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Outlook & Strategy

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Inseanergy's floating solar unit (Courtesy of Inseanergy)
Outlook & Strategy

Norway’s aquaculture companies line up for Inseanergy’s floating solar units

Norway-based company Inseanergy has made agreements with several aquaculture industry players to supply them with floating solar units and boost their energy transition efforts.

about 3 years ago
MMT-to-Carry-Out-Seabed-Surveys-at-Danish-Energy-Island-Site
Outlook & Strategy

Energinet and Elia launch tender for new North Sea interconnector

Danish and Belgian transmission system operators (TSOs) Energinet and Elia have issued a contract notice seeking environmental engineering consultancy services for the development of the subsea cable route for a new interconnector project in the North Sea. Elia and Energinet are developing the Trito

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about 3 years ago
IOG sketches well plan for North Sea gas project
Outlook & Strategy

IOG sketches well plan for North Sea gas project

UK-headquartered IOG plc is planning to drill the second Blythe production well directly after the Southwark A1 well in the first half of 2023 as part of the Saturn Banks Project – Phase 1 in the UK Southern North Sea. In an announcement from 22 December, IOG stated that all subsea work had been com

about 3 years ago
LNG carrier
Outlook & Strategy

VV: 2022 saw over 160 LNG carriers ordered, with Japanese owners leading the pack

This year saw an ordering spree for LNG carriers amid spiking demand for LNG driven primarily by the ongoing geopolitical turbulence in Europe as the EU battles to break away from dependence on Russian gas instigated by Russia’s war in Ukraine. A total of 162 new orders have been placed so far this

about 3 years ago
Mediterranean Gas completes ARGO FSRU market test
Outlook & Strategy

Mediterranean Gas completes ARGO FSRU market test

Greek energy utility company Mediterranean Gas has completed the first phase of the market test for the expression of interest and capacity allocation for the ARGO FSRU terminal in Volos. According to Mediterranean Gas, an expression of interest was submitted by Greek and international companies, wh

about 3 years ago
Italian developer aims to pair green hydrogen with floating offshore wind
Outlook & Strategy

Italian developer aims to pair green hydrogen with floating offshore wind

An Italian company specialising in producing green hydrogen using renewable energy sources has applied for a maritime concession to build a 675 MW floating offshore wind farm in the Strait of Sicily.

about 3 years ago
Lime Petroleum buys stake in Repsol’s North Sea field
Outlook & Strategy

Lime Petroleum buys stake in Repsol’s North Sea field

Lime Petroleum, a Norwegian subsidiary of Singapore’s Rex International, has completed the acquisition of a stake in the Repsol-operated Yme field located offshore Norway. Lime Petroleum entered into a sale and purchase agreement with Kufpec Norway in August for the acquisition of a 10 per cent inte

about 3 years ago
FORWARD2030 project illustration (Courtesy of Laborelec)
Outlook & Strategy

Final battery order placed for tide-turning FORWARD2030 project

Engie’s Laborelec has placed the final order for a storage solution to Entech Smart Energies as part of the FORWARD2030 project, whose aim is to develop a multi-vector energy system and further advance floating tidal energy technology.

about 3 years ago
Germany allocates €62 million for construction of three LNG bunkering ships
Outlook & Strategy

Germany allocates €62 million for construction of three LNG bunkering ships

Germany’s Federal Ministry of Economics and Climate Protection (BMWK) has decided to fund the construction of three LNG bunkering ships with a total of around €62 million. The three ships, each with a capacity of 4,500 cubic metres, will be constructed by shipbuilder Flensburger Schiffbau-Gesellscha

about 3 years ago
Kanfer Shipping
Outlook & Strategy

Kanfer teams up with CB Fenton to create LNG bunkering hub in Panama

CB Fenton, part of Ultramar (Chile), and Norwegian small-scale LNG sea transport and bunkering vessels developer Kanfer Shipping have signed a Memorandum of Understanding with the aim of establishing a hub for LNG bunkering and small-scale LNG distribution in/out of Panama. The duo is now seeking a

about 3 years ago
Minesto's Dragon 4 tidal energy device (Courtesy of Minesto)
Outlook & Strategy

Minesto sets up O&M hub with port access for large-scale tidal power buildout

Swedish tidal energy company Minesto has signed a long-term lease agreement for strategic port access and onshore operations and maintenance (O&M) work site in the Faroe Islands.

about 3 years ago
Seadrill to buy Aquadrill for $958 million
Outlook & Strategy

Seadrill enters $958 million deal to acquire Aquadrill

Offshore drilling contractor Seadrill has entered into an agreement to acquire Aquadrill, formerly known as Seadrill Partners, in an all-stock transaction that values the UK firm at $958 million. Following completion, Seadrill shareholders and Aquadrill unitholders will respectively own 62 per cent

about 3 years ago
Uniper and partners plan new import terminal for green gases in Wilhelmshaven
Outlook & Strategy

Uniper and partners plan new import terminal for green gases in Wilhelmshaven

German energy major Uniper has partnered with compatriot public seaports operator Niedersachsen Ports (NPorts) and green hydrogen provider Tree Energy Solutions (TES) for a new large joint import terminal for green gases in Wilhelmshaven. On the sideline of the opening ceremony for the first German

about 3 years ago
EHB studies future demand and supply of hydrogen in Europe
Outlook & Strategy

New chairwomen of EHB consortium come from Gasgrid and Enagas

Sara Kärki from transmission system operator (TSO) Gasgrid Finland and Maria Sicilia from TSO Enagás are the two new chairwomen of the European Hydrogen Backbone (EHB) consortium. “Hydrogen is a key technology for diversifying energy supply, improving energy security and resilience of the European e

about 3 years ago