While scientists hail their advances in producing green hydrogen directly from seawater, others see it as pointless.The idea of getting rid of the pre-treatment of seawater that is required to provide pure water to electrolyzers seems to make sense – it reduces costs…
The chief executive officer of Norwegian offshore vessel owner Eidesvik Offshore, Gitte Gard Talmo has resigned from his role to take up a new position in an international company abroad.Gitte Gard Talmo has been with the company for 22 years and has been CEO of Eidesvik Offshore since January 1…
The intermittency of offshore wind power is both a challenge and an opportunity for green hydrogen production. There will be a new generation of platforms taking up space in offshore wind farms as hydrogen production is used to help balance power supply and demand…
Offshore personnel transfer company Windcat, part of CMB.TECH, has partnered with Anglo-Eastern for the technical and crewing management of the first out six ordered hydrogen-powered Commissioning Service Operation Vessels (CSOVs).Windcat has ordered six Elevation Series CSOVs…
Italian offshore energy services firm Saipem has been awarded two offshore contracts in Saudi Arabia under its existing long-term agreement with Saudi Aramco, whose combined value approximately $1 billion.Saipem’s scope of work under the first contract involves the engineering…
British startup DRIFT Energy has closed a seed funding round for making green energy at sea using hi-tech sailing vessels.Led by Octopus Ventures, one of the largest and most active venture capital investors in the UK and Europe, and with support from Blue Action Accelerator…
Italian classification and marine engineering consultancy RINA has issued two certifications for Saipem’s methodology of qualification of the performances of subsea hydrogen pipelines.One of the challenges of transporting hydrogen through converted…
Equinor and Polenergia, the developers of the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland, have hired Smulders for the delivery of substations for both Baltic Sea developments, which will also work in consortium with Sif for the manufacturing of 100 transition pieces…
Shell plans to scale back its oil and gas exploration and development workforce by 20% as CEO Wael Sawan widens his cost-saving drive to the highly profitable division after deep cuts in renewables and low-carbon businesses, company sources said…
CrossWind has awarded Fores Engineering, a subsidiary of the Rosetti Marino Group, a contract for the assembly of 2.5 MW offshore electrolyser for the Hollandse Kust Noord offshore wind farm.The contract is for the assembly of a 2.5 MW Offshore…
GE Vernova on Friday said recent turbine blade failures at two offshore wind farms in the United States and the United Kingdom are unrelated.The statement comes as the company has been grappling with fallout from three separate blade accidents in four months…
TotalEnergies has launched a pilot project consisting of a floating wind turbine to supply renewable power to the Culzean offshore platform in the UK North Sea.Culzean is a high-pressure, high-temperature gas condensate field located in Block 22/25a in the East Central Graben area…
Chinese offshore oil and gas major CNOC posted record first-half profit on Thursday, boosted by output growth and higher oil prices.Net profit attributable to shareholders rose 25% to 79.73 billion yuan ($11.19 billion), CNOOC said in a filing with the Hong Kong Stock Exchange…
Woodside Energy has released its half-year financial highlights citing a net profit after tax of A$1,937 million ($1.3 million) and underlying net profit after tax of A$1,632 million ($1.1 million).Operational highlights include the delivery of 89…
DEME and OQ have signed an agreement with BP, which will join the companies as an equity partner and operator in the HYPORT Duqm project, a large-scale green hydrogen scheme being developed in Oman.BP will acquire a 49% stake, while OQ and DEME will each maintain a 25…