There are significant economic and climate benefits of using wind-assisted propulsion to power global shipping, a new report by marine NGO Seas At Risk found. The post Large ships can save close to $500,000 on fuel costs by adopting wind propulsion, new study reveals appeared first on Offshore Energy.
The Danish Energy Agency has received applications from 16 companies in the call for […] The post 16 applicants pursuing Denmark’s $4.1 billion carbon capture and storage fund appeared first on Offshore Energy.
New Zealand-based electric hydrofoiling technology company Vessev has dropped anchor in the United States […] The post Vessev readies to debut hydrofoil technology as it docks in the US market appeared first on Offshore Energy.
Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) has reached an agreement with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol, to combine their North Sea businesses. The post NEO Energy and Repsol merging North Sea ops to bolster resilience in ‘tough’ UK conditions appeared first on Offshore Energy.
Led by the Dutch Innovation Company (NIM) and supported by the Dutch government, a new project has been launched to develop the “world’s first” zero-emission general cargo ship powered by liquid hydrogen. The post NIM-led project to develop ‘world’s first’ liquid hydrogen-powered general cargo ship appeared first on Offshore Energy.
Belgian NGO Shipbreaking Platform has called on the European Commission to take measures that will end the “dumping” of toxic ships and boost capacity for sustainable ship recycling. The post EU urged to take action to end ‘dumping’ of toxic ships and support capacity building appeared first on Offshore Energy.
Italian cabling company Prysmian Group and Dutch integrated subsea solutions service provider N-Sea Group […] The post Prysmian, N-Sea join efforts to improve submarine cable security under 7-year deal appeared first on Offshore Energy.
A liquefied natural gas (LNG) cargo has been indexed to the LNG futures of Abaxx Commodity Exchange and Clearinghouse, owned by Abaxx Singapore, whose majority shareholder is financial software and market infrastructure company Abaxx Technologies, in what the firm says is the first over-the-counter (OTC) trade of its kind. The post LNG cargo export indexed to Singaporean firm’s futures for the ‘first time’ appeared first on Offshore Energy.
In this episode of The 1895 Podcast, we’re joined by Danny van den Burg, Lead Solutions Specialist at Swagelok. In the conversation, we discuss the evolving landscape of the hydrogen industry, exploring the importance of service solutions within hydrogen and the wider transition to clean energy. We also cover the varying needs of different market segments, the current training gap that exist in the sector, and how to bridge them. Listen above or click here to follow The 1895 Podcast, wherever you get your podcasts. The 1895 Podcast The 1895 Podcast is a content-driven podcast for the global industrial gases business, bringing together topical news, views and analysis of the stories that matter in the industry. Listen now: https://bit.ly/The1895Podcast Source link
Carbon capture and storage is now firmly in energy-focused Nigeria’s sights Carbon capture and storage is now firmly in energy-focused Nigeria’s sights The International Finance Corporation (IFC), the arm of the World Bank that focuses on developing countries, has published a comprehensive atlas and report charting the steps Nigeria must take to drive its CCS industry and decarbonisation more generally. The analysis acknowledges that Nigeria is wrestling with twin challenges. It is on track to be the third most populous country in the world by 2050 – with the population projected to rise from 210 million today to 411 million – and yet, like every nation, it must meet its rising demographic and energy needs sustainably while reducing emissions. The IFC notes that carbon capture and storage (CCS), including the country’s depleted oil and gas… Read More »World Bank’s IFC maps out Nigeria CO2 storage potential | CCS