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Outlook & Strategy

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Dr. Sultan Al Jaber, COP28 President
Outlook & Strategy

Will COP28 live up to the hype and establish an energy transition roadmap leaving no one behind?

The UAE plans to spearhead efforts at COP28 for a clear roadmap to step up net zero progress through “a pragmatic global energy transition.”

about 2 years ago
boat
Outlook & Strategy

World’s largest 3D-printed eco boat unveiled in the UAE

Al Seer Marine and Abu Dhabi Maritime, both based in the United Arab Emirates (UAE), have unveiled the world’s first 3D-printed water taxi.

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about 2 years ago
Illustration/Mocean Energy’s Blue X wave energy device offshore Orkney (Courtesy of Mocean Energy/Photo by Colin Keldie)
Outlook & Strategy

Mocean Energy steps up commercialization plans with new funding and investors on board

Scottish wave energy company Mocean Energy has raised €2.5 million in new equity, alongside €572,000 grant to drive the commercialization of its wave energy technologies, bringing Katapult Ocean and MOL Plus as new investors in the business.

about 2 years ago
French partners setting up research laboratory to boost large-scale green hydrogen production
Outlook & Strategy

French partners setting up research laboratory to boost large-scale green hydrogen production

Elogen, a GTT Group company specializing in PEM electrolysis, has signed a partnership agreement with the French National Center for Scientific Research (CNRS) and Université Paris-Saclay to create a joint research laboratory and accelerate large-scale green hydrogen production. The parties formed t

about 2 years ago
Prysmian
Outlook & Strategy

With new orders of €13 billion in the bag, Prysmian pinpoints energy transition and electrification as growth drivers

Prysmian Group has revealed strong results for the first nine months of 2023, with new orders year-to-date amounting to approximately €13 billion.

about 2 years ago
The 192MWp Cirata floating solar power plant (Courtesy of Sungrow FPV)
Outlook & Strategy

The largest floating solar power plant in Southeast Asia comes online

The 192MWp floating solar plant, developed by Indonesia’s state-owned utility company PLN and Abu Dhabi Future Energy Company – Masdar, has been put in operation at Cirata hydropower reservoir in West Java, Indonesia.

about 2 years ago
Makai's OTEC plant (Courtesy of Makai Ocean Engineering)
Outlook & Strategy

Makai Ocean Engineering teams up with Shell to advance OTEC tech

Makai Ocean Engineering has signed an agreement with Shell Technology – Marine Renewable Program to further develop and test potentially transformative proprietary technologies that advance the engineering and economic viability of an offshore ocean thermal energy conversion (OTEC) system.

about 2 years ago
Deep Wind Offshore Hy2gen green hydrogen offshore wind
Outlook & Strategy

Deep Wind Offshore and Hy2gen form green hydrogen partnership

Deep Wind Offshore has joined forces with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. “The combination of offshore wind and hydrogen has got massive potential. It is not possible to achieve net zero without green energy carriers, who will need a massive amount of renewa

about 2 years ago
Damen
Outlook & Strategy

Damen, Bawat strengthen ties in mobile BWMS

Damen Green Solutions and Bawat A/S have announced a new joint venture to develop and market “the world’s greenest” mobile BWMS.

about 2 years ago
Chevron, Angola government looking into lower carbon business opportunities
Outlook & Strategy

Chevron, Angola government looking into lower carbon business opportunities

Chevron New Energies, a Chevron U.S. division, and the government of Angola have signed a memorandum of understanding (MoU) to explore potential lower carbon business opportunities in Angola. The signature was hosted in October 2023 in Luanda, Angola, by Cabinda Gulf Oil Company Limited (CABGOC), Ch

about 2 years ago
UK oil & gas firm obtains approval to buy stake in two blocks off Angola
Outlook & Strategy

UK oil & gas firm obtains approval to buy stakes in Angolan offshore blocks

UK-headquartered Afentra, through its wholly-owned subsidiary Afentra (Angola) Ltd., has received approval from the Government of Angola for the acquisition of interests in two blocks offshore Angola from state-owned oil and gas company Sonangol. Afentra announced it had received the approval for th

about 2 years ago
MMA Offshore boosts its fleet with 2016-built multi-purpose support vessel
Outlook & Strategy

MMA Offshore boosts its fleet with 2016-built multi-purpose support vessel

MMA Offshore has acquired a 2016-built multi-purpose support vessel from Australia’s Guardian Offshore. The Offshore Solution is a European-built, 54-meter DP-2 multi-purpose support vessel fitted with two deck cranes, dual moon pools and accommodation for 42 people. According to MMA, it is suitable

about 2 years ago
Reach Subsea inks charter contract for low-emission survey vessel
Outlook & Strategy

Reach Subsea inks charter contract for low-emission survey vessel

Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine

about 2 years ago
Nexans to link Orkney Islands to Scottish mainland
Outlook & Strategy

Nexans to link Orkney Islands to Scottish mainland

SSEN Transmission has selected Nexans to supply and install the high-voltage cables that will provide a transmission link from the Orkney Islands to the Scottish Highlands. A capacity reservation agreement has been signed and Nexans has committed to reserve manufacturing and installation capacity fo

about 2 years ago