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Simply Blue Group Forms Team to Build Floating Wind Business in U.S.

Aug 17, 2021

Simply Blue Group, an Irish-based floating offshore wind pioneer with over 3.2 gigawatts (GW) in development in Ireland and the UK, on Tuesday unveiled its key leadership team for new operations in the U.S., targeting floating wind development opportunities there…

SNC-Lavalin Wraps Sale of Oil & Gas Business

Aug 17, 2021

Toronto-listed SNC-Lavalin has completed the closing of the sale of its Resources Oil & Gas business on August 15, following receipt of Saudi Arabian regulatory approval.SNC-Lavalin previously said that it had closed the sale of a substantial portion of its Resources Oil & Gas business on July 29…

Eco Wave Power Tech for Israeli Navy

Aug 17, 2021

Wave energy technology company Eco Wave Power has entered into a collaboration agreement with the Israeli Navy, to examine the feasibility of installing the Eco Wave Power technology in the Navy's bases.Eco Wave Power will start the procurement…

'Tens of Thousands of Jobs' - UK Releases Plan for 'Hydrogen Revolution'

Aug 17, 2021

The UK government has announced its first-ever Hydrogen Strategy, which it hopes will create 'tens of thousands of jobs, billions of pounds in investment and new export opportunities,' over the next decade and beyond and create a world-leading hydrogen economy…

U.S. DOE Awards Grant for OPT's Next-gen Wave Energy Converter

Aug 17, 2021

U.S. Department of Energy (DOE) has awarded a grant to wave energy solutions provider Ocean Power Technologies to further the development of a next-generation wave energy converter.'Investment by the U.S. government towards the commercialization…

Consortium of 29 Firms Backs Danish Carbon Capture and Storage Project

Aug 17, 2021

INEOS Energy, Wintershall Dea, and a consortium of 29 companies, research institutes, and universities, on Tuesday, signed an agreement to support the next phase of the Greensand pilot project to demonstrate the safe and permanent storage of CO2 in offshore reservoirs in the North Sea…

GEG, Proman to Build Renewables-to-Methanol Plant at Nigg Oil Terminal

Aug 17, 2021

UK-based Global Energy Group and Swiss-based integrated energy company, Proman have partnered up to develop a renewable power to methanol plant using local sources of captured CO2 to be located at the Nigg Oil Terminal in the Highlands of Scotland…

Sustainable Marine's Tidal Turbine Drivetrain Passes Accelerated Lifetime Tests in Germany

Aug 17, 2021

Scottish tidal energy technology firm Sustainable Marine said Tuesday that its tidal turbine drivetrain has successfully completed ‘accelerated lifetime testing’ at the Center of Wind Power Drives at RWTH Aachen UniversitySCHOTTEL Hydro, Sustainable Marine’s German engineering partner…

BHP Agrees to Sell Oil and Gas Business to Woodside

Aug 17, 2021

BHP Group has agreed to sell its petroleum business to Woodside Petroleum in a merger to create a top 10 independent oil and gas producer worth A$38.5 billion ($28 billion) with growth assets in Australia and the Americas.BHP's exit from petroleum…

Biden Administration Appeals Court Decision to Block Oil, Gas Leasing Pause

Aug 17, 2021

The Biden administration on Monday challenged a federal judge's decision in June to block the Interior Department's pause on oil and gas leasing on public lands and waters - a critical piece of its climate change policy - but will proceed with leasing during the appeals process…

Woodside Names Meg O’Neill CEO

Aug 17, 2021

Australian oil firm Woodside said Tuesday it had named acting CEO Meg O’Neill as the company’s Chief Executive Officer and Managing Director. O’Neill succeeds Peter Coleman who retired from Woodside in June 2021. Woodside Chairman Richard Goyder…

Magseis to Join Danish Carbon Capture and Storage Project Greensand

Aug 17, 2021

Magseis Renewables, a subsidiary of offshore OBN seismic contractor Magseis Fairfield, has entered into a memorandum of understanding to join phase 2 of the Greensand carbon capture and storage (CCS) project consortium. The project entails transporting…

BOEM Completes Environmental Review of South Fork Wind Project

Aug 17, 2021

The U.S. Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed South Fork Wind project offshore New York and Rhode Island.South Fork Wind - proposed by Orsted and Evercore - would be New York’s first…

Report: Official Says Brazil's Lower-carbon Oil projects Can Attract Majors

Aug 17, 2021

Rising calls to cut carbon emissions and to reduce global warming could generate more offshore partnerships and increase the output of cleaner oil for Brazil, the production chief of state-controlled Petrobras said in an interview.Brazil oil…

Australia: Santos Says Oil Search Buy Would Help Speed Up Pivot to Clean Fuels

Aug 17, 2021

Santos Ltd expects its planned takeover of Oil Search, creating a A$20 billion ($15 billion) company, will help the combined group weather the energy transition better than if they remained separate.The companies agreed an all-scrip deal earlier…

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