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Market Outlooks

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Three giants booked for FEED job on ‘UK’s first power station with carbon capture and storage’
Market Outlooks

Contractors chosen for FEED job on ‘UK’s first power station with carbon capture and storage’

After securing the FEED contract, Aker Solutions, Siemens Energy and Doosan Babcock will work together on a proposed power station with CCS.

about 4 years ago
Alfa Laval
Market Outlooks

Alfa Laval acquires tank cleaning firm Scanjet

Swedish sustainable solutions provider Alfa Laval has signed an agreement to acquire Scanjet, a compatriot supplier of marine tank cleaning equipment.

about 4 years ago
Equinor comes on board Mærsk Mc-Kinney Møller zero carbon centre to speed up maritime decarbonisation
Market Outlooks

Equinor comes on board Mærsk Mc-Kinney Møller Center in push to speed up shipping decarbonisation

Equinor has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping on its journey to accelerate the decarbonisation of shipping.

about 4 years ago
Illustration/University of Washington – Harris Hydraulics: Alice C. Tyler Flume (Courtesy of TEAMER Program)
Market Outlooks

TEAMER opens new call to support marine energy innovations

The Testing Expertise and Access for Marine Energy Research (TEAMER) program, supported by the US Department of Energy (DOE), has opened its seventh call for applications for marine energy developers.

about 4 years ago
Idle fleet reactivation on the rise as high oil prices spearhead offshore investments, Westwood says
Market Outlooks

Idle OSV fleet reactivation on the rise as high oil prices spearhead investments, Westwood says

Westwood reveals an uptick in offshore E&P investment and rig count with the demand for OSVs resulting in more idle fleets being reactivated.

about 4 years ago
HelioRec’s floating solar system (Courtesy of HelioRec)
Market Outlooks

HelioRec teams up with Rexplorer for floating solar projects

French start-up HelioRec has partnered up with Estonian software company Rexplorer to accelerate the development of floating solar projects.

about 4 years ago
Illustration/CorPower Ocean’s C3 wave energy device (Courtesy of CorPower Ocean/Photo by Colin Keldie)
Market Outlooks

UK Marine Energy Council appoints big industry names to its board

The UK Marine Energy Council has appointed three new members to its board following the recent growth of the organization which acts as the representative body for the UK marine renewable energy industry.

about 4 years ago
Illustration/C4 wave device rendering (Courtesy of CorPower Ocean)
Market Outlooks

CorPower Ocean set to launch ‘next-generation’ wave energy converter

CorPower Ocean is set to officially launch its next-generation C4 wave energy converter alongside its new ‘CorPack Concept’ providing the building blocks for future wave energy farms.

about 4 years ago
Chevron to look into unlocking lower carbon potential in Kazakhstan
Market Outlooks

Chevron and KazMunayGas set on unlocking lower carbon potential in Kazakhstan

Chevron has joined forces with KazMunayGas to collaborate on evaluating, investigating and pursuing lower carbon opportunities in Kazakhstan.

about 4 years ago
Illustration; Source: Perenco
Market Outlooks

Perenco inks deal with New Age to take over Etinde permit operatorship

Perenco has inked a deal with New Age to buy its stake and take over the operatorship of a field offshore Cameroon.

about 4 years ago
EEL Energy’s latest tidal energy test campaign in the Port of Brest (Courtesy of EEL Energy)
Market Outlooks

EEL Energy puts 50kW biomimetic tidal turbine on tryouts in France

French company EEL Energy has tested its commercial-scale 50kW tidal energy turbine in the Port of Brest.

about 4 years ago
Illustration/CETO wave energy array (Courtesy of Carnegie Clean Energy)
Market Outlooks

Carnegie delivers ‘step change improvements’ in cost and performance of CETO wave tech

Carnegie Clean Energy has achieved its internal commercial target of reducing CETO wave energy technology’s cost of energy to a level that puts it on the established industry trajectory and reduces timeframe to reach commercialization.

about 4 years ago
Illustration/Sabella's tidal turbine (Courtesy of Sabella)
Market Outlooks

REPowerEU: Renewables industry calls for ‘bolder action’ on cleantech innovation

Ocean Energy Europe (OEE) has signed a joint letter supporting the objectives of the REPowerEU Plan to phase out Europe’s dependency on fossil fuels faster, calling also for ‘bolder action’ on the accelerated roll-out of renewable energy.

about 4 years ago
A photo of the G7 ministers at the meeting in Berlin in May 2022
Market Outlooks

In focus: G7 puts fossil fuel financing in crosshairs, commits to electricity sector decarbonization

The latest meeting of the G7 ministers for climate, energy, and environment has resulted in further commitments from the world’s most developed countries to curb the rise in global temperatures to 1.5°C and assist the countries affected the most by climate change. One of the commitments that stands

about 4 years ago
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