To adjust and transform to cleaner sources of energy, the world’s largest oil and gas firms could sell or swap oil and gas assets of more than $100 billion, Rystad said.
Swedish Stena Group is developing a solution to use recycled batteries in charging stations at ports. The project is targeting the development of a new type of energy storage, similar to very large powerbanks, which will be essential for the quick charging of electric ferries in the future. The core
BP has been doing its part to unlock the value of technology and tap into its benefits. This has become especially noticeable during 2020 with plans to become a net-zero company by 2050.
Cabling specialist Nexans plans to become carbon neutral by 2030. The company announced this at its inaugural Climate Day event in Paris on September 22, 2020. Nexans plans to achieve carbon neutrality through a specifically defined roadmap: 4.2% average annual reduction of company greenhouse gas em
A first-of-its-kind digital naming ceremony was held today for the 23,000 TEU CMA CGM Jacques Saade, the largest LNG-powered containership in the world.
Oil major Shell has launched a major cost-cutting drive to save cash and overhaul its business in preparation for the energy transition.
The Norwegian government has submitted a proposal to Norwegian Parliament to launch “the greatest climate project in Norwegian industry ever” –carbon capture and storage (CCS) project named Longship.
Engineering consultancy Xodus Group has delivered a review into tariffs for a landmark carbon capture utilisation and storage (CCUS) project in the Netherlands. The review for the Dutch Ministry of Economic Affairs and Climate Policy analysed proposed fees for the transport and storage requirements
Danish offshore drilling company Maersk Drilling has set a target of lowering the intensity of CO2 emissions from its drilling operations by 50 per cent by 2030.
BeHydro, a joint venture company of Ghent-based engine builder ABC and Antwerp-based shipping company CMB, has launched the first hydrogen-powered dual-fuel engine with a capacity of 1 megawatt (MW). Over the past three years, BeHydro has developed, produced, and extensively tested a dual-fuel (dies
Corvus Energy has been selected by Holland Ship Electric to supply lithium-ion battery-based energy storage systems (ESS) for five new all-electric ferries being built by Holland Shipyard Group for Amsterdam’s municipal public transport provider GVB. The ferries will be equipped with air-cooled Corv
The British government has set a goal to reach net-zero emissions by 2050 and electrification of oil and gas platforms on the UK continental shelf (UKCS) should play an important role in efforts to achieve this target.
Sweden-based Wallenius Marine is working on the development of a revolutionary ship design, which promises to cut emissions by 90% when compared to the best in class vessels of today. The vessel concept, named Oceanbird, featuring a wind-powered Pure Car and Truck Carrier (PCTC) able to carry 7,000
A new project, led by the National Oceanography Centre (NOC), will investigate a switch towards low or zero-carbon oceanographic research. The aim of the £250k NZOC (Net Zero Oceanographic Capability) project is to bring together the marine science community and key stakeholders to consider how NERC
