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Electrolyzer facility HySynergy hits several milestones
Outlook & Strategy

Electrolyzer facility HySynergy hits several milestones

Danish green hydrogen provider Everfuel has announced that several milestones were attained towards completing the 20 MW HySynergy phase 1 electrolyzer in Fredericia, Denmark. The company said it obtained environmental approval for the hydrogen plant from the Danish Environmental Ministry, and it ma

about 3 years ago
MOL
Outlook & Strategy

MOL pens deal with BOCOM Leasing for LNG carrier trio

Japanese shipping company Mitsui O.S.K. Lines (MOL) has entered into a lease agreement for three new LNG carriers with Bank of Communications Financial Leasing Co (BOCOM Leasing). The three 17,400 cbm LNG carriers are under construction at Hudong-Zhonghua Shipbuilding (Group). The lease has been car

about 3 years ago
ammonia lco2 carrier
Outlook & Strategy

Mitsubishi, NYK Line win green light for their ammonia and LCO2 carrier

Japanese heavyweights Mitsubishi Shipbuilding Co., Ltd. and Nippon Yusen Kabushiki Kaisha (NYK Line) have secured an Approval in Principle (AiP) for their jointly developed ammonia and liquefied CO2 (LCO2) carrier from ClassNK. The vessel is designed to carry both ammonia and LCO2 safely and economi

about 3 years ago
Centrica taps Wood to explore low-carbon hydrogen production hub in East Yorkshire
Outlook & Strategy

Centrica taps Wood to explore low-carbon hydrogen production hub in East Yorkshire

UK’s Centrica Storage has teamed up with consulting and engineering firm Wood to evaluate the feasibility of transforming its Easington gas processing terminal into a low-carbon hydrogen production hub. Based in East Yorkshire, the hub will be integrated with Centrica’s Rough field redevelopment and

about 3 years ago
Illustration/Argeo survey cable tracking (Courtesy of Argeo)
Outlook & Strategy

Argeo secures new patent for tracking and detection of pipelines and power cables

Argeo Robotics, a fully owned subsidiary of marine survey contractor Argeo, has been granted a patent from the Norwegian Industrial Property Office for a subsea electromagnetic remote-sensing system for tracking of buried cables and pipelines below the seafloor.

about 3 years ago
CorPower Ocean’s composite hull for its C4 device (Courtesy of CorPower Ocean)
Outlook & Strategy

Australian research centers join forces with CorPower Ocean on wave energy hydrodynamics project

Marine Energy Research Australia (MERA) has teamed up with CorPower Ocean and Australia Ocean Energy Group (AOEG) to perform an extensive study focused on wave energy hydrodynamics, which could result in driving performance, reducing cost and accelerating commercialization of wave energy technology.

about 3 years ago
Alfred Stern, OMV's Chairman of the Executive Board and CEO; Source: OMV
Outlook & Strategy

OMV CEO staying put for two more years

OMV has reappointed its current Chairman of the Executive Board and Chief Executive Officer (CEO), extending its stay in this role.

about 3 years ago
Fugro to explore ground conditions for future French offshore wind farms
Outlook & Strategy

Fugro to explore ground conditions for future French offshore wind farms

Fugro has secured a contract with France’s Directorate General of Energy and Climate (DGEC) and Réseau de Transport d’Electricité (RTE) to perform a ground investigation campaign set to support the development of future wind farms in French waters. The acquired geo-data will be used by pre-selected

about 3 years ago
AD Ports group Premier Marine
Outlook & Strategy

AD Ports, Premier Marine form drydocking JV

UAE-based port operator AD Ports Group and Premier Marine Engineering Services LLC (Premier Marine), a compatriot shipyard company specialising in shipbuilding and repair services to the marine and offshore industries, have formed a new joint venture, SAFEEN Drydocks. The joint venture is structured

about 3 years ago
Illustration; W&T Offshore
Outlook & Strategy

US oil & gas firm names new CFO

W&T Offshore has appointed a new Chief Financial Officer (CFO), who has 25 years of financial and operational experience.

about 3 years ago
Wood allies with Transitus on decarbonization in United Kingdom
Outlook & Strategy

Wood allies with Transitus on decarbonization in United Kingdom

Consulting and engineering company Wood has signed a Memorandum of Understanding (MoU) with energy transition company Transitus Energy to explore opportunities for onshore and offshore decarbonization projects across the United Kingdom (U.K.) energy industry. According to Wood, the two companies wil

about 3 years ago
llustration/Morlais Demonstration Zone (Courtesy of Marine Energy Wales/Archive)
Outlook & Strategy

Welsh marine energy sector breaks record with €120M investment over last year

The Marine Energy Wales annual State of the Sector Report has highlighted the progress and achievements of Wales in the marine renewable energy sector, unveiling €120.4 million investment in the sector over last year – nearly quadrupling the previous year’s figures.

about 3 years ago
ABS launching new research projects to support maritime and offshore industries
Outlook & Strategy

ABS launching new research projects to support maritime and offshore industries

Classification society ABS and Texas A&M Engineering Experiment Station (TEES) have launched a batch of new, funded research projects covering topics related to safety and performance in marine and offshore industries, such as ammonia as fuel, ship electrification and carbon capture and sequestratio

about 3 years ago
AD Ports
Outlook & Strategy

AD Ports Group inks concession deals with KTP, Congo

UAE-based port operator AD Ports Group has signed a concession agreement with Karachi Port Trust (KPT), the Pakistani federal government agency that oversees the operations of the Port of Karachi. Under the terms of the 50-year concession agreement, a Joint Venture between AD Ports Group, as a major

about 3 years ago
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