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Outlook & Strategy

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Canada
Outlook & Strategy

New clean economy legislation to propel Canada’s net zero by 2050 goal

The Government of Canada has passed into law the first four Clean Economy Investment Tax Credits (ITCs), set to attract investment, boost innovation, create jobs, and steer the nation’s economy towards achieving net-zero emissions by 2050.

about 2 years ago
Illustration; Source: ABL Group
Outlook & Strategy

Repsol handpicks headhunter to staff its Norwegian onshore and offshore assets

AGR has won a frame agreement with Repsol Norge to recruit energy professionals for the latter’s operations in the Nordic country.

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about 2 years ago
New alliance looking into development of hydrogen and ammonia technologies
Outlook & Strategy

New alliance looking into development of hydrogen and ammonia technologies

KKR and IGNIS have agreed to launch a platform IGNIS P2X to develop primarily green hydrogen and ammonia projects for industrial applications in hard-to-abate sectors.

about 2 years ago
Zhoushan yard; Source: Wison New Energies
Outlook & Strategy

Chinese energy firm packs its bags to join the exodus from Russia

China-based provider of clean energy services Wison New Energies has signaled its intention to end all current and future Russian operations.

about 2 years ago
New cross-industry collab targets shipping decarbonization via energy efficiency, future fuels, and onboard carbon capture
Outlook & Strategy

New cross-industry collab targets shipping decarbonization via energy efficiency, future fuels, and onboard carbon capture

GCMD and OGCI teamed up to work on decarbonizing the shipping industry with focus on energy efficiency, future fuels, and onboard CO2 capture.

about 2 years ago
Partners to start construction of low-carbon ammonia facility in Abu Dhabi
Outlook & Strategy

Partners to start construction of low-carbon ammonia facility in Abu Dhabi

TA’ZIZ, Fertiglobe, Mitsui & Co. and GS Energy Corporation have agreed to commence construction of a low-carbon ammonia production facility in Abu Dhabi, United Arab Emirates (UAE).

about 2 years ago
Ocean Installer picked for major subsea scope at Equinor's large North Sea oil & gas field
Outlook & Strategy

Ocean Installer picked for major subsea scope at Equinor’s large oil & gas field

Norwegian state-owned energy company Equinor has awarded compatriot Ocean Installer with an engineering, procurement, construction and installation (EPCI) contract to deliver a subsea scope for its huge oil and natural gas field in the Norwegian sector of the North Sea. Equinor and its partners have

about 2 years ago
Illustration; Source: Westwood
Outlook & Strategy

Namibia’s discoveries seen as silver lining: Global drilling costs up but exploration success rate down

High-impact exploration average discovery size is declining while costs have risen for the fifth consecutive year.

about 2 years ago
ExxonMobil plans hydrogen and CCS facility in Texas
Outlook & Strategy

ExxonMobil allies with Air Liquide for its low-carbon hydrogen project in Texas

ExxonMobil and Air Liquide have entered an agreement that is expected to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility, in the U.S.

about 2 years ago
HYDS becomes key partner in green hydrogen production project at Fjord Base
Outlook & Strategy

HYDS becomes key partner in green hydrogen production project at Fjord Base

HYDS acquired a 33% stake in HyFuel, a developer of a green hydrogen production project for the maritime sector at Fjord Base in Norway.

about 2 years ago
Great Ocean to sell Eltronic FuelTech’s technologies to shipyards in China
Outlook & Strategy

Great Ocean to sell Eltronic FuelTech’s technologies to shipyards in China

Eltronic Fueltech has signed an agreement with Great Ocean, under which the latter will be responsible for marketing and selling Eltronic’s supply and safety systems to designated shipyards across China.

about 2 years ago
DOF continues it winning streak with Petrobras with two new contracts
Outlook & Strategy

DOF continues its winning streak with Petrobras with two new contracts

Norwegian vessel owner DOF Group has added more work to its to-do list for Brazilian oil and gas giant Petrobras by securing two new long-term contracts. The Brazil-built and flagged 142.2-meter-long pipelay support vessel (PLSV) Skandi Niterói has been given a three-year firm plus option contract,

about 2 years ago
Plug Power lands 25 MW PEM electrolyzer order in Europe
Outlook & Strategy

Plug Power lands 25 MW PEM electrolyzer order in Europe

U.S. Plug Power has secured an order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems for a customer in Europe.

about 2 years ago
With financial support, Equinor backs Reach Subsea's USV qualification program
Outlook & Strategy

With financial support, Equinor backs Reach Subsea’s USV qualification program

Norway’s Reach Subsea is collaborating with compatriot state-owned energy giant Equinor to carry out a technology qualification program for the Reach Remote uncrewed surface vessels (USVs) that aims to validate remote operations for various tasks. Reach Remote 1 and 2 have entered the final testing

about 2 years ago