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Next Geosolutions wins Hansa PowerBridge work

Next Geosolutions has secured a contract with Swedish TSO Svenska kraftnät for the Hansa PowerBridge complementary marine survey. The Hansa PowerBridge (HPB) project is a 300-kilometre HVDC interconnector between Sweden and Germany. The contract will see Next Geosolutions carrying out marine geophys

about 6 years ago

Transition

Using oil and gas know-how to develop CO2 capture and storage project amid push for lower emissions

Using their decades of experience in the oil and gas sector, three majors are moving forward with a project which will enable the transport of carbon dioxide captured from industrial sites in Norway and its storage in a reservoir below the seabed in the North Sea off Norway.

about 6 years ago

Transition

P4G Getting to Zero Coalition Partnership to map the business case for shipping’s sustainable energy shift

Global Maritime Forum, World Economic Forum, Friends of Ocean Action, International Association of Ports and Harbors, Environmental Defense Fund, and University College London Energy Institute have partnered with global network P4G. The new P4G Getting to Zero Coalition Partnership builds on the Get

about 6 years ago

Transition

European shipowners: Investments in making fleet greener will no longer be possible after COVID-19

Investments in the reduction of air emissions from ships would no longer be possible in a post coronavirus world, European shipping companies said in a new survey report.

about 6 years ago

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Cable tech pioneer Enertechnos raises £5M

UK clean energy technology innovator Enertechnos said it has raised £5 million in a Series A funding round. The round secured further 30 per cent backing by existing investors. The remainder were provided by individual investors, including energy and engineering specialists alongside former cabinet

about 6 years ago

Transition

Alfa Laval wants to become carbon neutral by 2030

Alfa Laval, a Swedish-based supplier of products and solutions for heat transfer, separation and fluid handling, has joined the ‘1.5°C Business Playbook’, a spin-off from the ‘Exponential Roadmap’ initiative. The playbook is a guide for climate strategy and action, and it aims to transform the econo

about 6 years ago

Transition

COVID-19 could be driving force to decarbonise shipping before 2050

The coronavirus pandemic is opening up many new opportunities for the shipping industry, Cristina Aleixendri, COO at bound4blue, said during a video conference hosted by SMM.

about 6 years ago

Transition

Hydrogen on oil and gas industry’s decarbonisation horizon

Hydrogen has surged up the priority list of many oil and gas organizations, taking a primary position in the sector’s decarbonization efforts, according to a new report by DNV GL.

about 6 years ago

Transition

Norway to double funds for seabed minerals exploration

The Norwegian Government has proposed to increase funding for mapping of seabed minerals and knowledge building. In its revised National Budget for 2020, Norway is looking to boost its previous funding from 70 to close to 140 million Norwegian kroner. Tina Bru, Norwegian Minister of Petroleum and En

about 6 years ago

Transition

BIMCO: The crash of the bunker market and post-IMO 2020 reality

The collapse of the oil market has seen prices of marine fuels compliant with the IMO 2020 sulphur regulation dwindle providing some ease for shipowners in the unprecedented economic crash. “From a shipowner’s or charterer’s perspective, the lower bunker prices provide a glimmer of hope in bleak tim

about 6 years ago

Transition

80% of UK public backs wave and tidal energy

New figures released by the UK government show wave and tidal energy has the backing of 80 per cent of the public. The figures say that a consistently high percentage of people are backing the UK’s transition from fossil fuels to renewable energy. The latest Public Attitudes Tracker, published quart

about 6 years ago

Transition

The Dutch kick off marine energy roadmap

Dutch Minister of Economic Affairs and Climate, Eric Wiebes, has agreed on drafting a Roadmap to Marine Energy in 2020. This follows a positive outcome of the position paper “Energy from Water”, set up by Dutch Marine Energy Centre (DMEC) and Energie uit Water (EWA). DMEC and EWA elaborated on the i

about 6 years ago

Transition

Boosting solar cells efficiency

The US National Renewable Energy Laboratory (NREL) scientists have fabricated a solar cell with an efficiency of nearly 50 per cent. The six-junction solar cell now holds the world record for the highest solar conversion efficiency at 47.1 per cent, measured under concentrated illumination. A variat

about 6 years ago

Transition

Oil & gas regulator to support UK’s target to reach net zero by 2050

The UK Oil and Gas Authority (OGA) has revealed its intention to help the government achieve the target of net zero greenhouse gas emissions by 2050.

about 6 years ago