McDermott has won a pre front-end engineering design (FEED) contract from Tata Steel B.V. for the Enhancing Value by Emissions Reuse and Emission Storage (EVEREST) Project. Specifically, Tata Steel has launched the preparatory plans for a project to capture CO2 from its blast furnaces in IJmuiden, t
The European Commission has presented the EU Strategy on Offshore Renewable Energy which sets a goal of reaching 40 GW of installed capacity for ocean energy, and other emerging technologies like floating wind and solar, by 2050.
The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has manufactured a wind turbine blade made of thermoplastic resin that can be recycled, and has now demonstrated its feasibility and structural integrity in partnership with Arkema Inc of Pennsylvania. This has been done wit
Danish company Crestwing has completed the second offshore testing campaign on its Tordenskiold wave energy device prototype.
UK Prime Minister Boris Johnson has released a £12 billion plan for a ‘green industrial revolution’ that is expected to support up to 250,000 jobs.
The Edinburgh-based start-up Mocean Energy has secured a major investment to advance the design of its Blue Star wave energy device, and drive its adoption in subsea oil and gas sector.
Tenaris line pipe technology team is working on the latest generation of products for HyLINE, a four-year project that looks to build safe pipeline infrastructure for hydrogen transportation. SINTEF and the Norwegian University of Science and Technology (NTNU) launched the HyLINE project in 2019. To
Japanese engineering major Mitsubishi Heavy Industries (MHI) is set to issue a $239 million (JPY 25 billion) green bond on November 24 as it aims to raise funds to support the decarbonization challenge. MHI revealed its green bond issuance plans at the end of October saying the funds raised would ta
Australia’s power and gas retailer Origin Energy has launched a $3.2 million feasibility study on green hydrogen and ammonia in Tasmania.
Ocean Power Technologies (OPT) has secured a contract for DeepStar project to study the deployment and operational requirements of using its PB3 PowerBuoy to provide remotely controllable zero-carbon power for deepwater subsea oil production.
Swedish wave energy company CorPower Oceanhas been awarded a ten-year marine license by Portuguese authorities for wave energy projects in the Atlantic Ocean.
ExxonMobil Upstream Research Company granted approval for KOGAS’ design of a fully protected onshore membrane for LNG storage tanks.
Danish Ea Energy Analyses and German Energynautics will perform a study on the effective integration of large-scale offshore wind in the future energy system for the North Sea Wind Power Hub (NSWPH) consortium. The first findings are expected to be released in July 2021, with the study aiming to sup
The towing of Wello’s Penguin wave energy converter from the United Kingdom to Spain has come to a stop, and is now rescheduled for early spring in 2021.
