McDermott has joined AquaVentus, a growing consortium of more than 70 companies, organizations and research institutions collaborating toward green hydrogen energy production in the North Sea.
Shipping accounts for vast amounts of carbon emissions on a yearly basis, however a new agreement aims to tackle this through the development of hydrogen-based maritime fuel in Tromsø, Norway.
bp and NYK Line have signed a memorandum of understanding to collaborate on future fuels and transportation solutions to help industrial sectors, including shipping, decarbonise.