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Outlook & Strategy

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Subsea 7's offer to acquire DOF's entire issued share capital about to expire
Outlook & Strategy

Subsea 7’s offer to acquire DOF’s entire issued share capital about to expire

Subsea 7’s offer to acquire the entire issued share capital of Norway’s DOF Group is expiring at the end of today, 19 June, after the rejection from DOF’s board. Subsea 7 made a proposal on 15 June to the Board of Directors of DOF to acquire the entire issued share capital of the group, offering [&h

about 3 years ago
Wave power for subsea equipment demo grabs oil & gas industry’s attention
Outlook & Strategy

Wave power for subsea equipment demo grabs oil & gas industry’s attention

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European and Asian energy companies have paid a visit to a demonstration project for powering subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, in Orkney. The €2.3 million (£2 million) project, called Renewables for S

about 3 years ago
Credit; IISD/ENB/Kiara Worth
Outlook & Strategy

Headway made in Bonn but all hopes rest on COP28’s shoulders to tackle emission reduction challenges

The Bonn Climate Change Conference helped lay the groundwork for the political decisions required at COP28 in Dubai at the end of the year.

about 3 years ago
BAR Technologies
Outlook & Strategy

BAR Technologies wins DNV’s type approval

UK tech provider BAR Technologies (BARTech) has been awarded a full Type Approval Design Certificate (TADC) for its wind propulsion technology – BAR Technologies WindWings by Yara Marine Technologies (WindWings) – from classification society DNV. Since being awarded an Approval In Principle (AIP) fo

about 3 years ago
PowerCell, e1 Marine and Maritime Partners test first methanol-to-fuel cell power chain
Outlook & Strategy

PowerCell, e1 Marine and Maritime Partners test first methanol-to-fuel cell power chain

Hydrogen fuel cell supplier PowerCell Group and methanol-to-hydrogen technology firm e1 Marine, in partnership with RIX Industries, have conducted a string test of their respective technologies for a 200kW propulsion chain as part of the validation of Maritime Partners LLC’s M/V Hydrogen One inland

about 3 years ago
Bell Bay Powerfuels Project in Tasmania moves forward
Outlook & Strategy

Bell Bay Powerfuels Project in Tasmania moves forward

Hydro Tasmania and Bell Bay Powerfuels have signed a term sheet for the sale of the decommissioned Bell Bay Power Station following an Expression of Interest process launched by Hydro Tasmania in December 2022. Australian company ABEL Energy said the selection of the site now accelerates the develop

about 3 years ago
WoodMac: Gas resource holders in LNG vs. ammonia dilemma
Outlook & Strategy

WoodMac: Gas resource holders in LNG vs. ammonia dilemma

According to the “Stick or twist: Should gas resource holders target LNG exports or blue ammonia?” report by energy intelligence group Wood Mackenzie (WoodMac), the acceleration of the energy transition means gas resource holders increasingly face a choice to either follow the established pathway an

about 3 years ago
In focus: Transitioning to low-carbon energy future through green hydrogen corridors
Outlook & Strategy

In focus: Transitioning to low-carbon energy future through green hydrogen corridors

This time last year, the world, especially Europe, was busy as popcorn on a skillet trying to secure energy supplies and balance net-zero targets with the global energy crisis hot on its heels. This prompted governments, policymakers and industry players to transform strategies and ramp up investmen

about 3 years ago
Maersk
Outlook & Strategy

Maersk’s 1st methanol-powered feeder gears up for sea trials as keel is laid for 1st larger ship from the series

The world’s first feeder vessel powered by green methanol is nearing construction completion and is getting ready to embark on its sea trials later this month. The 172-meter-long feeder was launched on April 4 at South Korea’s Hyundai Mipo Dockyard and it is being built for Denmark-based industry ma

about 3 years ago
Antonio Guterres, UN Secretary-General; Credit: Kiara Worth/UNFCCC
Outlook & Strategy

UN chief’s recipe to avert climate disaster: Beefing up renewables while cutting off investment in coal, oil & gas

The UN Secretary-General is adamant that countries need to progressively phase out fossil fuels and massively boost investment in renewables.

about 3 years ago
EU and Chile launch new cooperation actions on renewable hydrogen
Outlook & Strategy

EU and Chile launch new cooperation actions on renewable hydrogen

The European Union (EU) and the Government of Chile have launched two new cooperation actions on renewable hydrogen to contribute to the implementation of the “Team Europe Initiative for the Development of Renewable Hydrogen in Chile”. The initiative is a joint effort of the EU and its Member States

about 3 years ago
KNCC LCO2 carrier with LCO2-EP containment system
Outlook & Strategy

KNCC sets course for Pilot’s Cliff Head CCS project

Knutsen NYK Carbon Carriers AS (KNCC) has signed a Memorandum of Understanding (MoU) with Pilot Energy Limited, an Australian oil and gas company that is pursuing to leverage its existing infrastructure to develop clean energy projects, to collaborate on an integrated solution for marine transportat

about 3 years ago
Talos Energy
Outlook & Strategy

Ex-Shell manager becomes new Talos CFO

Houston-based oil and gas player Talos Energy has named a new Chief Financial Officer (CFO), after it current one decided to step down from the role.

about 3 years ago
Vito platform in the U.S. Gulf of Mexico; Credit: Shell
Outlook & Strategy

Oil & gas with LNG as centrepiece getting a $40 billion slice of Shell’s investment pie

Shell has unveiled plans to spend around $40 billion in its Integrated Gas and Upstream businesses, as it believes that oil and gas will remain important players on the energy stage.

about 3 years ago