Outlook & Strategy
Saudi, Hamburg port authorities partner up on innovations in port sector
Saudi Ports Authority (Mawani), Hamburg Port Authority (HPA), and HPC Hamburg Port Consulting (HPC) have signed a memorandum of understanding (MOU) to propel innovations in port operations, port development, and workforce capacity building.
Ohmium to provide PEM electrolyzers for industrial-scale floating hydrogen and ammonia project
Ohmium International has signed a term sheet with SwitcH2 BV for the supply of PEM electrolyzer solutions for the offshore floating green hydrogen and ammonia synthesis project OFFSET.
Port-La Nouvelle poised to become ‘a key hub’ for green hydrogen and CO2
A consortium of partners is looking to establish an essential hub for low-carbon hydrogen and CO2 management in the Mediterranean within Port-La Nouvelle.
Egyptian LNG coming to freshly opened Greek FSRU terminal
Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company (EGAS), to transport the latter’s liquified natural gas (LNG) through the recently opened floating storage regasification unit (FSRU) terminal in
Engineering contracts awarded for solar methanol plant in Port Augusta
Vast Renewables and Mabanaft have awarded contracts to Fichtner and bse Methanol to commence pre-FEED work for SM1, the solar thermal-powered plant that will produce green methanol in Port Augusta, South Australia.
18 companies unite in joint industry partnership to accelerate CCUS projects
Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e
NEO Energy reshapes executive structure, appoints new leadership
Aberdeen-based New European Offshore (NEO Energy) has reshuffled its leadership team, appointing a new Chief Executive Officer (CEO) and Chief Operating Officer (COO) while restructuring its Board. The company named Andy McIntosh as the new CEO and Craig McKenzie as COO, both internal promotions.
Woodside delisting from London Stock Exchange
After having reviewed its current listing structure, Australian energy giant Woodside Energy has decided to delist from the London Stock Exchange (LSE), a move set to reduce the company’s administration costs. Woodside, noting that its trading volumes on the LSE are low, has applied to the UK Financ
Cepsa and Sonatrach join forces on green hydrogen supply from Algeria to Europe
Cepsa and Sonatrach have signed an MoU to jointly carry out a feasibility study for the development of an integrated project for green hydrogen production and derivatives in Algeria, mainly aimed at supplying the European market.
Smooth transition to zero-carbon fuels is closer to reality, report says
The maritime industry is inching closer to achieving a sustainable transition to zero-carbon fuels, thanks to improvements in ship readiness and fuel handling technologies, as detailed in Lloyd’s Register’s (LR) Maritime Decarbonization Hub’s latest Zero Carbon Fuel Monitor (ZCFM) report. Report ove
GMS wins vessel contract in European offshore wind sector
Gulf Marine Services (GMS), a UAE-headquartred provider of self-propelled and self-elevating support vessels for the offshore energy sector, has raised its backlog to $505 million thanks to a new contract in Europe and the extension of two existing ones in the Middle East. GMS reported on October 10
Four 2027-bound LNG carriers to feature tanks designed by France’s GTT
France’s technological containment specialist Gaztransport & Technigaz (GTT) has received respective orders from Korean and Chinese shipyards for tank designs for a total of four new liquefied natural gas (LNG) carriers. In the third quarter of this year, GTT secured an order from its partner Korean
Despite upturn in renewables, fossil fuels accounted for lion’s share of 2023 global energy demand, Eni report finds
Italian energy giant Eni has published the 23rd edition of its global energy statistical review, the World Energy Review (WER). In line with the trends registered over the past few decades, the report identifies a stable growth in global primary energy consumption, with fossil fuels making up four-f
VNG and partners looking into green hydrogen import from Algeria via SoutH2 Corridor
Germany’s VNG, Algeria’s Sonatrach and Sonelgaz, Italy’s Snam and SeaCorridor, and Austria’s Verbund have signed a memorandum of understanding (MoU) to jointly examine the feasibility of a project for large-scale hydrogen production in Algeria and its export via planned SoutH2 Corridor to Italy, Aus