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Outlook & Strategy

HydrogenPro teams up with Andritz for green hydrogen solutions in Europe

Technology company and an OEM for high-pressure alkaline electrolysers HydrogenPro and technology group Andritz have entered into a partnership to collaborate on scaling up manufacturing and assembly of electrolysers for the European market. According to HydrogenPro, this non-exclusive partnership w

about 3 years ago

Outlook & Strategy

OEG Offshore buys compatriot subsea cable specialist

UK’s OEG Offshore has acquired compatriot Pelagian, a provider of consultancy, engineering and installation management services to the submarine cable and offshore renewable energy industries. With the acquisition, OEG stated it was better equipped to support the cable sector across different end ma

about 3 years ago

Outlook & Strategy

Danes launch remotely operated towed vehicle for autonomous USV systems

Danish engineering company EIVA has launched a new remotely operated towed vehicle (ROTV) tailored for autonomous unmanned surface vehicle (USV) systems. The ViperFish ROTV is an all-in-one sensor platform for high-resolution data collection by USV, which is said to be able to survey hard-to-reach a

about 3 years ago

Outlook & Strategy

Maritime to benefit from EUR 2 billion fund to decarbonize

The European Parliament formally approved on Tuesday the new EU Emissions Trading System (ETS) law, earmarking around EUR 2 billion of the revenues of the Innovation Fund for the maritime sector. European Community Shipowners Association (ECSA) welcomed the move, saying that the deal will mark a tur

about 3 years ago

Outlook & Strategy

Final countdown begins for launch of Hong Kong LNG terminal

The preparations for the launch of the offshore Hong Kong LNG terminal have entered its final stage following the completion of checks and clearance procedures for the floating storage and regasification unit (FSRU) which arrived in Hong Kong on 13 April. Power companies CLP Power Hong Kong Limited

about 3 years ago

Inna Braverman, Eco Wave Power’s founder and CEO (Courtesy of Eco Wave Power)

Outlook & Strategy

Eco Wave Power to set up US subsidiary as it targets local wave energy potential

Swedish-Israeli wave energy company Eco Wave Power has set out plans to open a subsidiary in the United States, under the name Eco Wave Power US.

about 3 years ago

Outlook & Strategy

Shandong Shipping orders 12 CCUS-ready Kamsarmaxes in record deal

Shandong Shipping, the third largest shipowner in China, has made a major investment in newbuild vessels by ordering twelve 82,000 dwt Kamsarmaxes at Jiangsu New Hantong Ship Heavy Industry. The deal marks the largest newbuild order ever made by Shandong Shipping. The company said that it has signed

about 3 years ago

Outlook & Strategy

Oil & gas work ‘key revenue driver’ for DeepOcean, with offshore wind outlook positive

Oslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, DeepOcean reported revenue of $566.1 million, up 13.4 per cent from $499.4 mill

about 3 years ago

Outlook & Strategy

ITF rescues abandoned crew from two ships from the same owner

Thirteen Filipino seafarers have made it home after more than five months aboard an abandoned livestock carrier ship, the Yangtze Harmony, following an intervention from the International Transport Workers’ Federation (ITF). The ship’s owners abandoned the vessel and its crew after the ship was ar

about 3 years ago

Outlook & Strategy

EU gas TSOs launch international tender for hydrogen corridor pre-feasibility study

An international tender for a pre-feasibility study for the Nordic-Baltic Hydrogen Corridor, a cross-border hydrogen project being developed by six European Union (EU) countries, has been launched. Lithuanian gas transmission system operator (TSOs) Amber Grid launched the tender on behalf of its pro

about 3 years ago

Dow joins HEH consortium for Stade LNG terminal

Outlook & Strategy

HEH awards EPC Stade contract to consortium led by Técnicas Reunidas

Hanseatic Energy Hub (HEH) has commissioned a consortium led by Spain-based EPC (engineering, procurement, and construction) specialist Técnicas Reunidas to develop a land-based terminal for liquefied gases in Stade, Germany, subject to HEH’s final investment decision (FID). According to HEH, Técnic

about 3 years ago

Outlook & Strategy

Valaris embarks on emission reduction quest with new 2030 target

Offshore drilling contractor Valaris has set a carbon emissions reduction target to reduce its Scope 1 emissions by 2030.

about 3 years ago

Critical minerals company to offtake electricity from Australia-Asia power link

Outlook & Strategy

Critical minerals company to buy renewable energy from Australia-Asia link

Renewable energy company Sun Cable has signed a Letter of Intent (LoI) with an Australian critical minerals company for the potential offtake of renewable electricity from the planned Australia-Asia PowerLink (AAPowerLink) project. Under the one-year non-binding LoI, Sun Cable will progress commerci

about 3 years ago

Global OTEC’s 1.5MW floating OTEC platform named Dominique (Courtesy of Global OTEC)

Outlook & Strategy

Global OTEC steps closer to first commercial OTEC platform

UK-based company Global OTEC has secured a certificate of approval for a cold-water riser installation for its first commercial-scale ocean thermal energy conversion (OTEC) platform.

about 3 years ago