As the offshore oil and gas sector continues to move forward with acting on both corporate and governmental energy transition strategies, the offshore wind sector is increasingly seeing new players entering the scene, one of the latest being an Indian oil and gas production company.
The representative body for Welsh marine energy industry Marine Energy Wales has launched the ‘Road to COP26’ initiative to showcase the emerging offshore renewable energy industry in Wales and highlight the contribution the sector can make to net-zero.
Russian natural gas producer PAO Novatek and the Japan Bank for International Cooperation (JBIC) have revealed plans to work together on low-carbon projects.
Turkish boat builder Sanmar Shipyards and Norway’s energy storage company Corvus Energy have signed a memorandum of understanding (MoU) to develop a new range of zero-emission and hybrid tugs based on Robert Allan design.
Shell and KazMunayGas have signed a Memorandum of Cooperation in the area of CO2 Capture Utilization and Storage Technology (CCUS).
The U.S.-based marine energy developer ORPC has deployed its second RivGen power system in Alaska to harness the currents of Kvichak River to produce clean and renewable energy for the residents of the Village of Igiugig.
The Port of Corpus Christi Authority and the Texas General Land Office (GLO) have signed a memorandum of understanding (MOU) stating their intention to co-develop a carbon dioxide (CO2) storage solution in the Coastal Bend in support of national decarbonization targets.
Major European companies and project developers have joined forces with leading research institutions to unlock large-scale potential of combined wind, wave and offshore floating solar renewable energy sources in the newly launched €45 million marine energy project ‘European Scalable Offshore Renewa
DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.
To remain competitive while reducing pollution and climate impacts, EU maritime transport must continue investing in sustainable new technologies, and adopting digital solutions and automation processes, a new report concluded.
As the shipping industry continues to seek the best possible fuel alternatives, methanol is emerging as a promising marine fuel on the sector’s decarbonization journey.
Swedish company Alfa Laval is developing a range of methanol solutions to support the maritime decarbonization goals.
Jersey will re-phase its key GBA project milestones like FEED entry, FID, and first oil dates to allow enough time for electrification studies.
South Korean steel-making company POSCO has partnered up with local shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) and others to develop a liquid carbon dioxide (CO2) carrier.
