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Outlook & Strategy

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Artist's impression of the Climate Power Plant Zeeland in the Grevelingendam (Courtesy of Pentair Nijhuis/with the permission from BT Projects)
Outlook & Strategy

International consortium unveils plans for Grevelingendam tidal plant

A new consortium of international companies has been established under the name of Climate Power Plant Zeeland with the aim of building and operating a tidal power plant in the Dutch province of Zeeland.

about 5 years ago
Photo of OPT's PowerBuoy (Courtesy of OPT)
Outlook & Strategy

OPT appoints Southern Europe representative

Ocean Power Technologies (OPT) has expanded its commercial team with the appointment of Jorge Franco as regional sales representative based in Spain.

about 5 years ago
New paper highlights BioLNG's decarbonization potential
Outlook & Strategy

New paper highlights BioLNG’s decarbonization potential

BioLNG has been touted as the fuel that will enable the decarbonization of maritime and road transport.

about 5 years ago
An image showing H2 made of green grass and leaves
Outlook & Strategy

Bigger Picture: Offshore wind, green hydrogen backbone of EU’s 2050 goal

European Union’s Offshore Renewable Energy Strategy, published on 19 November and targeting as much as 300 GW of installed offshore wind capacity by 2050, also outlines the goal of supporting green hydrogen production. In anticipation of the launch of the new Renewable Hydrogen Coalition, it is ever

about 5 years ago
Denmark moves forward with energy islands
Outlook & Strategy

Denmark moves forward with energy islands

The Danish government has identified areas in the North Sea and the Baltic Sea suitable for the development of the energy island projects. Back in June, Denmark approved the development of the two energy islands, one in the North Sea and one in the Baltic Sea, with a combined capacity of 5 GW. Both

about 5 years ago
David Wells, CEO AqualisBraemar
Outlook & Strategy

AqualisBraemar to buy LOC in support of energy transition efforts

AqualisBraemar has entered into an agreement to acquire LOC Group, creating an even more complete service provider to the upstream oil and gas industry.

about 5 years ago
Building confidence in marine energy technology through certification
Outlook & Strategy

Building confidence in marine energy technology through certification

As part of the IEC 62600 standard series, IEC Technical Committee 114 (IEC TC 114) has recently published a new part for the international standard to support the assessment of marine energy technologies.

about 5 years ago
BW Galatea
Outlook & Strategy

Hafnia CEO: Further consolidation needed within the product tanker sector

Product tanker major Hafnia Limited believes that further consolidation is needed within the product tanker sector to fully unleash value and synergies from additional operational scale. Hafnia Limited was set up in January 2019, following a merger between BW Tankers with Hafnia Tankers, a fellow su

about 5 years ago
Sevan Louisiana rig - Seadrill
Outlook & Strategy

Seadrill boosts backlog with new deals but plans for recycling spree

Seadrill has added approximately $52 million to its backlog following the end of 3Q and is looking to manage its rig count by recycling some of its rigs.

about 5 years ago
A photo of SWEL’s Wave Line Magnet under tests at Centrale Nantes wave tank, managed by LHEEA (Courtesy of ©Centrale Nantes)
Outlook & Strategy

SWEL puts wave energy system on try-outs at Centrale Nantes ocean tank

Sea Wave Energy (SWEL) has tested its Wave Line Magnet device at the Ecole Centrale de Nantes hydrodynamic and ocean engineering tank as part of the Marine Energy Alliance project.

about 5 years ago
seafarers
Outlook & Strategy

Danica: Each crew change costing up to $2,000 more amid COVID-19 impact

Individual crew changes are costing up to an additional $2,000, doubling the price since last year as a result of the COVID-19 pandemic, Danish-managed crewing specialist Danica said. The crewing agency said that the figure resulted from analysing a combination of fully allocated additional costs an

about 5 years ago
Lithuanian minister of Energy Žygimantas Vaičiūnas and Flemish minister of Energy, Zuhal Demir signing the MOU
Outlook & Strategy

Lithuania, Flanders ink offshore wind MOU

Lithuanian Minister of Energy Žygimantas Vaičiūnas and Flemish Minister of Energy Zuhal Demir signed a Memorandum of Understanding (MOU) on 19 November, agreeing to promote renewable energy and identify joint opportunities, especially in offshore wind in the Baltic Sea. Under the MOU, Lithuania and

about 5 years ago
Illustration; Source: Halliburton
Outlook & Strategy

Halliburton targeting greenhouse gas emission reduction

Following the trend set by many energy majors and service companies, Halliburton has committed to set science-based targets to reduce greenhouse gas (GHG) emissions.

about 5 years ago
Black & Veatch, Golar LNG turn to hydrogen and ammonia
Outlook & Strategy

Black & Veatch, Golar LNG turn to hydrogen and ammonia

Black & Veatch and Golar LNG have expanded their collaboration to include floating production of blue and green hydrogen and ammonia.

about 5 years ago
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