Westwood forecasts that Norway will continue to lead the way with low emissions intensity and electrification projects.
Sustainable Marine has formed a strategic partnership with Portugal’s blueOASIS to develop a range of ‘SIDS-appropriate’ marine renewable energy solutions that can help unlock the vast ocean energy potential of Small Island Developing States (SIDS).
Wave Energy Scotland (WES) has embarked on a market probing exercise into the techno-economic benefits of shared services and infrastructure for wind and wave energy generation technologies and projects.
Europe’s largest renewable energy generator Statkraft has issued a notice to proceed with the installation of additional floating solar units for the project in Albania, which also involves technology supplier Ocean Sun.
Norway’s government has devised a plan to ramp up output at several fields to maintain high gas exports to Europe and meet the growing demand.
Helix Energy Solutions has completed the acquisition of Alliance, enabling it to expand its decommissioning presence in the Gulf of Mexico.
More efficient power sector in the Middle East and Africa could unlock higher volumes of natural gas for export, says the IEA.
Marine Energy Wales, the industry association for Welsh marine energy, has secured a new three-year grant from the Welsh government to support its work until 2025.
Despite the domestic supply shortage, oil exports from the U.S. Gulf Coast are positioned to reach the highest level in Q2 of 2022.
Scottish company Orbital Marine Power has completed the operational finance of the world’s most powerful tidal turbine, securing £8 million (€9.2 million) via the Scottish National Investment Bank and individual investors.
The merger between Aker BP and Lundin’s E&P business has been completed, creating the largest listed E&P firm focused exclusively on the NCS.
UK-based company Global OTEC has signed what’s said to be the world’s first deal to develop a power purchase agreement (PPA) for a 1.5MW floating ocean thermal energy conversion (OTEC) platform offshore São Tomé island.
Despite the projections stating the global energy investments are to reach $2.4 trillion this year, much more is still needed to successfully tackle the issues of energy security and climate crises globally
Bharat Heavy Electricals Limited (BHEL) has awarded an asset operations contract to Norway-based cleantech company Skyfri for its floating solar project in Kerala, India.
