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DNV Awards World-First Abate-Ready Notation for Jackup Unit

Vahana Aryan, the flagship vessel of the Dubai-based Vahana Marine Solutions DMCC, has become the first jackup unit to receive DNV’s Abate-Ready notation. The Abate notation is designed to assist the owners and operators of offshore units to identify and implement measures which can lead to reductions in greenhouse gas (GHG) emissions.

DNV Awards World-First Abate-Ready Notation for Jackup Unit

FLOWIN Forward: Nine Teams Advance to Phase Two of the First Wind Energy Prize

With nine Phase One winners named, the first phase of the three-phase American-Made FLoating Offshore Wind ReadINess (FLOWIN) Prize has concluded, kicking off Phase Two. Each Phase One winner will receive $100,000 in cash and $75,000 in vouchers for technical support provided by the U.S. Department of Energy’s national laboratories, along with an invitation to compete in Phase Two of the competition.

FLOWIN Forward: Nine Teams Advance to Phase Two of the First Wind Energy Prize

Israel Sign Agreement for First-Ever Wave Energy Power Project with Eco Wave Power

Eco Wave Power Global AB announces it (through its EWP-EDF One subsidiary) has entered into an official Power Purchase Agreement with the Israeli National Electric Company (“IEC”), based on the official Feed-in Tariff (“FIT”) which was set for the Company’s newly-installed wave energy project (“EWP-EDF One Project”) at the Port of Jaffa in Tel Aviv, Israel, by Israel’s Electric Authority (IEA).

Israel Sign Agreement for First-Ever Wave Energy Power Project with Eco Wave Power

Aker BP and OMV Awarded License for CO2 Storage

Aker BP and OMV (Norge) AS have entered into a collaboration agreement for carbon capture and storage (CCS) and have been awarded a license in accordance with the CO2 Storage Regulations on the Norwegian Continental Shelf (NCS).

Aker BP and OMV Awarded License for CO2 Storage

Gulf of Mexico Oil and Gas Lease 259 Sale Results Announced

As required by Congressional direction in the Inflation Reduction Act of 2022, the Bureau of Ocean Energy Management (BOEM) held Gulf of Mexico Lease Sale 259, which generated $263,801,783 in high bids for 313 tracts covering 1.6 million acres in federal waters of the Gulf of Mexico.

Gulf of Mexico Oil and Gas Lease 259 Sale Results Announced

Aker Solutions and Principle Power Win US Floating Wind Prize

Aker Solutions and Principle Power have been awarded a US Floating Offshore Wind Readiness Prize which will set forth an ambitious vision to establish a sustainable and competitive domestic supply chain ecosystem to deliver floating offshore wind projects in the United States.

Aker Solutions and Principle Power Win US Floating Wind Prize
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