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Outlook & Strategy

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Ørsted nets up to $100 million in federal funding for e-methanol plant in Texas
Outlook & Strategy

Ørsted nets up to $100 million in federal funding for e-methanol plant in Texas

Ørsted was selected by the U.S. DOE to receive up to $100 million in federal funding to construct its e-methanol facility in Texas.

about 2 years ago
Swedish energy-tech company SeaTwirl and UK-based energy management and energy storage firm Verlume have inked a memorandum of understanding (MoU) to collaborate on the electrification of offshore ass
Outlook & Strategy

SeaTwirl and Verlume join forces to drive decarbonization of offshore assets

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Swedish energy-tech company SeaTwirl and UK-based energy management and energy storage firm Verlume have inked a memorandum of understanding (MoU) to collaborate on the electrification of offshore assets and decarbonization of the oil and gas industry. The MoU will see the two companies identify and

about 2 years ago
Svitzer plans to install MAN ES’ methanol-fueled engine on newbuild tug
Outlook & Strategy

Svitzer plans to install MAN ES’ methanol-fueled engine on newbuild tug

MAN ES signed an MoU with Svitzer for the development of a methanol-fueled version of the MAN 175D engine, targeting its installation on board one of Svitzer’s newbuild tugs.

about 2 years ago
Producer of equipment for the farming industry, AKVA Group, has established a partnership with a Norwegian floating solar company Inseanergy, to use floating solar energy to operate fish farming opera
Outlook & Strategy

AKVA Group and Inseanergy eye floating solar energy for Chilean aquaculture

Producer of equipment for the farming industry, AKVA Group, has established a partnership with Norwegian floating solar company Inseanergy to use floating solar energy to operate fish farming operations in Chile. According to AKVA Group, the partnership focuses on the shift from fossil fuels to sola

about 2 years ago
Fugro vessel ready to be equipped with methanol engines
Outlook & Strategy

Fugro vessel ready to be equipped with methanol engines

Fugro’s geophysical vessel Fugro Pioneer is ready to be equipped with methanol engines following the conversion of the main components on board. The vessel was converted in the Netherlands as part of the Fugro-led Methanol as Energy Step Towards Emission-free Dutch Shipping (MENENS) consortium with

about 2 years ago
TLP and SS modelled in OrcaFlex. The mooring systems have been omitted for visualisation purposes but correspond to standard arrangements
Outlook & Strategy

Tadek assesses floating offshore wind platforms for Marine Power Systems

UK-based Tadek Ocean Engineering has produced a study on floating offshore wind platforms for Welsh company Marine Power Systems (MPS). The report evaluates tension leg platforms (TLP) long-term performance compared to semi-submersible alternatives for floating offshore wind turbines (FOWT). It inc

about 2 years ago
ExxonMobil partners with JERA for its low-carbon hydrogen project
Outlook & Strategy

ExxonMobil partners with JERA for its low-carbon hydrogen project

ExxonMobil and JERA signed a project framework agreement to explore the development of a low-carbon hydrogen and ammonia production.

about 2 years ago
3D rendering of the Ammonia fuelled MGC, provided by Hyundai Mipo Dockyard
Outlook & Strategy

Lloyd’s Register: Safety is crucial for adoption of ammonia as marine fuel

A report by Lloyd’s Register has highlighted the need for an industry-wide understanding of the operational and safety challenges surrounding the use of ammonia as a marine fuel.

about 2 years ago
Germany’s first land-based terminal for liquefied gases proceeds to next phase with FID in place
Outlook & Strategy

Germany’s first land-based terminal for liquefied gases proceeds to next phase with FID in place

Hanseatic Energy Hub (HEH), Germany’s first land-based terminal for liquefied gases in Stade, has reached the final investment decision (FID) and is preparing for the official groundbreaking ceremony.

about 2 years ago
U-Ming
Outlook & Strategy

U-Ming, ITOCHU eye joint development of ammonia-fueled ships

U-Ming Marine Transport, a subsidiary of Taiwanese shipping company U-Ming Marine Transport Corporation, has signed a memorandum of understanding (MoU) with Japan’s ITOCHU Corporation to explore the joint ownership and operation of ammonia-fueled ships.

about 2 years ago
In effort to have 'world’s most advanced AUV fleet', Argeo inks deal for another unit
Outlook & Strategy

In effort to have ‘world’s most advanced AUV fleet’, Argeo inks deal for another unit

In an effort to build an advanced autonomous underwater vehicle (AUV) fleet, ocean surveying and inspection company Argeo Subsea has signed a Certificate of Delivery and Acceptance with CSI Nordics for the second Kongsberg Discovery HUGIN Superior AUV. Under a three-party Certificate of Delivery and

about 2 years ago
Técnicas Reunidas and Sterling plan 1 MWe hydrogen electrolyzer in India
Outlook & Strategy

Técnicas Reunidas and Sterling plan 1 MWe hydrogen electrolyzer in India

Técnicas Reunidas and Sterling Generators have signed an agreement for the joint development of a 1 MWe hydrogen electrolyzer in India.

about 2 years ago
UK CCS cluster step closer to execution phase with approval for CO2 pipeline
Outlook & Strategy

UK CCS cluster step closer to execution phase with approval for CO2 pipeline

The UK Government has granted a development consent order (DCO) for a newbuild CO2 pipeline that will transport CO2 from capture plants across the North West of England and North Wales to permanent storage in Eni’s depleted natural gas reservoirs, located under the seabed in Liverpool Bay. The Secre

about 2 years ago
Amogy forms technology and engineering partnership with W-Industries
Outlook & Strategy

Amogy forms technology and engineering partnership with W-Industries

Amogy has signed a memorandum of understanding (MoU) with W-Industries to examine opportunities for technology and engineering collaboration.

about 2 years ago