Shell will cut around 15% of the workforce at its low-carbon solutions division and scale back its hydrogen business as part of CEO Wael Sawan's drive to boost profits, it said on Wednesday.The staff cuts and organizational changes come after Sawan…
Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net zero scenario, according to The future role of natural gas in Australia and the region.EY was commissioned…
The UK North Sea Transition Authority (NSTA) is expected to take on the role of offshore hydrogen transport and storage regulator following the conclusion of a consultation on the proposal.The move is intended to support the industry by enabling…
Moss Maritime, Norwegian company specializing in design and engineering services to the offshore energy industry as well as other ocean-based sectors and a subsidiary of Italy's Saipem, has secured an Approval in Principle (AIP) from the classification…
Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and 'other local anchored value-creating activities on Åland…
The U.S. Gulf Coast region, the nation's primary offshore source of oil and gas, has cheap electricity and lacks state mandates for renewable energy procurement, making it an unlikely place to expand one of the most expensive forms of clean energy…
A study has shown that existing offshore gas pipelines by Dutch transport pipeline operators Noordgastransport (NGT) and NOGAT can be repurposed for hydrogen transportation before 2030, by rerouting certain gas fields while still providing transportation…
Japanese shipping firm Mitsui O.S.K. Lines, Ltd. (MOL) and French renewable energy firm EDF Renewables have signed a memorandum of understanding (MoU) to cooperate in the acceleration of the development of offshore wind and related business and to encourage developments in green hydrogen…
As the global economy moves away from fossil fuels, green hydrogen could be critical to achieving a zero-carbon world by 2050.Green hydrogen offers a solution to decarbonizing “hard-to-abate” industries such as steel and fertiliser production…
Dutch offshore wind farm developer CrossWind has awarded Italy-based Rosetti Marino a new engineering, procurement, construction, installation and commissioning (EPCIC) contract for an offshore green hydrogen production and storage pilot plant - called the 'Baseload Power Hub…
Offshore installation contractor Subsea 7 and German power supplier EnBW have signed a Memorandum of Understanding to jointly explore offshore wind-powered hydrogen production concepts. Subsea 7 and EnBW will study the technical and commercial elements of green offshore hydrogen production…
BP has invested in a start-up company developing technology seeking to use vapour from heavy industry to sharply reduce the production costs of zero-carbon hydrogen.BP Ventures, the British energy giant's venture capital arm, was among several investors in a $12…
Edda Wind held a naming ceremony for its new commissioning service operation vessel (CSOV) Edda Nordri.The 88.3-meter-long vessel is the third in a series of three purpose-built CSOVs built by Spain's Gondan Shipbuilders for Norway-based Edda Wind…
Lhyfe, a green hydrogen production specialist, said Tuesday that its offshore green hydrogen production pilot Sealhyfe recently started producing green hydrogen in what the company said is a world first.The Sealhyfe platform was recently towed 20 kilometers out into the Atlantic…
Only one of three available areas was sold during the United States' first ever offshore wind lease sale in the Gulf of Mexico on Tuesday.The auction, held by the Interior Department's Bureau of Ocean Energy Management (BOEM) offered up three sites for offshore wind development…
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