Latest News

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).

NKT has been awarded a supply contract for the delivery of the high-voltage DC on- and offshore export cable system to the Hornsea 3 project which is being developed by Ørsted. For NKT, the final order has an estimated contract value of approx. EUR 500m in market prices (approx. EUR 400m in std. metal prices).

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).

The MF Hydra is put into operation running on zero-emission hydrogen, which is groundbreaking in several ways. In addition to the major technology development, a great deal of work has also been done to develop rules and regulations to enable Norwegian passenger ships to run on hydrogen.

The global smart ports market is set to garner US$ 16 billion by 2033, surging ahead at 20.4% CAGR from 2023 to 2033. A smart port is an automated port that uses cutting-edge technologies such as artificial intelligence (AI), the internet of things (IoT), and blockchain to improve its operation.

Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

info@tscpublishing.com