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Illustration (Courtesy of Yuquot Microgrid Project)
Outlook & Strategy

Wave energy device sought for microgrid project in Western Canada

The developers of the Yuquot Microgrid Project have issued a Request for Information (RFI) to determine wave energy converter technologies that are capable of integrating with a microgrid system at Nootka Island in British Columbia.

about 3 years ago
New MoU signed for Greece-Africa interconnector
Outlook & Strategy

New MoU signed for Greece-Africa interconnector

Greece-based Asso.subsea has signed a Memorandum of Understanding (MoU) with Eunice Energy Group for cooperation on the 2 GW electrical interconnection between Greece and Egypt. The project is being developed by the transnational GAP Consortium, founded by Eunice Energy Group, and is aiming to contr

about 3 years ago
Stolt-Nielsen units explore potential of ammonia as alternative fuel
Outlook & Strategy

Stolt-Nielsen units explore potential of ammonia as alternative fuel

Stolt-Nielsen’s units Stolthaven Terminals and Stolt Tankers are exploring the potential of ammonia as a greener alternative to traditional petroleum-based marine fuels to support the ongoing transition to low and zero-carbon energies. In line with this, Stolthaven Terminals, a provider of storage s

about 3 years ago
The International Renewable Energy Agency (IRENA)
Outlook & Strategy

With energy transition off-track, IRENA calls for diverting $1 trillion of annual fossil fuel investment by 2030 to accelerate it

The International Renewable Energy Agency (IRENA) has outlined the investment needs of $35 trillion by 2030 as the price for the green shift.

about 3 years ago
Power cables now in place for electrification of Utsira High
Outlook & Strategy

Power cables now in place for electrification of Utsira High

NKT has completed the power cable systems connecting six offshore oil and gas platforms located at Utsira High to the onshore power supply. This is said to play a central role in reducing carbon emissions from the Norwegian continental shelf (NCS) with 1.2 million tonnes annually. NKT has provided t

about 3 years ago
TotalEnergies starts binding open season for Le Havre FSRU capacity
Outlook & Strategy

TotalEnergies starts binding open season for Le Havre FSRU capacity

TotalEnergies LNG Services France (TELSF), an affiliate of French energy major TotalEnergies, has launched a binding open season to market long-term capacity in its floating storage and regasification unit (FSRU) in Le Havre, France. As announced, the registration period for the open season starts o

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Outlook & Strategy

With over 140 carbon capture, utilisation, and storage hubs in development, 2022 pushes CCUS to new heights

IEA: More than 140 new CCUS projects were announced, ramping up planned storage capacity by 80 per cent, and capture capacity by 30 per cent.

about 3 years ago
ConocoPhillips zeroes in on becoming APLNG upstream operator
Outlook & Strategy

ConocoPhillips zeroes in on becoming APLNG upstream operator

US energy giant ConocoPhillips, through its Australian subsidiary, has revealed plans to become upstream operator of Australia Pacific LNG (APLNG) following the closing of EIG’s transaction with Origin Energy. ConocoPhillips announced its plans on 27 March stating it has agreed to purchase up to an

about 3 years ago
ADNOC, Currenta, and Germany’s North Rhine-Westphalia partner up for ammonia value chain
Outlook & Strategy

ADNOC, Currenta, and Germany’s North Rhine-Westphalia partner up for ammonia value chain

Abu Dhabi National Oil Company (ADNOC), a provider of lower-carbon intensity energy, has announced that it will explore opportunities to support the climate-neutral transformation of industry through the creation of a low-carbon ammonia value chain with state government and industry representatives

about 3 years ago
The Veredas Sol e Lares floating solar plant in Brazil (Courtesy of Creral)
Outlook & Strategy

Largest floating solar plant in Brazil comes online

A consortium consisting of Brazil’s regional energy cooperative Creral and local engineering company Mil Engenharia have put into operation a 1.2MWp floating solar plant, said to be the largest of its kind in the country.

about 3 years ago
Hyundai Glovis and GS Energy shake hands on ammonia and hydrogen projects
Outlook & Strategy

Hyundai Glovis and GS Energy shake hands on ammonia and hydrogen projects

Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, and compatriot energy company GS Energy have agreed to cooperate in eco-friendly business areas, including clean ammonia and hydrogen. To this end, the parties signed a memorandum of understanding (MoU) on 27 March. Under the MoU, Hyu

about 3 years ago
Equinor picks Aker Solutions for Norwegian Sea tie-back job
Outlook & Strategy

Aker Solutions wins contract for Norwegian Sea tie-back job

Norway’s energy giant Equinor has awarded compatriot oilfield services provider Aker Solutions with a contract to tie back two gas fields in the Norwegian Sea to the Åsgard B platform. The contract comprises engineering, procurement, construction, installation and commissioning (EPCIC) and implies t

about 3 years ago
Soltech's first floating solar solution installed by Sud Renovables in Spain (Courtesy of Soltech Group)
Outlook & Strategy

Soltech installs its first floating solar unit in Spain

Sud Renovables, a Spanish subsidiary of Soltech Group, has installed the company’s first floating solar energy unit, which also represents the first installation of that kind in Catalonia in Spain.

about 3 years ago
Denmark and Germany ally on hydrogen and energy systems integration
Outlook & Strategy

Denmark and Germany ally on hydrogen and energy systems integration

Denmark and Germany have signed a cooperation agreement on green hydrogen and the integration of the two countries’ energy systems. According to Denmark’s Ministry of Climate, Energy, and Supply, the declaration is to facilitate an ongoing dialogue between Denmark and Germany and relevant actors abo

about 3 years ago
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