SolarDuck and the Maritime Research Institute Netherlands (MARIN) have been awarded a €3.2 million subsidy from the Netherlands Enterprise Agency (RVO) for the Steady Seas research programme.
The project forms part of the Philippines' broader effort to expand renewable energy generation and increase the share of renewables in the country's power mix to 35% by 2030 and 50% by 2040.
Only three months after coming on stream Johan Castberg is producing at peak capacity of 220,000 barrels of oil per day. This increases energy deliveries from the Barents Sea by 150%.
Total petroleum resources on the Norwegian continental shelf (NCS) saw a minor increase last year, according to last year’s "inventory" – the Resource Accounts for 2024.
Russia assembled a fleet of about 700 ships to help keep its oil moving in the face of western sanctions, but many operate with opaque ownership structures, calling safety standards into question.
