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Outlook & Strategy - Offshore Energy

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Deirdre Michie will now become CEO of Offshore Energies UK

Outlook & Strategy

UK oil & gas trade body changing name to reflect drive towards net-zero future

Oil & Gas UK (OGUK) is expanding to include the low-carbon offshore energy technologies like offshore wind, hydrogen, and CCS.

about 4 years ago

Outlook & Strategy

ZIM, MSC end cooperation on North Europe – East Med trade

Israeli shipping company ZIM and Swiss container shipping giant Mediterranean Shipping Company (MSC) have decided to cease their cooperation on the North Europe – East Med trade.

about 4 years ago

Outlook & Strategy

Odfjell Drilling mulls splitting into two groups to think beyond core services

Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo.

about 4 years ago

L to R: Kristine Bangstad Fredriksen, CEO of Ocean Oasis (Courtesy of Ocean Oasis/Photo by Dag Knudsen)

Outlook & Strategy

Ocean Oasis scores €2.5M to ramp up wave-powered desalination unit

Norwegian company Ocean Oasis has secured €2.5 million from the European Innovation Council (EIC) Accelerator to advance its wave energy-powered desalination technology.

about 4 years ago

Outlook & Strategy

COSCO Shipping Ports, Zeebrugge Port extend container terminal concession

Port operator COSCO Shipping Ports Limited and Belgium’s Port of Zeebrugge have agreed to extend the concession of CSP Zeebrugge Terminal by 15 years to 2055.

about 4 years ago

Aker BP forging digital transformation with tech-savvy firm to enhance oil & gas ops

Outlook & Strategy

Aker BP building data factory in the cloud to improve productivity

Aker BP has joined forces with Accenture to develop and deploy a cloud-based solution to improve oil and gas operations.

about 4 years ago

Outlook & Strategy

Furetank to boost Vinga fleet with new green ship

Swedish shipping company Furetank has ordered a dual-fuel tanker from Chinese shipbuilder China Merchants Jinling Shipyard – former AVIC.

about 4 years ago

Outlook & Strategy

In focus: Cross-sector collaborations replacing fossil fuels with green energy

In the face of decarbonisation challenges, presenting a united front seems to be a way around for offshore energy players. During the last week of January, we have witnessed a number of cross-sector collaborations established with a single aim to eliminate carbon emissions and reach the net-zero des

about 4 years ago

Outlook & Strategy

Donsötank’s new hybrid electric tanker bunkered with LNG

Dutch marine fuel supplier Titan LNG has completed the LNG bunkering of MT Prospero — Donsötank’s new 22,000 dwt product and chemical tanker.

about 4 years ago

HydroQuest’s concept for its next-gen 2.5MW tidal turbine (Courtesy of HydroQuest)

Outlook & Strategy

HydroQuest on the lookout for tidal turbine blade supplier

French tidal energy company HydroQuest is looking for a partner specializing in the production of composite blades for its next-generation tidal energy turbines.

about 4 years ago

Illustration/SIMEC Atlantis' AR1500 turbine (Courtesy of SIMEC Atlantis Energy)

Outlook & Strategy

SIMEC Atlantis’ novel pitch system advance leads to greater tidal turbine capacity

SIMEC Atlantis Energy, together with its partner Asturfeito, has developed a new pitch system that enables the rotor diameter and rated capacity of tidal energy turbines to increase.

about 4 years ago

Outlook & Strategy

ZIM, 2M go separate ways on transpacific route

Israeli shipping company ZIM Integrated Shipping Services has decided to end the cooperation with the 2M alliance members Maersk and Mediterranean Shipping Company (MSC) on key transpacific trades.

about 4 years ago

Outlook & Strategy

PGS: Seismic market weaker in 2021, but gradually recovering

Norway-based Petroleum Geo-Services (PGS) has reported an almost $6 million decrease in segment revenues in 2021 compared to 2020 due to, as the company says, the overall seismic market being “weaker”. Segment revenues and other income reached $590 million in 2021, compared to $595.9 million in 2020

about 4 years ago

MPS's DualSub renewable energy park concept (Courtesy of MPS)

Outlook & Strategy

Welsh marine energy firm seeks platform deployment system designer

Marine Power Systems (MPS) has announced a tender for a contractor to design and build a platform deployment system for its megawatt-scale wind and wave energy demonstrator.

about 4 years ago