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Outlook & Strategy

To wean off Russian fossil fuels with green hydrogen, Europe needs to ramp up renewables

To phase out Russian fossil fuels and speed up its energy transition, using green hydrogen, Europe will need to step up renewable deployment.

about 4 years ago

Illustration/CETO wave energy array (Courtesy of Carnegie Clean Energy)

Outlook & Strategy

Carnegie unveils wave energy product validation roadmap

Carnegie Clean Energy has released its new product validation roadmap for its primary CETO and MoorPower technologies, alongside additional products Wave Predictor and Mooring Tensioner.

about 4 years ago

Outlook & Strategy

Norwegian seismic majors reveal plan to combine in $237 million deal

Norwegian seismic data company TGS has made an offer to buy compatriot Magseis Fairfield in a deal that values the seismic player at NOK 2.33 billion (approximately $237 million). The two companies entered into a transaction agreement whereby TGS, on and subject to certain terms and conditions, will

about 4 years ago

Norsk Solar CFO to take over the same role at Eidesvik

Outlook & Strategy

Norsk Solar CFO to start work in same role at Eidesvik

Eidesvik Offshore has appointed a new Chief Financial Officer (CFO), who is expected to join the company within the next few months.

about 4 years ago

Outlook & Strategy

EIG appoints new CEO of its LNG company MidOcean Energy

U.S.-based energy and infrastructure investor EIG has appointed a new chief executive officer (CEO) of its LNG company MidOcean Energy.

about 4 years ago

Outlook & Strategy

Dutch regulator: Shell and TotalEnergies can collaborate on CO2 storage

The Netherlands Authority for Consumers and Markets (ACM) has given approval to competitors Shell and TotalEnergies to collaborate on CO2 storage in empty natural-gas fields in the North Sea. Shell and TotalEnergies plan to store CO2 on a large scale as part of the Aramis project, collaborating with

about 4 years ago

Outlook & Strategy

Study: Running ships on green fuels has minimal impact on consumer goods prices

Running ships entirely on green hydrogen-based fuels (e-fuels) would add less than €0.10 to the price of a pair of trainers and up to €8 for a refrigerator, a new study on the cost of decarbonising European shipping shows.

about 4 years ago

Outlook & Strategy

EU ministers agree higher 2030 targets for renewables, energy efficiency

The EU Council has adopted its negotiating positions on two legislative proposals that tackle the energy aspects of the EU’s climate transition.

about 4 years ago

Outlook & Strategy

CMA CGM, Shell join forces for LNG supply, maritime decarbonisation

French shipping giant CMA CGM Group and oil and gas company Shell have entered into agreements to work together towards accelerating the decarbonisation of the marine sector. Specifically, the partners have signed include a multi-year deal for the supply of liquefied natural gas (LNG) to CMA CGM’s 1

about 4 years ago

The FLORA Ocean Station rendering (Courtesy of Wedge Global)

Outlook & Strategy

Consortium forms to deliver multi-purpose ocean station powered by renewable energy

The consortium behind the FLOating RAdar (FLORA) project has held the kick-off meeting to formalize the start of a scheme that will develop and demonstrate an industrial-scale prototype of a multi-purpose ocean station with renewable energy generation and operational oceanography capabilities: the F

about 4 years ago

Outlook & Strategy

Liquid Wind, Sundsvall Energy team up on electrofuel facility FlagshipTWO

Swedish eMethanol producer has signed an agreement with compatriot energy services provider Sundsvall Energi outlining the parties’ intentions for the development of a 100,000 t electrofuel facility.

about 4 years ago

Outlook & Strategy

Knud E. Hansen joins project to design world’s 1st wind-powered RoRo

Swedish ship management and ship design company Wallenius Marine and Danish naval architecture and design firm Knud E. Hansen have signed an agreement for the latter to join the project of designing the world’s first wind-powered roll-on/roll-off (RoRo) vessel.

about 4 years ago

Outlook & Strategy

Getting to Zero Coalition develops action plan for maritime decarbonisation

The Getting to Zero Coalition, an initiative for accelerating international shipping decarbonisation, has held its annual working session with the objective of turning the ambition of full decarbonisation by 2050 into a concrete and actionable plan. During the gathering, the participating coalition

about 4 years ago

U.S. and EU scaling up efforts to enable energy security and curb emissions

Outlook & Strategy

U.S. and EU scaling up efforts to ensure energy security and curb emissions

The U. S. and the EU will intensify efforts to ensure energy security and reduce emissions while pursuing diversification of energy supplies.

about 4 years ago