cell (SOEC) stack modules for megawatt (MW)-scale hydrogen production plants.
OMV’s revamped brand identity puts focus on sustainability
OMV has revealed a new brand identity highlighting sustainability embodying the company’s ambition to become net-zero by 2050.