Sustainable Marine Energy (SME) will supply three next generation PLAT-I floating tidal energy systems, with a rated power output of 420kW each, to project entity Spicer Marine Energy. Spicer Marine Energy has signed a design build and operate (DBO) agreement with reconcept GmbH for the first phase
Scorpio Bulker’s decision to invest in a wind turbine installation vessel, announced earlier this week, came as a major surprise for the market, with many questioning the motives behind the dry bulk operator’s bold move into a brand new sector. The company signed a Letter of Intent with South Korean
The integration of offshore energy systems, including oil and gas, renewables, hydrogen, and carbon capture and storage, could deliver around 30 per cent of the UK’s total carbon reduction requirements needed to meet the 2050 net-zero target, the OGA said.
A green energy transition will require the industry to make real progress in reducing its carbon footprint.
The National Subsea Research Institute (NSRI) has developed a tool which provides a clear indication of the potential commercial viability of early stage technology in the subsea industry, supporting technology and innovation developers, funding organisations and investors. By measuring the viabilit
The Dutch Marine Energy Centre (DMEC) has joined forces with the European Space Agency (ESA) to accelerate marine energy solutions. The partnership will explore the added value of space tech and data in the development of marine energy. It can play a key role in the acceleration of marine energy sol
The Hydrogen Council, a global CEO-led coalition working to enable the global energy transition through hydrogen, has welcomed three new members from the maritime sector.
Germany’s Uniper has teamed up with General Electric to decarbonize its gas-fired power plants and natural gas storage facilities.
Ocean Energy Systems (OES) new report shows that islands and other off-grid markets may present opportunities for ocean energy developers to deploy their technologies while providing sustainable energy to local communities. The report ‘Ocean Energy in Islands and Remote Coastal Areas´outlines the ou
Hit by the Covid-19 downturn, the oilfield service market is not likely to rebound to last year’s activity level until 2023, according to a Rystad Energy analysis.
Shipping is a capital-intensive industry. However, over the past few years, the availability of capital within the sector has shrunk considerably as western banks cut their exposure to the market after struggling with bad shipping loans. Too many regulations, especially those targeting environmental
Two UK energy technology and innovation organisations have announced a five-year collaboration to deliver next generation energy technologies and accelerate the United Kingdom’s transition to a net zero future. The Energy Transition Alliance (ETA), formed by The Oil & Gas Technology Centre (OGTC) an
Nine companies including A.P. Moller – Maersk, Danone, Mercedes-Benz AG, Microsoft Corp., Natura &Co, NIKE, Starbucks, Unilever, and Wipro, as well as Environmental Defense Fund (EDF) are launching a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as T
The European Union is supporting Member States’ shift to greener fuels for transport with new funding commitments.
