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Outlook & Strategy

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ammonia-powered
Outlook & Strategy

Maersk Mc-Kinney Moller Center: Emission risks won’t be a showstopper for ammonia-based fuels

The toxicity of ammonia as potential zero-emission fuel of the future for the shipping industry might be solvable after all despite all the hype over its likely impact on the safety of seafarers. There have been a lot of discussions about the dangers of potential releases of ammonia on board during

about 3 years ago
Mocean Energy’s Blue X deployment to Copinsay (Courtesy of Mocean Energy/Photo by Colin Keldie - EMEC)
Outlook & Strategy

Wave power for subsea equipment demo starts off Orkney

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An ambitious collaborative project to power subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, has taken to the seas in the north of Scotland.

about 3 years ago
LNG-powered
Outlook & Strategy

9 e-methane-ready dual-fuel boxships joined CMA CGM’s fleet in 2022

French container shipping major CMA CGM welcomed nine e-methane-ready dual-fuel container ships into the fleet in 2022. The ships pertain to CMA CGM’s $10.2 billion investment in a fleet of 77 LNG-powered and “e-methane ready” vessels of which 32 are already in operation. The company also has six bi

about 3 years ago
Seismic survey begins over Namibian offshore license
Outlook & Strategy

Seismic survey begins over Pancontinental’s license off Namibian coast

Norway’s seismic company PGS has commenced a 3D seismic survey over a license offshore Namibia on behalf of Pancontinental Orange, a wholly owned subsidiary of Pancontinental Energy NL. PGS is carrying out the 3D survey over a planned area of approximately 6,800 square kilometers in block PEL 87 usi

about 3 years ago
K Line and Anglo American initiate collaborative decarbonisation research
Outlook & Strategy

K Line and Anglo American initiate collaborative decarbonisation research

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has teamed up with UK-based mining company Anglo American to start collaborative research on decarbonisation. To this end, the companies have signed a memorandum of understanding (MoU) regarding the establishment of a working committee for col

about 3 years ago
N-KOM and Kongsberg enter services partnership, LNG/LPG included
Outlook & Strategy

N-KOM and Kongsberg enter services partnership, LNG/LPG included

Nakilat-Keppel Offshore & Marine (N-KOM), founded from a joint venture between Qatar Gas Transport Company (Nakilat) and KS Investment, a wholly owned subsidiary of Keppel Offshore & Marine, and Norwegian tech company Kongsberg have signed a Memorandum of Understanding (MoU) to collaborate in mariti

about 3 years ago
HAV Hydrogen’s containerized H2 system for ships gets DNV’s blessing
Outlook & Strategy

HAV Hydrogen’s containerized H2 system for ships gets DNV’s blessing

Norwegian supplier of hydrogen-based energy systems for vessels HAV Hydrogen, a subsidiary of HAV Group, has received Approval in Principle (AiP) from DNV for its deck-based containerized hydrogen (H2) system for ships. The approval, awarded six months after the company announced its plans to launch

about 3 years ago
ADNOC and Eni ally on clean energy and sustainability
Outlook & Strategy

ADNOC and Eni ally on clean energy and sustainability

The UAE’s Abu Dhabi National Oil Company (ADNOC) and Italy’s Eni have signed a Memorandum of Understanding (MoU) which outlines a framework of cooperation for future joint projects on energy transition, sustainability, and decarbonisation. Through this agreement, Eni and ADNOC said they will explore

about 3 years ago
Illustration; Source: Worley
Outlook & Strategy

In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

12 minutes read
Everfuel and Greenstat enter lease agreement with Elkem for Hydrogen Hub Agder
Outlook & Strategy

Everfuel and Greenstat enter lease agreement with Elkem for Hydrogen Hub Agder

Via a project company Everfuel Greenstat Production 1 AS, Danish hydrogen fuel company Everfuel and Norwegian energy company Greenstat have signed an agreement with Norwegian producer Elkem for the long-term lease of land in the Fiskaa industrial area in Kristiansand, Norway, for the construction of

about 3 years ago
Subsea link to Orkney steps closer to reality
Outlook & Strategy

Subsea link to Orkney steps closer to reality

UK energy market regulator Ofgem has provisionally approved SSEN Transmission’s plans to develop a subsea electricity transmission link to Orkney. SSEN Transmission submitted investment plans to Ofgem in March 2018 to build a new subsea transmission link to provide the additional capacity needed to

about 3 years ago
Brad Buckham from PRIMED showcasing a similar type of buoy-based wave data collection platform that will be deployed in the waters off Yuquot (Photo courtesy of UVic Photo)
Outlook & Strategy

Canadian wave energy project gets over $700K funding boost

University of Victoria’s Pacific Regional Institute for Marine Energy Discovery (PRIMED) has secured C$1 million ($730,000) grant to progress a renewable energy microgrid project incorporating a wave energy device on Nootka Island in British Columbia.

about 3 years ago
Spain-France subsea interconnector to be developed in spite of 'sharp' rise in prices
Outlook & Strategy

Spain-France subsea interconnector to be developed in spite of ‘sharp’ rise in prices

The Spanish regulatory authority the Comisión Nacional de los Mercados y la Competencia (CNMC) and the French counterpart the Commission de régulation de l’énergie (CRE) have reached an agreement on the distribution of financing for the electricity interconnector that will link France and Spain taki

about 3 years ago
Kristine Bangstad Fredriksen, Ocean Oasis co-founder and CEO (Courtesy of Ocean Oasis)
Outlook & Strategy

Ocean Oasis raises capital to advance wave energy driven-desalination tech

Norwegian company Ocean Oasis has secured funding from the existing and new investors that will be used to further develop its wave energy-driven desalination technology.

about 3 years ago