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Outlook & Strategy

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New JV to establish LNG bunkering hub in Suez Canal by 2025
Outlook & Strategy

New JV to establish LNG bunkering hub in Suez Canal by 2025

Norwegian small-scale LNG sea transport and bunkering vessels developer Kanfer Shipping has joined forces with Egyptian Natural Gas Holding Company (EGAS) and Leth Suez Transit (LETH) to establish a strategic LNG bunkering hub in the Suez Canal by 2025. Earlier this year, the parties signed a memora

about 4 years ago
California-State-Lands-Commission-Reviewing-Two-Floating-Wind-Applications
Outlook & Strategy

California governor calls for 20 GW of offshore wind by 2045

California Governor Gavin Newsom has called for the increase of the state’s offshore wind target to at least 20 GW by 2045 as part of an action plan that aims to accelerate the energy transition. In a letter to the Chair of the California Air Resources Board (CARB), Governor Newsom called for the st

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Outlook & Strategy

Silverstream, Mitsui & Co. agree to promote adoption of air lubrication tech

Cleantech company Silverstream Technologies has signed a memorandum of understanding (MoU) with Japanese trading company Mitsui & Co. to promote decarbonisation within the country’s shipbuilding market and encourage the adoption of Silverstream’s air lubrication technology. Under the Mou, Silverstre

about 4 years ago
Illustration/Floating wind with wave energy farm based on DualSub concept, developed by Welsh company Marine Power Systems (Courtesy of Marine Power Systems)
Outlook & Strategy

WES seeks assessment of floating wind and wave energy mix

Wave Energy Scotland (WES) has launched a tender for a study into the techno-economic benefits of shared services and infrastructure for wind and wave energy generation technologies and projects.

about 4 years ago
New semisubmersible heavy transport vessel joins Seaway 7 fleet
Outlook & Strategy

New semi-submersible heavy transport vessel joins Seaway 7 fleet

Seaway 7 has taken delivery of its new 50,000-ton DWT semi-submersible heavy transport vessel (HTV) named Seaway Swan. Seaway Swan is suitable for float-over operation projects, feeder duties alongside installation vessels, and subsea construction support. Seaway 7 entered into a bareboat contract w

about 4 years ago
CorPower Ocean's commercial-scale composite WEC hull (Courtesy of CorPower Ocean)
Outlook & Strategy

CorPower Ocean delivers commercial-scale composite WEC hull

Swedish company CorPower Ocean has unveiled its first commercial-scale composite hull, which is an integral part of its next generation C4 wave energy devices.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Outlook & Strategy

Morlais tidal power scheme gets environmental support hand

Menter Môn, the manager of the Morlais tidal energy project, has hired a Swansea-based company Juno Energy to assist it with the development of environmental support services for the scheme located off North Wales.

about 4 years ago
Guyana’s oil & gas revenues booming with $7.5 billion expected in 2030, says Rystad
Outlook & Strategy

Guyana’s oil & gas revenues booming with $7.5 bln expected in 2030, says Rystad

Rystad has revealed that Guyana’s offshore oil & gas industry is poised to enter the big league with revenues set to break $1 bln in 2022.

about 4 years ago
Floating solar park with offshore wind farm (Courtesy of RWE)
Outlook & Strategy

In focus: Global hunt for energy security revving up as Russian crisis jolts supply chains

With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy.

about 4 years ago
Another tender opens for new Mediterranean interconnector
Outlook & Strategy

Another tender opens for new Mediterranean interconnector

A government-owned Maltese company has issued a tender looking to appoint a contractor to deliver the environmental impact assessment (EIA) for a new interconnector in the central Mediterranean.

about 4 years ago
WoodMac: What are three cornerstones of future-fit energy super basins?
Outlook & Strategy

Three key elements of future-fit energy super basins – WoodMac

Wood Mackenzie, an energy intelligence group, spots common threads between the energy super basins of the future.

about 4 years ago
Ocean Harvesting's InfinityWEC (Courtesy of Ocean Harvesting Technologies)
Outlook & Strategy

Ocean Harvesting files new patent application for wave energy device

Swedish company Ocean Harvesting Technologies has filed a new patent application for an improved wave energy system with standard components.

about 4 years ago
Wood Mackenzie outlines scenarios for Europe as stability of Russian gas flows 'remains uncertain'
Outlook & Strategy

Wood Mackenzie outlines scenarios for Europe as stability of Russian gas flows ‘remains uncertain’

The stability of Russian gas flows to Europe remains uncertain, despite the reopening of the Nord Stream 1 pipeline, as further disruptions are expected as winter approaches, Wood Mackenzie stated, outlining two potential scenarios. Nord Stream restarted gas transmission yesterday, 21 July, after a

about 4 years ago
Wärtsilä officially exits Russian market
Outlook & Strategy

Wärtsilä officially exits Russian market

Finnish marine and energy technology group Wärtsilä has completed its orderly exit from the Russian market following its announcement of scaling down activities in April 2022.

about 4 years ago
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