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Outlook & Strategy

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FPSO Energean Power works at the Karish field offshore Israel; Source: Energean
Outlook & Strategy

Energean bids farewell to Egypt, Italy, and Croatia as assets fetch $945 million

Energean has set the divestment of its portfolio in Egypt, Italy, and Croatia in motion for an enterprise value (EV) of up to $945 million.

about 2 years ago
Illustration/C-Power’s wave energy-powered devices (Courtesy of C-Power)
Outlook & Strategy

Green Marine UK joins C-Power in demonstrating autonomous offshore power system

Scotland’s Green Marine (UK) has joined the U.S.-based C-Power’s Partner Engagement and Co-development (PEC) program to advance autonomous offshore power systems (AOPS).

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about 2 years ago
protectionism
Outlook & Strategy

Rising protectionism threatens global shipping, ICS says

The negative impact of protectionism is seen as one of the biggest emerging threats to global shipping.

about 2 years ago
PSV Sapura Ônix; Source: Seagems
Outlook & Strategy

Bermuda-based player gives Oslo stock exchange a go

Paratus Energy has shared its intention to list shares on Euronext Growth Oslo, followed by a planned uplisting to the Oslo Stock Exchange.

about 2 years ago
Topsoe, ABB and Fluor join forces for SOEC factory development in US
Outlook & Strategy

Topsoe, ABB and Fluor join forces for SOEC factory development in US

Topsoe, ABB and Fluor have formed an alliance to design a standardized concept for building Topsoe’s solid oxide electrolysis cells (SOEC) factory in Chesterfield, Virginia, U.S.

about 2 years ago
Pelaflex, floating platform technology. Source: Marine Power Systems
Outlook & Strategy

Marine Power Systems and Quoceant partner to advance Q-Connect in floating wind market

Welsh company Marine Power Systems (MPS) has joined Quoceant’s Offshore Wind Growth Partnership (OWGP) project to accelerate the development of Q-Connect technology into the floating offshore wind market.

about 2 years ago
Prysmian gives out €35M contract to expand submarine cable plant in Finland
Outlook & Strategy

Prysmian gives out €35M contract to expand submarine cable plant in Finland

Italian cabling giant Prysmian Group has awarded Finnish construction and development company YIT with a contract to build warehouse facilities at the production site for submarine cables in Kirkkonummi, Finland. Under the contract valued at approximately €35 million, YIT is in charge of the expansi

about 2 years ago
Norway
Outlook & Strategy

Norway and Singapore solidify green maritime collaboration

Maritime CleanTech and Ocean Hyway Cluster are partnering with Innovation Norway to enhance green maritime collaboration between Norway and Singapore.

about 2 years ago
Mitsubishi Shipbuilding nets orders for methanol-fueled RoRo cargo ships
Outlook & Strategy

Mitsubishi Shipbuilding nets orders for methanol-fueled RoRo cargo ships

Mitsubishi Shipbuilding has received orders from Toyofuji Shipping and Fukuju Shipping for methanol-fueled roll-on/roll-off (RoRo) cargo ships.

about 2 years ago
Dutch thermoplastic composite pipe producer welcomes €20M investment to boost growth
Outlook & Strategy

Dutch thermoplastic composite pipe producer welcomes €20M investment to boost growth

SENCO Hydrogen Capital, a private equity firm focusing on investments across the hydrogen and energy-in-transition value chain, has invested €20 million in Dutch manufacturer of innovative pipeline technology Strohm to boost the company’s growth trajectory. Made shortly after the first closing of SE

about 2 years ago
The Morlais landfall substation. Photo Credit: Menter Môn.
Outlook & Strategy

Inyanga Marine and Verdant Morlais to work on 4.9 MW tidal stream energy project in Wales

Inyanga Marine Energy Group and Verdant Morlais Ltd (VML) have inked a memorandum of understanding (MoU) to deliver a 4.9 MW tidal stream energy project at Morlais in Wales.

about 2 years ago
Two firsts for DeepOcean as it gets to work with Woodside in Senegal
Outlook & Strategy

Two firsts for DeepOcean as it gets to work with Woodside in Senegal

Norway-based ocean services provider DeepOcean has secured its first work with Australian energy giant Woodside Energy, entailing subsea inspection, maintenance, and repair (IMR) services to be performed at Senegal’s first offshore oil deepwater development. DeepOcean’s subsidiary Searov Offshore SA

about 2 years ago
Simply Blue Group secures land in Ireland for sustainable fuels project
Outlook & Strategy

Simply Blue Group secures land in Ireland for sustainable fuels project

Simply Blue Group has acquired land in Whitegate, adjacent to Ireland’s only oil refinery, as part of its plans to develop a renewable energy park to produce sustainable fuels.

about 2 years ago
Signing ceremony; Source: Worley
Outlook & Strategy

Australian player’s assistance to bring BP millions in savings

BP has formed a strategic alliance with Australia’s Worley to streamline operations and improve organization across its global site projects.

about 2 years ago