Yinson Production, together with client Azule Energy, is set to pilot an offshore carbon capture and storage (CCS) plant on the floating production storage and offloading (FPSO) vessel Agogo in Angola. The plant, said to be the world’s first post-combustion carbon capture unit installed onboard an F
Marine Energy Wales and UK Marine Energy Council (MEC) have signed a memorandum of understanding, outlining and enhancing their collaborative efforts to support the marine industry in Wales and the wider UK.
Anchoring solutions specialist Maxwell Marine has won a contract to design and supply a technical anchoring system for uncrewed surface vessels (USVs) for the world’s leading offshore wind developer Ørsted. The USVs will be used for offshore met-ocean measurement campaigns in the wind farm industry
EuroAsia Interconnector Limited, project promoter of the European Project of Common Interest (PCI 3.10), and Greek electricity grid operator Independent Power Transmission Operator (IPTO) have reached an agreement for the designation of IPTO as project promoter of the electricity interconnector that
Italian transmission system operator (TSO) Terna has scheduled public consultations in seven municipalities that will be affected by the construction of an interconnector that will be built between Italy and Greece. Terna is expected to invest €750 million in the GR.ITA 2 interconnector which will i
Norwegian company Havkraft has signed a contract with Equinor to conduct a feasibility study exploring the integration of wave energy as a sustainable energy source for powering mobile offshore drilling units.
A shortage of repair yards with experience in conversions may hinder the take up of alternative fuel technology by the existing fleet, according to the findings from LR’s new Engine Retrofit Report. The report has identified that retrofitting a significant number of the 9,000 and 12,900 large mercha
The Interreg 2 Seas-funded ENCORE project has reached its formal closure after three years, having ‘successfully propelled’ four innovative tidal energy, offshore solar and wave energy technology solutions.
French company Sabella has broken the power production record with its D10 tidal energy turbine, generating over 25% of the total electricity consumed on Ushant Island by harnessing the energy of the tides.
Greek shipping magnate Evangelos Marinakis, alongside his son Miltiadis and private company Capital Maritime & Trading, has revealed plans to propose a significant shift in the business focus of New York-listed shipowner Capital Product Partners. The proposal, disclosed in a filing with the U.S. Sec
The latest agreement between Belgian shipping major CMB and its Norwegian counterpart Frontline signals a new chapter for tanker owner Euronav, one that holds the promise of resolving long-standing disputes and steering the company toward a more diversified and sustainable future. Specifically, CMB
California governor Gavin Newsom has signed SB 605 wave and tidal energy bill into law, marking a significant step forward in bringing a new renewable energy resource to the state and further solidifying California’s commitment to a sustainable and clean energy future.
With the world adapting to emerging sources of supply and decarbonization technologies, the discussion about which fuel is the top contender for the successful energy transition continues. Despite the growing opposition to fossil fuels, some consider natural gas, primarily LNG, as the leading transi
Spanish transmission system operator (TSO) Red Eléctrica is about to begin the construction of the first submarine interconnector between Spain and France. The Biscay Gulf interconnector will comprise two high-voltage direct current (HVDC) links, each with a capacity of 1,000 MW, linking Gatika in S
