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Outlook & Strategy

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MoU signing ceremony; Source: Petronas
Outlook & Strategy

Petronas and Sinopec combine strengths to amplify energy sector’s growth and innovation

Petronas has inked an MoU with Sinopec to look into options for fostering security of supply while accelerating the low-carbon shift.

about 2 years ago
WinGD, Alfa Laval, ABS, KSB in new ammonia-fueled tanker project
Outlook & Strategy

WinGD, Alfa Laval, ABS, KSB in new ammonia-fueled tanker project

WinGD, Alfa Laval, and ABS have signed an MoU with K Shipbuilding (KSB) for the development of an ammonia-fueled medium range tanker design.

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about 2 years ago
Norway's Energy Ministry launches seventh call for CO2 storage licenses
Outlook & Strategy

Norway’s Energy Ministry launches seventh call for CO2 storage licenses

Three new areas for CO2 storage are up for grabs in the North Sea offshore Norway, representing the seventh time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced on June 6 that it was inviting interested companies to appl

about 2 years ago
Black & Veatch looking into hydrogen commercialization in Malaysia
Outlook & Strategy

Black & Veatch looking into hydrogen commercialization in Malaysia

Tenaga Nasional Berhad and PETRONAS have appointed Black & Veatch to study green hydrogen commercialization pathways as part of efforts to realize Malaysia’s low-carbon energy ambitions.

about 2 years ago
SIRC and HEC to work on ship recycling centers in Saudi Arabia
Outlook & Strategy

SIRC and HEC to work on ship recycling centers in Saudi Arabia

Saudi Investment Recycling Company (SIRC Group) and Hellenic Environmental Center (HEC) have signed a Memorandum of Understanding (MoU) work on the establishment of environmental treatment centers for recycling services for ships in Saudi Arabia.

about 2 years ago
group of workers from RenewableUK Cymru standing in front of a red dragon statue
Outlook & Strategy

RenewableUK Cymru pushes for renewable energy reforms in Wales

RenewableUK Cymru is urging the next UK Government to set technology-specific targets to support the goal of meeting 100% of electricity demand from renewable sources by 2035.

about 2 years ago
Dutch open-access liquid CO2 terminal in Rotterdam port gains ground
Outlook & Strategy

Dutch open-access liquid CO2 terminal in Rotterdam port gains ground

CO2next, the planned liquid CO2 terminal in the Rotterdam port is progressing to a new phase with Shell and TotalEnergies as new partners.

about 2 years ago
Long-duration, transoceanic USV all done with sea trials
Outlook & Strategy

Long-duration, transoceanic USV all done with sea trials

Maritime autonomy solutions company Exail has completed sea trials of its new transoceanic uncrewed surface vessel (USV), designed for long-duration operations of up to 30 days. The DriX O-16 USV, unveiled last March, was first put to sea on May 29 in its home port of La Ciotat in the South of Franc

about 2 years ago
Sembcorp, Sojitz and Kyushu Electric nearing ammonia offtake deal
Outlook & Strategy

Sembcorp, Sojitz and Kyushu Electric nearing ammonia offtake deal

Sembcorp Green Hydrogen has signed a heads of terms with Sojitz Corporation and Kyushu Electric Power, paving the way to finalize a definitive green ammonia offtake agreement.

about 2 years ago
Study shows road to net zero in Pilbara-to-Asia export trade route through LNG
Outlook & Strategy

Study shows road to net zero in Pilbara-to-Asia export trade route through LNG

A joint study by Pilbara Clean Fuels (PCF), Oceania Marine Energy and RINA has revealed that Well-to-Wake emissions in the Pilbara-to-Asia iron ore export trade route can be reduced by over 90% by 2050 through the use of liquefied methane (LNG).

about 2 years ago
Call issued to investigate hydrogen use in Nova Scotia’s industrial sector
Outlook & Strategy

Call issued to investigate hydrogen use in Nova Scotia’s industrial sector

Net Zero Atlantic has issued a call for proposals for a study which is set to investigate the feasibility and the GHG emission reduction potential of using hydrogen in industrial process heating within Nova Scotia, Canada.

about 2 years ago
ACWA Power and Tunisian government partner up for green hydrogen project
Outlook & Strategy

ACWA Power and Tunisian government partner up for green hydrogen project

ACWA Power has signed a memorandum of understanding (MoU) with the Tunisian government to explore the potential for a project that would produce up to 600,000 tonnes per year of green hydrogen in three phases, for export to Europe.

about 2 years ago
DeepOcean adds 120-day offshore recycling job to its task list
Outlook & Strategy

DeepOcean adds 120-day offshore recycling job to its task list

Norway-based ocean services provider DeepOcean has been appointed to perform a 120-day recycling campaign on the UK continental shelf (UKCS) for an international operator. The campaign is divided into five sub-campaigns, each addressing specific tasks crucial for the decommissioning process, includi

about 2 years ago
New partnership targets VLAC design development
Outlook & Strategy

New partnership targets VLAC design development

Naftomar Shipping And Trading, Hanwha Ocean and Bureau Veritas (BV) have partnered up for the design development of a very large ammonia carrier (VLAC).

about 2 years ago