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Outlook & Strategy

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Illustration; Source: Peru LNG
Outlook & Strategy

New partner joins South America’s inaugural LNG export facility

EIG-managed LNG company MidOcean Energy has completed the acquisition of Korea-based SK earthon’s interest in Peru LNG (PLNG).

about 2 years ago
'Good start' to 2024 for Nexans with record subsea-driven backlog
Outlook & Strategy

‘Good start’ to 2024 for Nexans with record subsea-driven backlog

Paris-headquartered cable systems designer and manufacturer Nexans has reported a record adjusted backlog of €6.7 billion for its Generation & Transmission segment, a 10.2% increase compared to December 2023, said to be mainly subsea-driven. In its financial results for the first quarter of 2024, Ne

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about 2 years ago
Hydrogen industry in Canada receives $57 million boost
Outlook & Strategy

Hydrogen industry in Canada receives $57 million boost

The government of the Canadian province of Alberta has announced $57 million in innovation funding for 28 projects to boost hydrogen industry.

about 2 years ago
Science Based Targets initiative approves Fugro's net-zero targets
Outlook & Strategy

Science Based Targets initiative approves Fugro’s net-zero targets

The Science Based Targets initiative (SBTi) has approved Fugro’s near- and long-term science-based emissions reduction targets. Fugro’s net-zero target spans all three emission scopes, with the ultimate goal of achieving net-zero greenhouse gas (GHG) emissions across the value chain by 2050. “This v

about 2 years ago
European Investment Bank to support Plagazi’s Köping Hydrogen Park
Outlook & Strategy

European Investment Bank to support Plagazi’s Köping Hydrogen Park

Plagazi has revealed that the European Investment Bank (EIB) will provide financial advisory for the Köping Hydrogen Park in Sweden.

about 2 years ago
James Hill, CEO of MCF Energy
Outlook & Strategy

Op-ed: Hormuz blockage – A potential win for the LNG market?

A conflict-turned opportunity is what many are calling the potential blockage of Hormuz. It is a delicate dance between investor opportunity and world crisis for the second time in two years.

about 2 years ago
Maersk Training, Green Marine to teach seafarers how to operate methanol-fueled ships
Outlook & Strategy

Maersk Training, Green Marine to teach seafarers how to operate methanol-fueled ships

Maersk Training, part of Danish shipping giant A.P. Moller-Maersk, and compatriot Green Marine, a pioneer in methanol-powered maritime solutions, have entered into a strategic partnership to establish Maersk Training powered by Green Marine.

about 2 years ago
New partnership to decarbonize maritime sector through ammonia deployment
Outlook & Strategy

New partnership to decarbonize maritime sector through ammonia deployment

Hanwha Ocean, Hanwha Aerospace and Amogy have entered a partnership to accelerate the decarbonization of the maritime industry through the deployment of ammonia technology.

about 2 years ago
Illustration; Source: Europa Oil & Gas
Outlook & Strategy

Gas discovery at Irish prospect could bring down emissions stemming from energy imports, report finds

Europa Oil & Gas has published a report suggesting that its prospect offshore Ireland could help curb the firm’s carbon footprint.

about 2 years ago
Uniper and Salzgitter ink preliminary hydrogen supply deal
Outlook & Strategy

Uniper and Salzgitter ink preliminary hydrogen supply deal

German companies Uniper and Salzgitter have signed a pre-contract for the supply and purchase of green hydrogen.

about 2 years ago
After LS Cable & System, Hellenic Cables gets financial push for US cable factory
Outlook & Strategy

After LS Cable & System, Hellenic Cables gets financial push for US cable factory

Hellenic Cables Americas, the U.S. subsidiary of Cenergy Holdings, has received financial support from the U.S. Department of Energy (DOE) for its planned cable manufacturing facility in Maryland. Hellenic Cables Americas is planning to build a new cable manufacturing facility in Baltimore, Maryland

about 2 years ago
IBIA
Outlook & Strategy

IBIA and BIMCO to jointly address fuel and maritime challenges

The International Bunker Industry Association (IBIA), the voice of the global bunker industry, and BIMCO, the world’s largest international shipping association, have signed a memorandum of understanding (MoU) to collaborate on some of the monumental challenges and opportunities within the areas of

about 2 years ago
H2Carrier plans Power-to-X production of hydrogen and ammonia in Norway
Outlook & Strategy

H2Carrier plans Power-to-X production of hydrogen and ammonia in Norway

H2Carrier has applied to the NVE for the development of two large onshore wind farms in Finnmark County to produce green hydrogen and ammonia.

about 2 years ago
Mocean Energy's wave energy converter back to shore after 12-month offshore testing
Outlook & Strategy

Mocean Energy’s wave energy converter back to shore after 12-month offshore testing

Mocean Energy’s Blue X wave energy converter and Verlume’s Halo underwater battery storage system have returned to shore after over 12 months of testing at sea off Orkney as part of the Renewables for Subsea Power (RSP) project that combines wave energy with subsea storage to power subsea equipment.

about 2 years ago