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A panel session at Offshore Energy Exhibition & Conference 2023 in Amsterdam
Vision

OEEC 2024: A lot to talk about

In a little more than five years, renewable energy targets set for 2030 will come knocking on the door. Whether they will be reached, missed or overshot, depends on multiple factors, most of which concern policymakers and the energy sector itself. At the end of 2023, the EU increased the binding ren

about 2 years ago
Green Marine Europe
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Green Marine Europe program reports two-fold increase in participants

Green Marine Europe (GME), the European environmental certification program dedicated to the maritime industry, revealed that the number of program participants more than doubled in just two years.

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about 2 years ago
EU fund grants €14.3 million for scale-up of advanced remote USVs
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EU fund grants €14.3 million for scale-up of advanced remote USVs

Norwegian Reach Subsea has secured funding of up to €14.3 million from the EU Innovation Fund, under the Net Zero Technologies initiative, which will be used for the scale-up of the Reach Remote project focusing on the development of advanced remote unmanned surface vessels (USVs). “This is a signif

about 2 years ago
Offshore wind firm expands with 'highly complementary' subsea company
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Offshore wind firm expands with acquisition of ‘highly complementary’ subsea company

Offshore wind services company Venterra Group has acquired Oceanscan Holdings Limited, a group of companies that provide subsea and non-destructive test equipment, geotechnical services and specialist personnel to the offshore energy market. Founded in 1989 and headquartered in Aberdeen with oversea

about 2 years ago
Port-La Nouvelle
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Port-La Nouvelle poised to become ‘a key hub’ for green hydrogen and CO2

A consortium of partners is looking to establish an essential hub for low-carbon hydrogen and CO2 management in the Mediterranean within Port-La Nouvelle.

about 2 years ago
18 companies unite for joint industry partnership to accelerate CCUS projects
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18 companies unite in joint industry partnership to accelerate CCUS projects

Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e

about 2 years ago
Shearwater - NEO Energy
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NEO Energy reshapes executive structure, appoints new leadership

Aberdeen-based New European Offshore (NEO Energy) has reshuffled its leadership team, appointing a new Chief Executive Officer (CEO) and Chief Operating Officer (COO) while restructuring its Board. The company named Andy McIntosh as the new CEO and Craig McKenzie as COO, both internal promotions.

about 2 years ago
Woodside delisting from London Stock Exchange
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Woodside delisting from London Stock Exchange

After having reviewed its current listing structure, Australian energy giant Woodside Energy has decided to delist from the London Stock Exchange (LSE), a move set to reduce the company’s administration costs. Woodside, noting that its trading volumes on the LSE are low, has applied to the UK Financ

about 2 years ago
Horisont Energi looking for partner(s) for Barents Sea CO2 exploration license as ORLEN withdraws
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Horisont Energi looking for new partners for Barents Sea CO2 exploration license as ORLEN withdraws

ORLEN Upstream Norway, part of Poland’s ORLEN Group and formerly known as PGNiG Upstream Norway (PUN), has decided to withdraw from the Polaris CO2 exploration license, the only CO2 storage located in the Barents Sea, with Horisont Energi now assessing the way forward for the project. The Polaris li

about 2 years ago
Source: North Sea Transition Authority (NSTA)
Vision

More sustainable and closely coordinated seabed management aim of new UK agreement

UK regulator North Sea Transition Authority (NSTA) and The Crown Estate, manager of the seabed and renewable energy rights within the economic zone in England, Wales and Northern Ireland, have signed a new Statement of Intent as part of joint aspirations to ensure a more sustainable and closely coor

about 2 years ago
Denmark sets aside $4.2 billion as part of its third fund for carbon capture and storage
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Denmark sets aside $4.2 billion as part of its third fund for carbon capture and storage

The Danish Energy Agency has launched the tendering procedure for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion ($4.2 billion) available for interested parties to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, trans

about 2 years ago
UK-based tidal energy company Proteus Marine Renewables (PMR) has had its cost reduction projections validated with the European Investment Bank (EIB), confirming that the levelized cost of energy (LC
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Proteus Marine Rewables’ tidal energy system on track to slash costs, EIB confirms

UK-based tidal energy company Proteus Marine Renewables (PMR) has had its cost reduction projections validated with the European Investment Bank (EIB), confirming that the levelized cost of energy (LCoE) reduction forecasts for its AR3000 tidal energy system are achievable. The independent report,

about 2 years ago
The UK government has confirmed £21.7 billion in funding to establish two major carbon capture and storage (CCUS) clusters over the next 25 years, alongside hydrogen production facilities, in Teesside
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UK sets aside almost £22B for carbon capture and storage, hydrogen projects

The UK government has confirmed £21.7 billion in funding to establish two major carbon capture and storage (CCUS) clusters over the next 25 years, alongside hydrogen production facilities, in Teesside and Merseyside. According to the UK government, this move will propel the UK towards becoming a gl

about 2 years ago
Mersey Tidal barrage
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Formal planning process for UK tidal scheme starts, with public consultations following

Liverpool City Region Mayor has unveiled that the first public consultation for the Mersey Tidal Power project started just days after the formal planning process was initiated. This six-week consultation allows the public and local organizations to review and comment on the project’s early proposal

about 2 years ago