FPSO operator BW Offshore has decided to record an impairment to the book value of three FPSOs, amounting to $59.6 million, in the fourth quarter of 2020 amid continued uncertainty regarding redeployment. The three FPSOs are Berge Helene, BW Cidade de São Vicente, and Espoir Ivoirien, BW Offshore sa
H2GO Power, in collaboration with the European Marine Energy Centre (EMEC) and Imperial College London, are testing the use of artificial intelligence (AI) software coupled with hydrogen technology.
State-owned oil companies could waste around $400 billion on investments in the next decade on new oil projects that will struggle to turn a profit as the world shifts away from fossil fuels, NRGI said in its latest research.
The Dutch Minister of Economic Affairs and Climate Policy, Bas van ‘t Wout, has published a roadmap for floating solar energy, outlining the opportunities and risks associated with this growing industry in the Netherlands.
Wave energy company AW-Energy has joined the E-fuel research project looking to drive forward the commercialisation of the electrofuel (e-fuel) production using sustainable electricity and sequestered carbon dioxide.
Norwegian fertilizer company Yara International ASA revealed it is taking further steps to enable the hydrogen economy by establishing a new global unit – Yara Clean Ammonia.
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, appointed Roland Fisher as an independent director to the partnership’s board of directors.
BlueInvest and Dutch Marine Energy Centre (DMEC) have joined forces to mobilise private investment in the marine energy sector.
Oil and gas company focused on the UK North Sea Independent Oil and Gas (IOG) has appointed a new chief operating officer (COO).
Finnish shipping companies ESL Shipping and Meriaura are participating in a consortium that recently launched the E-fuel research project in Finland.
Danish company Wavepiston has closed its crowdfunding campaign having successfully raised over €2.4 million for its wave energy technology and projects.
French industrial gases and services specialist Air Liquide and Germany-based energy technology company Siemens Energy entered a partnership for sustainable hydrogen production.
UK-based Windship Technology has unveiled its zero-emission ship design and announced an investment partnership with DNV GL, one of the world’s leading classification agencies. The vessel design features a patented triple-wing rig as well as a new diesel-electric ship drive system that eliminates CO
German container shipping company Hamburg Süd, part of Maersk Line, has appointed new chief executive officer (CEO) to lead the next step of the carrier’s integration. As informed, long-serving Hamburg Süd executive Poul Hestbaek, who is currently the company’s chief commercial officer (CCO), will t
