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Outlook & Strategy

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UK trade body on the lookout for new boss as current one prepares for exit after 8 years
Outlook & Strategy

UK trade body on the lookout for new boss as current one prepares for exit after 8 years

Offshore Energies UK is starting the search for a new chief executive as its current one will be stepping down at the end of the year.

about 4 years ago
TECO 2030 gets funding to develop hydrogen-powered high-speed vessel
Outlook & Strategy

TECO 2030 gets funding to develop hydrogen-powered high-speed vessel

A consortium led by Norwegian cleantech company TECO 2030, compatriot shipbuilder Umoe Mandal and maritime engineering company BLOM Maritime is developing a hydrogen-powered high-speed vessel with zero emissions under the “High-speed vessel of the future” project. Under the project, the county munic

about 4 years ago
As merger with Lundin goes into effect, Aker BP unveils plans to spend more than $15 billion on projects
Outlook & Strategy

As merger with Lundin goes into effect, Aker BP unveils plans to spend over $15 bln on projects

The merger between Aker BP and Lundin’s E&P business has been completed, creating the largest listed E&P firm focused exclusively on the NCS.

about 4 years ago
With acquisition of two wells out of the way, Longboat expects first of these to be spud this month
Outlook & Strategy

With stakes in two more wells secured, Longboat expects first to be spud this month

After completing the farm-in agreement with OMV, Longboat Energy anticipates the drilling of the first of two wells to be done this month.

about 4 years ago
Zero Carbon Center gets funding for 1st Book & Claim System
Outlook & Strategy

Zero Carbon Center gets funding for 1st Book & Claim System

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has secured funding to initiate first of its kind Book & Claim System for shipping.

about 4 years ago
RWE's floating solar plant Amer (Courtesy of RWE)
Outlook & Strategy

RWE commissions its first floating solar project

RWE, one of the world’s leading companies for renewable energy, has commissioned its first floating solar project – a 6.1MWp power plant installed in the Dutch province of Noord-Brabant.

about 4 years ago
Italian drilling contractor to bring Nabors’ suite of tech options to European and African energy firms
Outlook & Strategy

Italian contractor to bring Nabors’ suite of tech options to Europe and Africa

Hydro Drilling will deploy Nabors’ technologies and services in Europe and Africa to improve hydrocarbon production and curb emissions.

about 4 years ago
Global OTEC’s floating OTEC concept (Courtesy of Global OTEC)
Outlook & Strategy

Global OTEC agrees power purchase deal for floating OTEC plant offshore Africa

UK-based company Global OTEC has signed what’s said to be the world’s first deal to develop a power purchase agreement (PPA) for a 1.5MW floating ocean thermal energy conversion (OTEC) platform offshore São Tomé island.

about 4 years ago
KenzFigee delivers offshore launch and recovery system to Fugro
Outlook & Strategy

KenzFigee delivers offshore launch and recovery system to Fugro

Dutch geo-data specialist Fugro has contracted compatriot offshore lifting equipment provider KenzFigee for the design and delivery of a launch and recovery system (LARS), part of Fugro’s geotechnical system Blue Snake. The Fugro Blue Snake is an integrated LARS and seabed research system combining

about 4 years ago
Illustration/Hexicon floating wind technology (Courtesy of Hexicon)
Outlook & Strategy

In focus: Offshore industry forms decarbonization tie-ups, as need for more renewable energy investments grows

Despite the projections stating the global energy investments are to reach $2.4 trillion this year, much more is still needed to successfully tackle the issues of energy security and climate crises globally

about 4 years ago
MSC
Outlook & Strategy

World’s largest ocean carrier MSC signs UN Sustainable Ocean Principles

Swiss Mediterranean Shipping Company (MSC), the world’s largest ocean carrier by operated container vessel capacity, has joined over 150 stakeholders in signing on to the UN Global Compact Sustainable Ocean Principles.

about 4 years ago
Visualization of proposed Larantuka Strait tidal turbine array (Courtesy of SBS)
Outlook & Strategy

UKEF shows interest to fund SBS’ tidal power project in Indonesia

SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia

about 4 years ago
TGS acquires compatriot asset management provider
Outlook & Strategy

TGS acquires compatriot asset management provider

Norwegian seismic player TGS has acquired Prediktor, a compatriot provider of asset management and real-time data management solutions to renewable and energy asset owners. Based in Fredrikstad, with 40 employees, Prediktor currently supports 7 GW of renewable energy assets, mainly PV solar, with a

about 4 years ago
Lundin rebrands to Orrön Energy as it becomes pure-play renewables business
Outlook & Strategy

Lundin rebrands as Orrön Energy after ditching E&P business

Lundin Energy has changed its name to Orrön Energy to reflect its new status as a pure-play renewables business.

about 4 years ago
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