The UK Government has awarded Vattenfall £9.3 million pounds ($11.5 million) in innovation funding to develop the world’s first hydrogen-producing offshore wind turbine, with the electrolyzer sited directly onto an existing operational turbine…
FastBlade, dubbed the world’s first rapid testing facility for tidal turbine blades, was officially opened in Fife, Scotland, on Friday as part of a partnership between the University of Edinburgh and Babcock.The facility will stress test blades…
McDermott International has said it has joined a group of industry experts focused on unlocking the potential for a hydrogen-led energy hub located at Bacton, Norfolk, UK. The UK North Sea Transition Authority (NSTA), previously known as the Oil and Gas Authority…
Following billionaire Vagit Alekperov's resignation as president and director of Russian oil major Lukoil earlier this week, the firm announced on Friday that Vadim Vorobyev would take over as interim president.Vadim Vorobyev currently serves as the first executive vice president of the company…
Russian oil giant Lukoil said Friday that Vagit Alekperov had resigned from his position as the President of Lukoil and from Lukoil's board of directors.'The respective notices of resignation were sent today to the chairman of the company’s board of directors…
The UK on Thursday announced sanctions, including a full asset freeze and travel ban, against seven oligarchs including Russian oil company Rosneft's CEO Igor Sechin and Gazprom's CEO Alexey Miller, over the Russian invasion of Ukraine.The…
The Net Zero Technology Centre, a UK-based organization previously known as Oil and Gas Technology Centre, has announced the launch of its 2022 Open Innovation Programme aimed at developing and deploying technologies that will reduce offshore emissions…
The UK government has launched an urgent review into how to reduce Britain's exposure to Russian gas imports and energy companies following the Ukraine's invasion, the Financial Times reported on Tuesday citing people familiar with the matter…
Norwegian offshore engineering and construction services firm Aker Solutions and the U.S.-based offshore energy industry equipment maker Dril-Quip have entered into a Collaboration Agreement to offer subsea injection systems for carbon capture…
BP – the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) – has awarded contracts as part of its dual Front End Engineering Design (FEED) competition to two separate consortiums of engineering, carbon capture licensors…
UK-based tidal energy technology firm Orbital said Wednesday it would qualify multiple applications for submission into the UK Government’s Allocation Round 4 (AR4) of the Contracts for Difference (CfD) scheme.'Following a series of good news stories for tidal energy commercialization in 2021…
Climate activists, including a former oil refinery worker, accused the UK government in the high court on Wednesday of illegally subsidizing fossil fuel producers through tax incentives which undermine its climate goals.Climate activists are…
Tidal energy firm Nova Innovation is set to receive an £800,000 investment from the UK Government, through the Energy Entrepreneurs Fund, to develop a low-cost, rapid turbine deployment and recovery solution that could unlock 100GW of tidal energy resources worldwide…
Global Energy Group (“GEG”), the Scottish-based energy services company has agreed on terms with offshore wind tower manufacturing specialist, Haizea Wind Group (“Haizea”), to build a £110m-plus (~$146 million) offshore wind tubular rolling facility at Port of Nigg…
Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oil field in the British North Sea, which became a lightning rod for climate activists seeking to halt the development of new oil and gas resources.Following 'comprehensive screening' of the Cambo field…
