Two tidal energy projects, led by major companies Nova Innovation and Magallanes Tidal Energy, have been selected to receive a share of £116 million to drive forward green innovation in the UK.
UK’s petroleum regulator has selected three winners for its £1 million electrification competition, aiming to advance oil and gas electrification plans.
Storegga, Shell, and Harbour Energy have revealed that North Sea Midstream Partners has acquired stake in the Acorn CCS and Hydrogen Project in the UK.
Dutch maritime technology company Value Maritime hit the headlines earlier this year as it developed what it claims to be the world’s first onboard CO2 capture and storage (CCS) unit for the maritime industry.
Europe could benefit from the €140 billion economic opportunity and 1.2 million new jobs by 2050 if it takes the lead in the global ocean energy market, a newly launched report states.
British diesel technology innovator, Cox Marine, has joined SHAPE UK, a consortium looking to transition Portsmouth International Port into the UK’s first zero-emissions maritime hub.
Methanol as an Energy Step Towards Zero-Emission Dutch Shipping (MENENS) maritime consortium has been awarded a €24 million (about $27 million) grant to conduct research into accelerating the use of methanol as a low-carbon fuel within the shipping industry.
Injazat and Lamprell have appointed a CEO of their JV to progress their digital strategy, while also generating new revenue streams.
Esvagt will be fully owned by 3i Infrastructure following the purchase of a 50% stake from co-investor AMP Capital for about $356 million.
Wood Mackenzie has appointed a previous UN economist as the head of its carbon team to help the firm’s customers navigate energy transition.
Siccar Point Energy has confirmed that Shell, its partner in the Cambo development, has taken the decision not to progress its investment.
Norwegian naval architect and ship design firm LMG Marin, part of Sembcorp Marine Ltd, has secured a contract to design the world’s first green ammonia-fuelled tanker, the MS Green Ammonia.
ClassNK has added the world’s first liquefied hydrogen carrier built by Japanese corporation Kawasaki Heavy Industries (KHI) to its register.
The European Marine Energy Centre (EMEC), a world-leading test facility for marine energy, has scooped the ‘Champion of Renewables’ award at this year’s Scottish Green Energy Awards.
