Outlook & Strategy
Petrobras and Shearwater set up partnership to ‘reshape’ seismic exploration
Norway’s Shearwater GeoServices and Brazilian state-owned oil and gas giant Petrobras have entered into a multi-year collaborative technology agreement aimed at reshaping seismic exploration and field developments in Brazil. The commitment will encompass the industrialization of Shearwater’s marine
Maersk inks landmark green methanol offtake agreement with China’s Goldwind
Danish integrated logistics company A.P. Moller-Maersk and Chinese clean energy company Goldwind have entered into the first large-scale green methanol offtake agreement for the global shipping industry.
Interview: Almost every ocean-going ship type can become a CO2 carrier
In the ever-evolving landscape of maritime innovation, one topic has emerged as a beacon of change and promise – carbon capture in shipping. As global efforts to decarbonize intensify, the role of CO2 capture, liquefaction, and transport is expected to grow in importance, especially in line with the
Technip Energies: Global deployment of CCS needed in all sectors as ‘essential’ piece of decarbonization puzzle
Which steps need to be taken to enhance the viability of CCUS as a decarbonization tool in the energy transition arsenal?
Horisont Energi-Koole Terminals partnership to include CCS value chain
Horisont Energi, a clean energy company, and Koole Terminals, an independent provider of integrated services for storage, processing and logistics, have signed a non-binding memorandum of understanding (MoU) to continue their collaboration to explore the potential development of a European carbon ca
AW-Energy and partners appoint ESIA consultant for Namibia’s wave energy pilot
Kaoko Green Energy Solutions and AW-Energy have appointed I.N.K Enviro Consultants to conduct the environmental and social impact assessment (ESIA) for the WaveRoller wave energy pilot project.
CSL orders MAN GenSets for hydrogen-powered feeders
India’s shipbuilding major Cochin Shipyard Ltd (CSL) has ordered MAN’s high-speed gensets to supply backup diesel-electric propulsion for Samskip’s hydrogen-powered feeders. Rotterdam-based Samskip Group has two short-sea feeder container ships under construction at CSL. Known as the SeaShuttle proj
IHI and Vopak unite for development of ammonia terminals in Japan
Japan’s IHI Corporation and Dutch Royal Vopak have signed a memorandum of understanding (MoU) to jointly explore the development and operation of efficient, high-value-added ammonia terminals in Japan, with a possibility to expand the collaboration to other regions. According to the companies, the c
3D model-based classification approvals simplify ship design processes, new JDP confirms
Classification society Bureau Veritas (BV), the Shanghai Merchant Ship Design & Research Institute (SDARI) and maritime software provider NAPA have completed the first phase of a joint development project (JDP) to enable 3D model-based approvals for the classification of ships.
JDR’s new subsea cable factory hits several construction milestones
JDR Cable Systems, part of the TFK Group, has achieved several milestones in the construction of its new £130 million subsea cable manufacturing facility in Cambois, near Blyth, Northumberland. The facility, set to expand the product offerings of JDR and TFKable, will produce high and extra-high vol
EU earmarks €2.2 billion in hydrogen funding for spring 2024
The President of the European Commission (EC) Ursula von der Leyen has announced new investments into the hydrogen industry, including €2.2 billion worth of funding reserved for the spring of 2024. During a speech at the European Hydrogen Week 2023, via video message, von der Leyen said that the hyd
Countdown begins: Offshore Energy Exhibition & Conference 2023 opens in one week
Industry giants, experts, policymakers, innovators and start-ups from the offshore energy sector will meet at the Offshore Energy Exhibition & Conference 2023 (OEEC 2023) in Amsterdam one week from now. The backdrop to two full days of discussions, insights and updates is the exhibition floor that w
Diana Shipping to trial carbon capture system on Capesize bulker with Ecochlor and Sinotech
Greek dry bulk shipping company Diana Shipping is set to test a carbon capture system (CCS) onboard one of its capesize bulk carriers in cooperation with Ecochlor and Sinotech CCS. The trio has signed a Letter of Intent (LOI) for the installation of a Sinotech scrubber and CCS system onboard Diana’s
Subsea7 tendering work for ‘major’ EPCI projects with offshore activity in 2026 and beyond
Subsea7 has reported revenue of $1.6 billion for the third quarter of the year, an increase of $174 million or 12% compared to the same period in 2022, mainly due to significantly increased activity in the Subsea and Conventional business unit. With this, the company said it was on track to meet gui