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Market Outlooks

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DecommissioningFossil EnergyOil & GasSubseaBusiness & FinanceBusiness Developments & ProjectsOutlook & StrategyTransitionVesselsMarine EnergyTidal & Wave EnergyCollaborationEquipmentInfrastructureProject & TendersTechnologyVisionRigsExploration & ProductionAuthorities & GovernmentInnovationRegulation & PolicyEnergy Efficiency & InnovationGreen MarineIT & SoftwareHydrogenOffshore WindElectricShipbuildingResearch & DevelopmentLNGEnvironmentFloating SolarRules & RegulationClean Fuel
U.S. energy services provider to expand its decom presence in Gulf of Mexico with new acquisition
Market Outlooks

Helix expanding decommissioning presence in Gulf of Mexico with new acquisition

Helix Energy Solutions has inked a deal to acquire Alliance in a bid to widen and increase its decom footprint in the Gulf of Mexico.

about 4 years ago
Inna Braverman with Antonio Zaforteza (Courtesy of Eco Wave Power)
Market Outlooks

Eco Wave Power outlines implementation plan for wave power plant in Spain

Eco Wave Power and its project partner OCIBAR have agreed terms for the detailed feasibility study and project licensing for the 2MW wave energy plant in Port Adriano.

about 4 years ago
Offshore rig utilisation rate higher than reported as market continues to tighten, Westwood says
Market Outlooks

Offshore rig utilisation rate even higher than reported as market continues to tighten, Westwood says

Westwood has revealed that the offshore rig utilisation is expected to continue its upward traction and spur a further rise in day rates.

about 4 years ago
Sihwa Tidal Power Plant (Screenshot/Source: YouTube)
Market Outlooks

Liverpool officials look to Far East for tidal barrage ideas

Representatives of the Liverpool City Region Combined Authority (LCRCA) have embarked on a mission to South Korea, during which they will visit the Sihwa Tidal Power Plant near Seoul, the world’s largest tidal power plant in the world.

about 4 years ago
NAPA
Market Outlooks

NAPA: Future green ships to be made of data just as much as steel

The sustainable ship of the future will be made of data just as much as of steel, Mikko Kousa, CEO of Finnish maritime software company NAPA, said in an interview with Offshore Energy.

about 4 years ago
Illustration/Wavepiston’s wave energy system in Canary Islands (Courtesy of Ocean Energy Europe)
Market Outlooks

Renewable energy industry losing confidence in EU’s Innovation Fund

Several European renewable energy associations have united to call for changes to the EU’s Innovation Fund as its award criteria ‘puts renewable energy projects at a structural disadvantage’.

about 4 years ago
CCS
Market Outlooks

CCS: China to boost electric ship production after delivery of battery-powered cruise ship

China plans to ramp up the building of fully electric battery-powered ships to operate on the country’s extensive inland waterways network following the successful maiden voyage of the Chang Jiang San Xia 1, a battery-powered cruise ship, China Classification Society (CCS) said.

about 4 years ago
FastBlade staff at the facility's launch event (Courtesy of the University of Edinburgh/Photo by Lesley Martin)
Market Outlooks

World-class tidal blade test facility opens for business in Scotland

The world’s first rapid testing facility for tidal turbine blades, which researchers say can speed up development of marine energy technologies while helping to reduce costs, has opened for business in Scotland.

about 4 years ago
Greater Tortue Ahmeyim project
Market Outlooks

Europe eyes gas-rich African nations for new supplies, Rystad says

Africa is conservatively forecast to reach peak gas production at 470 Bcm by the late 2030s, according to Rystad Energy research.

about 4 years ago
The first tidal turbine from Nova Innovation, named Flo, to be deployed in Canada (Courtesy of Nova Innovation)
Market Outlooks

Nova Innovation showcases tidal turbine ahead of installation in Canada

Scottish company Nova Innovation has welcomed Nova Scotia’s premier Tim Houston at its facilities to showcase the first turbine to be deployed in the waters of Petit Passage in July 2022.

about 4 years ago
Sustainable Marine's PLAT-I floating tidal energy platform in Nova Scotia (Courtesy of Sustainable Marine)
Market Outlooks

Sustainable Marine exports first floating tidal power to Nova Scotia grid

UK-based marine energy company Sustainable Marine has harnessed the enormous tidal currents in Canada’s Bay of Fundy, delivering the first floating in-stream tidal power to Nova Scotia’s grid.

about 4 years ago
Illustration/Aerial view of floating solar farm in China (Courtesy of DNV)
Market Outlooks

DNV moves to the forefront of floating solar industry standardization

DNV, an independent energy expert and assurance provider, has introduced two joint industry projects aiming to create comprehensive standardization guides for the floating solar industry.

about 4 years ago
Germany to draft law to accelerate the use of LNG
Market Outlooks

Germany unveils bill to accelerate the use of LNG

Germany has taken another important step to reduce independence from Russian energy imports by deciding to draft a law to accelerate the use of LNG.

about 4 years ago
Novige's scaled NoviOcean NO2 wave energy device (Courtesy of Novige)
Market Outlooks

Swedish start-up collects multi-million EU grant for full-scale wave energy device

Swedish company Novige has been selected by the European Climate, Infrastructure and Environment Executive Agency (CINEA) to receive a multi-million euro grant to build its full-scale wave energy device.

about 4 years ago
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