BP Backs Green Hydrogen Start-Up

(Reuters) BP has invested in a start-up company developing technology seeking to use vapour from heavy industry to sharply reduce the production costs of zero-carbon hydrogen. BP Ventures, the British energy giant's venture capital arm, was among several investors in a $12.5 million Series A financing in U.S.-based Advanced Ionics, the companies said on Tuesday.... Continue Reading →

Hexicon Names Max Ek as Interim CFO

Hexicon, a floating wind power technology developer, has appointed Max Ek as its interim Chief Financial Officer (CFO), succeeding Anders Rössel whose departure was announced in July.  Ek has during the past 2 years worked at Hexicon as Head of Business Controlling & Analysis and is very familiar with the company which gives a short... Continue Reading →

Operators ramping up AUV/ROV efforts offshore

(OM) A vast majority of operators and developers are investing in autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs) as they seek to optimize production, decrease emissions and enhance safety during operations. In a recent interview with Offshore, Oceaneering’s senior vice president of business development and chief commercial officer, Earl Childress, said, “Remote operations are continuously evolving... Continue Reading →

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