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Outlook & Strategy

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EverLoNG concludes second carbon capture demonstration onboard LNG-powered ship
Outlook & Strategy

EverLoNG concludes second carbon capture demonstration onboard LNG-powered ship

The EverLoNG project, an initiative aiming to encourage the uptake of ship-based carbon capture (SBCC) by trialing its use onboard LNG-fueled ships, has completed the second demonstration campaign on Heerema Marine Contractors’ LNG-powered crane ship Sleipnir. The demonstration campaign began in Jun

about 1 year ago
Terry Allan, CEO at nexos; Source: nexos
Outlook & Strategy

Op-ed: Different rules, same game – Thinking differently about UK’s energy future

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Terry Allan, CEO of Aberdeen-headquartered nexos, delves into the intricate complexities of the energy industry’s version of a high-stakes poker game in the United Kingdom (UK).

about 1 year ago
India and Germany forge green hydrogen ties
Outlook & Strategy

India and Germany forge green hydrogen ties

To promote the market ramp-up of green hydrogen and enhance cooperation in climate action and sustainable development, India and Germany have launched the “Indo-German Green Hydrogen Roadmap.”

about 1 year ago
Gothenburg
Outlook & Strategy

Gothenburg, Shanghai renew port agreement to intensify collaboration on sustainable transport

Sweden’s Port of Gothenburg and China’s Port of Shanghai have signed a renewed sister port agreement aimed at promoting and developing cooperation on growth and sustainability between the port authorities.

about 1 year ago
BASF and AM Green enter non-binding green ammonia offtake deal
Outlook & Strategy

BASF and AM Green enter non-binding green ammonia offtake deal

German BASF and Indian AM Green have signed a non-binding letter of intent (LoI) for the offtake of 100,000 tons annually of ammonia produced exclusively with renewable energy.

about 1 year ago
FuelCell Energy and KHNP to work on clean hydrogen projects in Korea
Outlook & Strategy

FuelCell Energy and KHNP to work on clean hydrogen projects in Korea

U.S.-based FuelCell Energy and Korea Hydro & Nuclear Power (KHNP) have agreed to jointly pursue hydrogen energy business initiatives and have signed a memorandum of understanding (MoU) outlining the possibilities.

about 1 year ago
Multiple contract win in Brazil brings $53 million to Solstad
Outlook & Strategy

Multiple contract win in Brazil brings $53 million to Solstad

Norwegian shipping company Solstad Offshore has secured multiple contracts together worth around $53 million for three of its vessels to perform work in Brazil. The 2005-built anchor handling tug supply (AHTS) vessel Normand Topazio has been awarded a one-year contract with commencement this month,

about 1 year ago
Illustration; Source: Petronas
Outlook & Strategy

Petronas’ quest to fortify Malaysia’s oil & gas pinpoints 34 contractors for well engineering activities

Petronas has launched two initiatives through Malaysia Petroleum Management (MPM) to strengthen the country’s oil and gas sector and ensure an optimal and sustainable supply of oil and gas to boost energy security.

about 1 year ago
DNV and IRS come on board Nuclear Energy Maritime Organization
Outlook & Strategy

DNV and IRS come on board Nuclear Energy Maritime Organization

Classification societies DNV and Indian Register of Shipping (IRS) have become members of the Nuclear Energy Maritime Organization (NEMO), an association focused on advancing the integration of nuclear technology in maritime. NEMO was created earlier this year by a group of companies interested in d

about 1 year ago
UK firm plans autonomous submarine fleet, 50 units in the long term
Outlook & Strategy

UK firm plans autonomous submarine fleet, 50 units in the long term

UK’s remote robotics company HonuWorx is planning to develop a fleet of autonomous submarines that will perform services across the oil & gas, offshore wind, and defense sectors, targeting 50 units in the long term. In what the company describes as an industry-first, HonuWorx deployed a remotely ope

about 1 year ago
Transocean Barents rig (for illustration purposes); Source: Equinor
Outlook & Strategy

UK likely to unlock £10 billion worth of North Sea oil & gas with encouraging fiscal regime, WoodMac finds

Considering the rising focus on energy security, Wood Mackenzie has pointed out that Britain could get its hands on an additional £10 billion of North Sea oil and natural gas value from existing assets if it puts the right set of fiscal and regulatory policies in place.

about 1 year ago
Longship
Outlook & Strategy

Longship bids welcome to second ‘ultra-low’ emission diesel-electric cargo vessel

The Netherlands-based shipping company Longship has taken delivery of the second of a series of four ultra-low-emission, diesel-electric newbuildings from Türkiye’s Atlas Shipyard. As disclosed, the 8,600 dwt general cargo vessel, dubbed the Longeon, was handed over on October 25, 2024. It is part o

about 1 year ago
BV
Outlook & Strategy

BV: Regulatory barriers impede widespread uptake of wind propulsion

Despite the promising progress of wind propulsion in shipping, its uptake remains hindered by regulatory barriers, technical challenges, and a lack of confidence among industry stakeholders, classification society Bureau Veritas (BV) said in a recent report.

about 1 year ago
Viridien and SLB's first Australian partnership looks into exploration and carbon storage potential
Outlook & Strategy

Viridien and SLB’s first Australian partnership looks into exploration and carbon storage potential

France-based geophysical services company Viridien, formerly known as CGG, and American oilfield services company SLB have partnered for the first time in Australia to gather data into the exploration and carbon storage potential of the Bonaparte Basin. Viridien reported on October 24 that the partn

about 1 year ago