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Transition

Energy transition and geopolitics to ‘weigh heavily’ on oil & gas industry in 2023

GlobalData has revealed that geopolitics and energy transition are the most pressing themes for the oil and gas industry in 2023.

about 3 years ago

Transition

Another Solstad vessel makes ‘considerable’ fuel and emission cuts

Solstad Offshore’s construction vessel has managed to save “considerable amounts” of fuel and reduce emissions on its way home from a project in West Africa, the Norwegian company reported. The 157-meter-long Normand Vision managed to save 150 tons of fuel on the transit, Solstad said, adding that i

about 3 years ago

Transition

Core Power breaches funding milestone of $100 million

The UK-based Core Power has reached its $100 million funding milestone to develop new nuclear technology for the maritime industry. The funding has been provided by the shipping industry, shipyards, shipowners, charterers, etc, according to the company’s CEO, Mikael Boe, with a large share coming fr

about 3 years ago

Transition

Maersk Growth invests in Danish biofuel producer

Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has together with VÅR Ventures, invested in Kvasir Technologies, a Danish technology company developing a proprietary technology for the production of carbon-neutral biofuel from non-edible biowaste material. The company has raise

about 3 years ago

Environmental Defense Fund Europe (EDFE)

Transition

EU sets the stage to throw fossil energy imports into its methane emissions regulation

The European Parliament’s Environment and Industry Committees have voted to extend the scope of the methane emissions regulation.

about 3 years ago

Transition

MPA Singapore, classification societies join hands on decarbonisation and digitalisation

The Maritime and Port Authority of Singapore (MPA) and eight top classification societies have signed a Letter of Intent (LOI) to collaborate on maritime digitalisation and decarbonisation. The LOI was signed during the Accelerating Decarbonisation Conference at Singapore Maritime Week on 27 April 2

about 3 years ago

Transition

World’s 1st methanol-powered boxship readies for September christening in Copenhagen

Danish container shipping major Maersk is set to commemorate a significant milestone in the maritime industry as it prepares to host a series of events celebrating the first-ever voyage of a container vessel powered by green methanol. The festivities, which will take place from September 18 to 21 in

about 3 years ago

Transition

Offshore Energy at WindEurope: UK-Netherlands multi-purpose interconnector launches (Video)

UK energy market regulator Ofgem has received the application for an electricity interconnector license for the recently announced LionLink multi-purpose interconnector that will connect the UK and the Netherlands. The application was submitted by National Grid Lion Link Limited for a license that w

about 3 years ago

Transition

Is gas paving the way for the hydrogen revolution?

In the energy transition blueprint for the sustainable future, hydrogen has carved a niche for itself and is gaining more ground.

about 3 years ago

Global OTEC meets with Turks and Caicos Islands representatives (Courtesy of Global OTEC)

Transition

UK company looking into OTEC plants for Turks and Caicos Islands

Global OTEC has started talks with the government officials of Turks and Caicos Islands regarding the possible installation of an ocean thermal energy conversion (OTEC) plant for clean energy generation.

about 3 years ago

TGS and Horisont Energi cooperating on carbon capture and storage

Transition

A new European alliance on CCS launched

A new alliance between actors in carbon capture and storage (CCS) has been launched, Danish Shipping, one of the initiators of the new alliance said. Named Carbon Capture & Storage Europe, the alliance brings together a wide range of companies and organisations. The coalition members are: Aker Carbo

about 3 years ago

Transition

Is the EU on the cusp of grabbing methane by the horns or will it let these emissions slip through the cracks?

The EU is preparing to cast its vote on the first methane emissions regulation, which could help lower methane in the oil and gas sector.

about 3 years ago

Transition

Yara and VNG plan close collaboration on clean ammonia in Germany

Yara Clean Ammonia, a subsidiary of Norwegian fertiliser company Yara International, is joining forces with Leipzig-based gas company VNG in the field of clean ammonia that will actively support the implementation plans outlined in the German Hydrogen Strategy. To this end, the companies signed an o

about 3 years ago

Oceans of Energy’s offshore floating solar system (Courtesy of Oceans of Energy)

Transition

Oceans of Energy to build offshore solar array at Hollandse Kust Noord offshore wind park

Oceans of Energy has been awarded the contract for installing and operating offshore solar farm inside the Hollandse Kust Noord offshore wind park being developed by CrossWind, a joint-venture between Shell and Eneco.

about 3 years ago