OKEA and Equinor in collaboration with license partners have set the wheels into motion to electrify the Draugen field and Njord A platforms.
Danish shipping and logistics giant A.P. Moller – Maersk has signed a Letter of Intent (LoI) with US-based SunGas Renewables, Inc., a spin-out of GTI Energy, to form strategic green methanol partnership as part of its strategy to decarbonise customers’ supply chain. With this LoI, SunGas joins eight
UK’s BEIS has published key documents relating to the pot structure and administrative strike prices for renewable energy projects in the fifth round of contracts for difference (CfD), while also launching the consultation that will shape the next ones.
Out of the 28 financial institutions reporting their emissions data in the third edition of the Poseidon Principles Annual Disclosure Report 2022, seven banks are aligned with the IMO’s ambition of halving shipping’s GHG emissions by 2050. The Poseidon Principles are a global framework for assessing
Petronas has entered into a heads of agreement (HOA) with JX Nippon for a cluster of fields located offshore Peninsular Malaysia.
The Dutch Ministry of Economic Affairs and Climate Policy (EZK) is now actively looking into the build-out of offshore wind beyond 2030, as well as into offshore energy hubs, offshore hydrogen production and reuse of gas pipelines for hydrogen transport. The EZK is currently working on a comprehensi
The US Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has launched a $10.5 million call for new marine energy projects, expected to advance the research and development of this renewable energy industry.
Norwegian shipping company Stolt–Nielsen Limited has joined the critics of the International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII), which comes into force in January 2023. The company explained why the CII is causing headaches for the chemical tanker segment and may even pro
The Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and Meyer Turku Oy, has signed a deal with the US-based cruise major Royal Caribbean Group on sustainable shipbuilding in Finland. The parties signed a maritime declaration that lays the groundwork for the
A consortium of international partners has launched a new project that aims to establish a hydrogen export route from Scotland to Rotterdam via liquid organic hydrogen carrier (LOHC). The project named LOHC for Hydrogen Transport from Scotland (LHyTS) seeks to demonstrate that LOHC, in the form of m
If Korea, the leading shipbuilder in the world, fails to rapidly embrace the clean energy transition in ocean shipping, it risks losing its foothold and dominance in the shipping and shipbuilding industries, a newly issued report says. The report was developed by Solutions for Our Climate (기후솔루션) an
Swedish sustainable solutions provider Alfa Laval has entered into an agreement with a subsidiary of CVR Energy, a US-based renewable fuels and petroleum refining company, to supply processing systems for feedstock pre-treatment, part of a strategic investment in the refinery supporting CVR’s expans
Wintershall Dea has submitted a PDO for a gas field in the Norwegian Sea a year after the discovery was made.
Spanish, French and Portuguese transmission system operators (TSOs) have signed a memorandum of understanding (MoU) to collaborate on the development of the proposed H2Med project, which is described as the first hydrogen corridor in the EU. The MoU was signed by Spanish Enagás, French GRTgaz and Te
