A study led by Vard, a subsidiary of Italy’s Fincantieri, has found that nuclear-powered offshore vessels are technically feasible, confirming that small fourth-generation nuclear reactors can be integrated into dynamically positioned vessels while meeting safety…
Dutch gas producer ONE-Dyas has started operating the first natural gas production platform in the Dutch and German North Sea to be powered by offshore wind energy, after completing an electricity cable connection to Germany’s Riffgat offshore wind farm…
Orbital Marine Power Ltd, operator of the world’s most powerful tidal turbine, has secured a multi-million dollar investment to advance its international commercial projects and contribute to the wider decarbonization of energy.PXN Ventures…
Allseas’ small modular reactor (SMR) technology could generate up to $150 million billion in economic value for the Netherlands and create as many as 40,000 new jobs by 2050, according to an impact study released on Monday by the offshore engineering group…
Equinor has scrapped plans to cut greenhouse gas emissions by connecting several offshore platforms to Norway's onshore power grid, the company told the government on Friday, citing soaring costs.The oil and gas sector is Norway's largest source of climate emissions…
Mitsui O.S.K. Lines (MOL), HD Korea Shipbuilding & Offshore Engineering (HD KSOE), and HD Hyundai Heavy Industries (HHI) have secured an Approval in Principle (AiP) from Lloyd's Register for Floating Ammonia Cracker Unit (FACU), jointly developed by the group for onshore hydrogen supply…
Thailand’s state-owned oil and gas company PTT Exploration and Production (PTTEP) has reached the final investment decision (FID) on carbon capture and storage (CCS) project at its producing Arthit gas field, offshore Thailand.This milestone marks Thailand’s first CCS development…
Industrial compression specialist Everllence has been selected to supply key CO2 compression systems for the Net Zero Teesside Power (NZT Power) project and the Northern Endurance Partnership (NEP) – two core elements of the UK’s government…
ACUA Ocean's hydrogen-powered unmanned surface vessel (USV) PIONEER has successfully completed the world's first continuous, remote 24-hour offshore operation on zero emissions, marking a breakthrough in the decarbonization of the global maritime sector…
Seabound has been awarded USD$1.48 million (£1.1 million) through Round 6 of the UK Government’s Clean Maritime Demonstration Competition (CMDC6). The funding will support a first-of-a-kind project between Seabound, STAX Engineering, and Associated…
Oxford Flow has started commercial trials of its stemless control valve with ADNOC, marking a major step forward in industrial decarbonization across one of the world’s leading energy producers.The pilot is a result of Oxford Flow’s success…
MODEC has entered into a contract with Eld Energy, a Norwegian fuel cell system company, to design and manufacture a solid oxide fuel cell (SOFC) system pilot unit intended for installation on one of the MODEC-operated floating production, storage and offloading (FPSO) units…
Artemis Technologies has demonstrated its latest electric crew transfer vessel (E-CTV) at Vattenfall's Aberdeen offshore wind farm, in partnership with Vattenfall, Tidal Transit, Lloyd's Register and the Offshore Renewable Energy (ORE) Catapult…
North Star’s £400 million ($550 million) ongoing commitment as part of its ESG strategy, combined with a £1.8 million ($2.47 million) investment in crew training last year, has delivered significant progress in its transition to operating a net zero fleet by 2045…
DNV has published a report forecasting that carbon capture and storage (CCS) capacity is expected to quadruple by 2030, with sharp increase project pipeline capacity indicating that CCS is at a turning point.The immediate rise in capacity is…
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