The COVID-19 pandemic and the resulting crew change crisis combined with the latest cyber-attack hitting the headlines have made it quite difficult for the International Maritime Organization (IMO) to advance its decarbonization goals this year. The efforts haven’t been completely derailed, on the c
Driven by digital technologies, Equinor has increased its earnings by more than NOK 2 billion since the start of production from its Johan Sverdrup field, located in the North Sea.
The Penguin wave energy converter has started the journey towards the coast of Basque Country where it will be tested at the Biscay Marine Energy Platform (BiMEP).
A new fuel cell project aimed at constructing a pilot system that can use different types of fuel was presented to Norwegian Prime Minister Erna Solberg on 1 October 2020.
Aker Solutions has won two contracts from ConocoPhillips for the Tommeliten Alpha development offshore Norway. The NOK 1.2 billion ($129.3 million) deal will see the company deliver the subsea production system. The scope of work includes 10 vertical subsea trees, two manifolds, wellheads, satellite
Sandnes-based drilling and well performance solutions specialist eDrilling has been awarded DEMO 2000 funding through Norwegian Research Council. Energy companies have for decades leveraged eDrilling’s AI, Machine Learning and Predictive Analytics software to optimize well construction and drilling
Lloyd’s Register has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for its ammonia-fuelled tanker design. This represents a key progress milestone in the joint development project LR and SHI announced with industry leading partners MISC Berhad and MAN Energy Solutions in Janu
A collaborative project, led by Carnegie Clean Energy, has secured funding for the development of a component expected to reduce the costs of CETO wave energy device and offer benefits for aquaculture and other marine industries. The industry-focused Mooring Tensioner for Wave Energy Converters (MoT
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 16 marine energy technology developers for testing and technical support. The developers and researchers, selected in the first Request for Technical Support (RFTS) launched earlier in 2020, will be granted
Teesside-based Laytrix, has secured funding award for a front end engineering design (FEED) study to investigate the feasibility of using its pipelay concept for carbon capture and storage (CCS) projects. The adaptable and modular system focuses on the use of cost-effective vessels of opportunity re
Baker Hughes has launched its vessel-deployed subsea wellhead cutting system – the Terminator. Using a first-of-its-kind mechanical wellhead removal method, the system has already proven its capabilities on Wintershall DEA abandoned exploration well in Norway. Romain Chambault, Europe vice president
UK-based Simec Atlantis Energy has seen its loss cut almost by half for the six months ended 30 June 2020. The company booked overall loss before tax of £6.1 million against the loss of £11.8 million same time last year. This improvement is largely attributable to strong revenue contributions genera
The Iberdrola-led international consortium has launched the FLAGSHIP project to develop and fabricate the first 10+ MW floating offshore wind turbine. The turbine will be supported by a floating semi‐submersible concrete structure based on Olav Olsen’s OO-Star Wind Floater concept. The prototype is
French tidal energy developer HydroQuest has obtained certification for its 1MW tidal turbine’s power curve from classification society Bureau Veritas. The tidal turbine OceanQuest, deployed in Paimpol-Bréhat, meets the requirements of the IEC 62600-200 standard evaluating the performance of the mea
