Humankind achieved its first interstellar flight in 2063 with a spacecraft powered by a warp drive, based on a matter-antimatter system fuelled by deuterium, a hydrogen isotope, and its antimatter equivalent. This is according to Star Trek, a series famous for featuring several things we might take
Non-battery based offshore energy storage solutions pioneer FLASC has established a collaboration agreement with Subsea 7. FLASC’s patented Hydro-Pneumatic Energy Storage (HPES) concept combines pressurised seawater with compressed air to create an energy storage device. Specifically, the technology
SMEs operating in the UK’s £7.8-billion subsea supply chain are cautiously optimistic about the next six to twelve months, according to the findings published today by the industry body Subsea UK. Subsea UK recently surveyed its smaller member companies to find out how they were dealing with the fal
Dutch contractor Heerema wants to become the first carbon-neutral marine contractor in the offshore industry in line with the national and international emission-reduction targets. The plans are being revealed as the inetrnational maritime community pushes forward to meet the 50% GHG reduction targe
Singapore’s conglomerate Keppel Corporation has decided to review its offshore & marine business amid the sector’s challenging environment.
After a record 70 mmtpa of new LNG capacity was sanctioned in 2019, this year and 2021 had at least as much capacity lined up for final approval – instead, there’s a famine, Wood Mackenzie said.
Norway’s maritime industry group Wilhelmsen and Germany’s industrial and technology businesses conglomerate thyssenkrupp are establishing a 3D printing joint venture targeting the maritime industry.
Australia’s Department of Industry, Science, Energy, and Resources stated in its Resources and Energy Quarterly that the country’s LNG shipments dropped by 12 per cent year-on-year and noted the pressure on the country’s LNG export volumes in recent months.
Teekay Corporation, Teekay LNG Partners and Teekay Tankers have joined the United Nations Global Compact, the world’s largest corporate sustainability initiative.
The Center for the Fourth Industrial Revolution and the Ocean (C4IR Ocean) is working to promote a sustainable ocean and is partnering with Microsoft to develop technology-based solutions to improve ocean health. Aker and the World Economic Forum are behind C4IR Ocean, which is part of a global netw
DNV GL pointed to a relatively limited uptake of hydrogen as a ship fuel in the fourth edition of its Maritime Forecast to 2050 presented on Tuesday. The surprising assessment is a result of both the estimated price of the fuel and the investment costs for the engine and fuel systems. The forecast a
To adjust and transform to cleaner sources of energy, the world’s largest oil and gas firms could sell or swap oil and gas assets of more than $100 billion, Rystad said.
BP has been doing its part to unlock the value of technology and tap into its benefits. This has become especially noticeable during 2020 with plans to become a net-zero company by 2050.
Cabling specialist Nexans plans to become carbon neutral by 2030. The company announced this at its inaugural Climate Day event in Paris on September 22, 2020. Nexans plans to achieve carbon neutrality through a specifically defined roadmap: 4.2% average annual reduction of company greenhouse gas em
