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Outlook & Strategy

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Illustration/University of Edinburgh's FloWave test tank (Courtesy of the University of Edinburgh)
Outlook & Strategy

Supergen ORE Hub funds marine energy research

The Supergen Offshore Renewable Energy (ORE) Hub has awarded almost £800,000 to eight projects at UK institutions to advance research in the offshore renewable energy sector.

about 5 years ago
Danish Shipping
Outlook & Strategy

Danish Shipping: Fleet-based CO2 compliance is a shorter way for green transition

The path to lower CO2 emissions from ships could be shorter by choosing a fleet-based approach to efficiency requirements, a new analysis prepared for Danish Shipping by CE Delft shows.

about 5 years ago
Illustration/Ocean Sun's floating solar technology (Courtesy of Ocean Sun)
Outlook & Strategy

BOOST floating solar design up for basin try-outs

The BOOST project consortium has developed a purpose-built design for offshore floating solar demonstrator that will be tested at Sintef Ocean’s basin laboratory in the following months.

about 5 years ago
ExxonMobil
Outlook & Strategy

ExxonMobil expects $200 million in job cuts charges

U.S. energy supermajor ExxonMobil expects up to $200 million in charges related to job cuts in 2021, figured in previously in the company’s cost-savings plans.

about 5 years ago
Photo showing Seabased wave energy generators head for deployment at Sotenas in Sweden (Courtesy of Seabased)
Outlook & Strategy

Seabased fine-tuning wave-to-grid electrical system

Swedish wave energy company Seabased is optimising its electrical system that channels inputs from many generators, each absorbing power from different waves, into a single stream of electricity that is ready for the grid.

about 5 years ago
Baker Hughes, Bloom Energy unite on hydrogen for the energy transition
Outlook & Strategy

Baker Hughes, Bloom Energy unite on hydrogen for energy transition

U.S. energy technology company Baker Hughes and distributed energy company Bloom Energy have agreed to collaborate on hydrogen solutions to advance the energy transition.

about 5 years ago
hydrogen
Outlook & Strategy

Japanese trio to jointly develop hydrogen-fueled marine engines

Kawasaki Heavy Industries, Yanmar Power Technology, and Japan Engine Corporation recently formed a consortium of Japanese engine manufacturers to pursue joint development of hydrogen-fueled marine engines for ocean-going and coastal vessels.

about 5 years ago
Woodside
Outlook & Strategy

Australia to see 118 oil and gas project starts by 2025

Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData.

about 5 years ago
Photo showing mooring installation work involving CorPower's C3 wave energy device (Courtesy of UMACK/Photo by Colin Keldie)
Outlook & Strategy

Marine energy mooring system set for Atlantic Ocean tests

A new mooring, anchoring and quick connect solution optimised for marine energy systems is set for trials in the Atlantic Ocean, following a range of laboratory and on-land test campaigns currently underway.

about 5 years ago
TECO 2030
Outlook & Strategy

TECO 2030: Onboard CCS is technically and financially viable, study confirms

Onboard carbon capture and storage is technically and financially viable, a feasibility study jointly conducted by Norwegian engineering company TECO 2030 ASA and Austrian-based automotive consulting firm AVL List GmbH has concluded.

about 5 years ago
Photo showing floating solar power plant model tested by Sintef Ocean (Courtesy of SINTEF)
Outlook & Strategy

Sintef Ocean on point for Moss Maritime-Equinor floating solar model trials

Norwegian centre for research and innovation Sintef Ocean has performed tests on a scaled floating solar model on behalf of Moss Maritime and Equinor.

about 5 years ago
Maersk
Outlook & Strategy

Maersk reports record profit amid high freight rates

Danish shipping and logistics giant A.P. Moller – Maersk delivered an exceptionally strong performance in Q1 2021 with a record profit for the quarter.

about 5 years ago
PGNiG to aid Poland’s energy transition with LNG availability
Outlook & Strategy

PGNiG to push energy transition with LNG availability

Polish Oil and Gas Company (PGNiG) will aid Poland’s climate neutrality goals by enhancing the availability of natural gas, with parallel work on biomethane and hydrogen projects.

about 5 years ago
rudder
Outlook & Strategy

EU project to trial greener, more efficient rudder

Scotland-based University of Strathclyde has designed a greener, more efficient rudder system that will be demonstrated as part of a €6 million EU-funded research project.

about 5 years ago
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