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Outlook & Strategy

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VoltH2 bags ‘substantial’ SDE++ operating subsidy for green hydrogen production
Outlook & Strategy

VoltH2 bags ‘substantial’ SDE++ operating subsidy for green hydrogen production

The Netherlands Enterprise Agency (RVO) and the Dutch Ministry of Economic Affairs and Climate Policy (EZK) have awarded VoltH2 a substantial operating subsidy for the Stimulation of Sustainable Energy Production and Climate Transition (SDE++) to support the production of green hydrogen. SDE++ is th

about 3 years ago
Hunter Group
Outlook & Strategy

Hunter Group, DNV to develop CCS shipping solutions

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Oslo-listed Hunter Group ASA and DNV classification society have entered into a joint cooperation agreement for the development of a low-pressure mid-stream shipping solution for Carbon Capture and Storage. The parties have agreed to work together to develop a 40-70K cbm liquified CO2 carrier with 2

about 3 years ago
Prysmian to use €120 million loan for innovation and digitalization
Outlook & Strategy

Prysmian to use €120 million loan for innovation and digitalization

Italy’s cabling giant Prysmian has secured a €120 million loan from Italian investment bank Cassa Depositi e Prestiti (CDP) which will be invested in R&D for network upgrading purposes. The loan will be used to support R&D plans focused on the implementation of innovative technologies and contribute

about 3 years ago
Vesta hands out FEED deal for first green ammonia hub in North-West Europe
Outlook & Strategy

Vesta hands out FEED deal for first green ammonia hub in North-West Europe

Dutch bulk liquid storage company Vesta Terminals has awarded a scoping & feasibility study and a subsequent front-end engineering design (FEED) contract to compatriot ammonia engineering firm Proton Ventures for repurposing of two 30,000 m3 ammonia tanks in Vlissingen. The contract is a part of Ves

about 3 years ago
HAROPA PORT and SOGEPP ramping up biofuel distribution along the Seine Axis
Outlook & Strategy

HAROPA PORT and SOGEPP ramping up biofuel distribution along the Seine Axis

Petroleum products management company SOGEPP (Société de Gestion de Produits Pétroliers) has collaborated with HAROPA PORT, France’s leading port, to boost river traffic to and from its facilities in Gennevilliers. SOGEPP operates a storage depot for liquid energy products on six hectares in Gennevi

about 3 years ago
Five companies in line for carbon storage acreage in Norway's water
Outlook & Strategy

Five companies in line for carbon storage acreage in Norway’s waters

The Norwegian Ministry of Petroleum and Energy has received applications from five companies seeking permits related to the injection and storage of CO2 on the Norwegian continental shelf (NCS). The area is located in the North Sea and was announced on 11 January in accordance with the storage regul

about 3 years ago
ammonia-powered
Outlook & Strategy

Maersk Mc-Kinney Moller Center: Emission risks won’t be a showstopper for ammonia-based fuels

The toxicity of ammonia as potential zero-emission fuel of the future for the shipping industry might be solvable after all despite all the hype over its likely impact on the safety of seafarers. There have been a lot of discussions about the dangers of potential releases of ammonia on board during

about 3 years ago
Mocean Energy’s Blue X deployment to Copinsay (Courtesy of Mocean Energy/Photo by Colin Keldie - EMEC)
Outlook & Strategy

Wave power for subsea equipment demo starts off Orkney

An ambitious collaborative project to power subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, has taken to the seas in the north of Scotland.

about 3 years ago
LNG-powered
Outlook & Strategy

9 e-methane-ready dual-fuel boxships joined CMA CGM’s fleet in 2022

French container shipping major CMA CGM welcomed nine e-methane-ready dual-fuel container ships into the fleet in 2022. The ships pertain to CMA CGM’s $10.2 billion investment in a fleet of 77 LNG-powered and “e-methane ready” vessels of which 32 are already in operation. The company also has six bi

about 3 years ago
K Line and Anglo American initiate collaborative decarbonisation research
Outlook & Strategy

K Line and Anglo American initiate collaborative decarbonisation research

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has teamed up with UK-based mining company Anglo American to start collaborative research on decarbonisation. To this end, the companies have signed a memorandum of understanding (MoU) regarding the establishment of a working committee for col

about 3 years ago
N-KOM and Kongsberg enter services partnership, LNG/LPG included
Outlook & Strategy

N-KOM and Kongsberg enter services partnership, LNG/LPG included

Nakilat-Keppel Offshore & Marine (N-KOM), founded from a joint venture between Qatar Gas Transport Company (Nakilat) and KS Investment, a wholly owned subsidiary of Keppel Offshore & Marine, and Norwegian tech company Kongsberg have signed a Memorandum of Understanding (MoU) to collaborate in mariti

about 3 years ago
HAV Hydrogen’s containerized H2 system for ships gets DNV’s blessing
Outlook & Strategy

HAV Hydrogen’s containerized H2 system for ships gets DNV’s blessing

Norwegian supplier of hydrogen-based energy systems for vessels HAV Hydrogen, a subsidiary of HAV Group, has received Approval in Principle (AiP) from DNV for its deck-based containerized hydrogen (H2) system for ships. The approval, awarded six months after the company announced its plans to launch

about 3 years ago
ADNOC and Eni ally on clean energy and sustainability
Outlook & Strategy

ADNOC and Eni ally on clean energy and sustainability

The UAE’s Abu Dhabi National Oil Company (ADNOC) and Italy’s Eni have signed a Memorandum of Understanding (MoU) which outlines a framework of cooperation for future joint projects on energy transition, sustainability, and decarbonisation. Through this agreement, Eni and ADNOC said they will explore

about 3 years ago
Illustration; Source: Worley
Outlook & Strategy

In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

12 minutes read