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Outlook & Strategy

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Clean FuelHydrogenOffshore WindWind FarmsBusiness Developments & ProjectsCollaborationEnergy Efficiency & InnovationGreen MarinePropulsionTechnologyTransitionVesselsMarket OutlooksVisionElectricOther FuelsBusiness & FinanceExploration & ProductionProject & TendersFossil EnergyOil & GasSubseaSurveys & InterventionsAmmoniaInfrastructurePorts & LogisticsAuthorities & GovernmentCarbon Capture Usage & StorageEnvironmentRegulation & PolicyRules & Regulation
OX2 Orkla
Outlook & Strategy

OX2 establishes green hydrogen partnership with Finnish company

Sweden-based OX2 has entered into a partnership with the Norwegian consumer goods company Orkla to supply green hydrogen to the company’s Haraldsby factory in Åland. The aim of the cooperation is to assess and plan the supply of hydrogen from 2025. The hydrogen for Orkla’s factory in Saltvik, Åland

about 3 years ago
Anemoi
Outlook & Strategy

Anemoi wins AiP from Liberian Registry

The Liberian Registry has awarded an Approval in Principle (AIP) to British company Anemoi Marine Technologies for their Rotor Sail systems. Anemoi’s rotor sails are available with three deployment options – fixed to the deck, a folding type, and on rails that can be moved along or across the deck.

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about 3 years ago
Electrolyser and green hydrogen markets to grow, says IDTechEx
Outlook & Strategy

Electrolyser and green hydrogen markets to grow, says IDTechEx

Technology company IDTechEx has forecasted that the water electrolyser market will grow to over $120 billion by 2033. In its ‘Green Hydrogen Production: Electrolyser Markets 2023-2033’ report, IDTechEx noted that the plans from the European Union (EU), from the RePowerEU strategy, and the USA, from

about 3 years ago
Future Proof Shipping selects AYK Energy batteries for 2nd containership conversion
Outlook & Strategy

Future Proof Shipping selects AYK Energy batteries for 2nd containership conversion

Holland Shipyards Group (HSG) has selected marine battery manufacturer AYK Energy to supply lithium batteries for the retrofit of FPS Waal, the inland container vessel owned by Dutch shipping company Future Proof Shipping (FPS). The FPS Waal is the second inland containership in FPS’ fleet that will

about 3 years ago
Masdar and Verbund ally on hydrogen production
Outlook & Strategy

Masdar and Verbund ally on hydrogen production

Abu Dhabi-based clean energy company Masdar and Austria’s energy utility company Verbund have signed a Memorandum of Understanding (MoU) to explore the production of green hydrogen for the Central Europe market. As per the agreement, the two companies will cooperate on developing pathways to produce

about 3 years ago
TechnipFMC's DSV begins well tie-in ops in North Sea
Outlook & Strategy

TechnipFMC’s DSV begins well tie-in ops in North Sea

TechnipFMC’s diving support vessel (DSV) Deep Discoverer has mobilized to the Triton area in the North Sea and begun operations to tie in a Tailwind Energy well, according to UK-based oil and gas company Serica Energy. The Gannet GE-04 well was drilled late in 2022 and completed in January, with fir

about 3 years ago
Vincent Clerc, CEO of Maersk
Outlook & Strategy

Maersk reports extraordinary 2022 results, assigns up to $11bn CAPEX for integration and decarbonization

Container shipping heavyweight A.P. Moller – Maersk has reported exceptional financial results for the year 2022. Despite the abnormal market conditions caused by the COVID-19 pandemic, the company managed to deliver solid performance across all its businesses, resulting in the best financial result

about 3 years ago
BP
Outlook & Strategy

‘Performing while transforming’ pays off for BP as it joins other oil majors in profit bonanza

After BP more than doubled its annual profit in 2022 on the back of high oil and gas prices, the oil major is now caught in environmentalists’ crosshairs.

about 3 years ago
Uniper to negotiate green ammonia offtake from India’s Kakinada
Outlook & Strategy

Uniper to negotiate green ammonia offtake from India’s Kakinada

German-based energy company Uniper and Greenko ZeroC Private Limited, a subsidiary of India’s Greenko Group, have signed a Memorandum of Understanding (MoU) and Heads of Terms for Uniper to enter into exclusive negotiations for the offtake of green ammonia from Phase 1 of Greenko ZeroC’s ammonia pro

about 3 years ago
Beihai Shipbuilding
Outlook & Strategy

Frontline says emergency arbitrator dimissed all Euronav’s claims

Norwegian tanker shipping heavyweight Frontline announced that the Emergency Arbitration claims filed by its Belgian counterpart Euronav have been fully dismissed by the Emergency Arbitrator. “The decision was issued today, and in addition to fully dismissing the claims, orders Euronav to pay to Fro

about 3 years ago
Aker Solutions confirms contract for Norwegian Sea electrification project
Outlook & Strategy

Aker Solutions confirms contract for Norwegian Sea electrification project

Aker Solutions has signed a contract with OKEA for the Draugen electrification project in the Norwegian Sea, following a Letter of Intent (LoI) from December 2022. Aker Solutions has been appointed as the main contractor for engineering, procurement, construction, and installation (EPCI) and the sco

about 3 years ago
Vopak and Port of Antwerp-Bruges set sights on new green energy hub at former Gunvor site
Outlook & Strategy

Vopak and Port of Antwerp-Bruges set sights on new green energy hub at former Gunvor site

Dutch tank storage company Vopak has decided to acquire the shares of Gunvor Petroleum Antwerp from commodity trader Gunvor Group, and gain access to the Gunvor concession in the Antwerp port area, with an aim to sustainably redevelop the site to support renewable energy. The site’s size is some 105

about 3 years ago
Monjasa
Outlook & Strategy

Monjasa teams up with HØST PtX Esbjerg on green ammonia

Danish marine fuel supplier Monjasa and HØST PtX Esbjerg have signed a Commercial Collaboration Agreement (CCA) on logistics services and offtake of green ammonia for the maritime sector. Under the terms of the deal, Monjasa will provide logistics services that will enable the distribution of green

about 3 years ago
TotalEnergies
Outlook & Strategy

With two new offshore licenses, TotalEnergies to explore carbon storage potential in North Sea

French-headquartered energy giant TotalEnergies has been awarded two offshore licenses to explore CO2 storage potential in the Danish North Sea.

about 3 years ago