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Outlook & Strategy

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Members of the Marine Energy Taskforce (MET)
Outlook & Strategy

UK launches taskforce to drive tidal and wave energy roadmap

The UK has launched the Marine Energy Taskforce (MET), a new initiative aimed at developing a roadmap to realise the country’s marine energy potential. Supported by The Crown Estate and Crown Estate Scotland, the 12-month project will focus on accelerating wave and tidal stream energy deployment whi

about 1 year ago
Kystdesign to strengthen DeepOcean's ROV fleet with 7 new units
Outlook & Strategy

Kystdesign to strengthen DeepOcean’s ROV fleet with 7 new units

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Ocean services provider DeepOcean has signed an agreement with Kystdesign for the delivery of seven remotely operated vehicles (ROVs), two of which have already been delivered, expanding its ROV fleet of almost 60 units. DeepOcean recently took delivery of two Constructor-series work-class ROVs (WRO

about 1 year ago
Minesto secures $2.3M loan to support operations, clarify capital needs
Outlook & Strategy

Minesto secures $2.3M loan to support operations, clarify capital needs

Swedish tidal energy developer Minesto has secured a SEK 22 million (approximately $2.3 million) loan from Fenja Capital to be used as working capital for its ongoing operations and business development. According to Minesto, the loan has a four percent set-up fee and a one percent monthly interest

about 1 year ago
Norway: Northern Lights approved for CO2 storage expansion
Outlook & Strategy

Norway: Northern Lights approved for CO2 storage expansion

The Northern Lights joint venture (JV) has received approval from the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage development. The expansion in Phase 2 will increase the transport and storage capacity from 1.5 million to at least 5 million tons of CO2 per

about 1 year ago
Ceres comes onboard Hydrogen Council
Outlook & Strategy

Ceres comes onboard Hydrogen Council

Ceres, a developer of clean energy technology: fuel cells for power generation and electrolyzers for the production of green hydrogen, has joined the Hydrogen Council, a global CEO-led initiative of energy, transport, and industry companies.

about 1 year ago
Norwegian partners to kick-start Green Maritime Energy Station project
Outlook & Strategy

Norwegian partners to kick-start Green Maritime Energy Station project

Ocean Hyway Cluster, a Norwegian network for hydrogen-based solutions for the maritime sector, and its consortium partners are set to initiate a pre-study on co-locating multiple types of low- and zero-emission maritime energy solutions in a single, integrated infrastructure hub, with funding suppor

about 1 year ago
Panama
Outlook & Strategy

FincoEnergies rolls out eBDN technology for marine fuel deliveries in ARA region

Dutch sustainable energy solutions provider FincoEnergies has adopted Digital Delivery through electronic Bunker Delivery Note (eBDN) technology across its marine (bio)fuel operations in the Amsterdam-Rotterdam-Antwerp (ARA) region.

about 1 year ago
Innosea projects across floating solar PV
Outlook & Strategy

Innosea rebrands as OWC, strengthening ABL Group’s renewables offering

French marine renewables consultancy Innosea is rebranding as OWC, finalizing its integration into the ABL Group’s global renewable energy advisory unit. The move consolidates Innosea’s research and development (R&D) and engineering capabilities under the OWC name, while structural, hydrodynamics, a

about 1 year ago
In push to strengthen Europe's energy grid, EIB backs first Spain-France subsea link with €1.6B
Outlook & Strategy

In push to strengthen Europe’s energy grid, EIB backs first Spain-France subsea link with €1.6B

The European Investment Bank (EIB) is supporting the construction of the first submarine electricity interconnection between Spain and France with €1.6 billion, in a push to improve the reliability of power supply among France, Spain and Portugal and with the rest of Europe. Delivered by Inelfe, a j

about 1 year ago
Fugro names news Group Director for Europe and Africa, joins marine carbon dioxide removal project
Outlook & Strategy

Fugro names new Group Director for Europe and Africa, joins marine carbon dioxide removal project

Fugro has appointed Niels Schallenberg as Group Director Europe & Africa, effective July 1, following Erik-Jan Bijvank’s decision to step down from the position in order to pursue opportunities outside the company. The Dutch company reported last month that Bijvank was stepping down from the positio

about 1 year ago
K Line and Yinson Production set sights on LCO2 shipping and injection solutions
Outlook & Strategy

K Line and Yinson Production set sights on LCO2 shipping and injection solutions

K Line Energy Shipping, a London-based unit of Kawasaki Kisen Kaisha (K Line), has joined forces with Yinson Production, an owner and operator of floating production, storage and offloading (FPSO) vessels, to develop and market liquefied CO2 (LCO2) carrier and injection solutions.

about 1 year ago
Axpo
Outlook & Strategy

Sea Cargo Charter: Maritime industry is not there yet regarding decarbonization but progress evident

The majority of signatories to the Sea Cargo Charter (SCC)—a global climate alignment initiative developed by the Global Maritime Forum—reduced their emission intensity over the last year, a new annual disclosure report shows.

about 1 year ago
Clarksons adds LCO2 focus to green transition offering
Outlook & Strategy

Clarksons adds LCO2 focus to green transition offering

Clarksons Green Transition service, an in-house advisory offering by shipbroking and maritime services company Clarksons, has expanded to include liquified CO2 (LCO2).

about 1 year ago
Source: Mermaid Subsea Services (UK)
Outlook & Strategy

Mermaid Subsea wraps up another North Sea well intervention

Aberdeen-headquartered Mermaid Subsea Services (UK) has completed a well intervention on the Teal P2 well in the UK Central North Sea on behalf of Anasuria Operating Company (AOC). According to Mermaid Subsea Services, the operation, carried out from the Island Valiant vessel, focused on delivering

about 1 year ago