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Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
Vision

Eco Wave Power adds Vistra Energy board member to its advisory board

Wave energy developer Eco Wave Power has appointed Vistra Energy board member Hilary E. Ackermann to its advisory board. According to Eco Wave Power, Ackermann, also a former Chief Risk Officer at Goldman Sachs Bank USA, brings experience in risk management, corporate governance, and clean energy tr

about 1 year ago
C40 Cities
Vision

Can hydrogen deliver? Industry leaders weigh in on costs, policy and progress

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Hydrogen has long been a staple of industrial processes, but its potential as a decarbonization tool remains the subject of intense debate. While its role in refining, steel production and heavy transport is increasingly recognized, fundamental challenges persist – chief among them cost, infrastruct

about 1 year ago
MacArtney Group has established a new office in Dubai to expand its reach in the Middle East, North Africa (MENA), and India, aiming to enhance local support and drive regional growth.
Vision

MacArtney opens UAE office to expand regional presence

Denmark-based underwater technology specialist MacArtney has established a new office in Dubai, UAE, to expand its reach in the Middle East, North Africa (MENA), and India, aiming to enhance local support and drive regional growth. According to MacArtney, the move aligns with the company’s strategy

about 1 year ago
Italy's Eni to off-take renewable energy from Albania via planned 1 GW subsea link
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Italy’s Eni to off-take renewable energy from Albania via planned 1 GW subsea link

Italy’s energy major Eni has secured the status of a preferred off-taker of renewable energy transmitted from Albania to Italy through a planned 1 GW subsea interconnector by signing an agreement with Emirati partners. Eni’s Chief Executive Officer Claudio Descalzi has signed three collaboration agr

about 1 year ago
Yara
Vision

Lloyd’s Register Foundation and World Economic Forum team up on nature-positive ports

Lloyd’s Register Foundation and the World Economic Forum have partnered to accelerate the transition to nature and people-positive ports.

about 1 year ago
Offshore Energy Recap 2024
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Readers’ choice: Offshore Energy’s most-read news of 2024

With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30

about 1 year ago
Inna Braverman Founder and CEO of Eco Wave Power and Idit Silman, Minister of Environmental Protection, Yaron Klein- CEO of Atarim, Ayalon Vaniche, CEO of EDF Renewables IL, Ron Huldai Mayor of Tel Av
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Middle East’s first grid-connected wave energy array goes live

Wave energy developer Eco Wave Power and EDF Renewables have unveiled what is said to be the Middle East’s first grid-connected wave energy power station at Jaffa Port. According to Eco Wave Power, the installation, now operational, has begun exporting clean electricity to the national grid under a

about 1 year ago
First sales and purchase agreement inked for UAE's low-carbon LNG project
Vision

First sales and purchase agreement inked for UAE’s low-carbon LNG project

Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Germany’s Securing Energy for Europe (SEFE) for the long-term supply of low-carbon liquefied natural gas (LNG) from the Ruwais LNG plant in the UAE, set to be the first LNG export facility in the Middle East

about 1 year ago
ADNOC, Petronas and Storegga team up on carbon capture and storage off Malaysia
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ADNOC, Petronas and Storegga team up for carbon capture and storage off Malaysia

Malaysian state-owned energy giant Petronas, Abu Dhabi National Oil Company (ADNOC), and UK’s carbon capture and storage (CCS) company Storegga have signed a joint study and development agreement (JSDA) to evaluate the CO2 emissions storage capabilities of saline aquifers and the construction of CCS

about 2 years ago
Shipping to play key role in enabling hydrogen economy, report says
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Shipping to play key role in enabling hydrogen economy, report says

Shipping can play a key role as an enabler of the hydrogen economy, according to a new report, presented by the International Chamber of Shipping (ICS).

about 2 years ago
BP, Shell, TotalEnergies and Mitsui take stakes in ADNOC’s huge LNG project
Vision

BP, Shell, TotalEnergies and Mitsui take stakes in ADNOC’s huge LNG project

Abu Dhabi National Oil Company (ADNOC) has signed agreements with industry majors BP, Mitsui & Co., Shell and TotalEnergies under which each will take a 10% equity stake in what will be the first liquefied natural gas (LNG) export facility in the Middle East and North Africa (MENA) region to run on

about 2 years ago
Subsea7 has won a “sizeable” contract for subsea infrastructure in the U.S. Gulf of Mexico, described as one worth between $50 and $150 million.
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Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind

Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of c

about 2 years ago
Romania's Hidroelectrica and UAE's Masdar forge ties for floating solar projects. Source: Sebastian Burduja's Facebook
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Romania’s Hidroelectrica and UAE’s Masdar forge ties for floating solar projects, eye offshore wind

The collaboration may be extended for another three years if the joint venture meets certain conditions during the initial three-year period, as proposed by the joint venture and approved by the board for the final investment decision (FID) phase.

about 2 years ago
Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
Vision

Eco Wave Power’s ‘significant milestones’ keep optimism for future energy project opportunities alive

Eco Wave Power is among the companies that felt the impact of the unpredictability surrounding the economy in 2023.

about 2 years ago