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Outlook & Strategy

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Global Energy Group
Outlook & Strategy

GEG, Proman to build renewable power to methanol plant in Scotland

UK port operator Global Energy Group (GEG) has entered into an agreement with Swiss-based integrated energy company Proman to develop a renewable power to methanol plant utilising local sources of captured carbon dioxide (CO2) to be located at the Nigg Oil Terminal in the Highlands of Scotland.

about 5 years ago
Port of Kiel
Outlook & Strategy

Port of Kiel invests in solar power to become climate neutral

Germany’s Port of Kiel is increasing its own production of climate-friendly solar energy as it equipped its cruise terminal Ostseekai with photovoltaic modules.

about 5 years ago
Photo showing ORPC's RivGen device prior to installation in Kvichak River, Alaska (Courtesy of ORPC)
Outlook & Strategy

ORPC bags $25M to accelerate tidal power roll-out

Ocean Renewable Power Company (ORPC) has secured a $20 million investment commitment, with an additional $5 million second closing this fall, from a consortium led by Canadian Shield Capital in alliance with Hatch.

about 5 years ago
Australia
Outlook & Strategy

Australia: Gas supply shortfall possible for east coast market

A supply shortfall in Australia’s east coast gas market is increasingly likely, especially in the southern states, the Australian Competition & Consumer Commission’s (ACCC) latest gas report reveals.

about 5 years ago
TECO 2030
Outlook & Strategy

TECO 2030, Greenstat join hands to develop hydrogen value chain

Norway’s cleantech company TECO 2030 has signed a letter of intent with compatriot energy company Greenstat to cooperate on relevant projects with the aim of developing a complete hydrogen value chain.

about 5 years ago
Odfjell
Outlook & Strategy

Odfjell exits gas carrier business

Odfjell Gas Shipowning AS, part of Norwegian shipping and tank terminal company Odfjell SE, has entered into a transaction agreement with Singapore-based ship owner and operator BW Epic Kosan Ltd. (BWEK) for the sale of two LPG/ethylene carriers.

about 5 years ago
Photo showing the Fred. Olsen Lifesaver wave energy converter deployed at WETS during 2018/2019 (Courtesy of UH/Photo by Pat Cross)
Outlook & Strategy

U.S. Navy gives $6M boost for Hawaii wave energy research

The Naval Facilities Engineering and Expeditionary Warfare Center has provided $6 million to the University of Hawaii at Mānoa (UH) to provide critical research and logistical support to the Navy’s Wave Energy Test Site (WETS), located offshore Marine Corps Base Hawaii.

about 5 years ago
green ammonia
Outlook & Strategy

New green ammonia firm launched in Norway

HEGRA, a company that aims to electrify and decarbonize the ammonia plant at Herøya and enable large-scale green ammonia production, was launched in Norway on 16 August 2021.

about 5 years ago
Illustration (Courtesy of Dominion Energy)
Outlook & Strategy

In focus: Energy transition steadily gaining pace across the globe

The offshore energy sector has this week witnessed the unwavering nature of energy transition which is bound to continue – hopefully at an accelerated pace – as the nature itself steps up its cries for protection by employing the ‘shock and awe’ tactics which set many areas of the world ablaze due t

about 5 years ago
Photo showing T1 tidal turbines to be featured on Subhub device (Courtesy of QED Naval)
Outlook & Strategy

Tocardo delivers T1 tidal turbines for Subhub platform

Dutch tidal energy company Tocardo has delivered its T1 tidal turbines to QED Naval as part of the TIGER project to validate the performance of the Subhub community demonstrator platform.

about 5 years ago
Port of Corpus Christi
Outlook & Strategy

Port of Corpus Christi, HEP eye carbon-neutral (blue) hydrogen production facility

The US Port of Corpus Christi Authority and compatriot energy company Howard Midstream Energy Partners (HEP) have signed a memorandum of understanding (MOU) as they intend to convert Howard’s Javelina refinery services facility into the region’s first carbon-neutral hydrogen production facility.

about 5 years ago
Photo showing Verdant Power’s three-turbine array mounted on TriFrame (Courtesy of U.S. DOE)
Outlook & Strategy

NREL takes deep dive into thermoplastic blade research for tidal energy turbines

National Renewable Energy Laboratory (NREL) researchers have started testing thermoplastic composite blades, said to have the potential to revolutionise the marine energy industry, on a large-scale tidal power turbine.

about 5 years ago
Hy-Fly, Oman forms national hydrogen alliance to push energy transition
Outlook & Strategy

Oman forms national hydrogen alliance to push energy transition

Oman has has brought together 13 public and private-sector institutions to set up a national alliance in order to develop a hydrogen supply chain for the clean fuel industry.

about 5 years ago
BHP
Outlook & Strategy

Pressure growing on BHP to shed oil and gas business

Even more pressure is being put on Australia’s energy major BHP to announce a firm stance on the future of its oil and gas business when it announces its results next Tuesday.

about 5 years ago
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