New research has found the relative predictability and consistency of wave energy could play a vital role in improving reliability and stability, while also reducing costs in a renewable energy-powered grid.
The offshore energy industry is showing its strongest commitment and ramp-up in efforts to reach net-zero targets as soon as possible and get the energy crisis worries off its chest. Cutting vessel emissions has always been an integral part of the equation. With hybrid power solutions and different
Qatar’s state-owned oil and gas company QatarEnergy has set its sights on becoming the largest liquefied natural gas (LNG) traders in the world within five to ten years. Minister of State for Energy Affairs, the president and CEO of QatarEnergy Saad bin Sherida Al Kaabi underlined this in his speech
Norway’s Ministry of Petroleum and Energy has selected Wintershall Dea Norge and CapeOmega to receive an exploration permit for CO2 storage on the Norwegian continental shelf (NCS) in the North Sea. The Luna license is located 120 kilometers west of Bergen and is estimated to hold a CO2 storage inje
DEME has taken the decision to invest in a new DP fallpipe vessel by purchasing and converting a bulk carrier, as part of its commitment to rejuvenate its fleet for the offshore energy industry. DEME has signed an agreement with Singapore’s Pax Ocean Shipyards and the vessel will enter the yard in l
The Netherlands-based terminal operator APM Terminals and Jordan-backed Aqaba Development Cooperation (ADC) have signed a memorandum of understanding for a 15-year extension of their partnership in the Aqaba Container Terminal (ACT), paving the way for making the facility zero emission.
Denmark, Flanders and Belgium have signed an agreement to cooperate on the transport of CO2 between the two countries with a view to permanent geological storage. Besides the framework on carbon capture, utilization, and storage (CCUS) cooperation, the parties have concluded an arrangement on how cr
French energy giant TotalEnergies is ramping up investments in liquefied natural gas (LNG) in a scenario that excludes Russia and is in a ‘very favourable’ position to benefit from the evolution of energy markets as a result of the energy transition, according to the company’s 2022 Strategy & Outloo
Norwegian RoRo shipping company Höegh Autoliners has committed to using either green ammonia or green methanol in at least 5 % of its deep sea operations by 2030, the company announced. The plan was revealed as the company joins the First Movers Coalition (FMC), which targets hard-to-abate sectors i
Sustainable Marine’s tidal energy technology is set to play a central role in the Ocean Energy Smart Grid Integration Project, as final testing gets underway in Nova Scotia, Canada.
UK-headquartered subsea technology specialist Ashtead Technology has completed the acquisition of the entire share capital of WeSubsea, a provider of subsea dredging technology solutions. According to Ashtead, the move comes as part of its commitment to expand its geographical presence and grow its
GKinetic Energy has completed the testing of its 12kW unit at Strangford Lough, making major technical, commercial and environmental progress that will help fast-track the commercial uptake of its clean energy technology.
Japanese shipping company Mitsui O.S.K. Lines (MOL), its group company MOL Techno-Trade (MOLTT) and Akishima Laboratories (Mitsui Zosen) have formed a strategic partnership to progress fuel efficiency of MOL Group-operated vessels and minimise vessels’ greenhouse gas (GHG) emissions.
Wave Energy Scotland (WES) has hired Offshore Wind Consultants (OWC) to carry out a study into the techno-economic benefits of shared services and infrastructure for wind and wave energy technologies and projects.
