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Outlook & Strategy

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Woodside brings North West Shelf LNG to Europe amid ‘urgent need for alternative sources’
Outlook & Strategy

Woodside brings North West Shelf LNG to Europe amid ‘urgent need for alternative sources’

Australian energy major Woodside Energy has shipped a liquefied natural gas (LNG) from Australia’s North West Shelf to Europe to contribute to the security of supplies. The cargo of approximately 75,000 tonnes of LNG (100 million cubic metres of natural gas) was delivered on board the Woodside Rees

about 3 years ago
WFW assists NORD/LB on €100M German LNG terminal financing
Outlook & Strategy

WFW assists NORD/LB on €100M German LNG terminal financing

London-based law firm Watson Farley & Williams has advised Norddeutsche Landesbank Girozentrale (NORD/LB), one of the largest commercial banks in Germany, on the long-term financing of an import terminal for liquefied gas to be constructed in Stade-Buetzfleh, Lower Saxony, Germany. The project, whic

about 3 years ago
Finnish partners developing technology for onboard hydrogen production from LNG
Outlook & Strategy

Finnish partners developing technology for onboard hydrogen production from LNG

Finnish technology group Wärtsilä has entered into a joint development agreement with Hycamite TCD Technologies, a privately-owned compatriot company specialising in the development of technology for producing clean hydrogen and solid carbon from methane. Under the agreement, the two companies will

about 3 years ago
CMA CGM
Outlook & Strategy

CMA CGM to call for decarbonization projects in early 2023 bankrolled by €200 mln budget

French container shipping CMA CGM is getting ready to launch a call for projects in early 2023 intended to support the decarbonization of the French shipping and port industry. The company has already committed a €200 million budget for the projects from its five-year $1.5 billion budget, which was

about 3 years ago
Large-scale Battolyser plant for green hydrogen production to be set up in Rotterdam Port
Outlook & Strategy

Large-scale Battolyser plant for green hydrogen production to be set up in Rotterdam Port

The Dutch Port of Rotterdam has been selected as the location for the first large-scale Battolyser factory that aims to meet the growing demand for green hydrogen and electricity storage. Battolyser Systems is the developer and manufacturer of the world’s first integrated battery/electrolyser system

about 3 years ago
Finnish green energy producer bags R&D funding for hydrogen and ammonia
Outlook & Strategy

Finnish green energy producer bags R&D funding for hydrogen and ammonia

Green NortH2 Energy, a pioneer of green ammonia production in Finland, has won R&D funding from Business Finland, a public organisation under the Finnish Ministry of Employment and the Economy. Green NortH2 Energy has been granted €2.3 million in research and development funding that will be used in

about 3 years ago
L to R: Elisa Obermann; Kendra MacDonald (Courtesy of Marine Renewables Canada)
Outlook & Strategy

Canadians join forces to advance renewable ocean energy

Canada’s Ocean Supercluster (OSC) and Marine Renewables Canada (MRC) have formed a collaborative partnership to share knowledge and support the advancement of marine renewable energy in Canada.

about 3 years ago
Petrofac boss handing over the reins to member of McDermott’s exec committee
Outlook & Strategy

Petrofac boss handing over the reins to member of McDermott’s exec committee

Petrofac has picked a member of McDermott’s executive committee to replace its current group chief executive, who will step down next year.

about 3 years ago
The Wash is said to be one of the UK’s most important estuaries for wild birds (Courtesy of RSPB)
Outlook & Strategy

UK’s nature conservation charities slam the Wash tidal barrage plan deeming it ‘outlandish’

Developers of the Wash tidal energy barrage, that would also incorporate a deep water port, have been urged to rethink the proposal by UK’s nature conservation charities, which called the current plans ‘unworkable’ with significant risks to the environment.

about 3 years ago
Netherlands sets sights on hydrogen cooperation with Oman
Outlook & Strategy

Netherlands sets sights on hydrogen cooperation with Oman

During the climate summit COP27 in Egypt, the governments of the Netherlands and Oman have signed a declaration of intent with the aim to cooperate on hydrogen projects. The hydrogen cooperation between the two countries will focus on setting up import and export facilities for green hydrogen. The N

about 3 years ago
Hellenic Cables joins in on connecting Greek islands
Outlook & Strategy

Hellenic Cables joins in on connecting Greek islands

Hellenic Cables has been appointed by the Greek electricity grid operator Independent Power Transmission Operator (IPTO) to deliver the Lavrio-Serifos and Serifos-Milos offshore electrical interconnections. The project that will integrate Milos and Serifos into the continental electricity transmissi

about 3 years ago
More North Sea rigs heading for greener pastures next year, says Westwood
Outlook & Strategy

More rigs exiting North Sea next year, despite semi-sub activity picking up in 2022, says Westwood

Despite the uptick in utilisation and award activity for the North Sea semi-submersibles, Westwood said the demand outlook for 2023 is low.

about 3 years ago
Odfjell: Boost in oil & gas investments to ramp up drilling activity as market strengthens
Outlook & Strategy

Odfjell: Boost in oil & gas investments to ramp up drilling activity as market strengthens

Odfjell Drilling is seeing an increase in demand for offshore rigs with average utilisation of 97.1 per cent for its own fleet.

about 3 years ago
Illustration/QED Naval's Subhub platform (Courtesy of QED Naval)
Outlook & Strategy

Welsh marine energy test site updates marine license

Marine Energy Test Area (META), Wales’ national marine test center, has upgraded its marine license and will now be able to accommodate more tidal turbines and larger mooring spreads.

about 3 years ago
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