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Outlook & Strategy

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Buru Energy: Study shows FLNG solution is feasible option for large-scale gas discovery in Canning Basin
Outlook & Strategy

Buru Energy: Study shows FLNG solution is feasible option for large-scale gas discovery in Canning Basin

Australian oil and gas E&P company Buru Energy, together with compatriot Transborders Energy, has completed a pre-feasibility study for a floating LNG (FLNG) plant solution for its large-scale Rafael conventional gas and condensate discovery in the Canning Basin. Buru Energy commissioned Transborder

about 3 years ago
Rystad Energy forecasts offshore oil production will increase demand for shuttle tankers
Outlook & Strategy

CEO and CFO of KNOT Offshore Partners stepping down

Shuttle tanker owner and operator KNOT Offshore Partners LP announced that Gary Chapman, KNOP’s CEO, and CFO, has given notice that he intends to resign from his roles at the partnership in order to pursue an opportunity outside of the shuttle tanker sector. The company added that Chapman will remai

about 3 years ago
Søren Meyer, CEO, ZeroNorth
Outlook & Strategy

ZeroNorth partners up with Global Maritime Forum and Mærsk Mc-Kinney Møller Center

Technology company ZeroNorth is partnering with the Global Maritime Forum and is a Mission Ambassador for Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. In its new role as a Global Maritime Forum partner, ZeroNorth will work as an active member of the organisation’s Short-Term Actions Taskf

about 3 years ago
Port of Long Beach
Outlook & Strategy

Resolution passed urging maritime importers to call at San Pedro Port Complex on zero-carbon ships

The Long Beach City Council has passed a Ship It Zero Resolution, which calls on top maritime importers to adopt emissions-reducing technologies and make port calls to the San Pedro Port Complex on zero-carbon ships by 2030. This resolution brings together the city councils governing the U.S. larges

about 3 years ago
Eni and SPP sign gas and LNG cooperation agreement
Outlook & Strategy

Eni and SPP sign gas and LNG cooperation agreement

Italy’s Eni and Slovakia’s SPP have signed a memorandum of understanding (MoU) on commercial cooperation in the gas and LNG sector, aimed at identifying initiatives to contribute to Slovakia’s ability to diversify gas supplies. Under the agreement, the two companies are expected to evaluate initiati

about 3 years ago
Brazilian oil & gas player hits daily production record
Outlook & Strategy

Brazilian oil & gas player hits daily production record shortly after well restart

Brazilian oil and gas player Enauta has reached its new daily production record after it restarted production from a well that was temporarily shut down. Enauta temporarily halted the production from the 7-ATL-2HP-RJS well on the Atlanta field in March, days after completing the preventive maintenan

about 3 years ago
Lomar
Outlook & Strategy

Lomar to pilot Seabound’s carbon capture technology on vessels

lomarlabs, a new subsidiary of UK-based shipowner Lomar Shipping, part of LIbra Group, has partnered with climate tech start-up Seabound, in a bid to reduce emissions and catalyse cost-effective methods to capture CO2 onboard vessels. Seabound has developed a patent-pending compact carbon capture de

about 3 years ago
Illustration (Courtesy of Solential Energy)
Outlook & Strategy

Solential Energy shakes hands with Indiana utility for floating solar plant

US-based renewable energy developer Solential Energy has announced partnership with Fort Wayne City Utilities for the development of first floating solar array in the American Midwest.

about 3 years ago
Shell and Deltic Energy schedule North Sea drilling ops for next summer
Outlook & Strategy

Shell and Deltic Energy schedule North Sea drilling ops for next summer

Deltic Energy is looking to drill a similar-scale North Sea prospect to the Pensacola next year, the London-based oil and gas exploration company revealed in its latest financial results. In the report issued on 20 April, Deltic Energy revealed it was planning to drill the Selene prospect in the sum

about 3 years ago
Transgaz and E.ON join forces for Romania’s energy security
Outlook & Strategy

Transgaz and E.ON join forces for Romania’s energy security

Romanian companies Transgaz and E.ON have signed a memorandum of understanding (MoU) planning to cooperate in order to consolidate Romania’s energy security by aligning and correlating the development strategies regarding the natural gas infrastructure with the European Green Deal provisions and oth

about 3 years ago
Seeing LNG as ‘pragmatic solution’ for energy transition, Mitsui & Co. buys majority stake in US gas asset
Outlook & Strategy

Seeing LNG as ‘pragmatic solution’ for energy transition, Mitsui & Co. buys majority stake in US gas asset

Japanese trading company Mitsui & Co., through its US-based subsidiary, has acquired an unconventional gas asset in Texas in line with its belief that natural gas and LNG will play an important role as a “pragmatic solution” for the energy transition. On 20 April, Mitsui said it completed the acquis

about 3 years ago
Illustration/WITT model (Courtesy of WITT Energy)
Outlook & Strategy

WITT Energy partners up with RS Group to advance marine energy device

UK-based renewable energy technology company WITT Energy has teamed up with RS Group to help bring its energy harvesting device to market for use in remote and marine applications.

about 3 years ago
C-Innovation opens new facility for subsea projects
Outlook & Strategy

C-Innovation opens new facility for subsea projects

C-Innovation (C-I), an affiliate of Edison Chouest Offshore (ECO), has expanded into a new facility in Port Fourchon, Louisiana, providing an additional dock facility for subsea inspection, maintenance and repair (IMR) and riserless light well intervention (RLWI) services. According to the company,

about 3 years ago
Hutchison Ports BEST
Outlook & Strategy

BEST terminal cuts carbon footprint by 57% y-o-y

The Hutchison Ports BEST terminal in the Port of Barcelona has achieved an emission reduction of 57% in 2022 against 2021, the terminal operator said. The terminal operator added that it has eliminated scope 2 emissions by opting for electricity from 100% renewable energy. Guillermo Belcastro, CEO o

about 3 years ago
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