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Outlook & Strategy - Offshore Energy

Outlook & Strategy

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Outlook & Strategy

John Cockerill, Viettel to explore Vietnam-based electrolyzer manufacturing for green hydrogen

John Cockerill and Viettel Group have signed a memorandum of understanding (MoU) for exploring long-term cooperation to develop a Vietnam-based manufacturing and supply chain for pressurized alkaline water electrolyzers for green hydrogen production.

about 1 year ago

Outlook & Strategy

TPAO signs up for global oil & gas decarbonization initiative

Türkiye Petrolleri A.O. (TPAO) has become the 56th player to come on board the Oil and Gas Decarbonization Charter (OGDC), which is set on stepping up the worldwide decarbonization game in the oil and gas industry at speed and scale.

about 1 year ago

Outlook & Strategy

President Trump inks executive order to ‘restore American maritime dominance’

The President of the U.S. Donald Trump has signed an executive order seeking to “restore American maritime dominance” as uncertainty lingers over the global shipping market amid geopolitical tensions and the U.S.-China maritime rivalry. The latest developments seem to be taking a toll on Chinese shi

about 1 year ago

Outlook & Strategy

MAN ES and COSCO eye new decarbonization retrofit projects with latest deal

China’s COSCO Shipping Heavy Industry (CHI) and Germany’s engine maker MAN Energy Solutions (MAN ES) have signed a framework agreement to extend their collaboration on decarbonization retrofit projects.

about 1 year ago

Outlook & Strategy

Azane Fuel Solutions sets up bunkering infrastructure subsidiary

Norwegian ammonia bunkering company Azane Fuel Solutions has established a bunkering infrastructure subsidiary to advance its plans for providing clean ammonia as shipping fuel.

about 1 year ago

Outlook & Strategy

Supply chain constraints push back UK’s $3B subsea electricity superhighway by 16 months

UK energy market regulator Ofgem is considering whether to grant a penalty exemption for the joint venture (JV) developing the Eastern Green Link 1 (EGL1) subsea electricity superhighway due to a 16-month delay said to be caused by supply chain constraints. The 2 GW EGL1 HVDC multi-directional cable

about 1 year ago

Mark Hamson, Innovation Hub Manager. Photo from NOC.

Outlook & Strategy

National Oceanography Centre targets ocean tech with its new Innovation Hub

The UK’s National Oceanography Centre (NOC) has launched an Innovation Hub in Southampton to boost progress in marine autonomous systems and drive sustainable growth in the blue economy. With a £200,000 (approximately $257,000) investment, the facility offers 304 square meters of space equipped with

about 1 year ago

Outlook & Strategy

India’s DPA Kandla comes onboard Methanol Institute

Trade association Methanol Institute (MI) has welcomed India’s Deendayal Port Authority (DPA), Kandla, as its newest member.

about 1 year ago

Outlook & Strategy

HydePoint joins forces with Nel to scale up offshore and nearshore hydrogen projects

HydePoint signed an MoU with Nel Hydrogen to work on scaling up hydrogen production in offshore, nearshore, and other harsh environments.

about 1 year ago

Outlook & Strategy

Sembcorp and BPCL to collaborate on renewable energy and hydrogen projects in India

Sembcorp Green Hydrogen India and Bharat Petroleum Corporation Limited (BPCL) have entered into a joint venture (JV) agreement to explore renewable energy and green hydrogen projects across India.

about 1 year ago

UK's first CO2 injection test 'meets expectations' as it crosses finish line

Outlook & Strategy

Flying colors as UK’s first CO2 injection test crosses finish line

A joint venture of Perenco UK, Carbon Catalyst and Harbour Energy has concluded the UK’s first-ever CO2 injection test, carried out at a carbon capture and storage (CCS) license in the North Sea that encompasses what is deemed the UK’s largest depleted gas field. The test started in February and inc

about 1 year ago

Outlook & Strategy

CF Industries, JERA and Mitsui partner on $4 billion ammonia project in US

U.S. ammonia producer CF Industries has joined forces with Japanese giants JERA and Mitsui & Co. on a $4 billion low-carbon ammonia project in Louisiana, U.S.

about 1 year ago

Outlook & Strategy

MSC’s cruise division officially opens new sustainable terminal in Barcelona

The cruise division of Switzerland-based shipping major MSC Group has officially inaugurated the new MSC Barcelona terminal in Spain, with EXPLORA II, the second ship from luxury lifestyle ocean travel brand Explora Journeys, making the first call.

about 1 year ago

Outlook & Strategy

Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons

Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays.

about 1 year ago