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Outlook & Strategy

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Gulf of Mexico operators develop surface monitoring equipment program
Outlook & Strategy

Gulf of Mexico operators develop surface monitoring equipment program

HWCG, a consortium of deepwater operators in the Gulf of Mexico, and marine environmental consulting and survey company CSA Ocean Sciences have created a surface monitoring equipment program designed to assist offshore oil and gas operators with enhancing their environmental monitoring and preparedn

about 3 years ago
Lemso vessels
Outlook & Strategy

‘Industry’s first’ methanol-powered sustainable shipping fund unveiled

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ProMarine AG, an investment advisor for the financing of the maritime energy transition, has launched what has been described as the’ industry-first sustainable shipping fund’ with an initial portfolio of four methanol-fueled MR tankers led by methanol producer Proman and shipping company Stena Bulk

about 3 years ago
Vitol V-bunker
Outlook & Strategy

Vitol targets biofuel expansion in Singapore in 2024 with specialized bunker barges

From early next year, energy and commodities company Vitol plans to expand the supply of biofuels in Asia with the delivery of specialized bunker barges in Singapore. Namely, the company is sending its specialized bunker barges to Singapore, and through its wholly-owned subsidiaries V-Bunkers and Vi

about 3 years ago
Oman LNG extends partnership with international firms, including Shell, beyond 2024
Outlook & Strategy

Oman LNG extends partnership with international firms, including Shell, beyond 2024

Oman LNG has signed shareholder agreements with several international companies, including Shell, as part of its strategic roadmap to extend the existing agreements and continue business beyond 2024. At the ceremony held on October 23, the state-owned company signed Oman LNG and Qalhat LNG sharehold

about 3 years ago
JERA and Kyushu Electric join hands on decarbonization and energy supply
Outlook & Strategy

JERA and Kyushu Electric join hands on decarbonization and energy supply

Japan’s energy major JERA and compatriot Kyushu Electric Power have signed a memorandum of understanding (MoU) concerning comprehensive discussions on collaboration aimed at achieving decarbonization and a stable energy supply. According to JERA, the MoU strengthens and expands the two companies’ ex

about 3 years ago
Silverstream Technologies
Outlook & Strategy

Silverstream wins AIP from China Classification Society

UK-based maritime clean technology company Silverstream Technologies has signed an Agreement in Principle (AIP) with the China Classification Society (CCS). Silverstream said that this is the first agreement of this nature with a classification society. The Approval in Principle signifies that the C

about 3 years ago
Cameron McNatt, co-founder and managing director of Mocean Energy (Courtesy of Mocean Energy)
Outlook & Strategy

Interview: Winning back investor confidence in wave energy – Mocean Energy’s guide

In an interview with Offshore Energy, the co-founder and managing director of Mocean Energy, one of the leading wave energy companies in the world, Cameron McNatt talked about the development of innovative wave energy technology and projects, while successfully navigating through all the challenges

14 minutes read
Illustration (Courtesy of Offshore for Sure project)
Outlook & Strategy

Offshore for Sure to uphold innovative renewables’ place in the energy system

Fifteen partners from Flanders and the Netherlands have come together to pool their expertise and test five promising energy solutions and enhance their applicability in the energy system as part of the Offshore for Sure project.

about 3 years ago
Mitsui E&S constructs hydrogen gas supply facility for hydrogen-related products
Outlook & Strategy

Mitsui E&S constructs hydrogen gas supply facility for hydrogen-related products

Japanese multidiscipline engineering company Mitsui E&S has completed the construction of a hydrogen gas supply facility at the Tamano factory, aiming for the early launch of its hydrogen-related business. The company said it had constructed a facility capable of supplying a large volume of hydrogen

about 3 years ago
Chevron buying Hess Corporation for $53 billion
Outlook & Strategy

Chevron buying Hess Corporation for $53 billion

U.S. oil and gas major Chevron Corporation has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of the compatriot company in an all-stock transaction valued at $53 billion. Under the terms of the agreement, Hess shareholders will receive 1.0250 share

about 3 years ago
Hydrotug1
Outlook & Strategy

World’s 1st H2-powered tugboat en route to final commissioning preparations

Port of Antwerp-Bruges has informed that on Monday, October 23, 2023, the Hydrotug 1, the world’s first hydrogen-powered tugboat, will make the journey from Oostende to its homeport in Antwerp, Belgium, where the port and shipping and cleantech company CMB.TECH will further prepare the vessel for co

about 3 years ago
SLPA
Outlook & Strategy

Port of Colombo aims to become an eco-friendly port by 2030

The Sri Lanka Ports Authority (SLPA) aims to transform the Port of Colombo into an eco-friendly port by 2030, with a focus on renewable energy sources, aligning with the principles of a blue ocean economy. “In this context, we are actively exploring green energy solutions, including green methanol,

about 3 years ago
Sabella's D10 tidal energy turbine (Courtesy of Sabella)
Outlook & Strategy

Sabella goes into receivership

French tidal energy company Sabella has been placed in a receivership following several months of dealing with financial difficulties.

about 3 years ago
Value Maritime
Outlook & Strategy

JR Shipping marks 10th Filtree installation in carbon capture milestone

Dutch shipping company JR Shipping has reached a significant milestone by installing the 10th Filtree Carbon Capture system on its fleet. The installation was carried out on board the 750 TEU MV Enforcer vessel in cooperation with Spanish shipbuilder Astilleros de Santander S.A.U. The Dutch-flagged

about 3 years ago