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Outlook & Strategy

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TotalEnergies: Interest in Le Havre FSRU ‘significantly’ exceeds available capacity
Outlook & Strategy

TotalEnergies: Interest in Le Havre FSRU ‘significantly’ exceeds available capacity

TotalEnergies LNG Services France (TELSF), an affiliate of French energy major TotalEnergies, has concluded the market test launched for floating storage and regasification unit (FSRU) capacity in Le Havre, France. From 16 to 30 January, TELSF ran a non-binding call of interest for LNG import and re

about 3 years ago
Japanese majors unite on CO2NNEX demonstration system for e-methane
Outlook & Strategy

Japanese majors unite on CO2NNEX demonstration system for e-methane

Osaka Gas, Mitsubishi Heavy Industries (MHI), and IBM Japan have built a demonstration system for CO2NNEX for e-methane, a digital platform for visualising the amount of CO2 emissions across the value chain of e-methane (methane synthesised with the methanation technology) and transferring e-methane

about 3 years ago
Enagás and Naturgy plan to build 280MW renewable hydrogen plant
Outlook & Strategy

Enagás and Naturgy plan to build 280MW renewable hydrogen plant

Spanish energy companies Naturgy and Enagás Renovable have presented their project for the construction of a renewable hydrogen plant with a production capacity of up to 280 MW in La Robla. The new plant is scheduled for commissioning in 2026 and will entail an investment of €485 million. it will be

about 3 years ago
Bulker
Outlook & Strategy

Safe Bulkers keeping eye on the prize with ambitious fleet renewal, eco-upgrades

Monaco-based dry bulk shipping company Safe Bulkers is set to welcome eight eco-newbuilds in the upcoming two years pushing its fleet with improved energy efficiency to 23 ships. The company’s fleet currently consists of 44 vessels, with 12 of them being eco-ships built after 2014, and three of them

about 3 years ago
Petrobras picks permanent reservoir monitoring system for Brazil’s third-largest oil field
Outlook & Strategy

Petrobras picks permanent reservoir monitoring system for Brazil’s third largest oil field

Brazilian oil and gas giant Petrobras has awarded Alcatel Submarine Networks (ASN) and Maersk Supply Service (MSS) with a contract for the supply and installation of a permanent reservoir monitoring (PRM) system on a field located in the Santos Basin offshore Brazil. The contract includes the engine

about 3 years ago
bulker with rotor sails
Outlook & Strategy

Bulkers emerging as champions of wind-assisted propulsion as rotor sails hold sway over WPT installations

Rotor sails lead the way as the preferred solution for shipowners looking to reduce emissions and increase fuel efficiency by tapping into the potential of wind-assisted propulsion on board their ships. According to recent data from the International Windship Association (IWSA), rotor sails have bee

about 3 years ago
HCH2 and H2Hub merge for DOE hydrogen hub application
Outlook & Strategy

HCH2 and H2Hub merge for DOE hydrogen hub application

The Port of Corpus Christi’s Horizons Clean Hydrogen Hub (HCH2) and Trans Permian’s H2Hub will submit a single application through the US DOE Regional Clean Hydrogen Hubs Programme, with the Port of Corpus Christi as the prime applicant. The parties combined their hubs into a single application afte

about 3 years ago
Masdar and IFC join hands to advance hydrogen and renewable energy in Africa
Outlook & Strategy

Masdar and IFC join hands to advance hydrogen and renewable energy in Africa

Abu Dhabi’s renewable energy company Masdar has signed an agreement with the International Finance Corporation (IFC), a global development institution focused on the private sector in developing countries, to explore areas of collaboration to support climate action for emerging markets. The parties

about 3 years ago
Illustration (Courtesy of Flex Marine Power)
Outlook & Strategy

Scottish company secures over €1M to advance tidal energy turbine

Scottish company Flex Marine Power has been awarded significant funding from the UK government’s Energy Entrepreneurs Fund (EEF) to further develop and demonstrate its low-cost tidal energy turbine.

about 3 years ago
Greenpeace activists end 13-day occupation of Shell's oil platform (Gallery)
Outlook & Strategy

Greenpeace activists end 13-day occupation of Shell’s oil platform (Gallery)

Greenpeace activists have disembarked Shell’s oil platform at the port of Haugesund in Norway after 13 days of occupation and a journey of almost 4,000 kilometers from the Canary Islands, with no arrests having taken place. Four activists boarded the floating production storage and offloading (FPSO

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

Ocean Sun, Statkraft upgrade Albania’s first floating solar plant to 2MWp

Europe’s largest renewable energy generator Statkraft, in collaboration with Norwegian supplier Ocean Sun, has installed three additional floating solar units at Banja reservoir in Albania, bringing the floating solar plant’s total capacity to 2MWp.

about 3 years ago
FPSO Atlanta; Source: Yinson (video)
Outlook & Strategy

How far has the upgrade work for Enauta’s Brazil-bound FPSO come?

Yinson has shared an update on the developments regarding the conversion and upgrade of an FPSO, which will operate for Enauta off Brazil.

about 3 years ago
Illustration/Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power)
Outlook & Strategy

Industry discusses way forward for tidal power with UK’s net zero minister

The representatives of the UK tidal stream industry have met with Graham Stuart, the minister of the newly launched department for energy security and net zero, to discuss the role of tidal energy in the country’s secure and cost-effective transition to net zero.

about 3 years ago
With sevenfold increase in backlog, Reach Subsea sees another 'record' year
Outlook & Strategy

With sevenfold increase in backlog, Reach Subsea sees another ‘record’ year

Norway-headquartered Reach Subsea has achieved “record” high revenue and operating profit for the full year and fourth quarter of 2022, with its order backlog seven times higher than in the year earlier. For the full year of 2022, revenue grew to NOK 1,163 million (around €107.3 million) whereas EBI

about 3 years ago
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