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Outlook & Strategy

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GlobalData: Russia, China to lead in small-scale LNG liquefaction
Outlook & Strategy

GlobalData: Russia, China to lead in small-scale LNG liquefaction

Russia and China are expected to lead the global small-scale LNG liquefaction capacity additions by 2025, according to the analytics company GlobalData.

about 5 years ago
Illustration/Wavepiston wave device test string (Courtesy of Michael Henriksen/Wavepiston)
Outlook & Strategy

EU approves €400M Danish aid scheme for renewable energy

The European Commission has approved, under the EU State aid rules, a new Danish aid scheme to support electricity production from renewable sources, including offshore wind and wave energy.

about 5 years ago
Drillships acquired by Noble Corp. through Pacific Drilling takeover
Outlook & Strategy

Noble Corp. shares Transocean’s optimism about market outlook

Just like its rival Transocean, Noble Corp. is optimistic about the outlook with a pipeline of tender opportunities on the horizon.

about 5 years ago
Photo showing Minesto's DG100 tidal kite (Courtesy of Minesto)
Outlook & Strategy

Minesto raises close to €16M through fully subscribed warrants program

Swedish marine energy developer Minesto has secured SEK 161.6 million (€15.9 million) in proceeds through fully subscribed TO3 warrants program which will be used for the company’s commercial expansion.

about 5 years ago
Saipem
Outlook & Strategy

Saipem chairman takes on chief executive role

Italian oilfield services provider Saipem has appointed the current chairman of the company as its new chief executive officer (CEO).

about 5 years ago
seafarers
Outlook & Strategy

Industry starts $1M target emergency relief fund to tackle COVID-19 seafarer crisis

Seafarer welfare charities and shipping industry players have launched an emergency relief fund in order to support seafarers and their families devastated by the rampant COVID-19 pandemic in India and other countries.

about 5 years ago
ABS: LNG to play a major role in maritime decarbonisation
Outlook & Strategy

ABS: LNG to play a major role in maritime decarbonisation

American maritime classification society American Bureau of Shipping (ABS) has published a study that demonstrates LNG’s potential to help reach low carbon goals in the shipping industry.

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

EDF hires BELECTRIC to build floating solar plant in Israel

French energy giant EDF has hired a German-based company BELECTRIC to build 19.3MWp floating solar power plant in Israel.

about 5 years ago
Transocean optimistic about contracting after securing new rig jobs
Outlook & Strategy

Transocean optimistic about contracting after securing new rig jobs

Following new contract awards to its drillships and a harsh environment rig, Transocean is optimistic about contracting throughout the year.

about 5 years ago
Photo showing the first of four planned floaters for Statkraft on the Banja reservoir in Albania (Courtesy of Ocean Sun)
Outlook & Strategy

Statkraft, Ocean Sun wrap first phase of Albanian floating solar project

Norwegian floating solar company Ocean Sun has together with project partner Statkraft completed the first phase of its 2MWp floating solar scheme on the Banja reservoir in Albania.

about 5 years ago
Iona
Outlook & Strategy

VSM: There is a risk of irreversible loss of essential shipbuilding skills

The corona pandemic has further exposed the vulnerabilities of the German and EU shipbuilding sectors, which have already been under massive pressure from the Asian competition. Specifically, German shipbuilders have been predominantly active in the cruise shipbuilding and large yacht building secto

about 5 years ago
Bureau Veritas sets rules and guidelines on ammonia as a marine fuel
Outlook & Strategy

Bureau Veritas sets rules and guidelines on ammonia as a marine fuel

Classification society Bureau Veritas has published an Ammonia-Prepared notation and is developing a Rule Note for ammonia as a marine fuel to support advancement towards a zero-carbon future.

about 5 years ago
Photo of ORPC's RivGeg unit operating in Alaska (Courtesy of ORPC)
Outlook & Strategy

ORPC wins innovator of the year award

U.S.-based marine energy developer Ocean Renewable Power Company (ORPC) has been selected by the Maine International Trade Center (MITC) as Innovator of the Year.

about 5 years ago
An image showing AquaVentus offshore wind turbines with electroloysers on foundation platforms
Outlook & Strategy

Equinor, Ørsted, Boskalis join AquaVentus offshore wind-to-hydrogen project

Ten new companies have joined the AquaVentus offshore wind-to-hydrogen project, including offshore wind developers Ørsted, Equinor, and WindMW, as well as the offshore construction company Royal Boskalis Westminster. The AquaVentus consortium, which is developing a massive project revolving around g

about 5 years ago
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