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Outlook & Strategy

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AquaVentus offshore wind-to-hydrogen initiative gets new member
Outlook & Strategy

AquaVentus offshore wind-to-hydrogen initiative gets new member

Technology company Elogen, part of the Gaztransport & Technigaz (GTT) group, has come onboard German offshore wind-to-hydrogen initiative, AquaVentus. Elogen expects to support this industrial development through ongoing undertaking in offshore electrolysis and take a further step in its commitment

about 2 years ago
Hexagon Purus
Outlook & Strategy

Op-ed: Overcoming barriers to hydrogen adoption in maritime: A path to a cleaner future

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The global shipping industry, responsible for approximately 3% of total greenhouse gas emissions, stands at a crucial turning point. To achieve the International Maritime Organization’s (IMO) net-zero greenhouse gas (GHG) emissions target by 2050, clean fuels must be adopted at scale.

about 2 years ago
OOCL
Outlook & Strategy

OOCL, partners opt for biofuel-based decarbonization pathway

Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) and partners have joined hands to advance low-carbon shipping, opting for biofuel to reduce supply chain emissions.

about 2 years ago
WindEurope's Giles Dickson: Money, mindset and mobility main showstoppers for jobs in wind energy
Outlook & Strategy

WindEurope’s Giles Dickson: Three Ms main showstoppers for jobs in wind energy

The wind energy industry employs 370,000 people in Europe, however, if countries act on their goals, 600,000 jobs will be needed by 2030 and finding and skilling is one of the biggest challenges that the continent is facing, according to Giles Dickson, CEO of WindEurope. At a session held at the ONS

about 2 years ago
Texas-headquartered energy giant ConocoPhillips has handed out a global contract to Aberdeen-based technology company, Raptor Data, to manufacture and use/utilize/employ a fleet of tools, which will i
Outlook & Strategy

ConocoPhillips hands out plug and abandonment work to Aberdeen-based firm

Texas-headquartered energy giant ConocoPhillips has handed out a global contract to Aberdeen-based technology company, Raptor Data, to manufacture and utilize a fleet of tools, which will initially be deployed in Norway. Pathfinder, described as the first plug-and-play in-well verification system, i

about 2 years ago
Anemoi
Outlook & Strategy

Anemoi, NAPA team up to reap fruits of rotor sails combined with voyage optimization

The UK-based wind-assisted propulsion provider Anemoi Marine Technologies has signed an agreement with NAPA, the Finnish-based global maritime software, services and data analysis expert, to bring its weather routing and voyage optimization tools to users of its rotor sails.

about 2 years ago
Two men sitting behind a desk exchanging documents
Outlook & Strategy

Duo going on low-carbon mission to enhance Southeast Asia’s energy resilience

The Asia Natural Gas and Energy Association (ANGEA) and the ASEAN Centre for Energy (ACE) have inked a memorandum of understanding (MOU) to expedite energy transition and strengthen the security of power supply in Southeast Asia.

about 2 years ago
Illustration; Source: The Danish Energy Agency
Outlook & Strategy

Green light for Wintershall Dea to pass on its oil & gas and CO2 assets in Denmark to Harbor Energy

The Danish Energy Agency (DEA), responsible for tasks linked to energy production, supply, and consumption, alongside Denmark’s efforts to cut its carbon footprint, has given its blessing for four permits to change hands, leaving the portfolio of Germany’s Wintershall Dea to become part of hydrocarb

about 2 years ago
Japanese shipping players unite to develop LCO2 carrier design and enable large-scale LCO2 transport by 2028
Outlook & Strategy

Japanese shipping players unite to develop LCO2 carrier design and enable large-scale LCO2 transport by 2028

A group of seven Japanese shipping players and shipbuilders has started a joint study to establish standard specifications and designs for liquefied CO2 (LCO2) carriers as well as a construction supply chain. The parties involved in the joint study are Mitsui O.S.K. Lines (MOL), K Line, NYK Line, Mi

about 2 years ago
HD KSOE ventures into hydrogen fuel cell market with $80M acquisition
Outlook & Strategy

HD KSOE ventures into hydrogen fuel cell market with $80M acquisition

South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) is set to spearhead the global hydrogen fuel cell market through an investment of $80 million to acquire Convion, a company specializing in fuel cell systems. HD KSOE said it had recently, through its subsidiary H

about 2 years ago
A large vessel at sea
Outlook & Strategy

‘Challenging’ period for LNG fleet ahead unless freight efficiency increases, Norwegian firm’s analysis shows

Awilco LNG, a Norwegian-based fully integrated pure-play liquefied natural gas (LNG) transportation provider, has highlighted in its analysis of the LNG market trends in the first half of 2024 and predictions for the upcoming period that the market activity is picking up the pace even though the cha

about 2 years ago
With the assistance of the Norwegian seismic company TGS, the Government of Liberia, through the Liberia Petroleum Regulatory Authority (LPRA), has initiated a direct negotiation licensing round featu
Outlook & Strategy

Supported by TGS, Liberia opens licensing round for 29 offshore blocks

With the assistance of the Norwegian seismic company TGS, the Government of Liberia, through the Liberia Petroleum Regulatory Authority (LPRA), has initiated a direct negotiation licensing round featuring 29 offshore blocks in the Liberia and Harper Basins. TGS supports this effort by providing a p

about 2 years ago
With major regulatory approval in, Australia-Asia link ready for next phase
Outlook & Strategy

With major regulatory approval in, Australia-Asia power link ready for next phase

With major regulatory approval in place, the path has been cleared for the next phase of development for a project that will harness and store renewable energy from Australia and transmit it to Singapore via a high-voltage direct current (HVDC) transmission system. The Australia-Asia Power Link (AAP

about 2 years ago
JERA and Lotte Fine Chemical
Outlook & Strategy

JERA and Lotte Fine Chemical forge partnership to advance low-carbon fuel value chains

JERA, a Japanese energy company, and Lotte Fine Chemical (LFC), a South Korean chemical company, have entered into a joint collaboration agreement to develop low-carbon fuel value chains in Asia. This partnership aims to accelerate the creation of a ‘robust’ low-carbon fuel infrastructure, addressin

about 2 years ago