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Outlook & Strategy

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Island Drilling’s rig wraps up work with Dana and gets started on its next gig
Outlook & Strategy

Island Drilling’s rig gets started on its next gig

Island Drilling has completed its work with Dana Petroleum on the UKCS and moved to its next assignment in the UK North Sea.

about 4 years ago
Illustration/Part of OPT’s products range (Courtesy of OPT)
Outlook & Strategy

OPT’s loss for 2022 widens, with slight rise in revenues

US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss for the fiscal year 2022, compared to the same period a year earlier, recording also a slight rise in revenues for the period.

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about 4 years ago
New CEO named at Australia Pacific LNG
Outlook & Strategy

New CEO named at Australia Pacific LNG

Australia Pacific LNG (APLNG), a joint venture between ConocoPhillips, Origin Energy, and Sinopec, has appointed Khoa Dao as its chief executive officer (CEO).

about 4 years ago
Shell picks Australian firm to support optimisation and decarbonisation of five deepwater assets in Gulf of Mexico
Outlook & Strategy

Shell picks Australian firm to support optimisation and decarbonisation of five Gulf of Mexico assets

Shell has hired Worley to support five assets in the U.S. Gulf of Mexico (GOM) on their low-carbon journey.

about 4 years ago
Retired North Sea platform embarks on its transformation prior to opening its doors in late August as SEE MONSTER – gallery
Outlook & Strategy

SEE MONSTER embarks on its transformation prior to opening doors in August – gallery

After arriving at its new home, a decommissioned North Sea platform is about to start its transformation into a public art installation.

about 4 years ago
European Commissioner for Energy Kadri Simson (Courtesy of Ocean Energy Europe/Photo by Simon Pugh)
Outlook & Strategy

EU Energy Commissioner takes a tour of Dutch tidal power plant

The European Commissioner for Energy Kadri Simson has visited the Eastern Scheldt Tidal Power Plant in Dutch province of Zeeland, to get a glimpse of the future where tidal energy is an everyday part of EU citizens’ lives.

about 4 years ago
liquid hydrogen
Outlook & Strategy

Partners eye renewable liquid hydrogen supply chain from Portugal to the Netherlands

A consortium comprising Shell New Energies NL BV, ENGIE, Vopak and Anthony Veder have signed an agreement to study the feasibility of producing, liquifying and transporting green hydrogen from Portugal to the Netherlands, where it would then be stored and distributed for sale.

about 4 years ago
Prysmian to deliver two subsea power interconnections in Spain
Outlook & Strategy

Prysmian to deliver two subsea power interconnections in Spain

Prysmian has won two contracts worth approximately €250 million from Spanish transmission system operator (TSO) Red Eléctrica for the development of two submarine power interconnections in Spain. Prysmian is in charge of the design, supply, installation and commissioning of the subsea power cable fo

about 4 years ago
LAURELIN
Outlook & Strategy

Renewable methanol research project LAURELIN moves to next phase

For the last year, ten European and Japanese research expert organisations have been working together on the project to develop innovative processes to convert CO2 into renewable methanol.

about 4 years ago
EDP’s floating solar plant in Alqueva (Courtesy of EDP)
Outlook & Strategy

EDP inaugurates ‘pioneering’ 5MW floating solar plant in Portugal

Global energy company EDP has inaugurated a 5MW floating solar plant in Alqueva – said to be the largest floating solar installation on a dam reservoir in Europe.

about 4 years ago
Chevron puts choppers on standby as hurricane season kicks off in Gulf of Mexico to minimise oil & gas production disruptions
Outlook & Strategy

Chevron puts choppers on standby as hurricane season kicks off in Gulf of Mexico

Chevron’s helicopters are ready for the Gulf of Mexico’s hurricane season to lower the production disruptions if evacuations are required.

about 4 years ago
Corvus Energy, Yaskawa/The Switch team up to improve marine battery systems
Outlook & Strategy

Corvus Energy, Yaskawa/The Switch team up to improve marine battery systems

Finnish power electronics specialist Yaskawa Environmental Energy/The Switch has joined forces with Norway-based maritime energy storage system manufacturer (ESS) to continue the development of its smart battery short-circuit limiter (BSCL) protection device for large-scale battery solutions and adv

about 4 years ago
Govt to dish out millions to kickstart 11 carbon capture projects with potential to generate $20 billion
Outlook & Strategy

Govt to dish out millions to kickstart 11 carbon capture projects with potential to generate $20 bln

Emissions Reduction Alberta (ERA) says Canada’s province will invest over $40 million in 11 projects focused on advancing CCUS.

about 4 years ago
In focus: Are renewables turning oil & gas plays truly into a thing of the past or are we not there yet?
Outlook & Strategy

In focus: Are oil & gas plays truly becoming a thing of the past or are we not there yet?

Worldwide dependence on oil and gas has been in evidence ever since the Ukraine crisis started, casting doubt over the pace and the lengths the world is prepared to go to in order to embrace decarbonisation. While the shift to green energy investments is undoubtedly both necessary and inevitable, th

about 4 years ago