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…
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…
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…
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…
The UK North Sea energy jobs count will drop by at least 20 percent in the coming years without urgent investment in the clean technologies needed to create a net-zero offshore energy system, a report by OGTC and Offshore Renewable Energy Catapult shows…
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…
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,…
Houston Mechatronics Inc. (HMI) said Wednesday that Triumph Subsea Services will be the first to commercialize its all-electric Olympic arms.The U.S. ocean robotics firm said it reached an agreement with Triumph to provide 26 all-electric Olympic…
Wind turbine maker Vestas will acquire Mitshubishi Heavy Industries' shares in their joint venture MHI Vestas Offshore Wind joint venture, against MHI acquiring 2.5 percent in Vestas and being nominated to a seat in Vestas’ Board of Directors…
Offshore energy services provider Saipem and gas grid operator Snam have signed an agreement to work together on energy transition technology.Under the memorandum of understanding signed, the two Italian companies will jointly work on green hydrogen and carbon capture initiatives…
The world must combine COVID-19 recovery packages with massive investments in renewable energy and low-carbon infrastructure or it will fail to meet a global warming limit target, a report by leading energy consultancy Wood Mackenzie said on Wednesday…
'Reimagining the North Sea as an integrated energy system is essential for the UK and Scotland to achieve their net-zero ambitions. But we need to invest now to close the gap on the key technologies needed to make this ambition a reality,' Colette Cohen OBE…
The German Federal Ministry of Economic Affairs and Energy has sent a funding confirmation to partners working on the WESTKÜSTE 100 green hydrogen project.The WESTKÜSTE 100 project, which will produce green hydrogen via electricity generated by offshore wind turbines…
Energy industry lobbyists and advocates of renewable hydrogen are divided over whether the bloc should support low-carbon hydrogen produced by fossil fuels ahead of a new EU strategy next month.The EU's executive Commission plans to publish its hydrogen strategy on July 8…
“The UK Continental Shelf has the potential to make a deep and meaningful impact on the UK’s overall net-zero target and offshore energy integration can be the game-changer,' Andy Samuel, CEO of the UK's Oil and Gas Authority said Thursday.Samuel's…
Subscribe
