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Outlook & Strategy

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RINA, 5M Renewables to develop floating green hydrogen production vessel
Outlook & Strategy

RINA, 5M Renewables to develop floating green hydrogen production vessel

Italian classification society RINA has signed a memorandum of understanding (MoU) with marine systems provider 5M Renewables for the collaboration on the concept development for the floating green hydrogen production vessel.

about 4 years ago
Havyard to convert Norled’s diesel ferry to electric operation
Outlook & Strategy

Havyard to convert Norled’s diesel ferry to electric operation

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Norwegian ferry operator Norled has contracted compatriot shipyard Havyard Leirvik to convert its MF Ibestad ferry to electric operation with hybrid capacity in line with the green shift.

about 4 years ago
OMV
Outlook & Strategy

Austria’s OMV stops pursuing investments in Russia due to Ukraine crisis

Austria’s oil and gas company OMV is also reevaluating its engagement in Russia following the attack on Ukraine.

about 4 years ago
Russia
Outlook & Strategy

Russia welcomes 1st dual-fuel ice-strengthened ferry

Russia has welcomed a new dual-fuel ferry in a flag-raising ceremony that took place in the seaport of Ust-Luga in the Leningrad region on 4 March 2022.

about 4 years ago
Lithuania’s Klaipeda LNG terminal suspends acceptance of Russian cargoes
Outlook & Strategy

Lithuania’s Klaipeda LNG terminal suspends acceptance of Russian cargoes

KN, the operator of the Klaipeda LNG terminal, informed that as of 3 March acceptance of Novatek cargoes from Russia is suspended.

about 4 years ago
Neptune going beyond net-zero in bid to store more CO2 than it emits by 2030
Outlook & Strategy

In focus: To net-zero and beyond

In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp

about 4 years ago
UK North Sea flaring reaches lowest level ever recorded by oil & gas regulator
Outlook & Strategy

UK North Sea flaring reaches lowest level ever recorded by oil & gas regulator

The OGA is encouraged by the record low level of flaring in the North Sea, as it has fallen to the lowest one ever tracked on the UKCS.

about 4 years ago
Integrated tidal energy and hydrogen production solution (Courtesy of ITEG project)
Outlook & Strategy

ITEG checks public pulse on tidal energy and hydrogen

The ITEG (Integrating Tidal Energy into the Grid) project has launched a study into the social acceptance of tidal energy and hydrogen technologies.

about 4 years ago
NAPA
Outlook & Strategy

NAPA, ClassNK join forces on 3D ship design approval process

NAPA, a provider of maritime software, services, and data analysis, and classification society ClassNK have decided to jointly support the use of 3D models in the ship design approval process.

about 4 years ago
Illustration/Tidal energy turbine by French company Sabella, member of OEE (Courtesy of Sabella)
Outlook & Strategy

Ocean Energy Europe backs push for 45% renewables target and greater energy diversity

Ocean Energy Europe has welcomed the political initiative for raising renewable energy share target in the revised EU Renewable Energy Directive (RED III) to 45% that would also include more diverse energy sources.

about 4 years ago
Bilfinger UK to increase headcount
Outlook & Strategy

More jobs to be created as Bilfinger UK launches new fabrication facility

Bilfinger UK has expanded its presence in the North East with the opening of a new fabrication facility, spurring further headcount increase.

about 4 years ago
Magseis Fairfield
Outlook & Strategy

Magseis acquires node-on-a-rope business amid ‘optimistic’ OBN market outlook

Norwegian survey services provider Magseis Fairfield has entered into an agreement with compatriot Carbon Transition to acquire its proprietary node-on-a-rope business.

about 4 years ago
Resen Waves' Smart Power Buoy (Courtesy of Resen Waves)
Outlook & Strategy

Resen Waves launches €4M investment opportunity

Danish wave energy developer Resen Waves has opened an investment opportunity to support the company’s growth and global roll-out of its smart power buoys.

about 4 years ago
LNG supply ; GIIGNL in efforts to secure Europe's LNG supply
Outlook & Strategy

GIIGNL in efforts to secure Europe’s LNG supply

The members of GIIGNL, the International Association of LNG Importers, say they are fully available to help ensure a stable supply of LNG facing energy security crises due to Russia’s attack on Ukraine.

about 4 years ago