In order to help the ferry industry decarbonize, ports around the world need to be equipped with shoreside infrastructure to supply alternative fuels. A joint industry effort, supported by governments, is needed to achieve the ultimate goal, operators believe.
UK’s petroleum regulator, the Oil and Gas Authority (OGA), has awarded a carbon dioxide appraisal and storage licence to Harbour Energy.
Octopus Bidco AS, a company owned by funds advised by American investment company Kohlberg Kravis Roberts & Co. L.P. (KKR) and its affiliates, has received clearance from the Norwegian Competition Authority and the German Federal Cartel Office to acquire Norwegian shipowner Ocean Yield ASA.
IMO MSC has approved a draft IMO Assembly resolution consolidating issues related to crew change, access to medical care, ʺkey workerʺ designation and seafarers’ prioritization for COVID-19 vaccination.
Eco Wave Power has signed a memorandum of understanding (MoU) with CIMC Offshore Engineering Institute (CIMC OEI) to develop and commercialize its wave energy technology in China.
The government of São Tomé and Príncipe has announced partnership with the UK-based Global OTEC Resources for the deployment of the first commercial floating ocean thermal energy conversion (OTEC) platform.
The French Renewable Energy Trade Association (SER) and the UK Marine Energy Council (UK MEC) have signed a memorandum of understanding to advance their collaboration on the development of tidal energy sector.
Greenpeace will be looking to appeal a decision by a UK court after losing its case against BP over a permit to drill in a North Sea field.
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has informed that its proposed wave energy project in Mauritius, to be developed with Bombora Wave Power, received subsidy from the Ministry of Economy, Trade and Industry (METI) of Japan.
An issue with soft seabed conditions at the Hesselø offshore wind farm site is currently being investigated in relation to the framework set for the project and the planned (and currently paused) tender process, with one of the solutions now mentioned being the development of the second of Denmark’s
Petrofac has signed a strategic partnership with Gazprom to export and promote the Russian energy industry on the domestic and global markets.
Lundin Energy is in the process of concluding the drilling of a wildcat well in the North Sea after encountering disappointing results.
Bureau Veritas Marine & Offshore Singapore (BV)has launched a new centre of excellence, the innovation Centre of Alternative Renewables Energy (iCARE), supported by the Singapore Economic Development Board (EDB).
Uruguay’s state-owned oil and gas company ANCAP, together with the country’s ministries of industry and environment, has presented a plan for green hydrogen production powered by offshore wind, which could see a tender launched in a couple of years. Under the new H2U Offshore programme, ANCAP has ca
