The announcement that the UK is to join the EU’s flagship Horizon Europe program has been deemed as excellent news for Europe’s ocean energy sector as it could help enable the deployment of more ocean energy projects in the water, keeping Europe’s competitive edge in this emerging industry.
Kadri Simson, European Commissioner for Energy, will be present at this year’s Ocean Energy Europe Conference & Exhibition (OEE2023) to deliver a keynote address about what EU has in store for the future of ocean energy.
Chinese shipbuilder CSSC Qingdao Beihai Shipbuilding in collaboration with China State Shipbuilding Trading has signed a contract for the construction of two 325,000 dwt ore carriers with Singapore-based Winning International Group. The contract marks the inaugural cooperation between Winning Intern
Classification society Bureau Veritas (BV) has issued an approval in principle (AiP) to Lattice Technology for the design and development of a 75,000 cbm floating liquified hydrogen (LH2) import terminal. This import terminal is expected to receive the liquefied hydrogen from an LH2 carrier and stor
AQUIND Ltd, the company behind the planned namesake 2 GW electricity interconnector between the UK and France, has established a collaboration with the Portsmouth City Council for the delivery of the project. AQUIND and Portsmouth City Council entered into a works co-operation agreement on 5 Septemb
U.K.’s North Sea Transition Authority (NSTA) is expected to soon assume the role of offshore hydrogen transport and storage regulator following the conclusion of a consultation on the proposal. According to NSTA, the move is intended to support the industry by enabling pioneering projects to obtain
Wave Energy Scotland (WES) has started a series of tank tests of floating wind and wave energy structures at the University of Edinburgh’s FloWave facility to explore the potential benefits the synergy between the two technologies could bring.
Japanese shipping company NYK Line, Malaysian shipping line MISC, and MiQ, a methane measurement certification company, have joined the Methane Abatement in Maritime Innovation Initiative (MAMII). With the new members, the collective of shipping leaders aiming to address the environmental implicatio
The pioneering design for a floating carbon storage and injection unit (FCSIU), developed by Malaysian offshore energy major Bumi Armada, has won approval in principle (AiP) from the ABS classification society. Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liqui
UAE’s integrated gas processing company ADNOC Gas has signed an agreement, valued between $450 million (AED 1.65 billion) and $550 million (AED 2 billion), to supply liquefied natural gas (LNG) to PetroChina International (PCI), a subsidiary of oil and gas company PetroChina. ADNOC Gas said that LNG
Japanese industry giants Sumitomo, Toho Gas, Kawasaki Kisen Kaisha (K Line) and Australian Woodside Energy (Woodside) have signed a non-binding memorandum of understanding (MOU) to jointly conduct a feasibility study to establish a carbon capture and storage value chain between Australia and Japan.
Japan’s ClassNK and Fukui Seisakusho have signed a memorandum of understanding (MoU) concerning a joint study on a safety relief valve for a cargo tank of liquefied hydrogen (LH2) carriers. ClassNK said that, in order to ensure safety in the transport of liquefied hydrogen, the development of safety
Danish containership major Maersk and American e-commerce giant Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 m
Petrobras has unveiled plans to put 11 additional FPSO units into operation in the pre-salt layer offshore Brazil by 2027, which are anticipated to boost production, enabling it to reach 2.4 million boe.
