Australian energy company Woodside has promoted its acting chief executive officer (CEO) to a permanent role, effective immediately.
BCG Digital Ventures (BCGDV), a California-based digital business-building and corporate innovation arm of Boston Consulting Group (BCG), and Malaysia’s shipping company MISC Group have unveiled a co-investment in three ventures to disrupt the maritime solutions space with deep tech.
Ocean Power Technologies (OPT), supported by the U.S. Department of Energy (DOE) grant, is set to perform a preliminary conceptual design study to further develop its novel wave energy converter aimed at powering autonomous ocean monitoring systems.
Sustainable Marine has completed ‘rigorous tests’ on its latest generation tidal turbine drivetrain at the world-renowned Center for Wind Power Drives at RWTH Aachen University, proving the technology is robust enough to take on the Bay of Fundy tides.
UK port operator Global Energy Group (GEG) has entered into an agreement with Swiss-based integrated energy company Proman to develop a renewable power to methanol plant utilising local sources of captured carbon dioxide (CO2) to be located at the Nigg Oil Terminal in the Highlands of Scotland.
Germany’s Port of Kiel is increasing its own production of climate-friendly solar energy as it equipped its cruise terminal Ostseekai with photovoltaic modules.
Ocean Renewable Power Company (ORPC) has secured a $20 million investment commitment, with an additional $5 million second closing this fall, from a consortium led by Canadian Shield Capital in alliance with Hatch.
A supply shortfall in Australia’s east coast gas market is increasingly likely, especially in the southern states, the Australian Competition & Consumer Commission’s (ACCC) latest gas report reveals.
Norway’s cleantech company TECO 2030 has signed a letter of intent with compatriot energy company Greenstat to cooperate on relevant projects with the aim of developing a complete hydrogen value chain.
Odfjell Gas Shipowning AS, part of Norwegian shipping and tank terminal company Odfjell SE, has entered into a transaction agreement with Singapore-based ship owner and operator BW Epic Kosan Ltd. (BWEK) for the sale of two LPG/ethylene carriers.
The Naval Facilities Engineering and Expeditionary Warfare Center has provided $6 million to the University of Hawaii at Mānoa (UH) to provide critical research and logistical support to the Navy’s Wave Energy Test Site (WETS), located offshore Marine Corps Base Hawaii.
HEGRA, a company that aims to electrify and decarbonize the ammonia plant at Herøya and enable large-scale green ammonia production, was launched in Norway on 16 August 2021.
The offshore energy sector has this week witnessed the unwavering nature of energy transition which is bound to continue – hopefully at an accelerated pace – as the nature itself steps up its cries for protection by employing the ‘shock and awe’ tactics which set many areas of the world ablaze due t
Dutch tidal energy company Tocardo has delivered its T1 tidal turbines to QED Naval as part of the TIGER project to validate the performance of the Subhub community demonstrator platform.
