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Greenlink interconnector map
Vision

Greenlink gets green light for cable setup in UK waters

Ireland-Wales Greenlink electricity interconnector has secured consent for a marine licence from Natural Resources Wales (NRW). The marine licence covers installation of the marine cable in UK waters. Greenlink said the approval by NRW is a major milestone and joins the onshore planning consents gra

about 5 years ago
SEA-LNG: Bio-LNG for extended GHG reduction compliance
Vision

SEA-LNG: Bio-LNG for extended GHG reduction compliance

SEA-LNG, the industry coalition which promotes LNG as a marine fuel, states that blending bio -LNG with LNG as a marine fuel extends the vessel’s eligibility for funding under Poseidon Principles.

about 5 years ago
ammonia-fuelled tanker
Vision

MPA, Yara join ammonia-fuelled tanker initiative

The Maritime and Port Authority of Singapore (MPA) and Norwegian fertilizer company Yara International ASA have joined the ammonia-fuelled tanker project launched a year ago.

about 5 years ago
Ecospray
Vision

Ecospray, relayr team up on AI-driven smart scrubbers

Ecospray has chosen relayr to create new IoT-based desulphurization solutions, driving the maritime industry towards an increasingly digital future.

about 5 years ago
Gina Krog field off Norway; Credit: Ole Jørgen Bratland/Equinor SSB Norway
Vision

Norway: Oil firms increase 2021 spending plans. Decline set for 2022

Oil and gas companies in Norway have increased their 2021 investment plans in recent months, but still plan to spend less than last year and to reduce spending in 2022, the national statistics office (SSB) survey said.

about 5 years ago
Bernard Looney; Source: BP
Vision

BP unveils first-ever employee share award plan

Oil major BP is launching a first-ever share award scheme to more than 60,000 employees as the company continues transitioning towards a greener future.

about 5 years ago
Tanker
Vision

RINA, SDARI to jointly develop methanol/ammonia-fuelled tanker design

Classification society RINA and the Shanghai Merchant Ship Design & Research Institute (SDARI) have signed a joint development project agreement to develop a ship design capable of being fuelled by either ammonia or methanol.

about 5 years ago
Illustration; Source: NRGI
Vision

NRGI: State oil firms could waste $400 billion as energy shift accelerates

State-owned oil companies could waste around $400 billion on investments in the next decade on new oil projects that will struggle to turn a profit as the world shifts away from fossil fuels, NRGI said in its latest research.

about 5 years ago
Yara
Vision

Yara creates Clean Ammonia unit

Norwegian fertilizer company Yara International ASA revealed it is taking further steps to enable the hydrogen economy by establishing a new global unit – Yara Clean Ammonia.

about 5 years ago
Kitack Lim
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Lim: The biggest challenge for shipping will be addressing climate change

The biggest challenge for the shipping industry will be addressing climate change, the IMO Secretary-General Kitack Lim said in his address earlier today kicking off SMM Digital in Hamburg. Over the next four days, the industry’s most renowned maritime fair is going digital featuring 60 hours of pro

about 5 years ago
SeaBird logo
Vision

SeaBird shrinks loss; Firms up energy transition plans

Oslo-listed SeaBird has recognised net loss of $3 million for Q4 2020, against net loss of close to $12 million in the same period in 2019. Full-year result was also negative, but improved compared to 2019 ($13 million loss vs. $23.3 million loss). The seismic player, which is targeting seabed minin

about 5 years ago
Illustration; Source: Lundin
Vision

Lundin to increase output, accelerate decarbonisation strategy

Swedish oil company Lundin Energy has announced it would be increasing its output in 2021 as well as accelerating its decarbonisation strategy.

about 5 years ago
Source: DNV GL
Vision

DNV GL combines Oil & Gas, Power & Renewables to create Energy Systems

Assurance and risk management company DNV GL has decided to combine its current Oil & Gas and Power & Renewables businesses into one new business area called Energy Systems.

about 5 years ago
Illustration; Source: DNV GL
Vision

Oil and gas industry doubles down on green investments, DNV GL claims

The oil and gas industry expects to boost investment in the energy systems of the future this year as companies seek to transform for the long term, DNV GL said.

about 5 years ago
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