
A new report co-authored by the IIRENA and OEE has provided a roadmap to decision makers on the various financing mechanisms for ocean energy and how they can be scaled up to secure investments for the sector.

Associated British Ports (ABP) and Sizewell C are developing plans to locate a direct air capture (DAC) facility at ABP’s Port of Lowestoft, which would be capable of removing carbon dioxide from the atmosphere.

Swedish company Ocean Harvesting Technologies has teamed up with experts in model-based predictive control to increase the performance of InfinityWEC in the upcoming sea trials.

Brazil’s Petrobras has picked Halliburton’s digital platform to accelerate digital transformation and address subsurface challenges.

Bluenergy Solutions has launched a new project offshore Singapore, featuring a ‘Plug and Play’ solution that entails tidal energy generation, storage and distribution.

Scottish company Mocean Energy has selected TEXO Engineering & Fabrication (TEXO E&F) as its preferred fabrication, assembly and load-out contractor for the Blue Star and Blue Horizon wave energy converters.

The MEYER Group, an international consortium specializing in cruise shipbuilding, and the Dutch Shiprepair company Damen Shiprepair & Conversion (DSC) have signed a joint cooperation agreement. Under the agreement, DSC will work with the recently established company MEYER RE, a subsidiary of the MEY

Finnish technology group Wärtsilä has secured a contract to supply reliquefaction systems for eight LNG carriers being built by Chinese shipbuilder Hudong-Zhonghua. According to Wärtsilä, the vessels will be owned by various leading global shipping companies and will be equipped with Wärtsilä Compac

Maritime Protection, a brand of global survival technology solutions provider Survitec, has secured an order for a set of nitrogen systems for installation on an LNG-powered cruise ship. According to Survitec, the scope of supply is for two nitrogen generators, feed-air compressors, valves, and cont

As part of an effort to accelerate the decarbonisation of shipping, classification society DNV has enhanced its Alternative Fuels Insight (AFI) data platform by adding new low-carbon fuels, including methanol, ammonia, hydrogen, and LPG. DNV said the platform will include detailed insights for low-c

The developers of the Yuquot Microgrid Project have issued a Request for Information (RFI) to determine wave energy converter technologies that are capable of integrating with a microgrid system at Nootka Island in British Columbia.

Energy technology company Baker Hughes has been awarded an order by engineering company Bechtel to supply two Main Refrigerant Compressors (MRCs) for Sempra Infrastructure’s Port Arthur LNG Phase 1 project in Jefferson County, Texas, US. In total, Baker Hughes is expected to supply four Frame 7 turb

A consortium consisting of Brazil’s regional energy cooperative Creral and local engineering company Mil Engenharia have put into operation a 1.2MWp floating solar plant, said to be the largest of its kind in the country.

Sud Renovables, a Spanish subsidiary of Soltech Group, has installed the company’s first floating solar energy unit, which also represents the first installation of that kind in Catalonia in Spain.