The Government of Canada has released the Tidal Energy Task Force’s final report to clarify regulatory requirements for tidal energy projects in the Bay of Fundy with the aim of defining the path for growth of the industry. The Government of Canada noted it was working with the province of Nova Scot
After another year of active tendering, Subsea7 secured $7.4 billion of contract awards in 2023, taking its backlog to $10.6 billion, a year-end level last seen in 2013. In its full-year 2023 financial report, Subsea7 reported revenue of $6 billion, an increase of $838 million or 16% compared to the
What lies ahead for oil, gas, and renewable energy in the AI-oriented environment and how will these sources of supply be revolutionized?
CorPower Ocean’s C4 wave energy converter (WEC) has completed the first cycle of the ocean commissioning program at the Agucadoura site in northern Portugal. Now proven at commercial scale, at the exposed Atlantic test site, CorPower said that the C4 device had demonstrated a unique ability to tune
The latest step being taken to overturn the U.S. LNG permitting freeze comes from the American Petroleum Institute (API).
Santos has become the latest oil and gas player to join two climate change initiatives, related to flaring and methene reduction.
Disruptions in two major global maritime trade waterways seem to have diminished efforts to accelerate decarbonization of the shipping industry.
Australian energy giant Woodside has put the wheels in motion to widen the scope of its relationship with JERA.
Swedish electrofuel developer Liquid Wind, together with its partners Alfa Laval, Carbon Clean, Siemens Energy, and Topsoe, has launched the eFuel Design & Performance Center (DPC) in Hørsholm, Denmark. The launch of DPC builds on Liquid Wind’s partnership formed in 2020 and the recently announced p
Gears in the energy transition machine are constantly turning but not fast enough to meet the decarbonization targets that the UK has set, according to DNV.
Minesto’s 1.2 MW Dragon 12 tidal powerplant has delivered as expected during its first phase of operation at its grid-connected monopile seabed foundation in Vestmannasund, Faroe Islands, the Swedish company reported. The 25-ton Dragon 12 tidal energy kite was commissioned in the early morning of Fe
Swedish ocean energy developer Minesto has upgraded its roadmap to a 200 MW tidal energy buildout in the Faroe Islands, said to come as a response to the growing demand for renewable energy. The Faroe Islands has one of the world’s most ambitious energy transition schemes, aiming for 100% renewables
Despite a slight decline in total cargo throughput, 2023 was a year of success for the Port of Rotterdam which is making significant strides in becoming more sustainable.
Canada has seized control of all 227 offshore oil and gas exploration and production permits off its Pacific coast, putting a stop to further hydrocarbon extraction activities in this area.
