Equinor and OKEA have entered into an agreement, which will enable the latter to acquire 28 per cent interest in the Statfjord area.
300 terawatt hours (TWh) of green hydrogen could potentially be produced using electricity from offshore wind farms in the North Sea by 2050, and used not only to decarbonize hard-to-abate sectors but also to boost the security of energy supply in Europe, a new study has shown. The “Specification of
The American natural gas production is expected to grow while the accelerated shift to low-carbon and green sources will reduce U.S. energy-related CO2 emissions through 2050.
Following an incident during routine maintenance, which damaged a floating storage and offloading (FSO) unit operated by a Thai subsidiary of Chevron, Thailand has ordered its navy to join the efforts being undertaken to prevent an oil spill from the vessel.
Since the introduction of G7 oil price cap for Russia’s crude oil and refined products there have been speculations on Russia’s so-called shadow fleet being used to evade sanctions. Russia has repeatedly stated that it will not work with the price cap, but the vast majority of seaborne Russian oil s
JDR Cable Systems has begun the subsea cable termination and testing works on behalf of its client Parkwind for the Arcadis Ost 1 offshore wind farm in Germany. In 2021, JDR won a contract to supply, test, and terminate 45 kilometres of 33 kV array cable that will connect the wind farm’s 27 MHI Vest
Irish transmission system operator (TSO) EirGrid has launched a tender comprising five lots that seeks offshore marine support services for interconnector projects. EirGrid is looking for a strategic partner to provide a range of specialized offshore services, resources and consultancy advice, studi
Governments must use the upcoming meeting of the Intersessional Working Group on Greenhouse Gases (ISWG-GHG-14) to support stronger science-based climate targets for 2030 and 2040 that are vital for shipping’s energy transition, according to Clean Shipping Coalition (CSC).
US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss in the third quarter of fiscal 2023, as compared to the same period a year earlier, with revenues marking a growth.
As part of the Green Deal Industrial Plan, the European Commission (EC) has proposed new initiatives and a set of actions to scale up the manufacturing of clean technologies in the European Union (EU), including renewable hydrogen, carbon capture, and alternative fuel technologies, among others. On
Following the announcement of the budget for the UK’s fifth Contracts for Difference (CfDs) allocation round (AR5), and the plan on how different renewable energy projects will compete, the renewable energy industry in the UK has warned the budget and the parameters were “too low and too tight” and
China’s Wuhu Shipyard has launched construction on SAL Heavy Lift’s first two carbon-neutral heavy lift ships, the shipbuilder revealed. The two 14,600 dwt vessels form part of a fleet of a total of six Orca-class vessels which will be equipped with dual-fuel engines able to run on methanol. SAL Hea
Eni has made a new oil discovery in an exploration well located in Block 7 in the Sureste Basin off Mexico, using Valaris’ semi-submersible rig.
Duke Energy Florida has announced that its first floating solar array pilot will begin construction later this month in Polk County.
