A case study, conducted by Ocean Harvesting Technologies and Lundin Energy Norway, has shown that wave power could provide significantly more stable power production than offshore wind for the electrification of oil and gas platforms.
Ten companies have joined the Cargo Owners for Zero Emission Vessels (coZEV) initiative launched by cargo owners that aim to switch all of their ocean freight to vessels powered by zero-carbon fuels by 2040. The latest signatories of the platform include Beiersdorf, Dupont, Electrolux, ETTLI Kaffee,
The UK’s first-ever carbon storage licensing round, encompassing 13 areas, has attracted 26 bids from 19 industry players.
Cruise company Hurtigruten Norway has launched its first environmentally upgraded battery-hybrid powered ship, MS Richard With.
30 shipping banks and 17 marine insurance providers and brokers announced today that the Poseidon Principles will add additional trajectories to report climate alignment with a 1.5C future.
UK-headquartered subsea technology company Rovco has entered the U.S. offshore wind market with the strategic appointment of the director for the Americas. Located in New York, Mitchell Johnson has been appointed to expand the company’s global footprint and establish operations in the U.S. According
Following the competitive first phase of EuropeWave’s pre-commercial procurement (PCP) program, five wave energy projects have been selected to develop their concepts further in the next phase.
Talos Energy has announced the execution of definitive agreements to acquire EnVen Energy Corporation for $1.1 billion.
A pilot facility for the storage of fossil-free hydrogen gas, described as the first of its kind in the world, is now in operation in Luleå, Sweden. The HYBRIT pilot facility is owned by a Swedish trio comprising of state-owned power company Vattenfall, iron ore producer LKAB and steel company SSAB.
French green hydrogen technology developer Lhyfe, together with its partners, has inaugurated the world’s first offshore renewable hydrogen platform in France.
Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year, according to a new report by International Renewable Energy Agency (IRENA).
More than 200 industry leaders have endorsed strategies from the Mission Possible Partnership (MPP) to decarbonise some of world’s hardest-to-abate, carbon-intensive industries in this decade.
The UK government has lifted the moratorium on shale gas production in England and confirmed its support for a new oil and gas licencing round.
Classification society DNV has awarded approval in principle (AiP) to SBM Offshore, the Dutch-based provider of floating production solutions to the offshore energy industry, for its ammonia terminal. The approval was awarded to SBM Offshore and Imodco for the Imodco ammonia catenary anchor leg moor
