Total has bought a 20 per cent stake in the EolMed floating wind pilot project in France, located in the Mediterranean Sea, off the coast of Gruissan and near Port-La-Nouvelle. The 30 MW EolMed will feature three MHI Vestas 10 MW turbines installed on Ideol’s Damping Pool floating foundation and is
UK Prime Minister Boris Johnson has set out commitments to ensure that offshore wind will produce more than enough electricity to power every home in the country by 2030, based on current electricity usage, boosting the government’s previous 30 GW target to 40 GW. The commitments, part of the Build
The COVID-19 pandemic and the resulting crew change crisis combined with the latest cyber-attack hitting the headlines have made it quite difficult for the International Maritime Organization (IMO) to advance its decarbonization goals this year. The efforts haven’t been completely derailed, on the c
Volvo Trucks has noted a rise in interest in suing liquefied natural gas as fuel in heavy-duty transport in Europe.
SMEs operating in the UK’s £7.8-billion subsea supply chain are cautiously optimistic about the next six to twelve months, according to the findings published today by the industry body Subsea UK. Subsea UK recently surveyed its smaller member companies to find out how they were dealing with the fal
Driven by digital technologies, Equinor has increased its earnings by more than NOK 2 billion since the start of production from its Johan Sverdrup field, located in the North Sea.
Of the three offshore wind farms that Denmark decided to tender as of this year in its Energy Agreement from 2018, the last one planned to be offered for development has recently been added to the 5 GW offshore energy islands plan in a new Energy Agreement in 2020. The two energy islands are expecte
French oil and gas major Total has moved to transform itself into a broad energy company as part of its efforts to become a leader in the renewable energy sector and get to net-zero by 2050.
Offshore drilling contractor Seadrill Limited has appointed Stuart Jackson as its new Chief Executive Officer (CEO).
Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, and Sweden have signed a joint declaration to cooperate on and accelerate the build-out of offshore wind projects in the Baltic Sea. High-level representatives of the eight Baltic Sea countries and the European Commission signed the decl
Aa of 1 October 2020, seafarers in the United Kingdom will be receiving a minimum wage — pay protection equal to every other sector.
Oil major Shell has confirmed plans to cut between 7,000 and 9,000 jobs in a push to save up to $2.5 billion by 2022.
Monaco-based ship owner and operator Scorpio Bulkers is selling one of its non-scrubber-fitted bulkers, representing a first step in the company’s recently unveiled strategy focused on the offshore wind sector.
Singapore’s conglomerate Keppel Corporation has decided to review its offshore & marine business amid the sector’s challenging environment.
