Nordic energy company Gasum is strengthening its presence in the ARA region by registering for business in the Netherlands through its Swedish entity Gasum AB. Gasum AB has been entered into the Dutch trade register in February this year. The company said that being registered as a legal entity in t
An ambitious collaborative project to power subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, has taken to the seas in the north of Scotland.
With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?
University of Victoria’s Pacific Regional Institute for Marine Energy Discovery (PRIMED) has secured C$1 million ($730,000) grant to progress a renewable energy microgrid project incorporating a wave energy device on Nootka Island in British Columbia.
Oil and gas company Neptune Energy has committed to the Extractive Industries Transparency Initiative (EITI) which aims to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources. Neptune Energy said that becoming a formal supporting company builds on
TotalEnergies and Holcim Belgium have taken the first step towards decarbonization of Obourg cement plant in Belgium with the development of a floating solar farm that will supply clean power for the facility.
Swedish company CorPower Ocean has completed load-out and towing trials for its C4 wave energy device, ahead of upcoming deployment offshore Portugal.
The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.
DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.
Weakening competitiveness in ocean energy is a warning sign for Europe’s global cleantech ambitions as its industrial leadership in ocean energy becomes increasingly at risk, warns Ocean Energy Europe (OEE) in its latest statistics report for 2022.
Offshore energy clients have been spoiled over the last 7-8 years with all types of vessels being always available at a low price, however, this could quickly change, Solstad Offshore’s CEO Lars Peder Solstad stated as the company had reported its highest-ever quarterly order intake for the fourth q
A consortium of Dutch companies has launched a government-backed project to explore the synergies between offshore wind, offshore solar and hydrogen production at sea for improved sustainability of North Sea renewable energy projects.
Countries need to move from years to weeks to develop and build their low-carbon energy infrastructure to meet the net-zero challenge.
Norwegian tanker owner and operator Frontline revealed its highest quarterly net income since the second quarter of 2008 standing at $240 million for the fourth quarter of 2022. “The fourth quarter of 2022 may have given us a preview of the years to come in the tanker market as Frontline posts its b
