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Outlook & Strategy

Borealis-chartered dual-fuel gas carrier outfitted with Norsepower rotor sails for 4% emission reduction

Wind propulsion specialist Norsepower has completed the installation of two rotor sails on Oceanus Aurora, a dual-fuel very large gas carrier (VLGC) owned by Japanese shipping company IINO Kaiun Kaisha (IINO Lines) and chartered by Austrian chemical company Borealis. Under the contract from March 20

about 1 year ago

DeepOcean, Rem Offshore, Myklebust Shipyard land largest contracts in their histories thanks to Equinor

Outlook & Strategy

DeepOcean, Rem Offshore, Myklebust Shipyard land their largest contracts ever thanks to Equinor

Norwegian ocean services provider DeepOcean has secured what it says is its largest contract on record which includes the provision of subsea inspection, maintenance and repair (IMR) for compatriot state-owned energy company Equinor, keeping it busy for eight years, from 2027 to 2035. DeepOcean said

about 1 year ago

Outlook & Strategy

India’s SECI and H2Global agree to advance green hydrogen collaboration

Hamburg-based H2Global, a foundation dedicated to accelerating the emergence of markets for clean hydrogen and other low-emissions technologies, and the Solar Energy Corporation of India (SECI) have signed a memorandum of understanding (MoU) to build cross-border hydrogen collaboration. The MoU sign

about 1 year ago

Aberdeen-based firm to lead 'UK's first multi-asset decom scope'

Outlook & Strategy

THREE60 booked for six years to lead ‘UK’s first multi-asset decom scope’

Aberdeen-based energy services company THREE60 Energy has secured a six-year, multi-million-pound contract to lead what it says is the UK’s first multi-asset decommissioning scope. As part of a contract with a major North Sea operator awarded following a competitive tender process, THREE60 Energy sa

about 1 year ago

Outlook & Strategy

COP29 pledge unites global port industry to ensure climate resilience of ports

Multi-stakeholder initiative Resilience4Ports has launched the first sectoral, action-based commitment to enhance and accelerate the resilience of ports from the effects of climate change.

about 1 year ago

Outlook & Strategy

BW LPG takes over second VLGC from Avance Gas, continues fleet renewal with new strategic sale and purchase

Singapore-based ship owner and operator BW LPG has taken delivery of the second of twelve very large gas carriers (VLGCs) acquired from Norwegian shipping company Avance Gas under the $1 billion deal in August 2024. At the same time, the company is pressing ahead with its fleet renewal program throu

about 1 year ago

Energy and marine consultancy ABL settles in New Zealand

Outlook & Strategy

After almost 40 years in the region, ABL settles in New Zealand

Energy and marine consultancy ABL has expanded into New Zealand with the aim of supporting the country’s maritime and offshore energy markets. ABL New Zealand, located at Mount Maunganui, will offer the full range of energy and marine consultancy services, with a particular focus on marine surveying

about 1 year ago

Outlook & Strategy

DNV and Seatrium ally on marine and offshore innovation and sustainability

Norway-based classification society DNV has signed a memorandum of understanding (MoU) with Seatrium, a Singaporean engineering solutions provider to the offshore and marine industries, to cooperate on strategic activities and projects in the areas of engineering, technology and new product design.

about 1 year ago

Outlook & Strategy

Green shipping corridors surge by 40% worldwide, report reveals

Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping is catalyzed by public and private action – have rapidly expanded in popularity worldwide but progress could stall without urgent action from governments to overcome a “feasibility wall”, according to a

about 1 year ago

Outlook & Strategy

Houlder: Shipowners navigate through unclear waters amid shipping’s energy transition

Shipowners worldwide see uncertainty as a major barrier to shipping’s energy transition, with tightening regulations forcing decisions despite unclear policy pathways, a survey done by the UK’s design and engineering consultancy Houlder showed. As disclosed, two years after its previous interviews,

about 1 year ago

Outlook & Strategy

Hystar launches 1.5 MW hydrogen technology project in Norway

Norwegian company Hystar has officially inaugurated its hydrogen technology HyPilot project at the Kårstø gas processing plant in Rogaland.

about 1 year ago

Outlook & Strategy

Tender opens for Greece’s second HVDC cable system

Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE) has launched the tender for the country’s second high-voltage direct current (HVDC) cable system, a project that will integrate the Dodecanese Islands into the mainland high-voltage grid. The tender f

about 1 year ago

An aerial photo of the exhibition floor at Offshore Energy Exhibition & Conference 2023

Outlook & Strategy

One week to go: 400+ exhibitors from offshore energy industry to gather in Amsterdam

The following is a press release from Navingo BV, the owner of Offshore-Energy.biz and organizer of the annual Offshore Energy Exhibition & Conference (OEEC). More than 400 exhibitors and co-exhibitors booked their spots at OEEC 2024 Businesses and organizations from across the offshore energy secto

about 1 year ago

Outlook & Strategy

Funding for EU’s second hydrogen auction increases to around €2 billion

Spain, Lithuania and Austria will participate in the ‘Auctions-as-a-Service’ scheme as part of the second European Hydrogen Bank auction, which will be launched on December 3, 2024.

about 1 year ago