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Gas Reigns As Green Agenda Looms

Oil & Gas
While demand for oil will peak in 2023, demand for gas will continue increasing through 2034 as the world becomes increasingly electrified, DNV GL

Bombora secures Welsh wave bounty

Tidal Energy
Australian marine developer Bombora Wave Power has been awarded £10.3m of European funding to build a 1.5MW demonstration project in Wales.

Verdant grabs US tidal green

Tidal Energy
Verdant Power has secured $6m funding including a US Department of Energy grant to progress the next phase of its tidal project in New York City’s East River.

Global wind outlook ‘falls 5GW’

Wind Energy
Consultancy Make has downgraded by 5GW near-term expectations for global wind power capacity additions because of market disruptions caused by auction dynamics.

Fluor, IBM develop predictive analytics

Digitalization
Fluor Corp. and IBM have developed artificial intelligence-based systems to predict, monitor, and measure the status of engineering, procurement, fabrication

OGIC allocate support for digital development

Digitalization
The Oil & Gas Innovation Centre (OGIC) is providing support to three new projects investigating use of digitalization to improve efficiency and costs.

Samsung Heavy in talks to resolve Nigeria

Safety & Regulations
The Nigerian arm of Samsung Heavy Industries is in talks to resolve a court action launched by an industrial zone in the west African country

La Spezia Port in partnership

Ports
La Spezia Port in partnership with Contship Italia Group visited New York to showcase their joint private and public investment totaling US$ 381 million

Final turbine touchdown at Merkur

Wind Energy
The final GE Haliade 160-6MW turbine has been installed at the 396MW Merkur offshore wind farm off the coast of Germany

Fuse lit on Baltic Eagle bomb hunt

Wind Energy
Fugro has started an unexploded ordnance survey at the site of Iberdrola's consented 476MW Baltic Eagle offshore wind farm in the German Baltic Sea.

Module carrier designed for the shallow water

Naval Engineering
Sunkar, the third and final multifunctional module carrier vessel (MCV) built by Vard for Kazmortransflot, has now been delivered.

Ports join on initiative to global warming

Ports
The Port of Rotterdam Authority announced the launch of the World Ports Climate Action Program. In this initiative
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