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Outlook & Strategy

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Energinet and Gasunie to cooperate on hydrogen infrastructure
Outlook & Strategy

Energinet and Gasunie to cooperate on hydrogen infrastructure

Danish energy company Energinet and Dutch gas infrastructure firm Gasunie have signed a memorandum of understanding (MoU) to accelerate the preparations for cross-border hydrogen infrastructure between Denmark and Germany.

about 4 years ago
TGS buys ION's multi-client and processing business
Outlook & Strategy

TGS buys ION’s multi-client and processing business

TGS has completed the transaction to acquire the multi-client and processing business of ION Geophysical Corporation, referred to as the E&P Technology and Services (EPTS) business. The acquisition includes all of ION’s global offshore multi-client data library, data processing and imaging capabilit

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about 4 years ago
mWave wave energy device under construction (Courtesy of Bombora Wave Power)
Outlook & Strategy

Bombora Wave Power scouts for marine ops services for mWave demonstrator

Bombora Wave Power is looking to appoint a contractor who would provide marine operations services for its mWave wave energy demonstration project.

about 4 years ago
UK regulator gives Centrica the go-ahead for gas storage project
Outlook & Strategy

UK regulator grants Centrica the go-ahead for gas storage project

Centrica has received the green light from the UK’s North Sea Transition Authority for a gas storage project in the Southern North Sea.

about 4 years ago
Viking Line opts for Elomatic’s solution to reduce energy consumption
Outlook & Strategy

Viking Line opts for Elomatic’s solution to reduce energy consumption

Finland-based shipping company Viking Line has decided to install a resistance-reducing solution on its Viking Grace ship in order to improve its energy efficiency. Viking Line has ordered the Elogrid solution from compatriot engineering and consulting company Elomatic for Viking Grace, which is the

about 4 years ago
Blue World Technologies
Outlook & Strategy

Blue World Technologies ready to scale up methanol fuel cell tech for maritime sector

The Bill Gates-founded investment fund Breakthrough Energy Ventures (BEV) has entered as an investor in Danish fuel cell company Blue World Technologies alongside Vaekstfonden, DEUTZ AG, and existing investors who invested back in December 2021 to complete the company’s €37 million series B round.

about 4 years ago
Floating solar unit at Banja reservoir, with mooring prepared for three additional rings (Courtesy of Ocean Sun)
Outlook & Strategy

Ocean Sun boosts half-year revenues

Norwegian floating solar company Ocean Sun has reported an increase in revenues for the first half of the fiscal year 2022, as opposed to the same period a year earlier.

about 4 years ago
DNV approves H2Carrier’s green ammonia floating production unit design
Outlook & Strategy

DNV approves H2Carrier’s green ammonia floating production unit design

Classification society DNV has issued approval in principle (AiP) to Norway-based H2Carrier for its industrial-scale concept for a floating production unit to produce green ammonia at sea, confirming the technical feasibility of the design. H2Carrier is the designer and owner of the proprietary P2XF

about 4 years ago
C-Job
Outlook & Strategy

C-Job: Large ocean-going ships are the perfect fit for nuclear propulsion

Large ocean-going vessels have the most potential for nuclear propulsion, a new research by Dutch ship design and engineering company C-Job Naval Architects shows.

about 4 years ago
SIMEC Atlantis’ tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Outlook & Strategy

MeyGen clears first CfD hurdle for extra 28MW of tidal power

SIMEC Atlantis Energy, the developer behind the MeyGen tidal power scheme, has achieved the first contractual milestone for the delivery of additional 28MW of tidal power capacity for the project as part of the UK’s fourth contracts for difference round.

about 4 years ago
Bureau Veritas releases new ‘biofuel ready’ notation for shipping industry
Outlook & Strategy

Bureau Veritas releases new ‘biofuel ready’ notation for shipping industry

French classification society Bureau Veritas (BV) has issued a new ‘biofuel ready’ notation to support the wider deployment of biofuels in the shipping industry. BV said that this notation will help the maritime industry address the main challenges related to the use of biofuels by ships, providing

about 4 years ago
Maersk
Outlook & Strategy

Maersk to operate its first green warehouse in Denmark

Danish shipping and logistics giant A.P. Moller – Maersk has unveiled plans to operate the company’s first low greenhouse gas (GHG) emissions contract logistics warehouse in Denmark.

about 4 years ago
Support for fossil fuels passed whopping $697 bln in 2021, delaying energy transition progress, says OECD and IEA
Outlook & Strategy

Support for fossil fuels passed $697 bln in 2021, delaying energy transition progress, says OECD and IEA

The IEA and the OECD outline in their new analysis that the backing for fossil fuels almost doubled in 2021, reaching $697.2 billion.

about 4 years ago
Two firms to pool resources for ‘large-scale industrial CCS project’
Outlook & Strategy

Two firms to pool resources for large-scale industrial CCS project

Neptune Energy has joined forces with Horisont Energi for the development of a large-scale carbon capture and storage project in Norway.

about 4 years ago