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Market Outlooks

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Illustration (Courtesy of Fundy Ocean Research Centre for Energy - FORCE)
Market Outlooks

MRC spotlights marine renewables for Nova Scotia’s clean growth plan

Marine Renewables Canada (MRC) has provided input to the Government of Nova Scotia’s consultation on the Sustainable Development Goals Act (SDGA) and new Climate Change Plan for Clean Growth, highlighting the benefits of offshore wind, and wave and tidal energy.

about 5 years ago
Illustration/Floating solar plant (Courtesy of Laketricity)
Market Outlooks

Ciel & Terre sets up U.S. floating solar joint venture

French-based solar power developer Ciel & Terre has through its subsidiary Laketricity formed a joint venture with BlueWave Solar to deliver floating solar projects in Massachusetts and across the northeast region of the United States.

about 5 years ago
Cheniere LNG used for GHG life cycle assesment study
Market Outlooks

Cheniere LNG used for GHG life cycle assessment study

U.S. LNG exporter Cheniere Energy publicizes a liquefied natural gas life cycle assessment study which allows for improved greenhouse gas (GHG) emissions assessment.

about 5 years ago
Photo showing the deployment operation for multi-sensor platform (Courtesy of OERA)
Market Outlooks

FORCE welcomes multi-sensor platform for in-stream tidal energy monitoring

A multi-sensor platform developed by DP Energy to track environmental effects of in-stream tidal turbines has been deployed in the Minas Passage in Canada’s Bay of Fundy.

about 5 years ago
Photo of Brice Le Gallo (Courtesy of DNV)
Market Outlooks

DNV’s technical expertise backs Indonesia’s 145MW floating solar plant

Independent energy expert and assurance provider DNV has acted as the technical advisor during the development phase of Indonesia’s first-ever floating solar project at Cirata Reservoir in West Java.

about 5 years ago
Photo showing Nova's tidal turbine (Courtesy of Nova Innovation)
Market Outlooks

Nova gets £2M cash injection from Scottish Government for tidal energy scale-up

Tidal energy company Nova Innovation has been awarded £2 million from the Scottish Government to advance tidal turbine manufacturing to a global level.

about 5 years ago
Pacific Khamsin drillship - Noble Corp.
Market Outlooks

Noble secures new work for ex-Pacific rigs but two stacked drillships retired

Noble Corporation has secured new contracts for legacy Pacific rigs but it has also retired two of its stacked drillships.

about 5 years ago
Valaris DS-16 (Resolute)
Market Outlooks

Fresh start for Valaris with new contracts and three stacked rigs returning to work

Valaris is seeing early signs of recovery in rig demand evidenced by new contracts for its fleet of drillships, semi-submersible, and jack-ups.

about 5 years ago
Argos platform - BP
Market Outlooks

BP bounces back to profit, ups dividend

BP has decided to boost its dividend by four per cent and start a share buyback program following a return to profit in 2Q 2021.

about 5 years ago
LNG infrastructure, availability & accessibility: How Titan LNG is supporting demand
Market Outlooks

LNG infrastructure, availability, and accessibility: How Titan LNG is supporting demand?

In a recent interview with Offshore Energy, Dutch independent LNG supplier Titan LNG shared its views and predictions on the demand for LNG as a marine fuel in the upcoming months and years.

about 5 years ago
Dutch and Japanese companies look into Rotterdam hydrogen importing
Market Outlooks

Dutch and Japanese companies look into hydrogen importing

Port of Rotterdam Authority, Koole Terminals, Chiyoda Corporation, and Mitsubishi Corporation have agreed to conduct a joint study of importing commercial-scale hydrogen using Chiyoda’s technology SPERAHydrogen.

about 5 years ago
Image showing DualSub wave and wind renewable energy farm (Courtesy of MPS)
Market Outlooks

Marine Power Systems hits 170% over its original crowdfunding target

Welsh renewable energy developer Marine Power Systems (MPS) has received massive investment support in its ongoing crowdfunding campaign on Crowdcube which closes in five days.

about 5 years ago
Sembcorp Marine
Market Outlooks

More red ink for Sembcorp Marine as Covid-19 disruptions linger

Sembcorp Marine saw its profit and revenues dip in 1H2021 due to project delays and increased costs caused by the Covid-19 disruptions.

about 5 years ago
Illustration/Welsh-based Marine Power Systems (MPS) is developing wave, floating wind, and hybrid solutions combining both renewable energy technologies (Courtesy of MPS)
Market Outlooks

Officials urge for timely creation of ‘ten point plan’ for Welsh renewable energy

The UK Parliament’s Welsh Affairs Committee has called for the development of a specific renewable energy strategy for Wales before the end of this year as failing to do so would put at risk the emerging economic opportunities offered by the shift to net-zero.

about 5 years ago
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