Looking back, 2022 was a pretty active year in the (offshore) energy sector. A good deal of this might be because COVID-19 has stopped being an obstacle to everyday life, but what seems to be for sure is that energy security and energy crisis-related topics stole most of our attention. Below we brin
As the world prepares to say goodbye to an eventful 2022, offshore energy industries are reviewing their activities and making new plans to deliver on the net-zero target. Despite numerous challenges to this goal, the year behind us ends the similar way it started – with renewables in the spotlight.
The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has opened a €240 million call for the development of marine renewable energy pilot projects, test platforms and associated infrastructure.
ExxonMobil has filed a lawsuit against the European Commission’s proposed windfall tax on fossil fuel companies’ profits.
In an op-ed piece, Tony Lewis, chief technology officer at OceanEnergy, sheds more light on the potential of wave energy and the expectations from the WEDUSEA project, being coordinated by the Ireland-based company.
Container shipping major Maersk has launched the construction of its 16,200 TEU dual-fuel containerships that can run on green methanol. Namely, South Korean shipbuilder Hyundai Heavy Industries hosted a steel-cutting ceremony for what is believed to be the first vessel from the series on November 2
South Korea’s defense and energy conglomerate Hanwha Group is reportedly looking to acquire a controlling share in compatriot marine engine maker STX Heavy Industries. Hanwha has set sights on buying a 47.81 percent share in the company from a local equity firm Pinetree Partners worth an estimated K
The Port of Tianjin, the largest port in Northern China, has marked another milestone in its strategy to convert the port into a smart and green energy hub. Namely, three wind turbines intended for clean power generation were connected to the port’s power grid marking the completion of phase II of t
Chinese shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) is rounding off 2022 with the delivery of 209 ships, the equivalent of 14 million dwt. CSSC said that this year it secured the largest portion of new shipbuilding orders in the world, despite the challenges caused by the p
An Italian company specialising in producing green hydrogen using renewable energy sources has applied for a maritime concession to build a 675 MW floating offshore wind farm in the Strait of Sicily.
Japan and Saudi Arabia have signed memoranda of understanding (MoUs) for cooperation in the areas of circular carbon economy (CCE) and carbon recycling as well as clean hydrogen, ammonia and derivatives. The MoUs were signed during the first ministerial meeting of the Saudi-Japanese Ministerial Dial
One of the world’s largest shipbuilders Hyundai Heavy Industries Group has validated the performance of a 1.5MW class LNG/hydrogen hybrid engine (HiMSEN) developed by proprietary technology. The company marked a major milestone last week with the completion of the performance verification of the hyb
Carbon capture and storage (CCS) is a suite of technological processes which involve capturing carbon dioxide (CO2) from the gases discarded by industry and transporting and injecting it into geological formations. According to the Global Status of CCS 2022 report, as of September 2022, 196 commerci
Engie’s Laborelec has placed the final order for a storage solution to Entech Smart Energies as part of the FORWARD2030 project, whose aim is to develop a multi-vector energy system and further advance floating tidal energy technology.
