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Outlook & Strategy

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Illustration; Source: Eni
Outlook & Strategy

Eni’s CEO portrays UK as ‘primary’ investment playground for gas, renewables, and CCS pursuits

Eni’s CEO describes the UK as a top investment destination not just for natural gas but also for renewable energy, and carbon capture and storage (CCS).

about 2 years ago
After little acquisition activity in 2023, Norwegian firm gets $11.7M contract with Petrobras
Outlook & Strategy

After little acquisition activity in 2023, Norwegian firm gets $11.7M contract with Petrobras

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Brazilian state-owned oil and gas giant Petrobras has awarded Norway’s Electromagnetic Geoservices (EMGS) with a contract worth approximately $11.7 million to deliver a multi-client survey offshore Brazil. The contract represents EMGS’ first acquisition project offshore Brazil in almost ten years. T

about 2 years ago
Methanol
Outlook & Strategy

LR, Green Marine roll out training for methanol as marine fuel

Danish methanol-as-marine-fuel consultancy Green Marine has teamed up with Lloyd’s Register (LR) classification society on expert training for methanol handling. The training program is intended for maritime stakeholders that aim to build or retrofit and operate vessels with methanol-as-fuel technol

about 2 years ago
Wallenius Wilhelmsen
Outlook & Strategy

Wallenius Wilhelmsen lands lucrative contracts worth $1.2 billion

Oslo-listed Wallenius Wilhelmsen has sealed two contracts worth over $1.2 billion with an unnamed global construction and mining equipment manufacturer and one of the largest automotive distributors in the Americas. The first multi-year shipping contract, valued at approximately $1 billion based on

about 2 years ago
ammonia
Outlook & Strategy

Ammonia beats methanol as MSI predicts increased demand

The role of alternative fuels in powering the low-carbon economy will dramatically increase volumes of renewable ammonia, outstripping growing volumes of renewable methanol.

about 2 years ago
Scottish consortium to develop green hydrogen shore power trial with CMDC funding
Outlook & Strategy

Scottish consortium to develop green hydrogen shore power trial with CMDC funding

A Scottish consortium of four renewable and maritime companies has secured funding from the UK Government Department for Transport (DfT) to develop a green hydrogen shore power trial project at the Port of Leith. As disclosed, the project was granted over £535,000 (around $679,000) as part of the Cl

about 2 years ago
Poor weather hits pause on construction of new UK interconnector
Outlook & Strategy

Poor weather hits pause on construction of new UK interconnector

Offshore cable operations have been paused for the Greenlink interconnector that will link Ireland and Wales due to poor weather and for maintenance and upgrades on the construction vessel. The Greenlink Interconnector will link the southeast of Ireland, from Great Island, County Wexford to South-we

about 2 years ago
NYK
Outlook & Strategy

NYK breaks ground on in-house biofuel testing hub

On Monday, January 29, Japanese shipping major NYK Group broke ground on a test engine facility, aimed at evaluating the safety and practical application of biofuels for maritime use. The company’s latest venture towards sustainable shipping is being constructed in Chiba Prefecture. NYK Group compan

about 2 years ago
Marine Renewables Canada has appointed four new members to its Board of Directors.
Outlook & Strategy

MRC appoints four new members to the Board of Directors

Marine Renewables Canada has appointed four new members to its Board of Directors. “As the need for clean energy grows, the marine renewable energy sector is positioned to have a significant impact on fighting climate change and building a sustainable and inclusive future,” said Marine Renewables C

about 2 years ago
Chinese cabling giant buys into two UK companies, enters Morocco-UK power project
Outlook & Strategy

Chinese cabling giant buys into two UK companies, enters Morocco-UK power project

Chinese power cable specialist Orient Cable (NBO) is entering the Morocco-UK Power Project with the acquisition of a stake in the company behind the multi-technology renewable energy project. Xlinks First Limited announced it had entered into a share subscription agreement for the placement of commo

about 2 years ago
Baker Hughes making strides in transition to hydrogen economy
Outlook & Strategy

Baker Hughes making strides in transition to hydrogen economy

Energy technology company Baker Hughes has reached numerous milestones in the advancement of its hydrogen-enabling technologies as well as in executing several customers’ hydrogen projects and new collaborations as part of its broader strategy in new energy. The company announced these milestones du

about 2 years ago
ABB
Outlook & Strategy

ABB to accelerate decarbonization of NCLH cruise ship fleet

Swiss technology company ABB and the US-based Norwegian Cruise Line Holdings (NCLH) have signed a long-term partnership agreement to accelerate the decarbonization and digitalization of the Norwegian Cruise Line (NCL) fleet.

about 2 years ago
Wilhelmshaven hydrogen initiative welcomes first North American partner
Outlook & Strategy

Wilhelmshaven hydrogen initiative welcomes first North American partner

Canadian renewable energy company World Energy GH2 has joined Port of Wilhelmshaven’s ENERGY HUB, an initiative that aims to position Wilhelmshaven as the ‘Hydrogen Valley of Germany’, as the first North American member. On 26 January, World Energy GH2 announced it had officially become a member of

about 2 years ago
ONE
Outlook & Strategy

ONE wins AiP for ammonia dual-fueled vessel, accelerating progress towards net zero

Singapore-based Ocean Network Express (ONE) has been awarded Approval in Principle (AiP) from classification society DNV for an ammonia dual-fueled vessel, marking another milestone for the shipping company on its journey towards net zero by 2050.

about 2 years ago