ADC Energy, an Aberdeen-based offshore rig inspection firm, has announced the completion of a trial with "a major rig owner" that found that an upgrade to Dynamically Positioned (DP) rigs power systems can reduce carbon emissions by nearly 5,000 tonnes per year. "Typical DP drilling units operate in HV split-bus, or open-bus, configuration with the... Continue Reading →
Green hydrogen to account for 20% of European power demand by 2050 -Statkraft
(Reuters) - Hydrogen produced from renewable energy sources will account for 20% of Europe's power consumption in 2050, and for 10% globally, a report published by Norwegian power company Statkraft on Thursday showed. Green hydrogen is produced by splitting water molecules with a current of renewable electricity in electrolysers. The gas is touted as a... Continue Reading →
Bourbon embarks on fleet transformation with 40 crew transport vessels in the works
French vessel owner and offshore services provider Bourbon has revealed plans to build 38 more new units after the first two crew boats from its new Bourbon Surfer-200X series completed their sea trials. Bourbon’s two new crew transport vessels in the Surfer-200X series have completed their sea trials off the Normandy coast in France. The vessels will... Continue Reading →
Shearwater unveils seismic source technology for deeper imaging
Norwegian seismic exploration company Shearwater GeoServices has unveiled a new seismic source technology for enhanced subsurface characterization known as Harmony. The technology provides seismic surveys with enhanced low frequencies enabling better decisions for exploration, development, and carbon storage monitoring applications, Shearwater said. According to the company, Harmony has multiple applications, as it provides deeper seismic... Continue Reading →
Iberdrola to Splash $8.24B on Giant Offshore Wind Farm Project in North Sea
Global wind power leader Iberdrola will pour six billion pounds ($8.24 billion) into a wind farm complex in the North Sea off the east coast of Britain, in its biggest project investment worldwide, it said on Monday. Iberdrola said in a statement it would foot the bill for the East Anglia Hub site, whose soaring... Continue Reading →
World’s Largest: Kincardine Floating Wind Farm Fully Operational
Kincardine floating offshore wind farm, located 15 km off the coast of Aberdeenshire, is now fully operational, Principle Power, a company that designed the 50MW wind farm's semi-submersible foundations, said Tuesday. The project, the world's largest of the type, consists of five Vestas V164-9.5 MW and one V80-2 MW turbine, each installed on WindFloat semi-submersible platforms... Continue Reading →
TechnipFMC targets composite pipe tech with Magma Global buy
TechnipFMC has completed the acquisition of outstanding shares of Magma Global with an aim to accelerate the development of composite pipe technologies for conventional energy and CO2 applications. TechnipFMC originally acquired an interest in Magma in 2018, combining its experience in flexible pipe technology with Magma’s composite capabilities to develop a disruptive composite pipe solution... Continue Reading →
World must triple clean energy investment by 2030 to curb climate change -IEA
(Reuters) - Investment in renewable energy needs to triple by the end of the decade if the world hopes to effectively fight climate change and keep volatile energy markets under control, the International Energy Agency (IEA) said on Wednesday. "The world is not investing enough to meet its future energy needs ... transition‐related spending is... Continue Reading →
Offshore Drilling Firm Transocean Sets Emissions Reduction Target
Offshore drilling firm Transocean has committed to reducing operating Scope 1 and Scope 2 greenhouse gas emissions intensity by 40% from 2019 levels by 2030. “Globally, almost one billion people lack access to electricity, and all of us desire reliable and affordable sources of energy that help improve our daily lives. As such, we believe... Continue Reading →
Construction begins on multi-megawatt scale baseload H2 power plant in French Guiana
(H2Tech) Ballard Power Systems unveiled that its partner, Hydrogene de France (HDF Energy), commenced construction of the CEOG Renewstable Power Plant (CEOG) in French Guiana. CEOG is the world's first multi-megawatt, baseload hydrogen power plant, and the largest green hydrogen storage of intermittent renewable electricity sources. Also, CEOG is the first order for a new... Continue Reading →