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Illustration; Source: International Energy Agency (IEA)
Business Developments & Projects

EIA calls for new approach: Throwing carbon prices into the mix to unveil fossil fuel subsidies

The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.

about 3 years ago
Copenhagen Infrastructure Partners details involvement in European interconnector projects
Business Developments & Projects

Copenhagen Infrastructure Partners details involvement in European interconnector projects

After having been declared eligible for Ofgem’s third cap and floor window, Copenhagen Infrastructure Partners (CIP) revealed more information about its involvement in three interconnector projects in the North Sea. CIP announced on 28 February that it had acquired close to full ownership in a 4.2 G

about 3 years ago
Illustration; Source: DNV
Business Developments & Projects

Security of supply to surpass clean and affordable parts of energy trilemma in 2023, says DNV

DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.

about 3 years ago
HUI and RML eye waste plastic to hydrogen plant development opportunities
Business Developments & Projects

HUI and RML eye waste plastic to hydrogen plant development opportunities

Hydrogen Utopia International (HUI), a company specialising in turning non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials, or distributed renewable heat, has entered into an agreement with Rocquaine Management Limited (RML) to explore opportunities for the de

about 3 years ago
Westport picks Chinese city for new hydrogen innovation and manufacturing facility
Business Developments & Projects

Westport picks Chinese city for new hydrogen innovation and manufacturing facility

Westport Fuel Systems, a Canada-based supplier of low-emissions alternative fuel transportation technologies, has revealed its plan to expand its global manufacturing footprint in China with a new hydrogen innovation centre and manufacturing facility in the Changzhou Hydrogen Valley. Specifically, t

about 3 years ago
Inspirer rig; Source: Repsol Norge
Business Developments & Projects

Repsol tasked with addressing nonconformities on jack-up rig

Norwegian regulator is awaiting a response from Repsol regarding the way the identified nonconformities on a jack-up rig will be handled.

about 3 years ago
Floventis N-Sea
Business Developments & Projects

Surveys completed for Celtic Sea floating offshore wind projects

N-Sea Group has finished a series of benthic and geophysical surveys for Llŷr 1 and Llŷr 2 floating offshore wind projects in the Celtic Sea. N-Sea conducted the offshore surveys using its N-Sea Spirit vessel, establishing a baseline ground model which will be developed as the project matures, Flove

about 3 years ago
West Linus rig; Source: Seadrill
Business Developments & Projects

After worker suffers ‘crushing injuries’ during work on jack-up rig, probe reveals nonconformities

Norwegian offshore safety regulator has completed an investigation into an incident involving a personal injury during work on a drag chain on a jack-up rig.

about 3 years ago
Illustration/Sabella’s D10 tidal turbine (Courtesy of Sabella)
Business Developments & Projects

OEE: Europe’s industrial leadership in ocean energy increasingly at risk

Weakening competitiveness in ocean energy is a warning sign for Europe’s global cleantech ambitions as its industrial leadership in ocean energy becomes increasingly at risk, warns Ocean Energy Europe (OEE) in its latest statistics report for 2022.

about 3 years ago
Wilson Sons picks ABB’s equipment for Rio Grande container terminal
Business Developments & Projects

Wilson Sons picks ABB’s equipment for Rio Grande container terminal

Brazilian shipping company Wilson Sons has selected ABB’s Optical Character Recognition (OCR) system for ship-to-shore (STS) gantry cranes at Rio Grande container terminal.

about 3 years ago
Lir NOTF facility (Courtesy of ProtoAtlantic project)
Business Developments & Projects

ProtoAtlantic picks three offshore renewable energy startups for test support

The ProtoAtlantic project has selected three companies to test their technologies at Lir-National Ocean Test Facility (Lir NOTF) as part of the program designed to support offshore renewable energy startups across the Atlantic Area.

about 3 years ago
PXGEO's new CEO coming from Schlumberger
Business Developments & Projects

PXGEO’s new CEO coming from Schlumberger

Following the resignation of Duncan Eley, marine geophysical service provider PXGEO has appointed Tony Bowman from Schlumberger as its new CEO. Bowman comes from Schlumberger where he held a number of senior roles across multiple geographical locations, including President of WesternGeco, which oper

about 3 years ago
U.S. Bureau of Safety and Environmental Enforcement (BSEE)
Business Developments & Projects

After incidents, U.S. regulator advises extreme caution during swing rope transfers

Following reviews of injuries sustained during swing rope transfers at offshore installations on the Outer Continental Shelf (OCS), the U.S. Bureau of Safety and Environmental Enforcement (BSEE) has made several recommendations for oil and gas operators and contractors, in a bid to avoid such incide

about 3 years ago
New phase of Suez Canal’s digital transformation project launched
Business Developments & Projects

New phase of Suez Canal’s digital transformation project launched

The European Bank for Reconstruction and Development (EBRD) has launched the second phase of its technical support program to digitalise the Suez Canal Economic Zone (SCZone).

about 3 years ago
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