Advanced nuclear energy technology company Core Power is working on a concept for an offshore facility that combines advanced nuclear power with an offshore ammonia production facility, which would enable affordable production of green ammonia for shipping…
Maersk Supply Service, an offshore supply vessel branch of A.P. Moller-Maersk, is launching its offshore vessel-charging venture, Stillstrom, to support the decarbonization of the maritime industry by eliminating idle emissions.Together with the offshore wind giant Ørsted…
Malaysian oil and gas company Petronas has signed a collaboration deal with oil major Shell to explore opportunities and project collaborations in carbon capture and storage (CCS) space in Malaysia.The two companies will carry out a CCS Area…
Canada's Northland Power and Germany's RWE on Thursday said they'd jointly develop a cluster of offshore wind projects in the German North Sea, with a total combined capacity of 1.3 gigawatts (GW). The duo has signed a deal to form a joint venture firm that will develop…
Ireland-based floating wind platform company Gazelle Wind Power has partnered up with the Danish offshore support vessel owner Maersk Supply Service to support the development of a 2 MW floating wind pilot plant in the Canary Islands.The project…
The Nippon Foundation signed a Memorandum of Understanding (MoU) with the offshore technology development consortium DeepStar to establish a joint research and development program focused on decarbonization in offshore oil and gas, with a focus on renewable energy and the environment…
Japanese company Marubeni Corporation has signed a Memorandum of Understanding with Scottish Enterprise on collaboration for the decarbonization of Scotland including floating offshore wind and green hydrogen businesses.The Scottish Government…
As governments and investors alike push for greater and faster decarbonization, upstream operators are under increasing pressure to act. Divesting out of fossil fuels is an option, but one that runs the risk of only passing the ‘dirty’ assets to another player…
Italian industrial giants Eni and Fincantieri have signed an agreement to establish a partnership for promoting initiatives focused on the energy transition. Oil giant Eni and shipbuilder Fincantieri said the goal of the collaboration was to…
Global wind power leader Iberdrola will pour six billion pounds ($8.24 billion) into a wind farm complex in the North Sea off the east coast of Britain, in its biggest project investment worldwide, it said on Monday.Iberdrola said in a statement it would foot the bill for the East Anglia Hub site…
Italian Saipem has signed a cooperation agreement with the Italian start-up WSense to develop complex communication networks for subsea drones.These multi-purpose intelligent nodes will be designed and qualified by Saipem and WSense to be interfaced…
Classification society DNV and the Liberian International Ship & Corporate Registry (LISCR) have awarded an Approval in Principle (AiP) to Hyundai Heavy Industries (HHI) and Korea Shipbuilding & Offshore Engineering CO. (KSOE) for a new 40,000 CBM liquified CO2 carrier design…
Iberdrola has taken full control of two wind projects it has been developing off the U.S. coast with Copenhagen Infrastructure Partners (CIP), as part of a global ramp-up of its offshore business.The European wind power leader's U.S. unit Avangrid will pay $167…
The UK-based Offshore Renewable Energy (ORE) Catapult has said it has secured funding for five projects as part of the Clean Maritime Demonstration Competition, funded by the Department for Transport and delivered in partnership with Innovate UK…
Italy's Eni has teamed up with Mubadala Petroleum to look at joint investments in the energy transition field as part of plans to cut carbon footprints.In statements on Tuesday, the two groups said they had signed a memorandum of understanding…
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