As the energy transition is accelerating across the offshore energy industry, a question arises: what will happen to its workforce?
Oil major Shell has confirmed it will appeal a ruling issued by a Dutch court ordering the energy company to accelerate its carbon emission reduction target.
U.S.-based marine energy company Ocean Power Technologies (OPT) has increased its net loss for the fourth quarter and fiscal year 2021, compared to the same period a year earlier.
The U.S. energy sector lost 10 per cent of its workforce last year due to the Covid-19 pandemic and one of the critical ways to revitalise the industry is President Biden’s clean energy plan.
Danish wave energy company Wavepiston has made new hires and appointments to its board of directors, along with securing patent approvals for its wave energy technology.
French gas and technology company Air Liquide has announced that it will become the main partner of the Energy Observer, “the world’s first hydrogen vessel”, for the next four years.
Italian cabling giant Prysmian has set up a target to achieve net-zero for its global operations between 2035 and 2040, as well as for its value chain emissions by 2050. Prysmian announced the commitments as part of its new Climate Ambition and Social Ambition frameworks. In terms of Climate Ambitio
The Italian shipping company Grimaldi Group and its Spanish counterpart Armas Trasmediterránea Group have reached a definitive agreement for the sale of ships and port terminals.
The UK-based dry bulk shipping company Taylor Maritime Investments is looking to acquire up to six Handysize vessels as it plans to raise $75 million via a proposed non pre-emptive placing of new ordinary shares.
U.S.-based wave energy company Oscilla Power has launched a crowdfunding campaign to support its planned wave energy project in India.
German renewable energy company BayWa r.e. and its Dutch subsidiary GroenLeven have recently commissioned two floating solar parks in the Netherlands with a combined capacity of more than 70MW.
The Italian multinational oilfield services company Saipem has launched SUISO, a technological solution that combines floating wind, floating solar, and marine energy to power the production of green hydrogen on existing offshore platforms.
Carbon recycled methane produced by methanation technology can be recognized as zero-emission ship fuel, the Ship Carbon Recycling Working Group (WG) of Japan’s Carbon Capture & Reuse (CCR) Study Group has confirmed.
A number of energy transition-related updates hit our headlines this week, from new developments in the renewables sector to further initiatives in ship decarbonisation – and oil & gas companies’ new moves in both of those, and more.
