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Market Outlooks

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Yukikazu Myochin, President & CEO at “K” LINE
Market Outlooks

K Line CEO: Installation of 1st Seawing completed

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has completed the installation of the first Seawing, an automated kite system that harnesses wind power, on a Capesize bulk carrier at the end of 2022. The installation was in line with the previously announced schedule, as K Line had been pla

about 3 years ago
The deployment of Crestwing's Tordenskiold wave energy prototype (Courtesy of Crestwing)
Market Outlooks

Danish renewable energy company welcomes new year on the crest of a wave

Danish company Crestwing has entered the new year with significant funding support secured from both government and private entities that will be used to further advance its wave energy technology and bring it to market-ready stage.

about 3 years ago
Is divorce from gas imminent, as the emerging love affair with hydrogen stakes its claim?
Market Outlooks

How likely is the divorce from gas, as the emerging love affair with hydrogen stakes its claim?

Calls for replacing natural gas with hydrogen are gaining ground, but many still see gas as a major player in propelling the energy transition.

11 minutes read
Energy outlook: Oil making a comeback in 2023, says WoodMac
Market Outlooks

Energy outlook: Oil making a comeback in 2023, says WoodMac

With the global energy crisis still running the show, Wood Mackenzie has outlined ten predictions for the energy industry in 2023.

about 3 years ago
Gas investments worth $245 billion across Africa in risk of becoming stranded assets
Market Outlooks

Gas investments worth $245 billion across Africa in risk of becoming stranded assets

Planned investments in gas infrastructure amounting to $245 billion across Africa, are in danger of turning into stranded assets.

about 3 years ago
Future of oil & gas industry hinges on cutting down emissions
Market Outlooks

Future of oil & gas industry hinges on cutting down emissions

As the future of the fossil fuels industry depends on its ability to manage its GHG footprint, what’s the best way to tackle these emissions?

12 minutes read
What will the new year bring to the oil & gas industry?
Market Outlooks

What will the new year bring to the oil & gas industry?

While 2022 was marked by a global energy crisis and price volatility, 2023 is still uncharted territory for the oil and gas industry.

about 3 years ago
2022 is a wrap: Highlights from the oil & gas industry
Market Outlooks

2022 is a wrap: Highlights from the offshore energy industry

In the wake of Russia’s war in Ukraine, the offshore energy industry was thrown for a loop, which resulted in price volatility.

about 3 years ago
Reader's picks: Most attractive subsea topics in 2022
Market Outlooks

Readers’ picks: Most attractive subsea topics in 2022

Looking back, 2022 was a pretty active year in the (offshore) energy sector. A good deal of this might be because COVID-19 has stopped being an obstacle to everyday life, but what seems to be for sure is that energy security and energy crisis-related topics stole most of our attention. Below we brin

about 3 years ago
Illustration/Marmok-A5 wave energy device deployed off Basque Country (Courtesy of Ente Vasco de la Energia)
Market Outlooks

Spain launches €240 million call for marine renewable energy pilots and infrastructure development

The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has opened a €240 million call for the development of marine renewable energy pilot projects, test platforms and associated infrastructure.

about 3 years ago
OceanEnergy's OE35 wave energy device (Courtesy of WEDUSEA project)
Market Outlooks

Op-ed: Tony Lewis on the exciting potential of wave energy

In an op-ed piece, Tony Lewis, chief technology officer at OceanEnergy, sheds more light on the potential of wave energy and the expectations from the WEDUSEA project, being coordinated by the Ireland-based company.

about 3 years ago
Mediterranean Gas completes ARGO FSRU market test
Market Outlooks

Mediterranean Gas completes ARGO FSRU market test

Greek energy utility company Mediterranean Gas has completed the first phase of the market test for the expression of interest and capacity allocation for the ARGO FSRU terminal in Volos. According to Mediterranean Gas, an expression of interest was submitted by Greek and international companies, wh

about 3 years ago
Kanfer Shipping
Market Outlooks

Kanfer teams up with CB Fenton to create LNG bunkering hub in Panama

CB Fenton, part of Ultramar (Chile), and Norwegian small-scale LNG sea transport and bunkering vessels developer Kanfer Shipping have signed a Memorandum of Understanding with the aim of establishing a hub for LNG bunkering and small-scale LNG distribution in/out of Panama. The duo is now seeking a

about 3 years ago
Nigeria plans bidding round for 7 deepwater offshore blocks
Market Outlooks

Nigeria plans bidding round for 7 deepwater offshore blocks

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on behalf of the Federal Government, is planning to hold a mini-bid round for seven offshore blocks in order to spur new exploration and drilling activities in the country’s deep waters. The seven blocks in the Mini Bid Round cover an ar

about 3 years ago
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