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Outlook & Strategy

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Energinet and Gasunie to cooperate on hydrogen infrastructure
Outlook & Strategy

Energinet and Gasunie to cooperate on hydrogen infrastructure

Danish energy company Energinet and Dutch gas infrastructure firm Gasunie have signed a memorandum of understanding (MoU) to accelerate the preparations for cross-border hydrogen infrastructure between Denmark and Germany.

about 4 years ago
West Ariel rig - Seadrill
Outlook & Strategy

Seadrill to sell seven jack-up rigs for $628 million

Seadrill has entered into a binding share purchase agreement with ADES to sell the legal entities that own and operate seven jack-ups in Saudi Arabia.

about 4 years ago
Triton-C being prepared for WETS deployment (Courtesy of Oscilla Power)
Outlook & Strategy

Wave energy to ensure clear communication in the island of Hawaii

US-based wave energy developer Oscilla Power has partnered up with the State of Hawaii and the University of Hawaii to test a new wave energy-powered emergency communication system.

about 4 years ago
TGS buys ION's multi-client and processing business
Outlook & Strategy

TGS buys ION’s multi-client and processing business

TGS has completed the transaction to acquire the multi-client and processing business of ION Geophysical Corporation, referred to as the E&P Technology and Services (EPTS) business. The acquisition includes all of ION’s global offshore multi-client data library, data processing and imaging capabilit

about 4 years ago
Oil & gas players to explore potential of large-scale, multi-user CCS hub in Australia
Outlook & Strategy

Oil & gas players to look into establishing large-scale, multi-user CCS hub in Australia

Woodside, BP, MIMI, Shell, and Chevron will join forces to evaluate the potential for a large-scale, multi-user CCS hub off Australia.

about 4 years ago
MPA
Outlook & Strategy

Port of Singapore eyes full maritime 5G coverage by 2025

The Maritime and Port Authority of Singapore (MPA) is ramping up its efforts to enhance digital connectivity in the port.

about 4 years ago
mWave wave energy device under construction (Courtesy of Bombora Wave Power)
Outlook & Strategy

Bombora Wave Power scouts for marine ops services for mWave demonstrator

Bombora Wave Power is looking to appoint a contractor who would provide marine operations services for its mWave wave energy demonstration project.

about 4 years ago
UK regulator gives Centrica the go-ahead for gas storage project
Outlook & Strategy

UK regulator grants Centrica the go-ahead for gas storage project

Centrica has received the green light from the UK’s North Sea Transition Authority for a gas storage project in the Southern North Sea.

about 4 years ago
Viking Line opts for Elomatic’s solution to reduce energy consumption
Outlook & Strategy

Viking Line opts for Elomatic’s solution to reduce energy consumption

Finland-based shipping company Viking Line has decided to install a resistance-reducing solution on its Viking Grace ship in order to improve its energy efficiency. Viking Line has ordered the Elogrid solution from compatriot engineering and consulting company Elomatic for Viking Grace, which is the

about 4 years ago
Proman Stena Bulk
Outlook & Strategy

New Proman Stena Bulk tankers complete South Korea’s 1st methanol bunkering

Shipping joint venture Proman Stena Bulk said that its two fully operational methanol-fuelled tankers have become the first vessels to bunker methanol in Ulsan, South Korea.

about 4 years ago
Core Power
Outlook & Strategy

Core Power wins funding for floating nuclear research project

The UK-based Core Power has secured research funds from the U.S. Department of Energy’s Nuclear Energy University Program (NEUP) to study the development of offshore floating nuclear power generation in the US. Core Power specializes in scalable atomic power technology for ocean transport and heavy

about 4 years ago
Blue World Technologies
Outlook & Strategy

Blue World Technologies ready to scale up methanol fuel cell tech for maritime sector

The Bill Gates-founded investment fund Breakthrough Energy Ventures (BEV) has entered as an investor in Danish fuel cell company Blue World Technologies alongside Vaekstfonden, DEUTZ AG, and existing investors who invested back in December 2021 to complete the company’s €37 million series B round.

about 4 years ago
Floating solar unit at Banja reservoir, with mooring prepared for three additional rings (Courtesy of Ocean Sun)
Outlook & Strategy

Ocean Sun boosts half-year revenues

Norwegian floating solar company Ocean Sun has reported an increase in revenues for the first half of the fiscal year 2022, as opposed to the same period a year earlier.

about 4 years ago
Baker Hughes unveils new cost-reducing fast electric tiebacks solution
Outlook & Strategy

Baker Hughes unveils new cost-reducing fast electric tiebacks solution

Baker Hughes has launched a new fast all-electric tiebacks solution, said to reduce capital expenditure costs by 15% compared to traditional electro-hydraulic multiplexed systems. According to Baker Hughes, the system drives cost efficiencies through optimized architecture and reduced topside footpr

about 4 years ago
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