Verlume, a UK-based intelligent energy management and storage technologies specialist, has received a €3 million investment from a consortium led by Par Equity.
UK tidal energy project developer SBS has received approval to start the feasibility study for the Larantuka Strait tidal energy project in Indonesia.
Eco Wave Power has completed the cabling works required to connect the wave energy project, being developed in collaboration with EDF, to Israeli power grid.
The joint industry project launched in June 2021 to test biofuel blend (B30) derived from renewable feedstock to power a d’Amico Group LR1 product tanker, showed positive findings in terms of the reduction of CO2 emissions, reduced carbon intensity, and stable NOx emissions.
UK-based tidal energy developer SBS has signed a two-year memorandum of understanding (Mou) with state-owned enterprise Indonesia Power for the development of tidal energy projects in Larantuka and Boleng straits.
German-based company BELECTRIC has secured a contract to build a 16.8MWp floating solar power plant for S’energy and the large-scale water utility in Israel.
ExxonMobil is reorganising its business structure to improve effectiveness and reduce costs and moving its headquarters.
Under the auspices of the Marine Energy Alliance (MEA) project, a French start-up HelioRec worked together with Irish techno-financial analysis provider Exceedence on the assessment of levelized cost of energy (LCOE) and key cost drivers for the company’s floating solar technology.
Sustainable Marine has returned to work at the Grand Passage in the Bay of Fundy to connect its next-gen floating tidal energy platform PLAT-I to Nova Scotia’s power grid.
Israeli shipping company ZIM and Swiss container shipping giant Mediterranean Shipping Company (MSC) have decided to cease their cooperation on the North Europe – East Med trade.
Port operator COSCO Shipping Ports Limited and Belgium’s Port of Zeebrugge have agreed to extend the concession of CSP Zeebrugge Terminal by 15 years to 2055.
Los Angeles and Shanghai have announced a partnership of cities, ports, shipping companies and a network of cargo owners to create a first-of-its-kind green shipping corridor on one of the world’s busiest container shipping routes.
Aker BP has joined forces with Accenture to develop and deploy a cloud-based solution to improve oil and gas operations.
In the face of decarbonisation challenges, presenting a united front seems to be a way around for offshore energy players. During the last week of January, we have witnessed a number of cross-sector collaborations established with a single aim to eliminate carbon emissions and reach the net-zero des
