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Outlook & Strategy

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UK's new cable layer to run on methanol once delivered in 2025
Outlook & Strategy

New UK cable layer to run on methanol once delivered in 2025

UK-based HVDC cable company XLCC has completed model testing on its new cable laying vessel (CLV) that was announced last year and which will be deployed in the renewable energy sector. The vessel will feature battery energy storage systems and shore power to reduce fuel consumption and has been des

about 3 years ago
Illustration/The 2MWp floating solar system at Banja reservoir in Albania (Courtesy of Ocean Sun)
Outlook & Strategy

Norwegian floating solar company widens first quarter loss

Norwegian floating solar developer Ocean Sun has reported a wider net loss in the first quarter of 2023, when compared to the same period a year earlier, with a slight increase in income.

about 3 years ago
Ricardo, sHYpS to develop H2 fuel cell propulsion tech for passenger ships
Outlook & Strategy

Ricardo, sHYpS to develop H2 fuel cell propulsion tech for passenger ships

Ricardo, a strategic, environmental and engineering consulting company, is working with the Sustainable Hydrogen Powered Shipping (sHYpS) consortium to design and develop hydrogen fuel cell propulsion technologies to power the next generation of zero-emissions passenger ships. According to Ricardo,

about 3 years ago
Illustration/Visualization of proposed Larantuka Strait tidal turbine array (Courtesy of SBS)
Outlook & Strategy

Indonesian utility appoints SBS as technical advisor for tidal energy projects

State-owned PLN Indonesia Power (IP) has appointed British tidal energy specialist SBS as its technical advisor for tidal energy projects in Indonesia.

about 3 years ago
Beach Energy connects two new wells to Otway Gas Plant
Outlook & Strategy

Beach Energy connects two new wells to Otway Gas Plant

Australian oil and gas company Beach Energy has connected two new wells to its Otway Basin development, now delivering additional gas into the Australian East Coast gas market. At the start of 2022, Beach Energy confirmed that the first two wells of its offshore Otway Basin campaign – Geographe 4 an

about 3 years ago
Surveys on schedule for first UK-Germany energy link
Outlook & Strategy

Survey on schedule for first UK-Germany energy link

A geophysical and UXO survey is set to begin at the end of this month for an interconnector that will link the UK and Germany for the first time. Geociencias y Exploraciones Marítimas (GEM) will perform a survey of the route for the installation of the NeuConnect Interconnector, nominally 705 kilome

about 3 years ago
Egypt teams up with Norway’s Scatec to set up green methanol plant
Outlook & Strategy

Egypt teams up with Norway’s Scatec to set up green methanol plant

Egypt has made a step towards establishing the country’s first green methanol production project which will include investments of about $450 million and produce 40,000 tons of green methanol per year. The joint development agreement for this project was signed on 14 May by Egypt’s Alexandria Nation

about 3 years ago
Report: Germany scales down LNG terminal plans
Outlook & Strategy

Report: Germany scales down LNG terminal plans

Germany will almost halve planned capacity for liquefied natural gas (LNG) terminals in the Baltic Sea, Reuters reported a government source as saying. Two floating LNG terminals are to be sited at Mukran off the Rügen coast with an annual capacity of around 10 billion cubic metres (bcm), down from

about 3 years ago
NYK Line LNG-powered car carrier
Outlook & Strategy

WinGD powers NYK Line’s LNG-hybrid car carriers

Swiss marine power company WinGD said that its dual-fuel X-DF2.0 engines will power two newly delivered car carriers for Japanese ship owner NYK Line. The LNG-hybrid vessels feature emissions reduction technology, energy management, and digital optimisation solutions with the engine at the heart of

about 3 years ago
Global OTEC’s 1.5MW floating OTEC platform named Dominique (Courtesy of Global OTEC)
Outlook & Strategy

Pacific leaders give the nod to Global Ocean Energy Alliance

Leaders of 20 Pacific island countries and territories have approved the Global Ocean Energy Alliance (GLOEA), highlighting the implementation of the 1.5MW ocean thermal energy conversion (OTEC) platform being developed for deployment in São Tomé and Príncipe.

about 3 years ago
Danish firm appointed to green recycle SBM Offshore's FPSO
Outlook & Strategy

SBM Offshore FPSO to undergo green recycling in Denmark

Netherlands-headquartered SBM Offshore has awarded Modern American Recycling Services Europe (M.A.R.S.) with a contract for dismantling and green recycling of one of its FPSOs. The contract includes engineering, preparation, dismantling and green recycling of SBM Offshore’s FPSO Capixaba in Brazil.

about 3 years ago
Oslo Bulk
Outlook & Strategy

Bulkship Management taps BERG Propulsion to limit engine power on 10 ships

Bulkship Management, the Oslo-based ship manager with a specialty in geared vessels, has signed a contract to implement BERG Propulsion’s ‘EPL for EEXI’ power limitation solution across 10 ships trading in US Gulf and Caribbean waters. The Berg Engine Power Limitation (EPL) is intended for ships who

about 3 years ago
Jaxport partners boost growth of LNG as clean marine fuel
Outlook & Strategy

Jaxport partners boost growth of LNG as clean marine fuel

Jacksonville Port Authority (Jaxport) has facilitated the move of dozens of liquefied natural gas (LNG) storage tanks, owned by LNG supplier Eagle LNG Partners, through the port’s Blount Island Marine Terminal. According to Eagle LNG, half of the tanks will be used to temporarily increase storage at

about 3 years ago
Ocean Sun's floating solar technology connected to offshore wind turbine in China (Courtesy of Ocean Sun)
Outlook & Strategy

Ocean Sun starts streamlining floating solar designs for offshore wind-linked project

Norwegian company Ocean Sun has started making design improvements to its floating solar units, based on the insights gained through real sea demonstration of the technology linked with offshore wind turbines in China.

about 3 years ago
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