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Outlook & Strategy

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Illustration/CETO wave energy array (Courtesy of Carnegie Clean Energy)
Outlook & Strategy

EU backs €4M wave energy research with Carnegie as tech partner

Australian wave energy developer Carnegie Clean Energy has been named the key technology partner in the COIN (Control-Oriented Innovations for future wave energy farms) project, funded under the Horizon Europe Program with a total budget of €4 million. The four-year initiative, coordinated by Techni

about 10 months ago
AquaVentus and Hydrogen Scotland partner on hydrogen development in the North Sea
Outlook & Strategy

AquaVentus and Hydrogen Scotland partner on hydrogen development in the North Sea

AquaVentus and Hydrogen Scotland have signed a memorandum of understanding (MoU), intending to strengthen hydrogen production and transport in the North Sea region.

about 10 months ago
Singapore
Outlook & Strategy

MoU signed for Singapore-India green and digital shipping corridor

Singapore and India have signed a memorandum of understanding (MoU) to collaborate on establishing the Singapore-India green and digital shipping corridor (GDSC).

about 10 months ago
Swedish wave energy firm on the hunt for financial head
Outlook & Strategy

Swedish wave energy firm on the hunt for financial head

Following strategic backing as part of its Series B funding round, as well as a grant from the European Union (EU), Swedish wave energy developer CorPower Ocean is on the lookout for a chief financial officer (CFO). Since its start in 2012, CorPower has raised around €115 million in funding in an ef

about 10 months ago
Tentacle-like subsea robot seeks to slash offshore inspection costs and improve personnel safety
Outlook & Strategy

Tentacle-like subsea robot seeks to slash offshore inspection costs and improve personnel safety (Video)

A UK-Brazilian partnership has developed a tentacle-like underwater robot that could remove the need for large vessels and human divers for offshore inspections and enable smaller underwater vehicles to perform sophisticated inspection tasks, thereby reducing operational costs and improving personne

about 10 months ago
AAL Shipping completes heavy-lift deliveries for INEOS’ Project ONE
Outlook & Strategy

AAL Shipping completes heavy-lift deliveries for INEOS’ Project ONE

Singapore-based shipping company AAL Shipping (AAL) has delivered multiple cargo shipments for British conglomerate INEOS’ Project ONE, a sustainable ethane cracker development located at the Port of Antwerp.

about 10 months ago
Huge 27-year-old pipelayer prepares for major upgrade after producing final double joint
Outlook & Strategy

Huge 27-year-old pipelayer prepares for major upgrade after producing final double joint

Allseas’ Solitaire, one of the world’s largest pipelay vessels, has produced its final double joint in its current setup before starting a major modernization process that will further advance its installation capabilities and production efficiency. Allseas announced at the beginning of this year th

about 10 months ago
Port
Outlook & Strategy

ABS: Advanced battery technologies could support alternative fuels, reduce fuel costs

The latest advances in battery technologies have the potential to not only support direct electrification and the integration of alternative fuels but also offer pathways to enhance operational efficiency and reduce fuel costs, according to the latest analysis from classification society American Bu

about 10 months ago
UK-Dutch interconnector in limbo after developer requests and gets license revocation
Outlook & Strategy

UK-Dutch interconnector in limbo after developer requests and gets license revocation

UK energy market regulator Ofgem has revoked the license for a planned UK-Netherlands electricity interconnector in response to the developer’s request, submitted after not securing a cap and floor license. A gas interconnector license was granted to NU-Link Interconnector UK Ltd in February 2023, a

about 11 months ago
Highlands and Islands Enterprise (HIE) and the Scottish Association for Marine Science (SAMS) have signed a memorandum of understanding (MoU) to boost marine and coastal research,
Outlook & Strategy

Scotland eyes global leadership in marine science and technology

Highlands and Islands Enterprise (HIE) and the Scottish Association for Marine Science (SAMS) have signed a memorandum of understanding (MoU) to boost marine and coastal research, innovation, and technology development across Scotland’s Highlands and Islands. According to HIE, the deal, signed at th

about 11 months ago
Prysmian and Hitachi Energy given notices to proceed for Australian interconnector
Outlook & Strategy

Prysmian and Hitachi Energy given notices to proceed for Australian interconnector

Around one month after reaching financial close, the developer of the 1.5 GW Marinus Link power interconnector project in Australia has issued notices to proceed to contractors for cable and converters. The 345-kilometer project, to be built in two 750 MW stages, will link North West Tasmania and th

about 11 months ago
Fugro tasked with helping safeguard Brazil's deepwater exploration activities
Outlook & Strategy

Fugro tasked with helping safeguard Brazil’s deepwater exploration activities

The Netherlands-headquartered Fugro has won two contracts with Brazil’s offshore energy services company Constellation to support responsible deepwater exploration activities in two regions in Brazil. Under the two three-year contracts, Fugro’s scope includes deploying advanced remotely operated veh

about 11 months ago
Illustration; Source: North Sea Transition Authority (NSTA)
Outlook & Strategy

North Sea oil & gas emissions cut by a third but further efforts required for UK’s net zero goals

As the UK’s offshore oil and gas industry faces a critical juncture in its emissions reduction pursuit, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has pushed for a boost in investment to meet net zero aspirations, as current efforts fall short of long-term decarbonization

about 11 months ago
C40 Cities
Outlook & Strategy

CRI and Jilin Huajin Energy to collaborate on green methanol project in China

Iceland’s Carbon Recycling International (CRI) has signed a strategic cooperation agreement with China’s Jilin Huajin Energy for the Yushu green methanol project located near Changchun City in Jilin Province, Northeast China.

about 11 months ago
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