The decision to expand a company’s remit and move into an unknown sector can often be problematic.
A Norwegian emission-free ferry called the Ampere was granted the esteemed “Ship of the Year” award as the SMM trade show in September 2014. The ferry is reportedly the first all-electric battery-powered car and passenger ferry in the world. The battery-powered vessel, with a comfortable capacity of 120 cars and 360 passengers operating at about 10 knots, is apparently in service 365 days per year.
Grid parity appears set to be a reality of the near future globally. United Arab Emirates claims to have started producing solar energy at costs equal to power it generates using oil and gas. WAM, the official news agency of UAE, has reported the development.
Meeting the basic energy needs of the world's population is a major challenge for contemporary society. The emergence of developing countries, population growth and the increasing scarcity of fossil fuel resources mean that renewable energy has become the priority in the energy transition race.
Statoil orders extensive KONGSBERG technology delivery for Johan Sverdrup field worth approximately 200 mill NOK
In the most recent of this year’s innovations in wind farm turbine engineering, Professor Eric Loth of the University of Virginia has started building a small-scale prototype of a wind turbine, modelled on palm fronds, with blades that face downwind.
Vistem, a provider of game-changing technology to the oil and gas industry, has launched an innovative mobile access platform for the offshore sector that is set to bring significant cost, time and safety benefits to clients.
Scientists in Bath claim to have found a way to replace one of the world's most controversial fuels with oil made from yeast.
eDrilling has announced that they have launched a simulator for drilling and well engineering and training of all engineering disciplines, to help the industry with efficient and safe well delivery.