Welsh social enterprise Menter Môn has launched a new forum to promote the skills and training opportunities from the Morlais tidal stream project.
The energy transition represents $14 trillion worth of uncertainty for upstream oil and gas, according to a new report by energy intelligence group Wood Mackenzie.
Maersk Drilling has added hundreds of millions to its contract backlog, its largest quarterly backlog addition since 2017.
Orbital Marine Power has signed an agreement with Perpetuus Tidal Energy Centre (PTEC) to deploy its tidal turbines offshore the Isle of Wight.
French company EEL Energy has ramped up testing activities on its tidal energy technology whose design was inspired by bio-mimicry ahead of trials at SEENEOH test centre in Bordeaux planned for this year.
Market research provider and consultancy Westwood Global Energy Group has estimated that 30 floating, production, supply, and offloading (FPSO) vessels will become available by the end of 2022.
Shipping is one of the few transport modes that does not achieve zero emissions in the Net‐Zero Emissions by 2050 Scenario, released by the International Energy Agency (IEA). The agency ascribed this to a lack of available low‐carbon options on the market and the long lifetime of vessels (typically
X-Press Feeders, the world’s largest independent common carrier, has made an investment in Core-Power, a UK-based development company specializing in scalable atomic power technology for ocean transport and heavy industry.
The International Energy Agency’s (IEA) has announced the world’s first comprehensive study on how to transition to a net-zero energy system by 2050.
Almost 90 per cent of global electricity generation in 2050 could come from renewable energy sources, with solar PV and wind together accounting for nearly 70 per cent, according to International Energy Agency’s new Net Zero 2050 roadmap. The roadmap, published on 18 May, calls for scaling up solar
Japanese shipping company Mitsui O.S.K. Lines has decided to re-enter the ammonia transport business after almost five years of being absent from the trade. MOL’s re-entry into the business is being announced on the back of a time-charter contract with Trammo, a US-based merchandising and ammonia tr
Tokyo-based ship finance giant Anchor Ship Partners (ASP) has appointed classification society ClassNK for the evaluation of CO2 emissions of ships under its $5.5 billion worth green investment fund.
The toll of the Covid-19 on upstream investments in the first two years of the downturn is estimated at $285bn, Rystad Energy reports.
Shelf Drilling is seeing encouraging signs of an improving jack-up market with an increase in the global number of contracted jack-ups.
