President Biden ordered the release of oil from the nation’s Strategic Petroleum Reserve in an effort to address rising gas prices.
Equinor and its partners have submitted a PDO for the Oseberg field and revealed plans for investing over $1.1. million in this development.
Danish company Floating Power Plant (FPP) has signed an agreement with the Oceanic Platform of the Canary Islands (PLOCAN) to test its 5MW hybrid floating wind and wave energy platform off the coast of Gran Canaria.
Sustainable Marine has unveiled plans to start operating its floating tidal energy platform early in 2022 to demonstrate that Nova Scotia can produce vast amounts of clean and predictable energy from its world-famous tidal streams.
The UK’s tidal energy industry has welcomed the government announcement of ring-fenced funding for tidal stream energy, deeming the move as ‘absolutely pivotal’ for reinstating the industry on its journey to large-scale power generation in the UK.
Sval Energi has joined forces with Storegga Geotechnologies to investigate carbon storage potential on the Norwegian Continental Shelf (NCS).
The UK government will invest £20 million per year in tidal stream electricity as part of its flagship renewable energy auction scheme, kickstarting a brand-new chapter for the marine energy industry.
Scientists from Malta have developed and verified a simulation tool that can help developers assess the effect of waves on the offshore floating solar system and optimise its energy yield.
Langh Ship has ordered three multi-fuel MPP vessels which will serve Outokumpu on the short sea lane between Finland and continental Europe.
The Oceanic Platform of the Canary Islands (PLOCAN) has been confirmed as the new coordinator of the EU-backed MUSICA project that aims to develop a multi-use platform combining renewable energies, aquaculture, water desalination, energy storage and green support services.
The Global Maritime Forum (GMF) and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a partnership agreement as a formal recognition of their joint work and commitment to a long-term collaboration to decarbonize the global maritime industry.
Norwegian Kongsberg Maritime (KM) and Finnish Norsepower have signed a Memorandum of Understanding (MoU) to facilitate the integration of auxiliary wind propulsion to new and existing vessels in diverse maritime markets.
Mocean Energy’s managing director Cameron McNatt has joined the industry panel of the Net Zero Technology Centre, tasked with informing the centre’s board on the trends and opportunities a low-carbon future will bring.
The Danish Minister of Climate, Energy and Utilities, Dan Jørgensen, and the Belgian Minister of Energy, Tinne van der Straeten, have signed a formal political Memorandum of Agreement to establish an offshore grid connection between Denmark and Germany including the Danish energy island in the North
