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Outlook & Strategy

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Photo showing tidal energy turbines developed by TIGER project partners (Courtesy of TIGER)
Outlook & Strategy

TIGER working on mass production roadmap for tidal energy sector

EU-backed Tidal Stream Industry Energiser Project (TIGER) is seeking industry feedback to evaluate how tidal energy sector could transition from manufacturing single prototype devices to tens or hundreds of commercial devices per year.

about 5 years ago
Port of Gothenburg
Outlook & Strategy

Port of Gothenburg to connect tankers to shore power from 2023

The Energy Port will be next in line in the expansion of the shoreside power network at Sweden’s Port of Gothenburg, the port authority confirmed.

about 5 years ago
Schlumberger
Outlook & Strategy

Schlumberger commits to reaching net-zero by 2050

Giant oilfield services provider Schlumberger is the next company in line to commit to achieving net-zero greenhouse gas (GHG) emissions by 2050.

about 5 years ago
Photo showing C-ADCP tool launch at META (Courtesy of META)
Outlook & Strategy

SELKIE tool debuts at Wales’ national marine energy test site

The team behind Wales’ national marine energy test facility, META, has welcomed the first deployment of a new open-source tool to measure high quality turbulence data in its pre-consented test site in Milford Haven.

about 5 years ago
containers
Outlook & Strategy

MPC Container Ships to acquire Songa Container in $210m deal

Norwegian containership owner MPC Container Ships ASA has entered into a share purchase agreement to acquire compatriot Songa Container AS for $210.25 million on a debt and cash-free basis. Upon closing of the deal, Songa’s fleet will comprise 11 container vessels with an average size of 2,250 TEU a

about 5 years ago
Shore Power
Outlook & Strategy

3 reasons electrification of ships makes sense

Electrification and hybridization of ships have been picking up in the industry for a while now, being the predominant choice for short-sea shipping. There are several solutions on the market to choose from such as shore power connection, battery hybrid solutions, shaft generators, or alternative el

about 5 years ago
Photo showing the deployment of test samples at Paimpol-Bréhat site (Courtesy of TIGER)
Outlook & Strategy

TIGER research set to improve quality of tidal turbine blades

Le Havre Normandy University is carrying out a study at the Paimpol-Bréhat tidal test site which could contribute to the improvement of the quality of tidal turbine blades as part of the EU-backed cross-border Tidal Stream Industry Energiser Project (TIGER).

about 5 years ago
OPT’s PB3 operating in North Sea for Premier Oil (Courtesy of OPT)
Outlook & Strategy

Ocean Power Technologies makes top management changes

U.S.-based marine energy company Ocean Power Technologies (OPT) has appointed new president and chief executive officer, along with other executive management changes.

about 5 years ago
WoodMac: China on top of the LNG market
Outlook & Strategy

WoodMac: China on top of the LNG market

With Japan’s LNG demand in decline, China is set to become the world’s largest LNG market this year, according to energy intelligence group Wood Mackenzie.

about 5 years ago
OMV Petrom goes into LNG distribution
Outlook & Strategy

OMV Petrom goes into LNG distribution

South-Eastern Europe’s largest integrated energy company OMV Petrom has obtained a license to commercialize LNG.

about 5 years ago
Illustration/HydroQuest's tidal turbine (Courtesy of Ocean Energy Europe)
Outlook & Strategy

Ocean energy industry delivers ‘how-to’ guide for reaching Europe’s 100MW by 2025 target

Ocean Energy Europe has presented the European Commission with a study that outlines the financial, technical and regulatory aspects of 17 wave and tidal projects that could hit the waters by the end of 2025, with recommendations for action at the EU level to ensure their delivery.

about 5 years ago
ExxonMobil
Outlook & Strategy

ExxonMobil white-collar jobs at risk amid performance review start

Energy supermajor ExxonMobil is preparing to reduce its U.S. offices headcount by up to 10 per cent annually for the next three to five years.

about 5 years ago
Photo showing WaveEL wave energy system (Photograph courtesy of Waves4Power AB, Sweden)
Outlook & Strategy

Waves4Power, EnergyTwo to combine wave power and clean charging solutions

Swedish company Waves4Power has formed a strategic alliance with U.S.-based clean charging technology developer EnergyTwo to harness solar, wave power and energy storage to meet the increased demand for electrification and on-site charging for clean electric machines.

about 5 years ago
MOL Treasure
Outlook & Strategy

K Line, MOL to research & develop liquified CO2 carriers

Japanese shipping companies MOL and K Line are embarking on research into the potential for large-scale CO2 carriers as part of a wider initiative led by Japan’s New Energy and Industrial Technology Development Organization (NEDO). Carbon dioxide Capture, Utilization and Storage (CCUS) is a technolo

about 5 years ago
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