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Outlook & Strategy

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Recently elected Petrobras CEO to hand the reins over to senior economy ministry official
Outlook & Strategy

Brazil’s govt to replace Petrobras CEO after less than two months

As the hike in fuel prices continues unabated, Petrobras has been instructed to set the wheels into motion to replace its current CEO.

about 4 years ago
Minesto's Dragon 4 tidal energy device (Screenshot/Video by Minesto)
Outlook & Strategy

Minesto flies first Dragon Class tidal energy kite in Faroe Islands

Swedish marine energy company Minesto has successfully completed the first week of commissioning of its new Dragon 4 tidal power plant in Vestmanna, Faroe Islands.

about 4 years ago
Three U.S. players successfully expand joint venture to bring offshore CCS hub into being
Outlook & Strategy

Chevron pays $50 million to join JV for CCS hub in Texas

Talos, Chevron, and Carbonvert have concluded the expansion of the JV, aiming to bring forth a hub-scale CCS project off Jefferson County.

about 4 years ago
Europe’s bold new energy plan and cost estimates could fail to live up to the hype, Rystad says
Outlook & Strategy

Europe’s bold new energy plan will need wartime-like planning to meet goals, Rystad says

Rystad Energy forecasts that the EU’s energy plan and its budget may fall short of objectives, as a further ramp-up of investments is needed.

about 4 years ago
UAE player wins gig with Yinson to work on Brazil-bound FPSO
Outlook & Strategy

Yinson taps UAE player for FPSO upgrade work

Drydocks World Dubai has inked a deal with Yinson to upgrade an FPSO vessel, which will operate for Enauta offshore Brazil, upon completion.

about 4 years ago
RivGen device operating in the Kvichak River in Alaska, February 2021 (Courtesy of ORPC)
Outlook & Strategy

Canadian hydrokinetic test center to deploy ORPC’s RivGen power system

Canadian Hydrokinetic Technology Testing Centre (CHTTC) and ORPC Canada have joined forces to deploy a RivGen renewable power system for the first time in the Canadian market.

about 4 years ago
EDPR and Lhyfe partner up for renewable hydrogen
Outlook & Strategy

EDPR and Lhyfe partner up for renewable hydrogen

EDP Renewables (EDPR) has entered into an industrial agreement with Lhyfe to jointly work on renewable hydrogen projects.

about 4 years ago
ferry
Outlook & Strategy

ESPO, Interferry set priorities for sustainable ferry industry future

The European Sea Ports Organisation (ESPO) and global trade association Interferry have agreed a common work programme to promote an environmentally sustainable future for the European ferry business through the provision and use of onshore power supply (OPS).

about 4 years ago
Illustration/ Static testing of tidal turbine blade in the MaREI Centre at NUI Galway (Courtesy of NUI Galway)
Outlook & Strategy

MaREI seeks tidal energy research fellow

SFI MaREI Centre has invited applications for a full-time fixed term position as research fellow in tidal energy as part of the TIDAL-GES project at NUI Galway in Ireland.

about 4 years ago
Eastern Pacific
Outlook & Strategy

First tanker powered by ethane joins Eastern Pacific

Singapore-based shipping company Eastern Pacific Shipping (EPS) has taken delivery of STL Yangtze, the first of the company’s six new very large ethane carriers (VLECs).

about 4 years ago
Claxton, Seabed Solutions join hands to boost decommissioning offer
Outlook & Strategy

Claxton, Seabed Solutions join hands to boost decommissioning offer

Claxton, Acteon’s drilling and decommissioning segment, has signed a collaboration agreement with Seabed Solutions to add value to decommissioning projects, helping operators fulfil their obligation to return subsea sites to their natural state.

about 4 years ago
UK
Outlook & Strategy

UK unleashes £12 million for zero-emission maritime technologies

The UK government has announced a multi-million investment that aims to kickstart innovation in the maritime sector and tackle shipping emissions.

about 4 years ago
Illustratio/Floating solar farm in China (Courtesy of Huaneng Power International)
Outlook & Strategy

China launches tender for 11.25GW offshore floating solar plants

Shandong, an eastern Chinese province on the Yellow Sea, has issued a tender for the development of 10 offshore floating solar projects with a combined capacity of 11.25GW by 2025.

about 4 years ago
Fugro
Outlook & Strategy

Fugro to keep supporting South Korean offshore wind expansion

Due to the strong demand for combined geophysical, geotechnical and metocean data services, Fugro has extended its memorandum of understanding (MoU) with Underwater Survey Technology 21 (UST21) to support South Korea’s expansion of wind power assets.

about 4 years ago
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