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Outlook & Strategy

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Nexans inks reservation agreement for EuroAsia Interconnector
Outlook & Strategy

Nexans inks reservation agreement for EuroAsia Interconnector

Nexans Norway has signed a reservation agreement for the HVDC cable systems for the Cyprus – Greece link of the EuroAsia Interconnector. EuroAsia Interconnector is a multi-terminal high-voltage, direct current scheme which will comprise three converter stations with sea electrodes, interconnected by

about 3 years ago
ammonia-powered
Outlook & Strategy

Yara and MOL team up to strengthen ammonia supply chain

Yara Clean Ammonia, a subsidiary of Norwegian fertilizer company Yara International ASA, and Japanese shipping giant Mitsui O.S.K. Lines (MOL) have agreed to work together to strengthen ammonia supply chain. According to MOL, the collaboration includes but is not limited to using ammonia as a marine

about 3 years ago
Illustration (Courtesy of EU-SCORES)
Outlook & Strategy

Co-location of offshore wind, wave and floating solar could lead to ‘unprecedented’ LCOE reduction, report finds

Co-location of offshore wind, wave and offshore solar energy in multi-source energy parks could lead to unprecedented reduction of levelized cost of electricity (LCOE), according to a new report by EU-SCORES project.

about 3 years ago
Saudi yard hands out deal for detailed design of new jack-up rigs to U.S. player
Outlook & Strategy

Saudi yard hands out deal for new jack-up rigs to U.S. player

International Maritime Industries (IMI) has awarded a detailed design engineering contract for the construction of jack-up rigs to Zentech.

about 3 years ago
shipping
Outlook & Strategy

HUB Ocean, Mærsk Mc-Kinney Møller Center form knowledge partnership

HUB Ocean, a Norway-based center dedicated to sharing ocean data, and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a Knowledge Partnership Agreement. HUB Ocean is an independent, non-profit tech foundation that invests considerable resources into unlocking ocean data. Its flags

about 3 years ago
Amogy
Outlook & Strategy

Yara Clean Ammonia to use Amogy’s ammonia-to-power system in shipping projects

Brooklyn-based technology startup Amogy has signed a collaboration agreement with Yara Clean Ammonia (YCA), a decarbonization-focused subsidiary of global ammonia producer, Yara International ASA. Under the memorandum of understanding (MOU), Yara will consider Amogy’s ammonia-to-power system as a ze

about 3 years ago
Wisting project in the Barents Sea - Equinor
Outlook & Strategy

Investment decision for Barents Sea project postponed amid cost growth in supply industry

Equinor and its Wisting project partners have decided to postpone the investment decision scheduled for December 2022.

about 3 years ago
BP takes the stage at Offshore Energy Exhibition & Conference
Outlook & Strategy

BP takes the stage at Offshore Energy Exhibition & Conference

BP is joining this year’s Offshore Energy Exhibition & Conference (OEEC) in Amsterdam as the sponsor of The Stage and one of its participants. In three weeks, this open stage on the exhibition floor will put a spotlight on a variety of aspects from the offshore energy sector, from market insights to

about 3 years ago
Dutch bio-LNG production plant for maritime industry enters build phase
Outlook & Strategy

Dutch bio-LNG production plant for maritime industry enters build phase

The Dutch companies Attero, Nordsol and Titan have reached the final investment decision (FID) for their bio-LNG project, FirstBio2Shipping, which now enters the construction phase. The three partners announced the FID on 9 November after meeting at the site for the proposed plant, located at the fa

about 3 years ago
Rovco Hom
Outlook & Strategy

Rovco partners with HOM for wind work offshore Japan

UK-based Rovco and Horizon Ocean Management (HOM) have signed a memorandum of understanding (MoU) for through-life subsea asset integrity and balance of plant survey solutions for the Japanese offshore wind market. The agreement will see both parties work together to analyse the Japanese offshore wi

about 3 years ago
Rodolphe Saade
Outlook & Strategy

France to bankroll development of zero-emission ships with €300 mln, backed by $200 mln from CMA CGM

France plans to assign € 300 million in public funding to help catalyze the decarbonization of its shipping sector and the development of zero-emission vessels. The move was announced by the French secretary of state in charge of maritime affairs, Hervé Berville at a conference held in Lille on Tues

about 3 years ago
Ofgem: FAB Link retains cap and floor regime in principle
Outlook & Strategy

Ofgem: FAB Link retains cap and floor regime in principle

FAB Link, an interconnector that will link Great Britain and France, is retaining its cap and floor regime in principle, Ofgem announced following the needs case reassessment for the project. The FAB Link project, being jointly developed by FAB Link Limited and Réseau de Transport d’Électricité (RTE

about 3 years ago
BP looking into large-scale hydrogen production in Mauritania
Outlook & Strategy

BP looking into large-scale hydrogen production in Mauritania

British energy company BP has signed a memorandum of understanding (MoU) with the Government of Mauritania to explore the potential for large-scale production of green hydrogen in the country. The MoU was signed on 8 November in a meeting alongside the 27th United Nations Climate Change Conference (

about 3 years ago
Illustration/Andritz tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Outlook & Strategy

SIMEC Atlantis appoints MeyGen chief as tidal power project makes progress

SIMEC Atlantis Energy has made ‘good progress’ in the delivery of its commercial-scale tidal energy array at MeyGen site in Scotland.

about 3 years ago
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