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Outlook & Strategy

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HH2E and LEAG to boost hydrogen economy in Germany
Outlook & Strategy

HH2E and LEAG to boost hydrogen economy in Germany

Energy companies HH2E and LEAG have signed a Memorandum of Understanding (MoU) in which they confirmed their intention to work together to set up a regional and national green hydrogen economy in Germany. According to HH2E, this should happen in connection with planned projects of both companies in

about 3 years ago
Woodside and partners to work on Sunrise fields studies, LNG included
Outlook & Strategy

Woodside and partners to work on Sunrise fields studies, LNG included

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The Sunrise Joint Venture (SJV), comprising operator Woodside Energy (33.44%), TIMOR GAP (56.56%), and Osaka Gas Australia (10.00%), have committed to undertake a concept select program for the development of the Greater Sunrise fields. Woodside said the SJV will consider all of the key issues for d

about 3 years ago
Smart green Shipping
Outlook & Strategy

Smart Green Shipping nets more funding as it readies for demonstration of its FastRig wingsail

Smart Green Shipping, a systems design and engineering company based in Dumfries, has secured £ 1.35 million investment for its development of retrofit sails and technology for sustainable commercial ships. MOL Drybulk Ltd (MOLDB), a 100% owned subsidiary of Mitsui O.S.K. Lines, and Scottish Enterpr

about 3 years ago
Denmark grants its first permits for full-scale CO2 storage
Outlook & Strategy

Denmark grants its first permits for full-scale CO2 storage

The Danish Ministry of Climate, Energy and Supply has granted the country’s first-ever permits for full-scale CO2 storage in the North Sea. In the first round of tenders for storing CO2 in the Danish North Sea, three permits have been awarded, two to TotalEnergies EP Danmark, and one to a consortium

about 3 years ago
TotalEnergies appoints human rights expert to assess humanitarian situation for Mozambique LNG restart
Outlook & Strategy

TotalEnergies appoints human rights expert to assess humanitarian situation for Mozambique LNG restart

Chairman and CEO of TotalEnergies, Patrick Pouyanné, has visited the Cabo Delgado province of Mozambique, where the Mozambique LNG project is located, to review the security and humanitarian situation. On 2 February, TotalEnergies informed that Pouyanné visited the Afungi industrial site, the resett

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

Volatility in oil & gas prices on the cards for 2023 after roller-coaster ride in 2022, says Westwood

Westwood dives into upstream oil and gas trends in 2022, predicting that 2023 will also be marked by oil and gas price volatility.

about 3 years ago
Central Morecambe platform; Source: Spirit Energy
Outlook & Strategy

In Focus: Dealing with the energy trilemma

A new week, new steps in the transformation of the offshore energy sector. In this process the industry is dealing with the energy trilemma: to provide energy that is secure, affordable and lower in carbon.

about 3 years ago
Euronav
Outlook & Strategy

Euronav CEO: We don’t want to make a bet on a specific future fuel

Being a front-runner, especially in the shipping industry, comes with a lot of risks. Being the first to enter a market or introduce a new product or service can give you a significant advantage over others, and even set the tone in the market. However, there is a great risk of failure bringing with

about 3 years ago
Petrojarl Knarr FPSO; Source: Altera Infrastructure
Outlook & Strategy

Drydocks World and Aker Solutions to revamp FPSO destined for UK’s giant oil & gas field

Drydocks World Dubai and Aker Solutions will work together on upgrading an FPSO for one of the largest undeveloped oil fields in the UK.

about 3 years ago
Illustration/Floating solar power plant (Courtesy of Iberdrola)
Outlook & Strategy

Iberdrola to develop 25MWp floating solar project in France

Spanish renewable energy group Iberdrola has been awarded its first floating solar power project in France, to be developed at Alsace region located in northeastern part of the country.

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

Jack-up rig deal opens offshore energy sector doors to Swedish player

Sweden’s Echandia has received an initial order for battery systems to curb emissions and boost energy efficiency on a jack-up drilling rig.

about 3 years ago
shipping
Outlook & Strategy

Greenabl Shippers Association: Logistics industry launches green supply chain coalition

The logistics industry is taking a major step towards sustainability with the launch of Greenabl Shippers Association, the first not-for-profit cooperative procurement group committed to decarbonizing the transportation sector. Managed by Bluspark, the association brings together expertise in ocean

about 3 years ago
Render of GKinetic’s three-unit deployment at Thomond Weir (Courtesy of GKinetic)
Outlook & Strategy

GKinetic secures planning permission for hydrokinetic turbine array in Ireland

Limerick City and County Council has granted planning permission to local clean energy developer GKinetic to deploy three of its hydrokinetic turbines just upstream of Thomond Weir in the heart of Limerick City in Ireland.

about 3 years ago
NYK Line receives 1st LNG-powered car carrier from China Merchants
Outlook & Strategy

NYK Line receives 1st LNG-powered car carrier from China Merchants

China Merchants Jinling Shipyard (Nanjing) Co. has delivered the first of four LNG-fuelled pure car truck carriers (PCTC) to Japanese shipping major NYK Line. The 7,000-CEU car carrier Jasmine Leader was ordered back in 2021, and it is expected to be assigned for transportation of vehicles between E

about 3 years ago