New York-listed offshore vessel operator SEACOR Marine has agreed to sell its Windcat Workboats and its crew transfer vessel (“CTV”) business to the Belgian shipping and logistics group Compagnie Maritime Belge (CMB).Windcat Workboats owns and operates a fleet of 46 offshore crew transfer vessels…
Japan laid out a “green growth strategy” last Friday that includes a goal to replace new gasoline-powered vehicles with electric cars by the mid-2030s to reach net-zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050…
The European Commission on Tuesday proposed rules to restrict funding for natural gas projects and instead funnel cash into low-carbon technologies to meet climate goals.The EU's 'TEN-E' rules define which cross-border energy projects are eligible…
After a turbulent 2020 for the oil and gas industry, 2021 is expected to see a modest rise in investment in the UK and Norway offshore sectors, assuming a US$50 per barrel average oil price.Exploration activity could recover to 2019 levels and investment in new developments is set to increase…
Belgium-based offshore installation contractor Deme said Tuesday it had joined the European Clean Hydrogen Alliance. The alliance supports the EU’s ambitious hydrogen and decarbonization strategy.'With this membership Deme underlines its commitment to using its expertise for the production…
UK's Oil & Gas Authority on Wednesday submitted a revised strategy for laying before the UK Parliament featuring for the first time an obligation on the oil and gas industry to support the UK’s net-zero target.'The revised Strategy reflects the ongoing global energy transition…
Interest in ammonia-powered fuel cells for the maritime sector is growing, but stakeholders have been hesitant to commit to investments in large-scale systems. Now the ShipFC project is aiming to secure a place for ammonia in the future of deep-sea shipping…
Germany and Denmark pledged on Monday to cooperate more closely on joint offshore wind power development via clusters in the North and Baltic Seas to spur renewable power and hydrogen production.The planned cooperation marks an important step…
The Netherlands and Denmark have signed an agreement of intent in which they agree to have power and energy network operators TenneT, Gasunie and Energinet carry out further research into a joint energy hub in the North Sea.Eric Wiebes, Dutch…
Offshore lifting hoists and chains solutions provider William Hackett has published an industry report aiming to help minimize the risk of Hydrogen Embrittlement (HE) and Stress Induced Corrosion Cracking (SICC). The report includes guidance on material choices used in topside and subsea lifts…
Oil and gas company Neptune Energy on Thursday launched a feasibility study into plans for a large-scale offshore Carbon Capture and Storage (CCS) project in the Dutch North Sea, with the potential to safely store 120-150 million tonnes of CO2…
DeepWind, a Scottish offshore wind supply chain cluster has signed a collaboration agreement with its German counterpart WAB, to promote offshore wind and green hydrogen generation.The north of Scotland’s offshore wind cluster organization,…
Triumph Subsea Services has signed a letter of intent with Infrastrata for the construction of offshore wind farm development vessels at Infrastrata's Harland & Wolff Shipyard in Belfast, Northern Ireland.The letter of intent envisions the construction…
Atlantic Shores Offshore Wind, the 50-50 joint venture between EDF Renewables North America and Shell New Energies US, has submitted its proposal to the New Jersey Board of Public Utilities to supply the state with up to 2,300 MW of renewable wind energy…
Offshore wind developer Ørsted and fertilizer company Yara have entered a joint project aimed at producing ammonia from renewable hydrogen instead of fossil hydrogen in the Netherlands.The two companies say their project had the potential to reduce more than 100…
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