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Outlook & Strategy

Orbital Marine Power’s floating tidal energy turbine nears splash in US waters

Scotland-based renewable energy company Orbital Marine Power has been confirmed as the technology partner for Orcas Power & Light Cooperative (OPALCO)’s proposed site off Blakely Island in Rosario Strait, Washington State. Building on a memorandum of understanding (MOU) signed in 2021, the news foll

about 2 years ago

Outlook & Strategy

Uniper to add 120 MW green hydrogen capacity to its Humber project in UK

German energy company Uniper has outlined plans for the expansion of its Humber H2ub project at the Killingholme site in the Humber region of the UK to include green hydrogen. The company revealed that the Humber H2ub (Green) includes plans for an initial electrolytic hydrogen production capacity of

about 2 years ago

Outlook & Strategy

Thyssenkrupp and Fraunhofer forge ties on SOEC technology for large-scale hydrogen production

Thyssenkrupp nucera, the hydrogen business of German-based engineering company thyssenkrupp, and the German Fraunhofer Institute for Ceramic Technologies and Systems (IKTS) have agreed on a strategic partnership in solid oxide electrolyzer cell (SOEC) technology for large-scale hydrogen production.

about 2 years ago

Biofuel-powered vessel joins DEME subsidiary's fleet

Outlook & Strategy

Biofuel-powered survey vessel joins DEME subsidiary’s fleet

Following conversion, DEME Group’s subsidiary G-tec has welcomed a new survey vessel that can completely run on biofuel to its fleet. The survey vessel Karina is equipped with a hull-mounted dual-head multibeam, side scan sonar, sub-bottom profilers, magnetometers and gradiometers frames to serve va

about 2 years ago

FILE PHOTO: A man walks past the Larsen and Toubro (L&T) head office in Mumbai, India, September 2, 2021.

Outlook & Strategy

Larsen & Toubro wins $73M EPC contract for 100 MW floating solar project in India

New Delhi-based Solar Energy Corporation of India (SECI) has awarded Larsen & Toubro (L&T) with a five-year engineering procurement and construction (EPC) contract for a floating solar project to be built at Getalsud Dam in Ranchi in eastern India’s state of Jharkhand. The contract, which is worth

about 2 years ago

Outlook & Strategy

Tadek backs Magallanes Renovables in delivering its first commercial-scale tidal energy array

Spanish tidal energy developer Magallanes Renovables has partnered up with Tadek Ocean Engineering for support related to its first commercial-scale tidal energy array. Magallanes secured two contracts in Contracts for Difference (CfD) allocation rounds – the first at the Morlais Demonstration Zone

about 2 years ago

DSIC orders GTT tank design for two LNG carriers

Outlook & Strategy

Dalian Shipbuilding starts construction of CMES LNG carrier duo

China’s Dalian Shipbuilding Industry Company (DSIC) has officially started building two 175,000 cubic meter LNG carriers (LNGCs) for compatriot China Merchants Energy Shipping (CMES). The construction began on March 1 and 4 respectively, DSIC announced, noting that the LNGCs are the third and fifth

about 2 years ago

Outlook & Strategy

Shipping’s EU ETS costs could nearly triple due to Red Sea crisis, OceanScore says

The Red Sea shipping crisis could result in nearly tripled costs for shipping companies in 2024 due to significantly higher exposure to the EU Emission Trading System (EU ETS).

about 2 years ago

Outlook & Strategy

Oman LNG and Hitachi Zosen form methanation partnership

Oman LNG and Japanese engineering and technology company Hitachi Zosen Corporation have concluded a memorandum of understanding (MoU) to cooperate in the field of methanation as part of the carbon recycling, hydrogen, ammonia, and methanation collaboration between the Japanese and Omani governments.

about 2 years ago

Outlook & Strategy

Shearwater bags its fifth CCS survey in last two years

Norway’s Shearwater GeoServices is set to deliver a seismic survey for a carbon capture and storage (CCS) project in the UK during the summer. Shearwater secured a contract for Spirit Energy’s recent carbon storage license award by the UK’s North Sea Transition Authority (NSTA), located in the Morec

about 2 years ago

Outlook & Strategy

DOF to recycle Shell’s North Sea subsea infrastructure

DOF Group has secured a subsea engineering procurement removal and disposal (EPRD) contract with Norske Shell, a subsidiary of the UK-headquartered energy giant Shell, in the Atlantic region. DOF will deliver an integrated solution of project management, engineering, design, analysis and survey for

about 2 years ago

Outlook & Strategy

Yara invests in electrolysis technology firm to boost hydrogen production

As part of the ambition to decarbonize fertilizer production and enable the hydrogen economy, Yara Growth Ventures, an investment arm of Norwegian Yara International, has invested in Dynelectro, a Danish innovator that develops technologies to unlock the potential of solid oxide electrolysis (SOE).

about 2 years ago

Outlook & Strategy

HD Hyundai partners with 3M to insulate liquid hydrogen storage tanks

South Korean shipbuilding giant HD Hyundai and American multinational conglomerate 3M have signed an agreement to work on a joint research project focused on developing a high-performance vacuum insulation system for liquid hydrogen storage and transportation. The project will see 3M and HD Hyundai

about 2 years ago

Outlook & Strategy

ORE Catapult: 10 technology innovations key to 80% cost reduction of UK tidal energy

A new report by the Offshore Renewable Energy (ORE) Catapult has identified ten technology innovations, subsea hubs among others, that could result in an 80% cost reduction in tidal stream energy, making it lower than current nuclear energy prices if successfully commercialized. The ten technology i

about 2 years ago