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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsMarket OutlooksVesselsAuthorities & GovernmentRegulation & PolicyRules & RegulationTransitionProject & TendersVisionCollaborationInnovationResearch & DevelopmentTechnologyCarbon Capture Usage & StorageEnvironmentExploration & ProductionHuman CapitalInfrastructurePorts & LogisticsGreen MarineEquipment
Safe Concordia; Source: Prosafe
Outlook & Strategy

Prosafe’s fleet utilization rate rebounds from last year’s drop in activity

Norway’s Prosafe has shared its fleet utilization rate for April 2024 alongside insights into the vessel activity during 1Q 2024.

about 2 years ago
European Council authorizes gas and hydrogen market package
Outlook & Strategy

European Council authorizes gas and hydrogen market package

The European Council has adopted a regulation and a directive establishing common internal market rules for renewable and natural gases and hydrogen.

about 2 years ago
Continued EPCI projects growth brings UK subsea player to Paris
Outlook & Strategy

Continued EPCI projects growth brings UK subsea player to Paris

UK-headquartered provider of subsea infrastructure installation and protection Enshore Subsea has opened an office in France to support continued growth in its EPCI Projects division. Located in central Paris, the new office is set to provide a base for the company’s team working on turnkey EPCI pro

about 2 years ago
Thyssenkrupp and Johnson Matthey ally on integrated blue ammonia solution
Outlook & Strategy

Thyssenkrupp and Johnson Matthey ally on integrated blue ammonia solution

Thyssenkrupp Uhde and Johnson Matthey (JM) have signed a memorandum of understanding (MoU) to jointly offer a fully integrated low-carbon (blue) ammonia solution.

about 2 years ago
Urgent political alignment needed for UK to achieve 'just and fair' energy transition by 2030, report finds
Outlook & Strategy

Urgent political alignment needed for UK to achieve ‘just and fair’ energy transition by 2030

The UK will fail to achieve a “just and fair” energy transition by 2030 unless there is urgent alignment across the political spectrum to sustain offshore energy industry jobs, supply chain investments and the economic contribution of the workforce, a new report by Robert Gordon University (RGU) sta

about 2 years ago
Illustration/University of Edinburgh's FloWave test tank (Courtesy of the University of Edinburgh)
Outlook & Strategy

FloWave marks its 10th anniversary

The £12 million (approximately $15,2 million) facility, funded by EPSRC, is utilized for testing scaled-down prototypes of emerging commercial technologies and for academic research related to ocean activities.

about 2 years ago
a floating facility that is a commercial-scale 250kW demonstration system
Outlook & Strategy

Tidal energy company gets new name and new CEO

“We are excited to launch Occurrent Power and continue the work of BigMoon and its founder Lynn Blodgett to develop sustainable energy solutions that harness the natural flow of ocean currents and tides,” said the new CEO.

about 2 years ago
New jobs expected in North East England as Prysmian inks deal with Middlesbrough Port
Outlook & Strategy

New jobs expected in North East England as Prysmian inks deal with Middlesbrough Port

Italian cabling giant Prysmian has established a long-term partnership with Port of Middlesbrough, its northern European marine base, as part of its growth plans, expected to create new jobs in the region. Prysmian, which has been a tenant at Port of Middlesbrough for several years, has signed a ten

about 2 years ago
image of an offshore tidal turbine
Outlook & Strategy

Two new blade technologies from Edinburgh University researchers aim for renewable energy efficiency

EPSRC has funded a collaboration between Professor of Fluid Mechanics and Bioinspired Engineering, Ignazio Maria Viola, and Senior Lecturer in Composites Design and Testing, Eddie McCarthy, which resulted in two new technologies that are expected to reduce unsteady loading, improve turbine resilienc

about 2 years ago
New partnership to focus on re-purposing natural gas infrastructure to hydrogen service
Outlook & Strategy

New partnership to focus on re-purposing natural gas infrastructure to hydrogen service

DORIS, ROSEN, and SPIECAPAG have formed a partnership dedicated to re-purposing natural gas infrastructure to hydrogen service.

about 2 years ago
LR
Outlook & Strategy

LR to support Shandong Marine Group’s energy transition journey

The UK-based classification society Lloyd’s Register (LR) and China state-owned enterprise Shandong Marine Group (SDMG) have signed a memorandum of understanding (MoU) that will allow the two organizations to collaborate on energy transition opportunities.

about 2 years ago
Jan De Nul orders twin to XL cable-layer Fleeming Jenkin
Outlook & Strategy

Jan De Nul orders twin to XL cable-layer Fleeming Jenkin

Jan De Nul has ordered a new XL cable-laying vessel (CLV), identical to the Fleeming Jenkin ordered at a Chinese shipyard last year. With a cable-carrying capacity of 28,000 tonnes, the vessels are said to be the largest capacity CLVs in the world. Like Fleeming Jenkin, the new vessel will be 215 me

about 2 years ago
GTT backs Energo’s solution for production of low-carbon fuels
Outlook & Strategy

GTT backs Energo’s solution for production of low-carbon fuels

According to GTT, Energo’s solutions can contribute to the decarbonization of maritime transport through the production of low-carbon fuels.

about 2 years ago
Another local firm receives order for Norwegian ‘first of its kind’ energy subsea construction vessel
Outlook & Strategy

Thruster package ordered for ‘first of its kind’ energy subsea construction vessel

Norwegian Myklebust Shipyard has awarded compatriot Brunvoll with a contract to deliver a thruster package for an energy subsea construction vessel (ESCV) it is building for REM Offshore. Brunvoll will deliver a thruster package consisting of two propulsion azimuth thrusters, two retractable azimuth

about 2 years ago
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