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Outlook & Strategy

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ABS ammonia aip
Outlook & Strategy

KOMAC’s ammonia-fueled containership design wins nod from ABS

Korea Maritime Consultants Co., Ltd. (KOMAC) has secured approval in principle (AiP) from the American Bureau of Shipping (ABS) for its design of an ammonia-fueled containership. The 3,600-TEU vessel design aims to address what KOMAC forecasts will be as an increase in the market need for small-scal

about 3 years ago
EWP-EDF One power station in the Port of Jaffa, Israel (Courtesy of Eco Wave Power)
Outlook & Strategy

Eco Wave Power gets final government grant for wave energy plant in Israel

Eco Wave Power has received the final grant funding from the Israeli Ministry of Energy for its landmark ‘EWP-EDF One’ wave energy power station in the Port of Jaffa, marking the official completion of the project.

about 3 years ago
With license secured, NeuConnect to start major construction in coming weeks
Outlook & Strategy

With license in place, first UK-Germany energy link to start major construction

NeuConnect, the company behind the first energy link between the UK and Germany, has signed a license agreement with The Crown Estate, a step set to allow major construction work to begin this summer in the UK. Following negotiation and collaboration with The Crown Estate, the signed license agreeme

about 3 years ago
Illustration/Nova Innovation's turbine being deployed in Shetland (Courtesy of Nova Innovation)
Outlook & Strategy

New report looks into policy support for cost-effective delivery of wave and tidal stream power

The University of Edinburgh’s Policy and Innovation Group has released a new report which quantified the specific policy support mechanisms, and the associated costs, that will be required to accelerate the wave and tidal stream energy sectors towards commercial deployment.

about 3 years ago
thyssenkrupp’s hydrogen business receives €526 million boost
Outlook & Strategy

thyssenkrupp’s hydrogen business receives €526 million boost

German-based engineering company thyssenkrupp has floated its hydrogen business thyssenkrupp nucera on the Frankfurt Stock Exchange (Prime Standard), supporting the company’s growth in the hydrogen market. Specifically, the gross proceeds from the IPO of around €526 million will go to thyssenkrupp n

about 3 years ago
Fugro to collect data off Norway needed for 'sustainable development of new marine industries'
Outlook & Strategy

Fugro to collect data off Norway needed for ‘sustainable development of new marine industries’

Fugro has been appointed to carry out a hydrographic survey offshore Norway to collect datasets that are said to be essential for the sustainable development of new marine industries such as offshore wind. The contract is the latest in a series that Fugro secured with the Norwegian Hydrographic Serv

about 3 years ago
Saudi Arabia and France form energy alliance, H2 and electricity in focus
Outlook & Strategy

Saudi Arabia and France form energy alliance, H2 and electricity in focus

Saudi Arabia and France have agreed to strengthen their cooperation in the field of energy, acknowledging that energy is one of the main pillars of their mutual long-term partnership. The two countries affirmed their commitments by signing a Memorandum of Understanding (MoU) on 2 February 2023. Both

about 3 years ago
CWEI and HPE staff at the Phase 3 tank testing in Cantabria, Spain (Courtesy of Carnegie Clean Energy)
Outlook & Strategy

Carnegie Clean Energy moves forward with EuropeWave project

Carnegie Clean Energy, through its wholly owned subsidiary CETO Wave Energy Ireland (CWEI), has applied to the tender for the third phase of EuropeWave project, requesting approximately €3.75 million to deliver a CETO wave energy prototype at a European test site.

about 3 years ago
Centrica and Delfin Midstream sign $8 billion LNG supply deal
Outlook & Strategy

Centrica and Delfin Midstream sign $8 billion LNG supply deal

U.K.-based energy company Centrica and U.S.-based LNG export infrastructure development company Delfin Midstream have entered a sale and purchase agreement (SPA) for 1 million tons per annum (MTPA) of LNG for 15 years on a free-on-board (FOB) basis at the Delfin Deepwater Port, located 40 nautical m

about 3 years ago
Aquasol floating solar pilot in Colombia (Courtesy of URRÁ)
Outlook & Strategy

Colombia launches 1.52MWp floating solar pilot

A 1.52MWp solar pilot, which uses the combination of floating and ground-mounted solar panels, has been inaugurated in Colombia’s region of Córdoba.

about 3 years ago
Kitimat LNG project in Canada close to 85% complete
Outlook & Strategy

Kitimat LNG project in Canada close to 85% complete

Kitimat LNG project in Canada is close to 85% complete overall and the first cargoes are on the horizon, LNG Canada, a joint venture of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and Korea Gas Corporation, has announced on its social media. While presenting the company’s mid-year update, Ja

about 3 years ago
The upgraded 'Turbine 2' for MeyGen project (Courtesy of SIMEC Atlantis)
Outlook & Strategy

MeyGen welcomes upgraded tidal energy turbine

SIMEC Atlantis Energy has redeployed a tidal energy turbine for MeyGen project, which underwent significant upgrades to improve performance and reliability.

about 3 years ago
Piombino regasification facility receives first commercial LNG cargo from Eni
Outlook & Strategy

Piombino regasification facility receives first commercial LNG cargo from Eni

Italy’s oil and gas company Eni has delivered an LNG cargo of 90 million cubic meters to the Snam (Italy’s energy company) regasification terminal in Piombino, Italy. Eni said the unloading operations took place following the completion of the test phase and mark the beginning of the terminal’s comm

about 3 years ago
Israel plans submarine power cable to Europe, Egypt, Gulf countries
Outlook & Strategy

Israel plans submarine power cable to Europe, Egypt, Gulf countries

Israel’s Energy and Infrastructure Ministry is planning to construct a 150-kilometer submarine cable along the country’s Mediterranean coast that will connect to Europe with the possibility to connect to Gulf countries. Israeli State Council for Planning and Construction announced on 4 July it will

about 3 years ago
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