The BOOST project consortium has developed a purpose-built design for offshore floating solar demonstrator that will be tested at Sintef Ocean’s basin laboratory in the following months.
U.S. energy supermajor ExxonMobil expects up to $200 million in charges related to job cuts in 2021, figured in previously in the company’s cost-savings plans.
Swedish wave energy company Seabased is optimising its electrical system that channels inputs from many generators, each absorbing power from different waves, into a single stream of electricity that is ready for the grid.
U.S. energy technology company Baker Hughes and distributed energy company Bloom Energy have agreed to collaborate on hydrogen solutions to advance the energy transition.
Kawasaki Heavy Industries, Yanmar Power Technology, and Japan Engine Corporation recently formed a consortium of Japanese engine manufacturers to pursue joint development of hydrogen-fueled marine engines for ocean-going and coastal vessels.
Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData.
A new mooring, anchoring and quick connect solution optimised for marine energy systems is set for trials in the Atlantic Ocean, following a range of laboratory and on-land test campaigns currently underway.
Onboard carbon capture and storage is technically and financially viable, a feasibility study jointly conducted by Norwegian engineering company TECO 2030 ASA and Austrian-based automotive consulting firm AVL List GmbH has concluded.
Norwegian centre for research and innovation Sintef Ocean has performed tests on a scaled floating solar model on behalf of Moss Maritime and Equinor.
Danish shipping and logistics giant A.P. Moller – Maersk delivered an exceptionally strong performance in Q1 2021 with a record profit for the quarter.
Polish Oil and Gas Company (PGNiG) will aid Poland’s climate neutrality goals by enhancing the availability of natural gas, with parallel work on biomethane and hydrogen projects.
Scotland-based University of Strathclyde has designed a greener, more efficient rudder system that will be demonstrated as part of a €6 million EU-funded research project.
The Port of Esbjerg, Denmark’s largest port on the North Sea, and France-based information technology company Atos have unveiled a joint co-innovation project to create a carbon-neutral harbour.
NEO Energy has revealed a set of ambitions to reduce its carbon emissions as part of the energy transition plans.
