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Outlook & Strategy

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Damen
Outlook & Strategy

MEYER Group, DSC forge ties on sustainability projects

The MEYER Group, an international consortium specializing in cruise shipbuilding, and the Dutch Shiprepair company Damen Shiprepair & Conversion (DSC) have signed a joint cooperation agreement. Under the agreement, DSC will work with the recently established company MEYER RE, a subsidiary of the MEY

about 3 years ago
Norway's shipping investment company buys its first stake in dive support vessel
Outlook & Strategy

Norway’s shipping investment company buys first stake in dive support vessel

Norwegian shipping investment company ADS Maritime Holding has acquired a 10 per cent stake in a 2017-built dive support vessel (DSV) developed for light subsea construction work and advanced dive support work. With the acquisition, ADS Maritime will act as commercial manager for the DSV Southern St

about 3 years ago
Wärtsilä methanol engines offer a route to maritime decarbonisation. © Wärtsilä
Outlook & Strategy

Wärtsilä to enable Celebrity Cruises’ 5th Edge-Class Ship to run on methanol

Technology group Wärtsilä will supply the engines for Celebrity Cruises’ fifth Edge Series cruise vessel enabling the ship to run on methanol as fuel. Wärtsilä said that it would convert two Wärtsilä 46F engines to allow them to utilise methanol as fuel, marking the first-ever such conversion for th

about 3 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Outlook & Strategy

Transocean lands strategic collaboration deal with Equinor and secures more work for two rigs

Equinor has inked a strategic collaboration agreement with Transocean and added more work to the backlog of two semi-submersible rigs.

about 3 years ago
Illustration (Courtesy of Yuquot Microgrid Project)
Outlook & Strategy

Wave energy device sought for microgrid project in Western Canada

The developers of the Yuquot Microgrid Project have issued a Request for Information (RFI) to determine wave energy converter technologies that are capable of integrating with a microgrid system at Nootka Island in British Columbia.

about 3 years ago
New MoU signed for Greece-Africa interconnector
Outlook & Strategy

New MoU signed for Greece-Africa interconnector

Greece-based Asso.subsea has signed a Memorandum of Understanding (MoU) with Eunice Energy Group for cooperation on the 2 GW electrical interconnection between Greece and Egypt. The project is being developed by the transnational GAP Consortium, founded by Eunice Energy Group, and is aiming to contr

about 3 years ago
Stolt-Nielsen units explore potential of ammonia as alternative fuel
Outlook & Strategy

Stolt-Nielsen units explore potential of ammonia as alternative fuel

Stolt-Nielsen’s units Stolthaven Terminals and Stolt Tankers are exploring the potential of ammonia as a greener alternative to traditional petroleum-based marine fuels to support the ongoing transition to low and zero-carbon energies. In line with this, Stolthaven Terminals, a provider of storage s

about 3 years ago
The International Renewable Energy Agency (IRENA)
Outlook & Strategy

With energy transition off-track, IRENA calls for diverting $1 trillion of annual fossil fuel investment by 2030 to accelerate it

The International Renewable Energy Agency (IRENA) has outlined the investment needs of $35 trillion by 2030 as the price for the green shift.

about 3 years ago
Power cables now in place for electrification of Utsira High
Outlook & Strategy

Power cables now in place for electrification of Utsira High

NKT has completed the power cable systems connecting six offshore oil and gas platforms located at Utsira High to the onshore power supply. This is said to play a central role in reducing carbon emissions from the Norwegian continental shelf (NCS) with 1.2 million tonnes annually. NKT has provided t

about 3 years ago
TotalEnergies starts binding open season for Le Havre FSRU capacity
Outlook & Strategy

TotalEnergies starts binding open season for Le Havre FSRU capacity

TotalEnergies LNG Services France (TELSF), an affiliate of French energy major TotalEnergies, has launched a binding open season to market long-term capacity in its floating storage and regasification unit (FSRU) in Le Havre, France. As announced, the registration period for the open season starts o

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Outlook & Strategy

With over 140 carbon capture, utilisation, and storage hubs in development, 2022 pushes CCUS to new heights

IEA: More than 140 new CCUS projects were announced, ramping up planned storage capacity by 80 per cent, and capture capacity by 30 per cent.

about 3 years ago
ConocoPhillips zeroes in on becoming APLNG upstream operator
Outlook & Strategy

ConocoPhillips zeroes in on becoming APLNG upstream operator

US energy giant ConocoPhillips, through its Australian subsidiary, has revealed plans to become upstream operator of Australia Pacific LNG (APLNG) following the closing of EIG’s transaction with Origin Energy. ConocoPhillips announced its plans on 27 March stating it has agreed to purchase up to an

about 3 years ago
ADNOC, Currenta, and Germany’s North Rhine-Westphalia partner up for ammonia value chain
Outlook & Strategy

ADNOC, Currenta, and Germany’s North Rhine-Westphalia partner up for ammonia value chain

Abu Dhabi National Oil Company (ADNOC), a provider of lower-carbon intensity energy, has announced that it will explore opportunities to support the climate-neutral transformation of industry through the creation of a low-carbon ammonia value chain with state government and industry representatives

about 3 years ago
The Veredas Sol e Lares floating solar plant in Brazil (Courtesy of Creral)
Outlook & Strategy

Largest floating solar plant in Brazil comes online

A consortium consisting of Brazil’s regional energy cooperative Creral and local engineering company Mil Engenharia have put into operation a 1.2MWp floating solar plant, said to be the largest of its kind in the country.

about 3 years ago
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