Outlook & Strategy
Stena Bulk sells two LNG tankers to BW LNG in bid to ‘build bridges towards a new era’
Swedish tanker shipping company Stena Bulk has completed the sale of two LNG carriers to Norway-based gas shipping company BW LNG.
Equinor and DNO delineate 2023 oil & gas discovery with appraisal well and sidetrack
Norwegian state-owned energy giant Equinor and compatriot oil and gas operator DNO have completed an appraisal well and sidetrack said to further delineate the 2023 Heisenberg oil and gas discovery in the Norwegian North Sea. Heisenberg, a new shallow play located in license PL827SB in the northern
New strategic alliance targets sustainable energy solutions, hydrogen included
Getech and Expro have entered a strategic partnership to propel low-carbon geoenergy projects, including geothermal energy, natural hydrogen and CCS.
Oman’s Hydrom and Germany’s VNG looking into green hydrogen value chain
Hydrom and VNG will examine the economic potential of building a green hydrogen and ammonia value chain between Oman and Germany.
Chevron and Eliis collaborate on AI solutions for seismic interpretation
Seismic interpretation solutions firm Eliis and U.S. headquartered Chevron have agreed to collaborate on the development and commercialization of advanced artificial intelligence (AI) algorithms for seismic interpretation, subsurface characterization, and modeling. Leveraging its experience in hydr
Reach Subsea’s first Reach Remote USV sea-launched
Reach Subsea has sea-launched the first unit of its Reach Remote fleet of uncrewed 24-meter surface vessels (USVs), which will, as the Norwegian company says, “revolutionize offshore subsea operations, aligning with sustainability initiatives”. The first Reach Remote unit was sea-launched on Monday,
IHI and Yara forge clean ammonia ties
IHI Corporation and Yara Clean Ammonia have concluded an MoU to jointly assess potential collaboration in the clean ammonia value chain.
Op-ed: Sailing towards sustainability
Aude Leblanc, Technology Leader – Sustainable Shipping at Bureau Veritas Marine & Offshore (BV), delves into the dynamic landscape of wind propulsion for shipping and the intricate considerations surrounding its integration into vessel designs.
Green light for world’s first ammonia bunkering terminal
The Norwegian Directorate for Civil Protection has given its approval for the construction of an ammonia bunkering facility at Fjord Base in Florø.
SeaTwirl and Verlume join forces to drive decarbonization of offshore assets
Swedish energy-tech company SeaTwirl and UK-based energy management and energy storage firm Verlume have inked a memorandum of understanding (MoU) to collaborate on the electrification of offshore assets and decarbonization of the oil and gas industry. The MoU will see the two companies identify and
Svitzer plans to install MAN ES’ methanol-fueled engine on newbuild tug
MAN ES signed an MoU with Svitzer for the development of a methanol-fueled version of the MAN 175D engine, targeting its installation on board one of Svitzer’s newbuild tugs.
AKVA Group and Inseanergy eye floating solar energy for Chilean aquaculture
Producer of equipment for the farming industry, AKVA Group, has established a partnership with Norwegian floating solar company Inseanergy to use floating solar energy to operate fish farming operations in Chile. According to AKVA Group, the partnership focuses on the shift from fossil fuels to sola
Fugro vessel ready to be equipped with methanol engines
Fugro’s geophysical vessel Fugro Pioneer is ready to be equipped with methanol engines following the conversion of the main components on board. The vessel was converted in the Netherlands as part of the Fugro-led Methanol as Energy Step Towards Emission-free Dutch Shipping (MENENS) consortium with
Tadek assesses floating offshore wind platforms for Marine Power Systems
UK-based Tadek Ocean Engineering has produced a study on floating offshore wind platforms for Welsh company Marine Power Systems (MPS). The report evaluates tension leg platforms (TLP) long-term performance compared to semi-submersible alternatives for floating offshore wind turbines (FOWT). It inc