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Outlook & Strategy

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Alotta's floating solar power plant at Emilsen Fisk's facility in Båfjordstranda, Norway
Outlook & Strategy

Norway’s northernmost floating solar plant to power fish farm

Norwegian renewable energy firm Alotta, in collaboration with compatriot fish farming company Emilsen Fisk, is installing a floating solar power plant at the latter’s facility in Båfjordstranda, making it the “world’s northernmost floating solar power plant.” According to Alotta, the project, backed

about 1 year ago
Core Power
Outlook & Strategy

New report proposes framework for UK action on maritime nuclear power

CORE POWER, NorthStandard and Lloyd’s Register (LR) have jointly published a report that sets out a policy framework for the UK government to support the deployment of advanced small nuclear reactors on commercial ships and floating nuclear power plants (FNPPs).

about 1 year ago
Corner of a building viewed from below
Outlook & Strategy

Sidara’s takeover of Wood back on the table

Wood has been approached by architecture and engineering consultancy Dar Al-Handasah Consultants Shair and Partners Holdings (Sidara) regarding a possible takeover.

about 1 year ago
Nuclear
Outlook & Strategy

Can US revamp shipbuilding sector by turning to nuclear-powered ships?

New nuclear reactor technology represents a once-in-a-generation opportunity for US industrial policy, Christopher J. Wiernicki, Chairman and CEO of class society ABS, believes.

about 1 year ago
Recently established company taps OneSubsea for subsea wellhead technology
Outlook & Strategy

Recently established company taps OneSubsea for subsea wellhead technology

Houston-headquartered Innovex International, established in 2024 following the merger of Dril-Quip and Innovex Downhole Solutions, has signed a master service agreement with SLB OneSubsea for the supply of subsea wellhead technology. Dril-Quip, a developer, manufacturer and provider of highly engine

about 1 year ago
Prototype of Seaturns at Sainte Anne Portzic
Outlook & Strategy

Seaturns targets commercialization of its wave energy technology after sea trials

French wave energy developer Seaturns has completed sea trials of its wave energy technology at the IFREMER test site in Brest, France, moving a step closer to commercialization. The company is now gearing up for full-scale testing in 2025. In collaboration with IFREMER, Seaturns deployed a 1/4-scal

about 1 year ago
LoqTech
Outlook & Strategy

WinGD calls for ‘strong’ measures to meet maritime GHG targets

WinGD has urged the industry to add its voice to the call for “strong” measures that give shipowners a clear path to decarbonization.

about 1 year ago
Belgium’s Blue Accelerator test site has undergone an upgrade as part of the Test@Sea project, enhancing offshore testing infrastructure with new frames and sensors for materials research.
Outlook & Strategy

Blue Accelerator enhances infrastructure to meet growing offshore testing demand

Belgium’s Blue Accelerator, a blue economy testing platform, has undergone an upgrade as part of the Test@Sea project, enhancing offshore testing infrastructure with new frames and sensors for materials research. According to Blue Accelerator, the expansion was completed in three phases. In fall 202

about 1 year ago
Source: Explicit
Outlook & Strategy

Equinor puts drones to work to survey methane emissions

Norwegian state-owned energy company Equinor has awarded a Denmark-based green tech scaleup with a multi-million euro contract to survey methane emissions from all Norwegian assets using drones. The Danish company Explicit has been contracted to survey 39 offshore platforms located on the Norwegian

about 1 year ago
Frontal view of a vessel at sea
Outlook & Strategy

Partners begin permitting process for circular methanol and hydrogen plant in Italy

MET Development, Eni and Iren Ambiente have started the permitting process for a circular methanol and hydrogen production plant at Eni’s refinery in Pavia, Italy.

about 1 year ago
ExxonMobil, Mitsui and Woodside investing $200M in Australian gas project
Outlook & Strategy

ExxonMobil, Mitsui and Woodside investing $200M in Australian gas project

Esso Australia, an Australian affiliate of ExxonMobil, and its co-venture partners Mitsui and Woodside Energy are planning to invest almost $200 million into a project offshore Australia that will bring additional gas supply from the Gippsland Basin online. The Kipper 1B Project will use the VALARIS

about 1 year ago
UK and French regulatory authorities sit down to discuss further joint electricity interconnection
Outlook & Strategy

UK and French regulatory authorities exploring additional joint electricity interconnections

French Energy Regulatory Commission (CRE) and Great Britain’s independent energy regulator Ofgem have come to an agreement to continue exploring further electricity interconnection development opportunities of around 1 GW capacity between France and the UK. The countries have an electricity partners

about 1 year ago
An offshore vessel
Outlook & Strategy

Saipem and Subsea7 unveil merger plan

Italy’s engineering, drilling, and construction services giant Saipem has signed a memorandum of understanding (MoU) for the possible merger with UK-based energy player Subsea7.

about 1 year ago
Construction starts on Hyoffwind green hydrogen facility in Zeebrugge
Outlook & Strategy

Construction starts on Hyoffwind green hydrogen facility in Zeebrugge

Construction has started on the Hyoffwind green hydrogen production facility in Zeebrugge, Belgium.

about 1 year ago
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