The European Union has reached a provisional deal to raise the share of renewables in its final energy consumption to 42.5% by 2030, under the revision of the Renewable Energy Directive (RED).
The Norwegian Ministry of Petroleum and Energy has awarded two new exploration licenses for CO2 storage on the Norwegian continental shelf in the North Sea to four companies. The two exploration licenses are located in the southern part of the North Sea. The eastern license is offered to Aker BP and
A new report co-authored by the IIRENA and OEE has provided a roadmap to decision makers on the various financing mechanisms for ocean energy and how they can be scaled up to secure investments for the sector.
The UK Government has selected eight successful bidders in the second phase of the carbon capture, utilization and storage (CCUS) cluster sequencing process to proceed to negotiations for support through relevant business models. Following the selection of HyNet and East Coast Cluster as Track-1 CCU
German engine manufacturing powerhouse MAN Energy Solutions revealed on Wednesday that its MAN 49/60DF engine has received its Type Approval after a five-day program on the testbed at the company’s HQ in Augsburg, Germany. The Type Approval Test (TAT) was witnessed by inspectors representing the ABS
Norwegian oilfield services provider Aker Solutions has joined the First Movers Coalition (FMC), thereby committing to buying at least 10 per cent of its steel from low-emissions sources by 2030. By joining the decarbonizing coalition, Aker Solutions has committed to a frame agreement for steel purc
Bluenergy Solutions has launched a new project offshore Singapore, featuring a ‘Plug and Play’ solution that entails tidal energy generation, storage and distribution.
The developers of the Yuquot Microgrid Project have issued a Request for Information (RFI) to determine wave energy converter technologies that are capable of integrating with a microgrid system at Nootka Island in British Columbia.
Greece-based Asso.subsea has signed a Memorandum of Understanding (MoU) with Eunice Energy Group for cooperation on the 2 GW electrical interconnection between Greece and Egypt. The project is being developed by the transnational GAP Consortium, founded by Eunice Energy Group, and is aiming to contr
NKT has completed the power cable systems connecting six offshore oil and gas platforms located at Utsira High to the onshore power supply. This is said to play a central role in reducing carbon emissions from the Norwegian continental shelf (NCS) with 1.2 million tonnes annually. NKT has provided t
The US Department of Energy (DOE) has opened applications for the fifth annual Marine Energy Collegiate Competition (MECC), which aims to prepare the future workforce for the marine energy industry.
The largest European center for sea trials entirely dedicated to floating wind power and marine renewable energies called the OPEN-C Foundation has been set up in France by major industry players.
As informed, the new consortium is dedicated to developing innovative, zero-emission solutions for the future of passenger ships. The project, named Sea Zero, has been awarded €7 million in public funding and has a total budget of €13 million going into this research and development phase.
The US Department of Energy’s Water Power Technologies Office (WPTO) has launched a new competition for developers investigating novel technologies for harnessing and converting the power of ocean waves into usable types of energy.
