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PGS makes energy-efficient move for eight of its seismic vessels

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PGS makes energy-efficient move for eight of its vessels

Norwegian seismic company PGS is switching to energy-efficient lighting for eight of its seismic vessels as part of its sustainability targets and desire to comply with emission reduction targets and new regulations. PGS appointed compatriot lighting company Glamox to deliver energy-saving lighting

about 2 years ago

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Exclusive interview with Tankers International CEO: VLCC pooling’s role poised to grow with energy transition demands rising

OE spoke with Charlie Grey, Tankers International’s CEO, on how its members are doing business amid the decarbonization and digital transformation.

about 2 years ago

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Three partners unite for landmark hybrid wind-solar farm offshore Italy

Dutch-Norwegian floating solar developer SolarDuck, Italian independent asset manager Green Arrow Capital and New Developments s.r.l., an Italian developer, have agreed to collaborate on the development of an offshore hybrid wind-solar farm in the Gulf of Taranto offshore Italy. The three companies

about 2 years ago

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Canadian govt charts path for sustainable tidal energy development

The Government of Canada has released the Tidal Energy Task Force’s final report to clarify regulatory requirements for tidal energy projects in the Bay of Fundy with the aim of defining the path for growth of the industry. The Government of Canada noted it was working with the province of Nova Scot

about 2 years ago

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After a year of active tendering, Subsea7’s backlog hits year-end level last seen in 2013

After another year of active tendering, Subsea7 secured $7.4 billion of contract awards in 2023, taking its backlog to $10.6 billion, a year-end level last seen in 2013. In its full-year 2023 financial report, Subsea7 reported revenue of $6 billion, an increase of $838 million or 16% compared to the

about 2 years ago

Hywind Tampen wind farm in the North Sea (for illustration purposes); Source: Equinor

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Exclusive interview: Letting energy growth spring free with AI as key to sorting out challenges in oil & gas and renewables

What lies ahead for oil, gas, and renewable energy in the AI-oriented environment and how will these sources of supply be revolutionized?

about 2 years ago

Swedish wave energy firm on the hunt for financial head

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After first phase of operations, CorPower Ocean’s wave energy device ‘proven at commercial scale’

CorPower Ocean’s C4 wave energy converter (WEC) has completed the first cycle of the ocean commissioning program at the Agucadoura site in northern Portugal. Now proven at commercial scale, at the exposed Atlantic test site, CorPower said that the C4 device had demonstrated a unique ability to tune

about 2 years ago

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Is rehearing on US LNG permitting freeze on the horizon?

The latest step being taken to overturn the U.S. LNG permitting freeze comes from the American Petroleum Institute (API).

about 2 years ago

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Santos signs up to join global initiatives for flaring and methane crackdown

Santos has become the latest oil and gas player to join two climate change initiatives, related to flaring and methene reduction.

about 2 years ago

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The ripple effect: How geopolitics and disruptions in key trade routes impact shipping’s decarbonization

Disruptions in two major global maritime trade waterways seem to have diminished efforts to accelerate decarbonization of the shipping industry.

about 2 years ago

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Woodside strengthens ties with JERA through sale of partial stake in gas field, LNG offtake, and pursuit of new energies

Australian energy giant Woodside has put the wheels in motion to widen the scope of its relationship with JERA.

about 2 years ago

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Liquid Wind and partners launch design & performance center to boost eFuel innovation and production

Swedish electrofuel developer Liquid Wind, together with its partners Alfa Laval, Carbon Clean, Siemens Energy, and Topsoe, has launched the eFuel Design & Performance Center (DPC) in Hørsholm, Denmark. The launch of DPC builds on Liquid Wind’s partnership formed in 2020 and the recently announced p

about 2 years ago

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DNV: UK in need of comprehensive energy transition roadmap to usher in low-carbon future

Gears in the energy transition machine are constantly turning but not fast enough to meet the decarbonization targets that the UK has set, according to DNV.

about 2 years ago

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Minesto: Functionality of Dragon 12 megawatt-scale tidal energy kite verified

Minesto’s 1.2 MW Dragon 12 tidal powerplant has delivered as expected during its first phase of operation at its grid-connected monopile seabed foundation in Vestmannasund, Faroe Islands, the Swedish company reported. The 25-ton Dragon 12 tidal energy kite was commissioned in the early morning of Fe

about 2 years ago