Triumph Subsea Services said Thursday it had formally canceled the Letter of Intent that was issued to Infrastrata in December 2020, for the construction of an offshore wind development vessel and said it didn't want to build any vessels with InfraStrata and or any of its shipyards…
Low-carbon infrastructure developer Cerulean Winds has named NOV as the first of its delivery partners for the fabrication of its proposed integrated 200-turbine floating wind and hydrogen development off the coast of Scotland.As previously reported…
Low-carbon infrastructure developer Cerulean Winds said on Tuesday it has submitted plans to develop a floating wind turbine project in the British North Sea.An application for a lease for the 10 billion pound ($14 billion) project has been submitted to Marine Scotland…
Neptune Energy has awarded DNV a contract for the carbon capture and storage (CCS) pipeline materials study which will assess the fracture and suitability of offshore pipelines for reuse in CO2 transport.The pipeline materials analysis is part…
Ørsted, the world's largest offshore wind farm developer, is ramping up its investment in renewables to $57 billion by 2027, seeking to become a global leader in green energy and fend off growing competition.The Danish firm, which sold its oil and gas business in 2017…
Spanish renewable energy giant Iberdrola, through its subsidiary ScottishPower, has teamed up with some of the UK's main distilleries and spirits companies and the Port of Cromarty Firth to launch a green hydrogen project in the Highlands.The…
BP CEO Bernard Looney said on Wednesday that calls for lower investment in oil, gas from an International Energy Agency report the previous day are consistent with the company's strategy. Trillions of dollars will be spent rewriting earth's energy system which sets up business opportunities…
In an eventful week in which its Port of Nigg was selected as a turbine foundation marshaling port for the giant Seagreen offshore wind farm, UK-based Global Energy Group said Thursday it had struck a deal to power its Port of Nigg facilities using green hydrogen…
Jon Landes comes with 25 years’ experience in the energy industry. As President, Subsea, Landes has global responsibility for TechnipFMC’s subsea business he’s now in a great place to tackle how we can embrace and shape the energy transition with sustainable solutions…
Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro ($4.9 billion) offshore wind power project to cut emissions at Germany's most energy-intensive industrial site.As part of the project, which depends on more favorable legislation…
Investors should not fund new oil, gas and coal supply projects if the world wants to reach net-zero emissions by mid-century, the International Energy Agency (IEA) said on Tuesday, in the top global watchdog's starkest warning yet to curb fossil fuels…
Experts are advising the UK subsea industry to act now and take advantage of the energy transition, warning that the journey to net-zero is already underway and businesses must keep up with the required change of speed.Subsea UK, the country's subsea services industry association…
Scotland-based OGTC has extended its latest Call for Ideas to June 14, with the organization set to invest up to £1million (around $1,4 million) 'in game-changing technologies which will accelerate Hydrogen production, transportation, storage and utilization…
SKF is participating in a tidal power project off the Orkney Islands.Orbital Marine Power, Scottish-based developers of the world’s leading floating tidal turbine technology, has now launched its first commercial 2MW unit, the Orbital O2, which…
Wind farm developer Ørsted plans to submit a joint bid with Danish pension fund ATP to finance and build the world's first energy island in the North Sea.The artificial island, which will produce and store enough green energy to cover the electricity needs of 3 million European households…