UK energy market regulator Ofgem has granted electricity interconnector licenses for two energy links that will connect the UK with two EU countries. Ofgem announced that it had on 12 July granted electricity interconnector licenses for the LionLink multi-purpose interconnector that will connect the
The US Department of Energy (DOE) has provided more than $3.5 million for 18 hydropower and marine energy projects as part of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program.
The 129th session of the Council of the International Maritime Organization (IMO) has commenced, bringing together representatives from member states worldwide. The event takes place from the 17th to the 21st of July 2023. A key highlight of this session will be the election of the new IMO Secretary
Poland’s natural gas transmission system operator GAZ-SYSTEM has formally launched a new open season procedure aimed to increase the regasification capacity of the Gdańsk floating storage regasification unit (FSRU) terminal 2. According to GAZ-SYSTEM, the FSRU 2 terminal project assumes locating a s
Marine survey activities are scheduled to start this month for two Eastern Green Link projects in Scotland. Scottish Hydro Electric Transmission and National Grid Electricity Transmission are delivering the Eastern Green Link 2 (EGL 2) project, while Scottish & Southern Electricity Transmission (SHE
A very large crude carrier the Nautica, bought in March by the UN Development Programme (UNDP) from Euronav, as part of a coordinated operation to remove oil from decaying FSO Safer, has arrived in Yemen. The arrival of the VLCC has been confirmed by Yemeni Foreign Minister, Ahmed Bin Mubarak. Nauti
Hong Kong’s new offshore LNG terminal, jointly developed and constructed by power companies CLP Power Hong Kong and the Hongkong Electric (HK Electric), has gone into operation. The first LNG shipment under a long-term supply agreement has arrived, and the LNG was unloaded and stored in the floating
The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen
The European Commission has supported two major ocean energy projects – led by Floating Power Plant and Simply Blue Group’s Saoirse Wave Energy – which will take a share of €3.6 billion of investment provided to 41 large-scale clean tech projects through the EU Innovation Fund.
Multiple European hydrogen projects have been selected by the European Commission (EC) to be financed through the EU Innovation Fund. Specifically, the EC awarded over €3.6 billion to 41 large-scale clean tech projects, many of them being hydrogen-related. According to EC, the funding will contribut
Cyprus-headquartered seismic firm SeaBird Exploration has secured a two-year contract with a repeat client for services spanning several projects in the Western Hemisphere. Seabird reported on 14 July that it had signed a Letter of Award (LoA) for ocean bottom node (OBN) source services, with the co
Port of Sines, a major port in Portugal, and Companhia Siderúrgica Nacional (CSN), a leading steel producer in Brazil, have signed a Memorandum of Understanding (MoU) as part of the Global Gateway initiative of the European Commission. The agreement aims to establish the scope, rules, and guiding pr
UAE-based shipping company Transworld Group and Hong Kong-based ship management company Fleet Management (FLEET) have established a new ship management joint venture, Transworld Fleet Management. The JV will provide dedicated technical management services to Transworld Group’s fleet which includes c
Nel Hydrogen Electrolyser, a subsidiary of Norway’s Nel ASA, has signed a contract for 20 MW of alkaline electrolyser equipment for about €9 million with Hyd’Occ for its project in Port-La-Nouvelle, France. The 20 MW electrolyser will supply renewable hydrogen to local industry and transportation in
