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Market Outlooks

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Fossil EnergyOil & GasBusiness & FinanceBusiness Developments & ProjectsOutlook & StrategyTransitionVisionClean FuelGreen MarineLNGDecommissioningOffshore WindAuthorities & GovernmentCollaborationEnvironmentExploration & ProductionInfrastructureInnovationRegulation & PolicyResearch & DevelopmentRules & RegulationTechnologyPropulsionEquipmentMarine EnergyTidal & Wave EnergyOther FuelsRigsShipbuildingVesselsFloating Solar
Aker BP to merge with Lundin Energy in bid to create leading E&P player of the future
Market Outlooks

Aker BP to merge with Lundin Energy in bid to create leading E&P player of the future

Aker BP plans to acquire Lundin’s oil and gas business, through a statutory merger, in a push to create a leading E&P company of the future.

about 4 years ago
Svanehøj hits record in orders due to LNG-fueled newbuilds increase
Market Outlooks

Svanehøj hits record in orders due to LNG-fueled newbuilds increase

Danish marine pump manufacturer Svanehøj says it has quadrupled its sales of fuel pump solutions in 2021 as a record year for new LNG-fueled shipbuilding contracts.

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about 4 years ago
UK’s regulator cheers new checkpoint expected to safeguard oil & gas industry future and help usher in energy transition towards net-zero
Market Outlooks

UK regulator cheers new checkpoint expected to safeguard oil & gas industry future and help usher in net-zero

The Oil and Gas Authority is supporting the launch of a new climate compatibility checkpoint for the oil and gas industry.

about 4 years ago
Echandia
Market Outlooks

Echandia opens UK hub to meet maritime battery systems demand

Swedish zero-emission energy systems provider Echandia has decided to open a business development hub in Aberdeen to serve the UK market.

about 4 years ago
Redeployment of Sabella's D10 tidal turbine (Courtesy of Sabella/Photo by Balao)
Market Outlooks

Sabella preps to launch €1.5M crowdfunding campaign

French tidal energy company Sabella has announced plans to launch a crowdfunding campaign to finance its tidal power research and project activities.

about 4 years ago
DNV CEO, Remi Eriksen
Market Outlooks

DNV expects oil & gas capex to shrink and offshore wind growth to trigger race for ocean space

An unprecedented race for ocean space is on the horizon driven by the exponential growth of offshore wind power. It is expected that by 2050 offshore wind will overtake the oil and gas sector and receive the largest investments in the Blue Economy while the oil and gas industry will shrink to only 2

about 4 years ago
TotalEnergies: LNG bunker market could reach 10 MTPA by 2025
Market Outlooks

TotalEnergies: LNG bunker market could reach 10 MTPA by 2025

The LNG bunker market could reach ten million tonnes a year by 2025, TotalEnergies Marine Fuels forecasts in its new white paper on marine transport energy transition.

about 4 years ago
Photo showing Orbital Marine’s O2 tidal energy turbine (Courtesy of Orbital Marine Power)
Market Outlooks

Orbital Marine set for tidal power delivery across UK

Scottish tidal energy company Orbital Marine Power has unveiled plans to qualify multiple applications for submission into the UK Government’s newly opened renewable energy auction round.

about 4 years ago
Photo showing SIMEC Atlantis' tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Market Outlooks

SIMEC Atlantis sells hydro business to step up focus on tidal

SIMEC Atlantis Energy has sold its hydro power subsidiary Green Highlands Renewables (GHR) for a total of €3.5 million in a move to simplify its business structure and increase focus on tidal and power station conversion businesses.

about 4 years ago
Valaris DS-12 drillship
Market Outlooks

John Fredriksen firm takes interest in Valaris

Billionaire John Fredriksen’s Seatankers Group has acquired an interest in Seadrill’s rival offshore drilling contractor Valaris.

about 4 years ago
Welsh renewables review puts spotlight on marine energy
Market Outlooks

Welsh renewables review puts spotlight on marine energy

The outcome of the Welsh government’s Deep Dive into Renewable Energy review into scaling up renewable energy deployment has been released, with a large number of recommendations particularly relevant to the marine energy sector.

about 4 years ago
Costamare
Market Outlooks

Costamare orders containership fleet

Greek shipping company Costamare has signed two shipbuilding contracts for the construction of a total of eight boxships.

about 4 years ago
Illustration (Courtesy of Deloitte)
Market Outlooks

Floating solar – an opportunity for all in the value chain, Deloitte finds

All energy ecosystem players have an opportunity to tap into floating solar industry’s emerging value, according to a new report by Deloitte.

about 4 years ago
MPVAqua project’s offshore floating solar innovation (Courtesy of Tractebel)
Market Outlooks

Industry majors streamlining offshore floating solar system for Belgian North Sea

Involving major offshore industry names – like DEME, Jan de Nul, and Tractebel – the MPVAqua research project is moving forward with the development of offshore floating solar concept, designed to withstand rough environment of the Belgian North Sea.

about 4 years ago