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Outlook & Strategy

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The 24.5MWp floating solar project will be one the largest of its kind built in Europe (Courtesy of ECOwind Handels - & Wartungs)
Outlook & Strategy

BayWa r.e. starts construction of Austria’s largest floating solar plant

German renewable energy company BayWa r.e. has made progress on the construction of Austria’s largest floating solar power plant that will, once constructed, be able to supply 7,500 households with green electricity.

about 4 years ago
High subsea activity lifts DOF's figures up
Outlook & Strategy

High subsea activity lifts DOF’s figures up

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DOF Group has reported that its fleet achieved an average utilization of 88% in the third quarter of 2022, an increase from 83% in the same period last year, backed by “continued high activity and good performance” in subsea regions. In Q3 2022, DOF’s revenue totaled NOK 2,862 million, an increase f

about 4 years ago
DeepOcean charters 85-meter multi-purpose support vessel
Outlook & Strategy

DeepOcean charters 85-meter multi-purpose support vessel

DeepOcean has signed a charter agreement with shipowner Simon Møkster Shipping for the Stril Server multi-purpose support vessel (MPSV), set to be deployed in the renewables and oil & gas markets. Under the two-year agreement, Stril Server will provide subsea inspection, maintenance, and repair (IMR

about 4 years ago
Feasibility study launched for France-Belgium hydrogen transmission network
Outlook & Strategy

Feasibility study launched for France-Belgium hydrogen transmission network

French and Belgian energy infrastructure operators GRTgaz and Fluxys Belgium have decided to launch a feasibility study for the cross-border hydrogen transmission network, following a market call that raised interest from 17 companies. GRTgaz and Fluxys Belgium conducted consultations in France and

about 4 years ago
Aker BP gearing up to sanction multiple oil & gas projects in December
Outlook & Strategy

Aker BP gearing up to sanction multiple oil & gas projects in December

Aker BP is preparing to make FIDs and submit plans for development and operations (PDOs) for several oil and gas projects by year-end.

about 4 years ago
Odfjell
Outlook & Strategy

Odfjell: Shipping will have to compete heavily for alternative fuels

The discussion around the decarbonization of the shipping industry is moving into a new stage and the issue is no longer around whether to decarbonize, but rather how to decarbonize the sector as efficiently and sustainably as possible. The industry stakeholders know that they would need to transiti

about 4 years ago
Germany to deploy Excelerate’s FSRU from 2023
Outlook & Strategy

Germany to deploy Excelerate’s FSRU from 2023

The government of the Federal Republic of Germany has signed a five-year contract with the US-based liquefied natural gas (LNG) company Excelerate Energy to charter the floating storage and regasification unit (FSRU) Excelsior. The government chartered the FSRU to help provide energy security and su

about 4 years ago
Illustration/Sabella’s tidal turbine (Courtesy of Ocean Energy Europe)
Outlook & Strategy

Ocean Energy Europe applauds proposed EU target for ‘innovative’ renewable energy

An industry association representing European ocean energy sector, Ocean Energy Europe, has welcomed the new report which supports the European Parliament’s call for at least 5% of new renewable energy capacity to come from innovative renewable energy technologies.

about 4 years ago
Orbital Marine's O2 tidal energy turbine (Courtesy of Orbital Marine Power)
Outlook & Strategy

Orbital Marine invites geotechnical survey bids for tidal power projects

Scottish marine energy company Orbital Marine Power has launched a tender for the geophysical survey services at the site located offshore Orkney Islands.

about 4 years ago
Aker Carbon Capture’s modularized offshore facility wins DNV’s stamp of approval
Outlook & Strategy

Aker Carbon Capture’s modularized offshore facility wins DNV’s stamp of approval

DNV has qualified Aker Carbon Capture’s modularized offshore facility, which is expected to cut emissions from oil and gas production.

about 4 years ago
Bar LNG terminal will bring affordable and reliable supply to Balkan nations, LNG Alliance says
Outlook & Strategy

Bar LNG terminal will bring affordable and reliable supply to Balkan nations, LNG Alliance says

The upcoming liquefied natural gas (LNG) terminal in Bar, Montenegro, will serve Balkan countries, playing a crucial role as an LNG storage provider and distributor to provide energy security in the context of the current energy crisis, LNG Alliance said. Currently, there is no operating LNG termina

about 4 years ago
UK’s new PM urged to tackle ‘challenges of fuelling the future’
Outlook & Strategy

UK’s new PM urged to tackle ‘challenges of fuelling the future’

The UK’s new PM urged to strengthen energy security and scale up the transition to low-carbon and clean energy.

about 4 years ago
ICS proposes sustainability fund to IMO that would reward ships using alternative fuels
Outlook & Strategy

ICS proposes sustainability fund to IMO that would reward ships using alternative fuels

The International Chamber of Shipping (ICS) has submitted a refined proposal to shipping’s UN regulator seeking the establishment of a fund and reward system to accelerate the sector’s uptake of alternative fuels and its transition to a net zero future. The refined proposal combines elements from it

about 4 years ago
IMO Symposium
Outlook & Strategy

Should shipping bid for existing alternative fuels, or wait for technologies to mature?

in an environment where there is a scarcity of renewable fuels, the question arises whether it is a sustainable pathway for shipping to take a limited amount of renewable energy and apply it to an industry where you only get 25% utilization of what you’re starting with.

about 4 years ago