Business & Finance
Bumi Armada FPSO to cut carbon emissions with AI technology
Malaysian offshore vessel provider Bumi Armada has selected OPEX artificial intelligence technology to reduce carbon emissions on an FPSO facility located in the North Sea. OPEX Group’s emissions.AI software will be deployed on the Armada Kraken FPSO facility, which serves the EnQuest-operated Krake
Nuclear ships regulations to enter into force in UK on December 8
The UK is about to pass legislation on nuclear propulsion for merchant ships, closing a loophole in its maritime legislative system on a propulsion technology that is gaining a lot of attention in the shipping world as the potential pathway for slashing emissions. Namely, the UK Parliament is set to
UK firm sets up dedicated energy transition consultancy
UK engineering and management services provider Penspen has launched its Energy Transition Consultancy which will be dedicated to advising clients on low carbon-related opportunities. Penspen said its energy transition work is built around four pillars of expertise, including building new hydrogen a
Norway’s oil & gas output slightly higher in October
Even though Norway saw a slight increase in oil & gas production in October compared to September, this is still below the NPD’s predictions.
WATCH: Türkiye edging closer to first gas from giant Black Sea project as pipe laying work wraps up
Türkiye has finished laying pipes in the Black Sea as part of its giant Sakarya gas field project development, which is seen as one of the country’s largest energy projects ever built. As a result, the project is on track to achieve the first gas in the first quarter of 2023.
Brittany companies to showcase offshore wind prowess at Offshore Energy 22
Companies from the French region of Brittany (Bretagne) will be present at the Offshore Energy Exhibition & Conference in Amsterdam on 29 and 30 November to highlight their expertise and the region’s ports’ strategic position close to several fixed-bottom and floating offshore wind projects. Bretagn
Investigation launches into fire at Åsgard B
The Petroleum Safety Authority Norway (PSA) has launched an investigation into a fire that broke out in a transformer at the Åsgard B platform in the Norwegian North Sea. The fire, which was reported in the transformer room on 14 November, was extinguished but produced smoke and led to a production
Magseis appointed for North Sea CCS job
Magseis Fairfield has secured a contract to carry out data acquisition for a carbon capture and storage (CCS) monitoring project in the North Sea. The contract was awarded to the company’s wholly-owned subsidiary Magseis Renewables. Data acquisition is set to commence by the end of this year and wil
Ballard installs fuel cells onboard world’s 1st hydrogen-powered ferry
Canadian fuel cell supplier Ballard Power Systems has installed two 200 kilowatt (kW) fuel cell modules onboard the Hydra ferry, operated by Norwegian company Norled. The installation of proton exchange membrane (PEM) fuel cells comes ahead of the vessel’s first sea trial scheduled for December this
Shipping sector: EU ETS must adopt life-cycle approach on green fuels
Shipping organizations are urging politicians in the European Union to agree on a life-cycle approach of green fuels for the shipping industry in order to kick-start the necessary investments and deliver on the emission reduction targets from the Paris Agreement and the EU Green Deal. An open letter
Ocean Harvesting scores €2 million grant for wave energy device validation
Swedish company Ocean Harvesting Technologies has secured grant funding from the Swedish Energy Agency to perform sea trials of its InfinityWEC wave energy device.
Another Norwegian contractor gets more work on Johan Sverdrup
Aibel has secured an extension for maintenance and modification (M&M) work on the Johan Sverdrup field in the North Sea off Norway.
How do things stand for the oil & gas industry in the wake of COP27?
In the aftermath of COP27, many argue that very little progress was made on the phasing out of fossil fuels.
Ocean energy fit for a share of EU Innovation Fund’s €300B call under two topics
Under the recently opened €3 billion call for innovative next-generation low-carbon technologies as part of EU’s Innovation Fund, ocean energy technologies and projects have been specifically listed as eligible to apply for a share of €1 billion under two call topics.