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Outlook & Strategy

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Damen
Outlook & Strategy

Damen embarks on a pilot project for circular ship recycling

Dutch Damen Shipyards Group is launching a pilot project in which a small tug will be dismantled at Damen Shiprepair Rotterdam’s Botlek site in a circular way and entirely in line with EU regulations.

about 2 years ago
Greece and Saudi Arabia to launch studies for potential electricity interconnector
Outlook & Strategy

Greece and Saudi Arabia to launch studies for potential electricity interconnector

Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) and Saudi Arabia’s National Grid Saudi Electricity Company have decided to kick off technical and economic studies for an electricity interconnector between the two countries. The launch of the technical and econ

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about 2 years ago
Plug Power’s hydrogen buildout reaches new heights
Outlook & Strategy

Plug Power’s hydrogen buildout reaches new heights

U.S. Plug Power has reached nameplate capacity at hydrogen plants in Georgia and Tennessee, marking a milestone for the company’s hydrogen network.

about 2 years ago
Danish wave energy firm launches crowdfunding campaign, aims to raise up to €1.5M
Outlook & Strategy

Danish wave energy firm launches crowdfunding campaign, aims to raise up to €1.5M

Danish company Wavepiston has launched a crowdfunding campaign with the ambition of raising up to €1.5 million that will be used for its wave energy technology. The €1.5 million expected to be raised in 2024 will be instrumental in further demonstrating and commercializing the wave energy technology

about 2 years ago
Illustration; Source: U.S. Energy Information Administration (EIA)
Outlook & Strategy

Start-up of three LNG projects paving the way for rise in US natural gas trade

A further growth in natural gas trade is expected thanks to three new LNG export projects, which are slated to come online by the end of next year.

about 2 years ago
Japanese firm nets batteries order for large-scale hydrogen project
Outlook & Strategy

Japanese firm nets batteries order for large-scale hydrogen project

NGK INSULATORS has received a NAS batteries order from BSES, a subsidiary of German BASF, for a large-scale green hydrogen production project, developed by German HH2E.

about 2 years ago
Uniper and SKW Piesteritz pen ammonia and hydrogen partnership
Outlook & Strategy

Uniper and SKW Piesteritz pen ammonia and hydrogen partnership

Uniper and SKW Piesteritz have signed an agreement to support each other in the supply, production and logistics of ammonia and hydrogen derivatives.

about 2 years ago
PXGEO buys UK subsea services company
Outlook & Strategy

PXGEO buys UK subsea services company

Marine geophysical service provider PXGEO has acquired UK-based subsea services company Modus Subsea Services, boosting its autonomous subsea offering. Modus Subsea Services provides offshore life-of-field support services specializing in autonomous subsea operations using underwater intervention dr

about 2 years ago
FPSO Baobab Ivoirien MV10; Source: Svenska
Outlook & Strategy

US company adds ‘sizeable producing asset’ to its African oil portfolio with acquisition of Swedish company

Vaalco Energy has acquired Svenska Petroleum Exploration, enriching its asset portfolio with an offshore block in Côte d’Ivoire, West Africa.

about 2 years ago
Equinor, Aker BP and Vår Energi among applicants for Norwegian CO2 storage licenses
Outlook & Strategy

Equinor, Aker BP and Vår Energi among applicants for Norwegian CO2 storage licenses

Eight companies have submitted their applications to the Norwegian Ministry of Energy for CO2 storage licenses for two areas on the Norwegian Continental Shelf (NCS). Aker BP, Equinor Low Carbon Solution, Lime Petroleum, Northern Lights JV, OMV (Norge), PGNiG Upstream Norway, Vår Energi and Wintersh

about 2 years ago
Actis-Fortescue consortium to work on large green hydrogen project in Oman
Outlook & Strategy

Actis-Fortescue consortium to work on large green hydrogen project in Oman

A consortium between Actis and Fortescue has been awarded the rights to develop, build, own and operate a large green hydrogen project in Oman.

about 2 years ago
CO2 storage licenses in English Channel up for grabs
Outlook & Strategy

CO2 storage licenses in English Channel up for grabs

UK regulator North Sea Transition Authority (NSTA) has launched a competitive process inviting applications for CO2 appraisal and storage licenses in an area of the English Channel. The licenses, for which the competitive process was opened on April 30, grant exclusive rights for the exploration and

about 2 years ago
Works at full speed at New York's 1.25 GW subsea HVDC link
Outlook & Strategy

Works at full speed at New York’s 1.25 GW subsea HVDC link

DeepOcean has completed its first campaign under a contract with NKT for the provision of subsea construction support for a subsea HVDC cable that will link the Canadian border and New York. DeepOcean reported that its U.S. operation had wrapped up the first campaign for the Champlain Hudson Power E

about 2 years ago
Carnegie brings MoorPower demonstrator back to shore for maintenance
Outlook & Strategy

Carnegie brings MoorPower demonstrator back to shore for maintenance

Following the initial phase of operations offshore North Fremantle in Western Australia, Carnegie Clean Energy has brought its MoorPower demonstrator back to port for inspection and maintenance, with redeployment expected in several weeks. At the beginning of the year, Carnegie deployed the MoorPowe

about 2 years ago