Outlook & Strategy
Shell-Worley collab continues with new contract for Rotterdam hydrogen plant
UK-based energy giant Shell has awarded Australian engineering company Worley a contract under which the latter will provide detailed design, procurement and construction management support services for the delivery of the Holland Hydrogen 1 (HH1) facility in the Port of Rotterdam. The services incl
Retrofitting passenger ships with methanol is less attractive option, report finds
A full methanol retrofit for passenger ships is a less commercially attractive prospect than the use of blended fuels (Blend B30), heavy fuel oil (HFO), and heavy fuel oil equipped with onboard carbon capture and storage technology (oCCS), a new report from classification society Lloyd’s Register ha
Two more CO2 storage areas up for grabs offshore Norway
The Norwegian Ministry of Energy is inviting applications for two areas for CO2 injection and storage in the North Sea, representing the sixth time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced two areas for CO2 storag
Spain awards €2.1M for Carnegie’s CETO wave energy device deployment
Carnegie Clean Energy’s wholly-owned subsidiary Carnegie Technologies Spain has secured a €2.1 million grant from the Basque Energy Agency to support the deployment of its CETO wave energy device at Biscay Marine Energy Platform (BiMEP) in the Basque Country. The grant has been awarded by Ente Vasco
UK program to help subsea professionals return to work after career break
Three UK partners have come together to deliver a cross-sector program to support returners back to the underwater sector after a career break or to transfer their skills from another sector. The Global Underwater Hub and the Engineering Construction Industry Training Board (ECITB) have partnered wi
Hapag-Lloyd partners Ankeri Solutions to speed up decarbonization
German container shipping company Hapag-Lloyd has entered into a transformative contract agreement with Iceland-based software company Ankeri Solutions aimed at accelerating Hapag’s fleet decarbonization efforts.
Minesto joins acceleration program that backs entry into Southeast Asian market
Swedish tidal energy developer Minesto is taking part in an acceleration program that is set to strengthen its business capabilities in the Southeast Asia region. Minesto has been awarded a place in the Business Acceleration Programme Southeast Asia (BAPSEA) joint program by the Swedish Energy Agenc
New acquisition expands NextChem’s hydrogen, ammonia, and methanol portfolio
NextChem, a subsidiary of an international industrial group Maire Tecnimont S.p.A, has entered into a binding agreement to acquire 100% of Germany-based GasConTec (GCT), a company specialized in technology development and process engineering, expanding its competencies in low-carbon hydrogen, ammoni
Norwegian Hydrogen-led consortium to set up hydrogen ecosystem at Danish port
Green hydrogen producer Norwegian Hydrogen, in collaboration with a consortium of ten partners, has launched a new project that aims to develop an integrated green hydrogen value chain at the Port of Hirtshals in Denmark. Norwegian Hydrogen will be the coordinator of the so-called CONVEY project whi
UK continues tidal stream ringfence for third year, increases budget
The UK government has set a £10 million ringfence for tidal stream in this year’s renewables auction, representing a third consecutive year. The UK Department for Energy Security and Net Zero (DESNZ) announced that tidal stream and wave energy will compete in Pot 2 of the Contracts for Difference (C
Shell and Bloom Energy forge hydrogen alliance
American solid oxide fuel cells producer Bloom Energy has signed an agreement with UK-based energy giant Shell to study decarbonization solutions, utilizing its proprietary hydrogen electrolyzer technology. Specifically, Bloom and Shell agreed to collaborate on developing replicable, large-scale, so
BV: Energy insetting key to providing pathways for ‘earliest possible’ adoption of new fuels
Classification society Bureau Veritas (BV) has unveiled the results of new modeling research which confirmed the potential hefty cumulative impact of operational and technical efficiency measures in keeping shipping within its “carbon budget” to 2050.
Tropical storm-proof OTEC system nears fabrication phase
Seven European partners are set to begin fabrication of an ocean thermal energy conversion (OTEC) platform said to be capable of surviving in tropical storm areas, destined for deployment offshore Spain. Being developed under the EU-funded project PLOTEC, fabrication of the system is to begin this m
Tekmar says 2023 pivotal year, despite instability in offshore wind market
Tekmar Group has reported improved financial performance for the 2023 financial year with a revenue of £39.9 million, compared to £30.2 million in FY22. Deemed a pivotal year that saw instability in the offshore wind market, Tekmar said it had stabilized the business in 2023. Tekmar saw an adjusted