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Offshore Energies UK (OEUK)
Business Developments & Projects

As UK’s offshore oil & gas industry slashes emissions, low-carbon era inches closer

OEUK has revealed in a new report that Britain’s offshore oil and gas industry has curbed its emissions footprint by 24% compared to 2018.

about 2 years ago
JDR joins Science Based Targets initiative
Business Developments & Projects

TFK, JDR to supply Baltic Power onshore and subsea cables

TELE-FONIKA Kable (TFK), alongside JDR Cable Systems (JDR), has been awarded a contract to supply subsea and land cables for the 1.2 GW Baltic Power offshore wind farm in Poland. Together with partners NKT and DEME Offshore, TFK and JDR will design, manufacture, and install 340 kilometers of land an

about 2 years ago
ExxonMobil
Business Developments & Projects

With $64.5 billion merger in the works, ExxonMobil set on reinforcing US energy security and curbing emissions

ExxonMobil is in the process of acquiring Pioneer Natural Resources in an all-stock transaction, which will expand its U.S. footprint.

about 2 years ago
Study: Offshore gas pipelines can be reused for H2 transport before 2030
Business Developments & Projects

Study: Offshore gas pipelines can be reused for H2 transport before 2030

A study by Guidehouse and Enersea has shown that Noordgastransport (NGT) and NOGAT’s offshore infrastructure can be repurposed for hydrogen transportation before 2030 by rerouting certain gas fields, while still providing transportation services for current and future Dutch offshore natural gas. The

about 2 years ago
DNV: Despite falling short of Paris Agreement requirements, hydrogen technology set to bring significant changes to energy transition by 2050
Business Developments & Projects

DNV: Despite falling short of Paris Agreement requirements, hydrogen technology set to bring significant changes to energy transition by 2050

Renewable and low-carbon hydrogen is expected to play an important role in decarbonizing and reducing emissions from hard-to-electrify sectors and reaching the Paris Agreement climate goals. While these targets require hydrogen to account for approximately 15% of the world’s energy demand by 2050, D

about 2 years ago
Illustration; Source: DNV
Business Developments & Projects

Net-zero by 2050 ambition at risk: In with renewables and out with fossil fuels ‘far from fast enough,’ warns DNV

DNV: The pace of the transition from fossil fuels to renewables is not being imbued with enough speed to reach net-zero by 2050 targets.

about 2 years ago
Greek TSO takes over the baton for EuroAsia Interconnector
Business Developments & Projects

Greek TSO takes over the baton for EuroAsia Interconnector

EuroAsia Interconnector Limited, project promoter of the European Project of Common Interest (PCI 3.10), and Greek electricity grid operator Independent Power Transmission Operator (IPTO) have reached an agreement for the designation of IPTO as project promoter of the electricity interconnector that

about 2 years ago
Samskip
Business Developments & Projects

Rotterdam and Oslo to create a green corridor with Samskip’s hydrogen-fueled ships

The City of Rotterdam and the City of Oslo have signed a Memorandum of Understanding (MoU) to establish a green corridor for short-sea shipping that will be served by Samskip’s next-generation zero-emission SeaShuttle vessels. Under the partnerships, the two European port majors will work on acceler

about 2 years ago
Public consultation dates set for second Italy-Greece interconnector
Business Developments & Projects

Public consultation dates set for second Italy-Greece interconnector

Italian transmission system operator (TSO) Terna has scheduled public consultations in seven municipalities that will be affected by the construction of an interconnector that will be built between Italy and Greece. Terna is expected to invest €750 million in the GR.ITA 2 interconnector which will i

about 2 years ago
CRI and Jiangsu Sailboat inaugurate CO2-to-methanol plant
Business Developments & Projects

CRI and Jiangsu Sailboat inaugurate CO2-to-methanol plant

Iceland’s Carbon Recycling International (CRI) and China’s Jiangsu Sailboat Petrochemical have started up a CO2-to-methanol plant, marking a milestone in the global effort to boost the production of sustainable methanol. The opening ceremony took place on September 25, 2023, at the Shenghong Petroch

about 2 years ago
OOCL Gdynia
Business Developments & Projects

OOCL welcomes six of twelve eco-friendly 24,000 TEU giants

Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) held the naming ceremony of a 24,188 TEU newbuilding at Dalian COSCO KHI Ship Engineering Co (DACKS) shipyard. This mega containership is named OOCL Gdynia. Following its naming, OOCL will have received half of the twel

about 2 years ago
Mozambique LNG
Business Developments & Projects

TotalEnergies refutes allegations of manslaughter and negligence during insurgent attacks in Mozambique

TotalEnergies has denied the accusations of negligence and manslaughter concerning the 2021 insurgent attacks in Mozambique.

about 2 years ago
Damen
Business Developments & Projects

Europe’s 1st all-electric tug on the horizon as part of Port of Antwerp-Bruges tug renewal deal with Damen

The Port of Antwerp-Bruges has placed an order for six new tugs with Dutch shipbuilder Damen as part of the company’s ongoing fleet renewal. The series includes five diesel-powered RSD Tugs 2513, equipped with Damen Marine NOx Reduction System, and one electric tug, which has been described as Europ

about 2 years ago
Illustration/Havkraft’s CEO Geir Arne Solheim on a ‘Powerpier’ equipped with wave energy units (Courtesy of Havkraft)
Business Developments & Projects

Havkraft teams up with Equinor to explore wave power for lowering offshore drilling emissions

Norwegian company Havkraft has signed a contract with Equinor to conduct a feasibility study exploring the integration of wave energy as a sustainable energy source for powering mobile offshore drilling units.

about 2 years ago
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