CGEN Engineering, a new spinout company from the University of Edinburgh, has launched a modular generator system, designed to cut offshore renewables’ levelized energy cost (LCOE) by 10% to 15%. According to the University of Edinburgh, the lightweight, stackable system, suited for wave, tidal, an
U.S. energy giant ExxonMobil has secured access to over 271,000 acres of offshore CO2 storage in Texas state waters, said to be the largest of its kind in the U.S., through a lease with the Texas General Land Office (GLO). This is said to add significant storage potential to ExxonMobil’s carbon capt
Japanese companies Sumitomo Corporation and Kawasaki Kisen Kaisha (K Line) have signed a joint study agreement with the U.S.-based oil and natural gas producer Hilcorp to explore carbon capture and storage (CCS) opportunities in Alaska. Under the agreement, the three companies will conduct a feasibi
NAM, a 50/50 joint venture (JV) between the UK-based Shell and the U.S.-headquartered ExxonMobil, is expecting to close its exploration and gas production chapter in the North Sea after more than 60 years next year. However, the inability to settle the dispute regarding the end of gas extraction act
Shelf Drilling has secured more assignments for two rigs in its jack-up fleet, which will carry out drilling activities off the coast of Nigeria.
The United States Maritime Administration’s (MARAD) Office of Environment and Innovation has selected ABS to establish and maintain the U.S. Center for Maritime Innovation under a five-year cooperative agreement.
The world’s largest shipping association BIMCO has unveiled that its Documentary Committee has approved the AUTOSHIPMAN agreement, a contractual framework designed to support the rising number of remotely controlled vessels as the maritime industry inches closer to its climate neutrality goals. As d
Angola is determined to continue its hydrocarbon exploration and bring new oil and gas projects online while curbing its greenhouse gas (GHG) emissions footprint and enriching its energy arsenal with renewable energy sources to pave the way for a just energy transition.
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
UK-based tidal energy company Proteus Marine Renewables (PMR) has joined the American Tidal Energy Project to help unlock Alaska’s tidal power potential, with the project receiving $3 million in U.S. Department of Energy (U.S. DOE) funding to evaluate Ocean Renewable Energy’s (ORPC’s) Cook Inlet sit
UK’s Statera Energy has submitted plans for a utility-scale green hydrogen project to be built in Aberdeenshire, Scotland.
Seaway7 has finished the full engineering, procurement, installation, and commissioning (EPIC) work for the cables at the 882 MW Moray West offshore wind farm in Scotland. Seaway7 has installed 118 kilometers of 66 kV inter-array cables, linking the wind farm’s 60 turbines to two offshore substation
The Rijeka Gateway terminal in Croatia, a joint venture between Danish shipping giant A.P. Moller-Maersk’s APM Terminals and Croatian investor Energia Naturalis (ENNA Group), has secured electricity from renewable energy sources to power the operations of its container terminal. The estimate is that
A consortium of ExxonMobil and Helleniq Energy has commenced the second phase of seismic research at a gas exploration block offshore the Greek island Crete, set to bring the partners toward the final decision for exploration drilling. State company Hellenic Hydrocarbons and Energy Resources Managem
