Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has provided an overview of key achievements and progress made in the ocean energy sector in its new annual report for 2022.
Canada’s province British Columbia has a new energy action framework that is expected to cap emissions and create new opportunities for people in clean energy and technology. According to BC’s government, under this new framework, the province will require all proposed LNG facilities in or entering
German liner heavy-weight Hapag-Lloyd is not planning any significant orders this year in the newbuilding space, especially not in the ultra-large containership sector. Speaking earlier today in a virtual live session, Hapag-Lloyd CEO Rolf Habben Jansen said that if the company does move forward wit
INEOS and Wintershall Dea marked a major milestone and a world first on 8 March with the first-ever injection of CO2 in the North Sea as part of Project Greensand. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in
The consortium De Nederlandse Waterstof Delta (The Dutch Hydrogen Delta) has submitted a plan to Dutch MPs Bontenbal, Boucke, and Erkens to kickstart the electrolyser manufacturing industry and thus accelerate the hydrogen economy. According to the Port of Rotterdam, the plan, which ensures that the
Jan De Nul, Tractebel, and DEME have jointly developed a new offshore floating solar technology, said to be capable of operating in harsh marine conditions and in combination with offshore wind farms.
A new study has revealed that wave energy can play an instrumental role in the decarbonization of the steel manufacturing industry, which accounts for around 7% of global greenhouse emissions.
Norwegian shipping company Solstad Offshore has agreed to sell its platform supply vessel (PSV) fleet to U.S. offshore vessel operator Tidewater for a total cash consideration of approximately $577 million, marking an exit from the PSV segment. The PSV fleet consists of 37 vessels, all of which are
Amogy Inc., a Brooklyn-based developer of energy-dense ammonia power solutions, is making waves in the maritime industry with its ammonia-to-power system which has a massive potential to decarbonize shipping operations. The company just revealed its project which involves retrofitting a 1957-built t
Italy’s cabling giant Prysmian has secured a €120 million loan from Italian investment bank Cassa Depositi e Prestiti (CDP) which will be invested in R&D for network upgrading purposes. The loan will be used to support R&D plans focused on the implementation of innovative technologies and contribute
The Norwegian Ministry of Petroleum and Energy has received applications from five companies seeking permits related to the injection and storage of CO2 on the Norwegian continental shelf (NCS). The area is located in the North Sea and was announced on 11 January in accordance with the storage regul
An ambitious collaborative project to power subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, has taken to the seas in the north of Scotland.
UK energy market regulator Ofgem has provisionally approved SSEN Transmission’s plans to develop a subsea electricity transmission link to Orkney. SSEN Transmission submitted investment plans to Ofgem in March 2018 to build a new subsea transmission link to provide the additional capacity needed to
Oil and gas company Neptune Energy has committed to the Extractive Industries Transparency Initiative (EITI) which aims to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources. Neptune Energy said that becoming a formal supporting company builds on
