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Outlook & Strategy

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Outlook & Strategy

Dutch and Australians form marine energy partnership

Dutch Marine Energy Centre (DMEC) and Australian Ocean Energy Group (AOEG) have entered into formal collaboration with the joint goal to accelerate international development of the ocean energy industry.

about 4 years ago

Outlook & Strategy

UK offshore workers down tools over pay dispute

UK’s Unite the union has confirmed that around 146 offshore workers have opted to take strike action due to a dispute over pay and benefits.

about 4 years ago

Outlook & Strategy

World’s 1st circular ship dismantling yard wins EU backing

Circular Maritime Technologies (CMT), a Dutch startup targeting to automate shipbreaking processes, has secured an EU subsidy that would help the company take the project to the next stage of development. CMT said that it won a subsidy as part of the Kansen voor West III, a program largely financed

about 4 years ago

Outlook & Strategy

Issues at North Sea field cut down Norwegian player’s production outlook

Norwegian oil and gas company OKEA is reducing its production outlook for 2023 following news that limited production is expected from a field in which it had recently purchased a stake. Operator Wintershall Dea Norge informed OKEA that issues with the water injectors at the Nova field may limit its

about 4 years ago

Outlook & Strategy

Safe Bulkers returns to Alfa Laval for more scrubbers

Greek shipowner Safe Bulkers has placed an order for additional Alfa Laval PureSOx exhaust gas cleaning systems bringing the number of vessels to be fitted with the systems to 25. The company has just installed its 21st PureSOx scrubber, and four more retrofits are scheduled through the first half o

about 4 years ago

Outlook & Strategy

World’s first promotional platform for financing green hydrogen launched in Germany

German state-owned investment and development bank KfW has launched the world’s first financing platform for tailored financing of infrastructure for green hydrogen and its derivatives. Together with the Federal Ministry for Economic Cooperation and Development (BMZ) and the Federal Ministry for Eco

about 4 years ago

Outlook & Strategy

WATCH: ‘Record-breaking’ FPSO decom ops winding down in Norway

The semi-submersible heavy transport vessel Xin Guang Hua, owned by China’s COSCO Shipping, has completed the float-on and load-in operation of a floating, production, storage and offloading unit (FPSO) set to be decommissioned, an operation that is believed to have set a new world record. Xin Guang

about 4 years ago

Outlook & Strategy

CMES, BHP and DNV to share voyage data to cut maritime carbon emissions

China Merchants Energy Shipping (CMES), BHP and DNV have signed a Memorandum of Understanding (MOU) to collaborate on industry value chain greenhouse gas (GHG) management. The signing took place in conjunction with the second World Maritime Merchants Forum in Hongkong, organized by CMES. The MOU see

about 4 years ago

Outlook & Strategy

Maersk inks green methanol deal with Carbon Sink

Danish container shipping major A.P. Moller – Maersk has entered into a green methanol partnership with U.S.-based project developer Carbon Sink LLC. The parties have signed a Letter of Intent covering Carbon Sink’s development of green methanol production facilities in the United States. The first

about 4 years ago

L to R: Jeremy Smith; Keith Murray (Courtesy of QED Naval)

Outlook & Strategy

QED Naval collects over €1.7 million as tidal power picks up pace

QED Naval, a Scotland-based tidal energy company, has secured over €1.7 million of funding with 1,152 investors taking part in its Seedrs crowdfunding campaign.

about 4 years ago

Outlook & Strategy

EU forms ‘key energy partnership’ with Egypt at COP27 with focus on renewable hydrogen

The European Union (EU) and Egypt have taken a step further to bolster their cooperation on the clean energy transition by establishing a strategic partnership on renewable hydrogen. The EU and Egypt signed a bilateral memorandum of understanding (MoU) on a strategic partnership on renewable hydroge

about 4 years ago

MPS’ hybrid farm featuring offshore wind and wave energy technologies (Courtesy of MPS)

Outlook & Strategy

Marine Power Systems seeks design engineering help

Welsh company Marine Power Systems (MPS) is seeking a graduate design engineer to provide design support to its design and engineering team.

about 4 years ago

Outlook & Strategy

Germany’s first floating LNG terminal ready to welcome first FSRU in mid-December

Construction of Germany’s first floating liquefied natural gas (FLNG) terminal at the North Sea port of Wilhelmshaven has been completed as the country zeroes in on securing supplies and cutting dependence on Russian gas. The port infrastructure for the first LNG jetty was completed on 15 November a

about 4 years ago

Outlook & Strategy

TES joins forces with ECOnnect to accelerate gas import to Wilhelmshaven in record time

ECOnnect Energy has signed a contract with Tree Energy Solutions (TES) to deliver IQuay infrastructure for gas import to Wilhelmshaven port in twelve months in a bid to bolster Germany’s energy security. The contract follows the earlier announcement that the TES Wilhelmshaven gas import terminal was

about 4 years ago