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Outlook & Strategy

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Outlook & Strategy

Prosafe spots rise in tendering activity with more awards anticipated for 2025 and beyond

Oslo Stock Exchange-listed Prosafe has caught sight of increased activity in tenders covering work for 2025 and beyond.

about 2 years ago

Outlook & Strategy

EST-Floattech to speed up electrification of shipping with new financial boost

Dutch energy storage systems provider EST-Floattech has received an investment of €4 million from Energy Transition Fund Rotterdam and existing shareholders to advance the electrification of the shipping industry.

about 2 years ago

Outlook & Strategy

Deal signed for creation of CCS value chain between Malaysia and Japan

Two Japanese players have inked an agreement to pursue the creation of a carbon capture and storage (CCS) value chain between Malaysia and Japan. Tokyo-headquartered Mitsui & Co. and the Hiroshima-headquartered Chugoku Electric Power Co., Inc. concluded a memorandum of understanding (MoU) concerning

about 2 years ago

Outlook & Strategy

New hydrogen hub to be developed in Western Australia

The Albanese and Cook Governments have finalized a $140 million agreement to build a hydrogen hub in Western Australia (WA), specifically in the Pilbara, on the traditional lands of the Ngarluma and Kariyarra people. This also includes Murujuga, where the Traditional Custodians are represented by th

about 2 years ago

Brazilian state-owned oil and gas giant Petrobras has appointed Norwegian Kanfa, a Technip Energies company, to deliver an offshore carbon capture and storage (CCS) study

Outlook & Strategy

Petrobras appoints Technip Energies company for offshore CCS study

Brazilian state-owned oil and gas giant Petrobras has appointed Norwegian Kanfa, a Technip Energies company, to deliver an offshore carbon capture and storage (CCS) study. KANFA said its scope includes the delivery of a significant study for its Canopy Marine, a compact column, amine-based, post-com

about 2 years ago

Outlook & Strategy

Venice Energy picks new FSRU supplier for Outer Harbor LNG terminal

Australian company Venice Energy has signed a new commercial understanding with AG&P LNG, a subsidiary of AG&P Group and developer of LNG terminals and downstream infrastructure, that guarantees that Venice Energy’s Outer Harbor LNG project at Port Adelaide will receive a converted FSRU. The new dev

about 2 years ago

Outlook & Strategy

Spanish researchers unveil ‘promising solution for offshore solar energy’ based on dual-axis tracker and TLP

Researchers from the Spanish University of Oviedo have developed a new offshore solar energy concept that combines a dual-axis tracking system and a tension leg platform (TLP), deemed as a “promising solution for offshore solar energy”. The novel offshore FPV system named HelioSea leverages the comb

about 2 years ago

Outlook & Strategy

With Labour’s windfall tax plan seen as ‘hammer blow’ to UK’s energy security and decarbonization, concerns over job loss on the rise

The dust has not settled yet over the Labour Party’s proposals to extend the windfall tax on UK oil and gas producers,

about 2 years ago

ASCO team supporting bp operations in Trinidad and Tobago.

Outlook & Strategy

UK firm seals the deal for ops across BP’s 16 offshore assets in Trinidad

UK-based materials management and logistics firm ASCO has secured a five-year contract with BP Trinidad and Tobago, a subsidiary of the UK-headquartered energy giant BP. Under the contract that came into effect at the start of the year, ASCO is providing supply base and pipeyard management services

about 2 years ago

Outlook & Strategy

Equinor inks 15-year LNG supply deal with India’s Deepak

Norwegian state-owned energy major Equinor and Indian fertilizer and petrochemical company Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) have signed a 15-year agreement for supplies of liquefied natural gas (LNG) with deliveries starting in 2026. Equinor’s portfolio, based on LNG fr

about 2 years ago

Outlook & Strategy

Interview with Bureau Veritas: US LNG permitting freeze could unleash upsurge in renewables and hydrogen

two representatives from Bureau Veritas have provided their take on the current energy trends, highlighting that renewables and hydrogen are positioned to reap the benefits from the recent U.S. liquefied natural gas (LNG) permitting pause.

12 minutes read

Outlook & Strategy

Greece’s first FSRU receives commissioning LNG cargo

Greece’s first floating storage regasification unit (FSRU) based LNG import terminal is gearing up for commissioning tests with the arrival of the first LNG cargo. The commissioning cargo to the Alexandroupolis FSRU was delivered on February 18, 2024, onboard GasLog Hong Kong LNG carrier. Once the c

about 2 years ago

Outlook & Strategy

MOL, 123Carbon complete carbon insetting pilot

Japanese shipping company Mitsui O.S.K. Lines (MOL) has completed an insetting pilot with the Dutch company 123Carbon by tokenizing the GHG emission reductions from the net zero voyage which was conducted jointly with Canada’s methanol supplier Methanex Corporation in February 2023.

about 2 years ago

Outlook & Strategy

Eidesvik and Agalas shake hands for low-emission Türkiye-built vessel

Eidesvik Offshore and Agalas have entered into an agreement to build a new, low-emission construction support vessel (CSV) that will be equipped to perform inspection, maintenance and repair (IMR) work. The vessel will be owned by an entity to be named Eidesvik Agalas AS, where Eidesvik will be the

about 2 years ago