Nexans has opened the doors of a newly expanded section of its high voltage subsea cable plant in Norway for business to address the growing demand in the offshore wind and electrification segments of the global energy transition tale.
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Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.
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Petronas has inked an MoU with Sinopec to look into options for fostering security of supply while accelerating the low-carbon shift.
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Offshore Energies UK (OEUK) has called on all participants in the upcoming general elections to back the domestic energy sector, as this transition pathway is said to safeguard energy security and jobs while accelerating economic growth.
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Geopolitical instability, scalability of fuel production and retrofits to existing vessels are key factors impacting the shipping industry’s journey to net zero by 2050, according to the latest research published by classification society ABS.
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