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Outlook & Strategy

Shipping sector: EU ETS must adopt life-cycle approach on green fuels

Shipping organizations are urging politicians in the European Union to agree on a life-cycle approach of green fuels for the shipping industry in order to kick-start the necessary investments and deliver on the emission reduction targets from the Paris Agreement and the EU Green Deal. An open letter

about 4 years ago

Illustration/InfinityWEC wave energy farm (Courtesy of Ocean Harvesting Technologies)

Outlook & Strategy

Ocean Harvesting scores €2 million grant for wave energy device validation

Swedish company Ocean Harvesting Technologies has secured grant funding from the Swedish Energy Agency to perform sea trials of its InfinityWEC wave energy device.

about 4 years ago

Outlook & Strategy

Prysmian cables to link Greek islands

Prysmian has secured a circa €150 million contract with the Greek electricity grid operator Independent Power Transmission Operator (IPTO) for an interconnector that will link the islands of Milos, Folegandros and Santorini. The connection is part of Phase D of the Cyclades’ electrical interconnecti

about 4 years ago

Outlook & Strategy

Another Norwegian contractor gets more work on Johan Sverdrup

Aibel has secured an extension for maintenance and modification (M&M) work on the Johan Sverdrup field in the North Sea off Norway.

about 4 years ago

Outlook & Strategy

How do things stand for the oil & gas industry in the wake of COP27?

In the aftermath of COP27, many argue that very little progress was made on the phasing out of fossil fuels.

about 4 years ago

Illustration/Sabella's D10 tidal energy turbine being deployed in France (Courtesy of Sabella)

Outlook & Strategy

Ocean energy fit for a share of EU Innovation Fund’s €300B call under two topics

Under the recently opened €3 billion call for innovative next-generation low-carbon technologies as part of EU’s Innovation Fund, ocean energy technologies and projects have been specifically listed as eligible to apply for a share of €1 billion under two call topics.

about 4 years ago

The CorPower C4 wave energy device being prepared for deployment (Courtesy of CorPower Ocean)

Outlook & Strategy

CorPower Ocean completes C4 wave energy system assembly in Portugal

CorPower Ocean has completed the system integration of its first commercial scale wave energy converter, the CorPower C4.

about 4 years ago

Outlook & Strategy

BIMCO’s CII clause says time charterers should bare the brunt of ships’ emissions

BIMCO, the world’s largest international shipping association, has adopted a CII Operations Clause for Time Charter Parties which aims to help the industry implement new carbon intensity requirements from the International Maritime Organization (IMO). The regulations on the carbon intensity of inter

about 4 years ago

Outlook & Strategy

UK’s oil and gas tax changes to ‘hit industry hard’, OEUK warns

The UK offshore industry will be “hit hard” by the recent tax changes on oil and gas production, which threaten to drive out investors and drive up imports, leaving consumers increasingly exposed to global shortages, UK’s representative body for the offshore energy industry Offshore Energies UK (OEU

about 4 years ago

Outlook & Strategy

Port of Hamburg to house Germany’s first large-scale green energy import terminal

Industrial gas supplier Air Products and Oiltanking Deutschland, a subsidiary of energy company Mabanaft, plan to build Germany’s first large-scale, green energy import terminal in the Port of Hamburg. The companies have signed a joint development agreement as an important step towards the developme

about 4 years ago

The illustration of the 500kWp Merganser offshore floating solar system (Courtesy of SolarDuck)

Outlook & Strategy

Netherlands boosts industry consortium with €7.8M for offshore floating solar development

Dutch-Norwegian company SolarDuck and its consortium partners have received a €7.8 million project subsidy from the Netherlands Enterprise Agency (RVO) to develop, test and validate the Merganser floating solar energy platform in harsh North Sea weather conditions.

about 4 years ago

Outlook & Strategy

Morocco-UK power link attracts new investor

Conenergy, a Germany-based investor in the European energy industry, has joined the Xlinks Morocco-UK Power Project with a multi-million-pound investment. Xlinks and Conenergy have entered into a financial and strategic partnership to collaborate on the link that will offer an exclusive supply of re

about 4 years ago

Robert Heron, Verlume's product manager (Courtesy of Verlume)

Outlook & Strategy

Verlume rebrands energy management system and sets up new product manager role

Verlume, a specialist in clean energy system integration, intelligent energy management and energy storage, has appointed Robert Heron to the new role of product manager to help position the business for growth at scale.

about 4 years ago

Outlook & Strategy

Contractor chosen for BP’s compression platform project in Caspian Sea

A joint venture between KBR and SOCAR has been awarded a contract by BP for the delivery of an unmanned compression platform in Azerbaijan.

about 4 years ago