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Outlook & Strategy

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Lhyfe and INOCEL pen four-year hydrogen supply deal
Outlook & Strategy

Lhyfe and INOCEL pen four-year hydrogen supply deal

Lhyfe and INOCEL have signed a contract covering the supply of up to 140 tonnes of green hydrogen over a period of four years for the test benches of fuel cells manufactured by INOCEL.

about 1 year ago
A woman smiling
Outlook & Strategy

Upstream director out the door as Shell seeks to ‘delayer’ top management

UK-headquartered energy giant Shell has announced leadership changes, including the stepping down of its Integrated Gas and Upstream Director.

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about 1 year ago
ORLEN and Equinor to jointly explore carbon capture and storage opportunities
Outlook & Strategy

ORLEN and Equinor to jointly explore carbon capture and storage opportunities

Polish multi-utility company ORLEN and Norwegian state-owned energy company Equinor have signed a collaboration agreement to explore opportunities for carbon capture and storage (CCS) technology in Poland. The scope of the agreement covers the transport and storage of CO2 in Poland, with the partner

about 1 year ago
Repair costs for damaged Finland-Estonia subsea link to be sought via court
Outlook & Strategy

Shipowner to be taken to court over damage of Finland-Estonia subsea link

Estonian transmission system operator (TSO) Elering and its Finnish counterpart Fingrid have withdrawn the request to seize the ship that broke the EstLink 2 power connection in December 2024 for compensation for damages, and plan to sue the shipowner for compensation for repair costs. To remind, Fi

about 1 year ago
Andritz to work on 100 MW green hydrogen plant in Germany
Outlook & Strategy

Andritz to work on 100 MW green hydrogen plant in Germany

Andritz has received an order from rostock EnergyPort cooperation (REPCO) for the engineering of a 100 MW green hydrogen plant in Rostock, Germany.

about 1 year ago
Orkney Islands-based firm gets seven-figure boost for new subsea services department
Outlook & Strategy

Orkney Islands-based firm gets seven-figure boost for new subsea services department

Green Marine UK, founded in 2012 in the Scottish Orkney Islands, has made a seven-figure capital investment in a new subsea services department targeting the offshore wind sector in the UK. The expansion, supported by £218,750 financial backing from Highlands and Islands Enterprise (HIE), includes t

about 1 year ago
Methanol automation order for Jan De Nul's XL cable-layers goes to Finland
Outlook & Strategy

Methanol automation order for Jan De Nul’s XL cable-layers lands in Finland

Valmet, a Finland-headquartered developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, has received an order for a marine methanol fuel automation control system for two cable-laying vessels (CLV) being built in China for Jan De Nul. The or

about 1 year ago
Wave energy developer Eco Wave Power has started infrastructure upgrades at its 1 MW wave energy project in Porto, Portugal.
Outlook & Strategy

Eco Wave Power advances infrastructure work for Portugal wave energy project

Wave energy developer Eco Wave Power has started infrastructure upgrades at its 1 MW wave energy project in Porto, Portugal. According to Exo Wave Power, the work focuses on preparing “The Gallery,” a breakwater tunnel, to install wave energy conversion equipment. The company is clearing sand and de

about 1 year ago
Costamare to spin off dry bulk business
Outlook & Strategy

Costamare to spin off dry bulk business

Costamare, owner and provider of containerships and dry bulk vessels for charter, has revealed plans to spin off its dry bulk business.

about 1 year ago
Ports of Rotterdam and Antwerp-Bruges call for rapid Clean Industrial Deal implementation
Outlook & Strategy

Ports of Rotterdam and Antwerp-Bruges call for rapid Clean Industrial Deal implementation

The Dutch Port of Rotterdam and Belgian Port of Antwerp-Bruges have welcomed the Clean Industrial Deal, through which the European Commission intends to strengthen the competitiveness of European industry, emphasizing that now is the time to concretize the announced measures.

about 1 year ago
ABL settles in Namibia to support local oil & gas and energy transition
Outlook & Strategy

ABL settles in Namibia to support local oil & gas and energy transition

Energy and marine consultancy ABL has expanded its operations to Namibia with the aim of supporting the local oil & gas market, as well as the country’s energy transition. The new entity will provide the company’s full technical service offering in energy and marine consulting, with a focus on marin

about 1 year ago
C40 Cities
Outlook & Strategy

Maritime industry welcomes EU’s Clean Industrial Deal but says more work needed to boost green fuels production

Associations representing the maritime industry have welcomed the European Commission’s new plan marrying climate action and competitiveness but highlighted the need for a much stronger effort from the EU to scale up the production of green fuels.

about 1 year ago
Expro comes onboard first Dutch offshore CCS project
Outlook & Strategy

Expro comes onboard first Dutch offshore CCS project

U.S.-headquartered energy services provider Expro has won a contract to supply tubular running services (TRS) for the first offshore carbon capture and storage (CCS) project in the Netherlands. The contract covers the recompletion and conversion of legacy offshore gas production wells into CO2 injec

about 1 year ago
STAX Engineering gets funding boost, launches carbon capture trials with Seabound
Outlook & Strategy

STAX Engineering gets funding boost, launches carbon capture trials with Seabound

STAX Engineering has secured a $70 million funding boost, alongside launching new carbon capture trials with Seabound.

about 1 year ago