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MAN Energy Solutions Aims to Halve Own CO2 Emissions by 2030

MAN Energy Solutions has published its Corporate Responsibility (CR) Report 2021 that provides information on its decarbonisation targets. Among these, the company aims to reduce emissions from its own production facilities by 50% by 2030, and specifies its commitment to a consistent focus on sustainable solutions. CR activities will concentrate on four focus areas, namely …

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In focus: Offshore renewables and green hydrogen set to herald in a new energy paradigm

The global energy sector’s shift from fossil-based systems of energy production to renewable energy sources is proving to be an increasingly challenging goal to attain, especially in the context of current energy security and supply setbacks. However, offshore renewable energies – mainly offshore wind and marine energy – backed up with innovation in green hydrogen …

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Poland strengthening its energy security via 10-year gas sales contract with Norway

Norwegian state-owned energy giant Equinor on Friday announced a long-term gas sales agreement with its Polish counterpart PGNiG, which will result in the strengthening of the energy security of the latter. Equinor revealed that the agreement is for 10 years with a volume of around 2.4 billion cubic metres (bcm) of gas per year to …

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Oil & gas player sanctions North Sea project and hires Maersk rig for drilling ops

Together with its partners, Ineos Oil & Gas Denmark, a subsidiary of the UK-headquartered Ineos Group, has made a final investment decision (FID) on the development of an oil and gas project located in the Danish sector of the North Sea. The company also secured a rig from Maersk Drilling for the drilling campaign it …

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Denmark could build its first and world’s largest floating wind farm; Project considers Power-to-X capabilities

Copenhagen Infrastructure Partners (CIP) has confirmed to our sibling news site offshoreWIND.biz that it had submitted an application for a gigawatt-scale floating wind farm near the island of Bornholm in the Baltic Sea. The project, which could also include Power-to-X (green hydrogen) capabilities, would be Denmark’s first and the world’s largest wind farm of this …

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SIMEC Atlantis redeploys another MeyGen tidal energy turbine

SIMEC Atlantis Energy has reinstalled another tidal energy turbine for its flagship MeyGen project, marking a critical step in bringing the 6MW tidal array offshore Scotland to full power. Illustration/Andritz tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis) With the latest turbine now back in the water, and the AR1500 turbine continuing to exceed …

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NREL secures first patent for DEEC-Tec marine energy applications

Researchers from the National Renewable Energy Laboratory (NREL) have secured the first patent for distributed embedded energy converter technologies (DEEC-Tec), which relates specifically to the application of the technology in marine renewable energy. DEEC-Tecs can be built into numerous shapes, like snakes and balloons, to capture energy from a wide range of ocean environments (Illustrations …

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Port of Argentia forms JV with Torrent Capital targetting infrastructure investments

Newfoundland-based Port of Argentia and Torrent Capital have set up a joint venture company, Argentia Capital Inc, which will focus on the construction of port infrastructure, and investments in upcoming renewables and oil and gas projects. The establishment of the joint venture comes ahead of a host of new investments expected in the next five …

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