Offshore energy research and advisory firm Axiom has studied how the electrification of platforms can have a meaningful impact on the carbon intensity of offshore oil and gas production. The above chart highlights Axiom’s view on how the 2020-2024 fixed production market has evolved through February
The North Sea has been a cash cow for the UK and Norway contributing to their economies for over half a century.
Orbital Marine Power has appointed Black & Veatch as lead engineering partner to support technology optimisation and cost reduction engineering under the company’s €5-million R&D programme. Supported by the INTERREG France (Channel) England TIGER project, the four-year programme will build on Orbita
Eleven industry majors including AWS, Carrefour Group, CMA CGM Group, Cluster Maritime Français, Crédit Agricole Corporate and Investment Bank, Engie, Faurecia, Michelin, Schneider Electric, Total and Wärtsilä have formed a coalition for the energy of the future. The coalition aims to accelerate the
Australian trade gateway Port of Newcastle is moving to 100% renewable energy by 2021 and is continuing to transition all its vehicles to electric by 2023. The port has joined other six Hunter institutions that will advocate for and drive local adoption of the United Nations’ (UN) Sustainable Develo
Eleven years ahead of schedule, Taiwanese shipping company Yang Ming Marine Transport Corporation managed to accomplish the International Maritime Organization (IMO) target of reducing carbon intensity by at least 40 per cent by 2030.
Ports can play a pivotal role in the world’s decarbonization challenge by becoming renewable energy hubs, increasing their electricity generating capacity more than tenfold in the next 30 years with the help of offshore wind and hydrogen, a new report from DNV GL finds. By 2050, the total electricit
The Blue-GIFT (Blue Growth and Innovation Fast Tracked) project has has recommended five ocean energy companies for support. This completes the second of three calls for applications in the Blue-GIFT project. The Blue-GIFT project, coordinated by the European Marine Energy Centre (EMEC), aims to hel
The coronavirus pandemic will have a dramatic impact on energy supply and demand in the short term and will have lasting impacts once the pandemic dissipates but on its own will not be enough to advance the world’s progress towards the Paris climate ambitions, classification society DNV GL said.
Ireland needs to install 1 GW of offshore wind energy capacity by 2025 if it is to meet the new Irish government’s target of 5GW of installed offshore wind by 2030, SSE Renewables said. Paul Cooley, Director of Capital Projects at SSE Renewables, told the Energy Ireland ‘Offshore Energy Conference’
Equinor is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage.
The COVID-19 pandemic has been an eventful time during which many steps were taken by governments, political organizations, the EU, and oil companies to plan a faster, more efficient, and more impactful energy transition. Here we look at a sequence of events working in favour of the transition to gr
Amid the ongoing COVID-19 pandemic, Swedish ferry company Stena Line has confirmed that the construction of its two new, larger E-Flexer ferries has begun in Weihai, China.
The world’s first international demonstration operation to transport hydrogen has begun.
