Westwood has revealed that the offshore rig utilisation is expected to continue its upward traction and spur a further rise in day rates.
Representatives of the Liverpool City Region Combined Authority (LCRCA) have embarked on a mission to South Korea, during which they will visit the Sihwa Tidal Power Plant near Seoul, the world’s largest tidal power plant in the world.
Together with its Danish partner Nordic Marine Oil, Finnish oil refining and marketing company Neste is piloting a new Neste Marine 0.1 co-processed marine fuel in Scandinavia – a solution helping the maritime sector to reduce greenhouse gas (GHG) emissions.
Lundin Energy has proposed to change its company name effective from 1 July 2022, reflecting its pivot towards renewable sources of energy.
The sustainable ship of the future will be made of data just as much as of steel, Mikko Kousa, CEO of Finnish maritime software company NAPA, said in an interview with Offshore Energy.
Several European renewable energy associations have united to call for changes to the EU’s Innovation Fund as its award criteria ‘puts renewable energy projects at a structural disadvantage’.
China plans to ramp up the building of fully electric battery-powered ships to operate on the country’s extensive inland waterways network following the successful maiden voyage of the Chang Jiang San Xia 1, a battery-powered cruise ship, China Classification Society (CCS) said.
TotalEnergies has implemented a worldwide drone-based detection campaign across its operated oil and gas assets to reduce methane emissions.
British Octopus Energy Group has entered into a financial and strategic partnership with Xlinks, the company building the world’s longest subsea cable to deliver renewable energy from Morocco to the UK.
Cory has inked a deal with Northern Lights JV, to work on a CCS project, enabling cross-border marine transportation of CO2.
Japanese shipbuilder Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and compatriot shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) have been granted approval in principle from classification society ClassNK for joint development of CO2 transport technology for
When it comes to securing energy for the future in a sustainable way, we have reached a junction where we have to choose a way forward.
Norwegian Equinor and its compatriot Aibel have entered into a 10-year agreement to ensure a close and long-term strategic collaboration.
The UK regulator has awarded two carbon storage licences in the North Sea – to store up to 23 Mtpa of CO2 by 2038 – to BP and Equinor.
