Energy

Ørsted, the global leader in offshore wind energy, is the first energy company in the world to have its net zero commitment validated by the Science Based Targets initiative (SBTi). One of only seven companies globally, Ørsted’s 2040 decarbonization plan was endorsed as part SBTi’s new net zero standard.

Elogen, a GTT group company, announces that its unique membrane electrolyser technology has been selected by Storengy, as part of the HyPSTER project, to store green hydrogen produced from renewable energies. Elogen will design and produce the 1MW PEM (Proton Exchange Membrane) electrolyser and will install its technology in 2022 at the Etrez site. 

The transmission system operator TenneT presented a technological innovation that can significantly accelerate offshore grid expansion for wind power in the North Sea. With the wind power booster, six gigawatts of offshore capacity can be realised three years earlier. For comparison: six gigawatts of capacity correspond to six large power plants.

ExxonMobil and Pertamina, the state-owned energy company for Indonesia, today signed a Memorandum of Understanding (MoU) to evaluate the potential for large-scale deployment of low-carbon technologies in Indonesia. The MoU was signed near Glasgow, Scotland, where world leaders have gathered to discuss climate policies during COP 26.

Equinor has entered into an agreement with Eni to sell a 10% interest in the Dogger Bank Wind Farm C project in the UK.

The technology group Wärtsilä will supply a 25 MW / 27 MWh advanced energy storage system for Bahamas Power and Light Company (BPL).

STATS Group has established a new Australian entity and will invest up to $AUD 2 million (£1 million) in workshop facilities and intervention equipment to support its drive in the country’s pipeline integrity market.

Equinor, the leading developer in floating offshore wind has designed a new floating wind concept that will enable industrial standardisation and maximise opportunities for local supply chains.

Equinor, with partners PGNiG Upstream Norway and Longboat Energy Norway, has found oil in exploration well 6407 / 1-9 - Egyptian Vulture. Preliminary estimates show that between 3 and 10 million standard cubic meters of recoverable oil equivalents have been proven in the well, corresponding to 19-62 million barrels.

After two days of doing business, networking, celebrating innovation, and making new connections and collaborations, the 14th edition of Offshore Energy Exhibition & Conference 2021 (OEEC) can look back at a fruitful and inspiring event. The event brought together over 350 exhibitors and 5.000 visitors at the Home of Energy Transition in the RAI Amsterdam. Next year Offshore Energy Exhibition & Conference takes place on November 29-30, 2022.

Scottish firm FoundOcean has announced today that it has joined Venterra Group – a new wind energy services company, bringing together the expertise of three trusted names in offshore energy.

The Science Based Targets initiative (SBTi) has launched the Net-Zero Standard as the world’s only framework and leading standard for aligning corporate net-zero targets with climate science. As part of the launch, Ørsted’s 2040 net-zero full value chain decarbonization target has now been validated as science-based.