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Environment

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VARD receives order for hybrid cable lay and construction vessel from Japan
Environment

VARD to deliver ‘highly customized’ hybrid cable lay & construction vessel to Japan

Norway’s VARD has secured a contract worth over $200 million to deliver a highly customized hybrid power cable lay and construction vessel to what it says is a leading Japanese construction company. The contract was signed with Toyo Construction, a Japanese general construction company that operates

about 2 years ago
Northern Lights CCS project grabs a slice of EU's Connecting Europe Facility funding
Environment

Northern Lights CCS project grabs a slice of EU funding

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The European Commission (EC) has awarded €131 million for the Northern Lights carbon capture and storage (CCS) project under its Connecting Europe Facility (CEF) funding scheme. A total of eight cross-border energy infrastructure projects are getting a part of the EU funds. EU Member States have end

about 2 years ago
Stena DrillMAX drillship; Source: Stena Drilling
Environment

Stena rig becomes first drillship to don DNV’s notation for emission reduction

Stena Drilling has welcomed the award of DNV’s Abate (P) notation, which now adorns one of its drillships.

about 2 years ago
Dr. Sultan Ahmed Al-Jaber, UAE Minister of Industry, CEO of ADNOC, and COP28 President; Source: COP28
Environment

COP28: Reconciling great expectations with reality in a highly polarized world

A deep dive into COP28 and the clash between those calling for a phase-out of fossil fuels and the ones lobbying to keep oil, gas, and coal firmly entrenched in the energy mix.

13 minutes read
Shipping
Environment

Blue Mediterranean Partnership gains momentum with €1 billion investment pledge at COP28

The Blue Mediterranean Partnership, a collaborative initiative aimed at fostering a sustainable blue economy in the Mediterranean region, has received a substantial boost with key stakeholders, donors, and beneficiary country representatives signing a letter of intent at COP28, vowing to make the pa

about 2 years ago
Environmental Defense Fund Europe (EDFE)
Environment

COP28 brings ‘historic’ action as 50 oil & gas players pen decarbonization charter

A global decarbonization charter, inked by 50 oil and gas firms to speed up climate action, will have a high-scale impact within the industry.

about 2 years ago
Prysmian's Leonardo da Vinci cable laying vessel; Source: Prysmian
Environment

Dive into: Multi-million and billion-dollar deals, interconnectors, innovations, acquisitions, and vessel jobs

The maritime and offshore energy industries share a decarbonization drive and seek to develop long-term net zero solutions to combat climate woes.

about 2 years ago
Ports
Environment

New tool identifies best ports for developing green first-mover initiatives

Environmental Defense Fund (EDF) and Lloyd’s Register (LR) Maritime Decarbonisation Hub, in collaboration with Arup, have introduced the Sustainable First Movers Initiative Identification Tool, a system to help shipping stakeholders align investment decisions that support the maritime energy transit

about 2 years ago
Illustration; Source: Energinet
Environment

Hybrid interconnector projects in North Sea and Baltic Sea beef up Europe’s green energy ties

Three hybrid interconnector projects in the North Sea and Baltic Sea are among the proposed cross-border energy infrastructure projects, which underpin the EU’s climate and net zero drive.

11 minutes read
MMMCZCS
Environment

Training project for seafarers on zero-emission ships in the making

A new training project is being launched aimed at preparing seafarers for zero or near-zero emission ships as a way of addressing the imminent need for upskilling the workforce to operate advanced technological solutions and alternative fuels. The project was announced at the 2023 UN Climate Change

about 2 years ago
‘Collaborate with non-obvious partners’ – Offshore energy industry talks innovation and speeding things up
Environment

‘Collaborate with non-obvious partners’ – Offshore energy industry talks innovation and speeding things up

The offshore wind industry, now the linchpin between several offshore energy industries, is calling for both innovation and accelerating deployment, while also making sure one does not impede the progress of the other. In this article: During the ‘Renewable energy: Innovate or accelerate?’ confe

about 2 years ago
Illustration; Source: North Sea Transition Authority (NSTA)
Environment

UK sees North Sea as ‘vital cog’ in its decarbonization and net zero journey

The UK’s regulator North Sea Transition Authority (NSTA) has highlighted the key role the North Sea basin has in helping the country to reach its net zero goals.

about 2 years ago
Xlinks
Environment

TotalEnergies dishes out millions for stake in huge renewable Morocco-UK power project

TotalEnergies has expanded its portfolio by acquiring a minority stake in Xlinks First Limited, a company founded in 2019 in the UK.

about 2 years ago
Terna
Environment

€307 million set aside for Italy-Tunisia subsea interconnection

The signing of the grant agreement for the Italy-Tunisia electricity interconnection has been welcomed by Terna and Steg.

about 2 years ago