BP has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion. It is the next strategic step in focusing portfolio as part of reinventing BP.
As the world looks to reach a cleaner future and stop relying on fossil fuels, we will need to replace this with other significant energy sources. Wind, sun and marine renewable energy, such as wave and tidal might help us reach this goal, but we will also have to take into account other building bl
EU has completed the signing of a memorandum of understanding on the Clean Energy for EU Islands initiative. Energy commissioner Kadri Simson has signed for the Commission alongside 14 member states. EU islands have the potential to pioneer the clean energy transition and this initiative puts them i
Construction of the longest subsea power cable in the world has now passed the halfway point. The North Sea Link, a joint venture project between National Grid and Norwegian system operator Statnett, is a subsea electricity cable that will connect the UK and Norwegian electricity grids. Prior to cab
Europa 2, a cruise ship operated by Germany-based cruise line Hapag-Lloyd Cruises, has had its cold ironing connection certified by the classification society DNV GL.
Cabling specialist NKT is now powering its power cable manufacturing with electricity from renewable energy. This is reducing its CO2-emissions from energy consumption by 66 per cent. For NKT, the move to green electricity is a step in supporting the global transition to renewables by reducing the c
Denmark has given a go-ahead for the development of the energy islands, and the second of the three 1 GW offshore wind farms proposed in the Energy Agreement 2018. The 1 GW offshore wind project will be developed at the Hesselø zone in the Baltic Sea and is expected to be commissioned by 2027. The [
Assessing the environmental effects of marine energy is an important step in the permitting process before deploying devices. To help reduce potential impacts, scientists are researching the acoustic impacts to fish and marine mammals and the effect of electromagnetic fields from power cables and de
Ocean energy devices and pilot farms should be demonstrated in real-sea conditions for several years to accelerate large-scale deployment, according to ETIP Ocean’s new ‘Strategic Research & Innovation Agenda (SRIA)’, published today. This is just one of the priorities that the report identifies for
The number of members of the Green Marine environmental certification program has been steadily increasing, according to the program’s latest performance report.
Qair International (formerly Quadran) is developing an offshore floating solar power plant in Seychelles. The 5MW plant will be the first project led by an independent power producer (IPP) in Seychelles. The project, initially set to commence in July, will be built on a lagoon on Mahé, the main isla
France Energies Marines has appointed Jean‐Philippe Pagot as president to the head of the Institute for Energy Transition (ITE). Jean‐Philippe Pagot is director of Marine Environment at EDF Renouvelables. He has been with the Institute since creation in 2012. Pagot accepted the challenge of mobilizi
Norwegian shipowner Eidesvik Offshore has signed an agreement with compatriot software provider Yxney Maritime to start using the Maress cloud-based system for data-driven decarbonisation of vessel operations.
Danish offshore drilling contractor Maersk Drilling is joining a new CO2 storage consortium formed by INEOS Oil & Gas Denmark and Wintershall Dea.
