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Outlook & Strategy

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Illustration/The first 500kWp floating solar unit installed in Albania (Courtesy of Statkraft)
Outlook & Strategy

Statkraft moves ahead with final stage of Banja floating solar plant

Europe’s largest renewable energy generator Statkraft has issued a notice to proceed with the installation of additional floating solar units for the project in Albania, which also involves technology supplier Ocean Sun.

about 4 years ago
Initiative to curb methane emissions extends its member base as UK firm enrols
Outlook & Strategy

Initiative to curb methane emissions extends its member base as UK firm enrols

Neptune Energy has backed an industry initiative, aiming to remove methane emissions from the oil and gas sector by 2030.

about 4 years ago
Illustration; Source: Vår Energi
Outlook & Strategy

Two Norwegian players to slice up MOL’s stake in two North Sea discoveries

After deciding to buy MOL’s stake in two North Sea licences, Lime has inked a farm-down deal with Vår Energi for a portion of this stake.

about 4 years ago
As oil & gas workers go on strike, Equinor shuts in output from three fields while same destiny awaits four more
Outlook & Strategy

Equinor’s oil & gas output to drop while it shuts in fields as offshore workers go on strike

Equinor has shut down production at three fields off Norway and revealed plans to do the same with four more due to oil & gas workers’ strike.

about 4 years ago
Norway greenlights boosts in output from several fields to meet energy demand
Outlook & Strategy

Norway greenlights boost in output from several fields to meet energy demand

Norway’s government has devised a plan to ramp up output at several fields to maintain high gas exports to Europe and meet the growing demand.

about 4 years ago
Teekay hands over FPSO vessel for UK project with potential to be powered by offshore wind
Outlook & Strategy

Teekay hands over FPSO vessel for UK project with potential to be powered by offshore wind

Teekay Corporation has delivered an FPSO vessel to an operator of a North Sea project, which anticipates operational deployment by 2025.

about 4 years ago
Helix takes ‘meaningful step’ towards its energy transition business model by closing Alliance deal
Outlook & Strategy

Helix takes ‘meaningful step’ towards its energy transition model by closing Alliance deal

Helix Energy Solutions has completed the acquisition of Alliance, enabling it to expand its decommissioning presence in the Gulf of Mexico.

about 4 years ago
NFE
Outlook & Strategy

New joint venture for LNG maritime infrastructure to support energy transition

US energy infrastructure company New Fortress Energy (NFE) and compatriot alternative asset manager Apollo have entered into a definitive purchase and contribution agreement to sell 11 LNG infrastructure vessels owned by NFE to a newly formed joint venture (JV) between funds managed by Apollo and NF

about 4 years ago
U.S. govt’s new offshore leasing proposal comes under fire from oil & gas industry and environmentalists
Outlook & Strategy

U.S. govt’s new offshore leasing proposal comes under fire from oil & gas industry and environmentalists

Recently proposed U.S. offshore oil and gas leasing program is facing opposition not only from environmentalists but also from the industry.

about 4 years ago
More efficient power sector in Middle East and Africa to unlock higher volumes of natural gas for export
Outlook & Strategy

Middle East, Africa to play ‘vital role in averting global shortages’ by unlocking more natural gas for export

More efficient power sector in the Middle East and Africa could unlock higher volumes of natural gas for export, says the IEA.

about 4 years ago
EU port and terminal operators call for focused approach to shore power in AFIR and FuelEU Maritime
Outlook & Strategy

EU port and terminal operators call for focused approach to shore power in AFIR and FuelEU Maritime

Representative bodies of the EU port authorities and terminal operators, the European Sea Ports Organisation (ESPO) and the Federation of European Private Port Companies and Terminals (FEPORT) have jointly agreed that the proposals for an Alternative Fuels Infrastructure Regulation (AFIR) and the Fu

about 4 years ago
Marine Energy Wales team (Courtesy of Marine Energy Wales)
Outlook & Strategy

Marine Energy Wales gets government funding

Marine Energy Wales, the industry association for Welsh marine energy, has secured a new three-year grant from the Welsh government to support its work until 2025.

about 4 years ago
Proman Stena Bulk
Outlook & Strategy

Proman Stena Bulk welcomes second methanol-fuelled tanker

Shipping joint venture Proman Stena Bulk has accepted delivery of the second methanol-powered newbuild tanker, Stena Pro Marine.

about 4 years ago
Vår Energi
Outlook & Strategy

Hammerfest-based firm scoops five-year deal for Barents Sea FPSO

Vår Energi has awarded a long-term framework agreement to the Hammerfest-based Oss-nor for valve services on an FPSO in the Barents Sea.

about 4 years ago
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