A new report co-authored by the IIRENA and OEE has provided a roadmap to decision makers on the various financing mechanisms for ocean energy and how they can be scaled up to secure investments for the sector.
Swedish company Ocean Harvesting Technologies has teamed up with experts in model-based predictive control to increase the performance of InfinityWEC in the upcoming sea trials.
The adoption of alternative, low-carbon fuels in the shipping industry is one of the key aspects of achieving the goal of mitigating the impact of international maritime trade on air pollution and the emission of greenhouse gas. Cost is a particularly important consideration, as the adoption of new
The UK Government has selected eight successful bidders in the second phase of the carbon capture, utilization and storage (CCUS) cluster sequencing process to proceed to negotiations for support through relevant business models. Following the selection of HyNet and East Coast Cluster as Track-1 CCU
Brazil’s Petrobras has picked Halliburton’s digital platform to accelerate digital transformation and address subsurface challenges.
German engine manufacturing powerhouse MAN Energy Solutions revealed on Wednesday that its MAN 49/60DF engine has received its Type Approval after a five-day program on the testbed at the company’s HQ in Augsburg, Germany. The Type Approval Test (TAT) was witnessed by inspectors representing the ABS
While several Canadian LNG projects are progressing with environmental permits and construction milestones, a Nova Scotia-registered company has decided to stop advancing an LNG project on the Strait of Canso and proposed constructing and operating a green hydrogen and ammonia facility instead. Bear
Klaveness Combination Carriers ASA (KCC), part of Norwegian shipping company Torvald Klaveness, plans to introduce its first zero-emission vessel within 2030. The move is part of the company’s updated environmental strategy which is targeting a 45% reduction in energy efficiency operational indicato
Norwegian oilfield services provider Aker Solutions has joined the First Movers Coalition (FMC), thereby committing to buying at least 10 per cent of its steel from low-emissions sources by 2030. By joining the decarbonizing coalition, Aker Solutions has committed to a frame agreement for steel purc
Bluenergy Solutions has launched a new project offshore Singapore, featuring a ‘Plug and Play’ solution that entails tidal energy generation, storage and distribution.
Denmark-headquartered cable manufacturer NKT has signed the necessary agreements with Taiwanese Walsin Lihwa for the establishment of the recently announced joint venture that will support the construction of the first subsea power cable factory in Taiwan. NKT’s delegation visited the head office of
Scottish company Mocean Energy has selected TEXO Engineering & Fabrication (TEXO E&F) as its preferred fabrication, assembly and load-out contractor for the Blue Star and Blue Horizon wave energy converters.
As a response to the growing demand for the oil and gas industry in the Middle East, Texas-headquartered Perma-Pipe International has opened a new plant in the United Arab Emirates, said to be its largest production facility outside North America. The Abu Dhabi-based facility was inaugurated at an o
Nordic Green Ammonia Powered Ships (NoGAPS) project consortium has revealed the initial ship design for the ammonia-fueled gas carrier M/S NoGAPS. The NoGAPS project brings together key players in the value chain, including Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS), Nordic Inn
