Brazilian oil and gas giant Petrobras has awarded Alcatel Submarine Networks (ASN) and Maersk Supply Service (MSS) with a contract for the supply and installation of a permanent reservoir monitoring (PRM) system on a field located in the Santos Basin offshore Brazil. The contract includes the engine
Rotor sails lead the way as the preferred solution for shipowners looking to reduce emissions and increase fuel efficiency by tapping into the potential of wind-assisted propulsion on board their ships. According to recent data from the International Windship Association (IWSA), rotor sails have bee
Scottish company Flex Marine Power has been awarded significant funding from the UK government’s Energy Entrepreneurs Fund (EEF) to further develop and demonstrate its low-cost tidal energy turbine.
Europe’s largest renewable energy generator Statkraft, in collaboration with Norwegian supplier Ocean Sun, has installed three additional floating solar units at Banja reservoir in Albania, bringing the floating solar plant’s total capacity to 2MWp.
The representatives of the UK tidal stream industry have met with Graham Stuart, the minister of the newly launched department for energy security and net zero, to discuss the role of tidal energy in the country’s secure and cost-effective transition to net zero.
Japan-based technology company Eco Marine Power (EMP) has been hired by an unnamed shipping company based in the United Arab Emirates (UAE) to undertake a joint Eco Ship technical study related to renewable energy solutions for ships. EMP said that the study will also include investigating innovativ
China’s shipping heavyweights COSCO Shipping Corporation Limited and COSCO Shipping Development have spearheaded the establishment of the China Electric Ship Innovation Alliance. The founding members represent over 80 companies from various industries including electric-powered propulsion, vessel de
Voyage optimization can reduce emissions by 7.3% and extend CII compliance by up to three years, according to the findings of a study conducted by maritime software and data analysis expert NAPA and classification society ClassNK with Marubeni Corporation. The joint research was carried out using NA
Cédric Rosemont, newly appointed CEO of Traxens, explains in an interview how smart containers can help shipping become greener.
Danish company Wavepiston has opened a second round of equity crowdfunding as it aims to finance the final stages of demonstration and commercialization of its wave energy technology.
Adopting tidal power alongside other forms of renewable energy can significantly enhance energy security and go some way to enabling communities to fulfil their clean energy ambitions, a new study has shown.
As the world faces new challenges in 2023, offshore energy industries are making new plans to deliver on the net-zero target. In addition to marine energy, the fast-growing offshore wind sector is also finding its place among oil and gas players. Example number one: SSE Renewables and Equinor, the d
US energy company New Fortress Energy (NFE) will use a series of technologies from technology company Honeywell UOP to remove various contaminants from natural gas prior to liquefaction at its fast LNG (liquefied natural gas) projects. According to Honeywell, it will provide engineering services and
Korean industry majors, led by shipping heavyweights HMM and Sinokor, have joined forces on the development of nuclear-powered ships. The Memorandum of Understanding (MoU) was signed earlier today by representatives of Gyeongju city, the Gyeongbuk Province, Korea Atomic Energy Research Institute, th
