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Halo battery system for C-Power's SeaRAY (Courtesy of Verlume)

Transition

Verlume bags €3M to accelerate energy transition growth plans

Verlume, a UK-based intelligent energy management and storage technologies specialist, has received a €3 million investment from a consortium led by Par Equity.

about 4 years ago

Transition

EU: EuroAsia power link gets highest grant in €1B energy infrastructure investment

Under the Connecting Europe Facility (CEF) for trans-European energy networks, the EuroAsia Interconnector project will receive €657 million.

about 4 years ago

Transition

d’Amico-led biofuel trial confirms positive reduction in CO2 emissions

The joint industry project launched in June 2021 to test biofuel blend (B30) derived from renewable feedstock to power a d’Amico Group LR1 product tanker, showed positive findings in terms of the reduction of CO2 emissions, reduced carbon intensity, and stable NOx emissions.

about 4 years ago

The signing of memorandum of understanding between SBS and Indonesia Power (Courtesy of SBS)

Transition

SBS inks deal for tidal energy projects in Indonesian straits

UK-based tidal energy developer SBS has signed a two-year memorandum of understanding (Mou) with state-owned enterprise Indonesia Power for the development of tidal energy projects in Larantuka and Boleng straits.

about 4 years ago

Transition

UK: £5 bln grid investments proposed, including England-Scotland subsea links

National Grid Electricity System Operator, the UK’s electricity system operator, has published Networks Options Assessment (NOA) for 2022 recommending more than £5 billion (around $6.7 billion) worth of grid infrastructure investments in the North of Scotland.

about 4 years ago

Deirdre Michie will now become CEO of Offshore Energies UK

Transition

UK oil & gas trade body changing name to reflect drive towards net-zero future

Oil & Gas UK (OGUK) is expanding to include the low-carbon offshore energy technologies like offshore wind, hydrogen, and CCS.

about 4 years ago

Transition

Odfjell Drilling mulls splitting into two groups to think beyond core services

Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo.

about 4 years ago

L to R: Kristine Bangstad Fredriksen, CEO of Ocean Oasis (Courtesy of Ocean Oasis/Photo by Dag Knudsen)

Transition

Ocean Oasis scores €2.5M to ramp up wave-powered desalination unit

Norwegian company Ocean Oasis has secured €2.5 million from the European Innovation Council (EIC) Accelerator to advance its wave energy-powered desalination technology.

about 4 years ago

Aker BP forging digital transformation with tech-savvy firm to enhance oil & gas ops

Transition

Aker BP building data factory in the cloud to improve productivity

Aker BP has joined forces with Accenture to develop and deploy a cloud-based solution to improve oil and gas operations.

about 4 years ago

Transition

Furetank to boost Vinga fleet with new green ship

Swedish shipping company Furetank has ordered a dual-fuel tanker from Chinese shipbuilder China Merchants Jinling Shipyard – former AVIC.

about 4 years ago

Transition

In focus: Cross-sector collaborations replacing fossil fuels with green energy

In the face of decarbonisation challenges, presenting a united front seems to be a way around for offshore energy players. During the last week of January, we have witnessed a number of cross-sector collaborations established with a single aim to eliminate carbon emissions and reach the net-zero des

about 4 years ago

Transition

Donsötank’s new hybrid electric tanker bunkered with LNG

Dutch marine fuel supplier Titan LNG has completed the LNG bunkering of MT Prospero — Donsötank’s new 22,000 dwt product and chemical tanker.

about 4 years ago

Transition

Volkswagen opts for green ship recycling

Germany’s transport and logistics company Volkswagen Group Logistics, part of Volkswagen AG, has become a signatory of the Ship Recycling Transparency Initiative (SRTI), an information disclosure platform hosted by the Sustainable Shipping Initiative (SSI).

about 4 years ago

Transition

Spliethoff wraps up 1st biofuel trial with GoodFuels

As part of the CO2 emission reduction endeavour, Spliethoff Group, the Netherlands-based shipowner, has completed its first biofuel trial in cooperation with compatriot biofuels pioneer GoodFuel.

about 4 years ago