Energy

Pioneering wave and floating wind energy project Western Star is arriving off Ireland’s West Coast, providing a portent for future marine renewables.

A new study commissioned by the North Carolina Department of Commerce shows the state can significantly contribute to the U.S. offshore wind supply chain and grow its economy as offshore wind demand increases along the East Coast.

The Business Network for Offshore Wind has released its annual U.S. Offshore Wind Market Report & Insights. The report identifies 2021 as a year of defining consequences for the U.S. offshore wind industry.

Vysus Group (formerly Lloyd’s Register Energy - LR), a global engineering and technology consultancy, has secured a contract with the international services company, Aibel, which was awarded a five-year portfolio agreement with Equinor for major project activities to be performed at Oseberg Field Center.   

Pursuant to the engineering coordination permit from the Municipality of Tel-Aviv Jaffa (permit number 2020-3249) Eco Wave Power (EWPG Holding AB), has officially commenced preparation works for installation of floaters on the sea wall of the Port of Jaffa, Israel.

Equinor has closed the agreement to sell a 10% interest in Dogger Bank A (1,200 MW) and Dogger Bank B (1,200 MW) assets to Eni.

Global liquefied natural gas (LNG) trade increased to 360 million tonnes in 2020, according to Shell’s latest annual LNG Outlook published on February 25, 2021, despite the unprecedented volatility caused by the COVID-19 pandemic which resulted in lockdowns around the world.



Aker Solutions has signed a front-end engineering and design (FEED) contract with Empire Offshore Wind LLC to study the design and delivery of concrete foundations for the wind turbine generators (WTG) for the planned Empire Wind project in New York. Empire Wind is being developed by Equinor and BP through their 50/50 strategic partnership in the U.S.

Europe’s offshore wind sector enjoyed a record $31 billion of investment in 2020.

Eco Wave Power (EWPG Holding AB) a Swedish-Israeli wave energy developer, won the public voting for the Global Innovation Award, in the “Life Under Water” category at Abu Dhabi Sustainability Week. The company’s innovative wave-to-energy solution generates clean electricity from ocean and sea waves.

Canada’s Ocean Supercluster announces three new projects with a total value of $12 million from its Accelerated Ocean Solutions Program (AOSP) stream.

The Covid-19 downturn has once again caused employment rates to plummet in the oil and gas industry.