The Swedish ambassador for the ocean has visited Minesto’s tidal energy site in the Faroe Islands to highlight the importance of green energy generated from the sea.
Tidal stream energy could plummet below £80 (€90) per MWh by 2035 if current opportunity is realized, a new report by ORE Catapult predicts.
Named Equinox Ocean Turbines, a new ocean energy company has been launched in the Netherlands with a clear goal of exploiting the vast potential of ocean currents by using its tidal energy technology designed for low-speed waters.
The heightened focus on energy security and the rising cost of energy is reinforcing the difference in decarbonization speed between Europe and the rest of the world, according to the sixth edition of DNV’s Energy Transition Outlook.
In the light of Nord Stream methane leaks, geopolitical tensions, and general global security issues, the US-based company C-Power has brought to spotlight the potential role its wave energy technology could play in protecting increasingly important remote offshore assets.
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
