The U.S. Energy Information Administration (EIA) has slightly revised its forecasts, reducing OPEC production for the rest of 2023.
The American Petroleum Institute calls on the Biden administration to address the broken permitting process halting U.S. energy development.
Elegant Exit Company (EEC), a sustainable ship recycling startup, is on a mission to change the ship recycling industry by converting old ships into green steel. The Drachten-based company was launched in 2020 with plans to own a fleet of end-of-life ships that will be operated until their planned r
The Port of Le Havre has announced the deployment of the ShoreTension mooring reinforcement system on all its terminals after several months of successful testing. The ShoreTension system, developed by KRVE, uses advanced software and sensors to monitor the mooring tension and adjust it in real-time
The Netherlands Enterprise Agency (RVO) and Germany-based EnBW have issued contract notices seeking services for the development of offshore wind farms in the Doordewind wind farm zone and in the German Exclusive Economic Zone (EEZ), respectively. RVO aims to publish a tender around the end of May o
Norway’s DOF Group has secured a new long-term contract for one of its anchor handling tug and supply (AHTS) vessels with Equinor.
The Danish Ministry of Climate, Energy and Supply has approved Energinet’s application for the replacement of a submarine cable that passes across Øresund connecting Denmark and Sweden. With the approval in place, Energinet can now begin the project to replace System 2 on the 400 kV cable connection
Monaco-based company Scorpio Tankers has exercised purchase options on six more product tankers.
Veson Nautical, a London-based provider of maritime freight management solutions, has revealed plans to acquire vessel valuation provider VesselsValue. VesselsValue was founded in 2011 and is considered the market standard for daily updated, automated, vessel-specific valuations. VesselsValue is a d
Germany-based company Sunfire has installed the world’s largest SOEC electrolyser as part of the MultiPLHY project in Rotterdam, the Netherlands. According to Sunfire, it is the first multi-megawatt high-temperature electrolyser installed for the production of green hydrogen in an industrial environ
Shell Marine and Hamburg Port Authority (HPA) have signed an MSP Memorandum of Strategic Partnership (MSP) to explore decarbonizing ports through areas such as vessel electrification and the development of charging networks.
Scottish company Nova Innovation has expanded its tidal energy product portfolio with the addition of floating solar technology, announcing also plans for the installation of Scotland’s first array of floating solar panels later in 2023.
The Danish Energy Agency has received two final offers related to Denmark’s first tender for the carbon capture, utilization and storage (CCUS) subsidy pool, with a contract expected in May. The Danish Energy Agency announced in August 2022 that three applicants – I/S Vestforbrænding, Ørsted Bioener
The Sustainable Hydrogen Powered Shipping Project (sHYpS), which is centred around the idea of developing a liquid hydrogen (LH2) swappable storage solution for multiple types of vessels, is gaining ground. Launched in the summer of 2022, the sHYpS project gathers 13 partners in six countries with a
