Norway-based offshore wind developer Deep Wind Offshore has submitted a permit application for the construction and operation of an offshore wind farm on the south coast of Sweden.The application is for the Olof Skötkonung wind farm in the Gulf of Bothnia…
If the industry has been capturing CO2 for decades, why all the innovation now?CO2 capture technology has been used for around a century in natural gas processing plants to separate out the commercially valuable methane. In the 1970s, that CO2 found purpose in advanced oil recovery…
Oil and gas company PetroNor E&P ASA has confirmed the completion of the Guinea Bissau farm-out transaction with Apus Energy DMCC for exploration licenses offshore Guinea-Bissau, and secured license for PNGF Bis in Congo.Over the Christmas holiday period…
Shell has begun cutting jobs beyond previously announced reductions in its low-carbon division, Bloomberg News reported on Thursday citing people familiar with the matter.Roles are being eliminated on a division-by-division basis, with those…
The European Commission has adopted the sixth list of Projects of Common Interest(PCIs). The list consists of 166 infrastructure projects: over half (85) are electricity, offshore and smart electricity grid projects, and 14 CO2 network projects are included…
Despite short-term obstacles driven by high inflation and interest rates coupled with supply chain issues, we maintain that the foundations supporting long-term offshore wind activity remain solid. As we prepare for the new year, let us look…
Akkrake Petroleum, a fully-owned subsidiary of Rex International-Monarch Marine Holding joint venture Porto Novo Resources, has signed a production sharing contract for operatorship and working interest in an oil field offshore Benin, West Africa…
Exxon Mobil CEO Darren Woods' first five years at the oil company were marred by missed oil production targets, an investor rebellion and the company's biggest-ever financial loss.Redemption came this year when - aided by a share price pumped…
Windcat has placed an additional order of two Commissioning Service Operation Vessels (CSOVs) with Damen Shipyards.The order increases Windcat’s CSOV fleet to five vessels, leaving the option of acquiring a sixth vessel. This development follows…
Fuel flexibility may be a key driver for recent developments in gensets, but the perennial goals of lowering CapEx and OpEx remain.Fuel flexibility is one of the pillars of decarbonization that is being embraced by genset OEMs. Fuel efficiency…
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…
A new labor forecasting tool (LFT) is predicting around 16,000 additional workers could be needed in the UK’s offshore wind industry by 2030, and 12,000 extra workers will be needed specifically for carbon capture and hydrogen projects by 2027…
HSM Offshore Energy announced it hosted a steel cutting ceremony in Schiedam, the Netherlands, to mark the start of construction on the offshore substation and the jacket for RWE's THOR Offshore High Voltage Station (OHVS) project. HSM, together…
Spanish renewable energy giant Iberdrola and UAE clean energy developer Masdar have formed a 15 billion euro ($16.2 billion) alliance to invest in offshore wind and green hydrogen in countries including Germany, Britain and the United States…
Norway-based offshore wind developer Deep Wind Offshore has entered a partnership with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. 'The combination of offshore wind and hydrogen has massive potential. It is not possible to achieve net zero without green energy carriers…
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