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Outlook & Strategy

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MSC Chiyo
Outlook & Strategy

MSC dominates the industry with record-breaking 124-ship orderbook

Swiss-based container shipping giant MSC has the largest orderbook by far in the industry with 124 containerships on order. Namely, MSC has 14 megamax ships and 22 neo-panamax ships on order scheduled for delivery in 2023, according to Alphaliner. The orders are spread between Chinese and South Kore

about 3 years ago
Guyana & Bakken getting lion’s share of Hess’ budget boost once again
Outlook & Strategy

Guyana & Bakken getting lion’s share of Hess’ budget boost once again

Hess Corporation has unveiled its Exploration & Production capital and exploratory budget for 2023, which will amount to $3.7 billion.

about 3 years ago
French cable maker taking steps to improve eco-balance of power cables
Outlook & Strategy

French cable maker taking steps to improve eco-balance of power cables

France-headquartered cabling firm Nexans has developed a material for improved eco-balance of power cables in partnership with aluminium producer Trimet. In a joint development project, the two companies have developed a material with recycled aluminium content for the production of aluminium rod us

about 3 years ago
Allseas picked to play ‘key role’ in North Sea gas development
Outlook & Strategy

Allseas picked to play ‘key role’ in North Sea gas development

Allseas has been hired by ONE-Dyas to provide its offshore engineering expertise for a gas field development in the Dutch North Sea.

about 3 years ago
Scandinavian Biogas partners with farmers to produce bio-LNG for maritime sector
Outlook & Strategy

Scandinavian Biogas partners with farmers to produce bio-LNG for maritime sector

Swedish biogas producer Scandinavian Biogas, in collaboration with local farmers, is building a large-scale biogas plant in Mönsterås in Kalmar County. The facility, with an estimated production capacity of 120 GWh, will produce liquefied biogas (bio-LNG) with manure as feedstock. The production is

about 3 years ago
WATCH: New documentary shines a light on workers behind UK’s changing offshore energy industry
Outlook & Strategy

WATCH: New documentary shines a light on workers behind winds of change in UK’s offshore energy industry

OEUK has launched a documentary, highlighting the workers, which are spearheading the UK’s energy transition to net-zero.

about 3 years ago
Illustration/Tidal turbine developed by Scottish company Nova Innovation (Courtesy of Nova Innovation)
Outlook & Strategy

New study lists benefits of wave and tidal for Great Britain’s power system

Supergen ORE Hub and the University of Edinburgh’s Policy and Innovation Group have released a study that quantifies the potential power system benefits that the Great Britain stands to gain through wave energy and tidal stream deployments.

about 3 years ago
Illustration/One of the earlier model of TidalKite device (Courtesy of SeaQurrent)
Outlook & Strategy

TidalKite breezes through preliminary trials ahead of deployment offshore Netherlands

Dutch company SeaQurrent has conducted first tests on its TidalKite tidal energy device as it prepares for upcoming deployment offshore the Netherlands.

about 3 years ago
Germany joins France, Portugal and Spain on H2Med project
Outlook & Strategy

Germany joins France, Portugal and Spain on H2Med project

Germany will join the H2Med, a subsea hydrogen pipeline project being jointly developed by France, Spain and Portugal. The extension of the H2Med pipeline to Germany was revealed in the Franco-German declaration on the occasion of marking the 60th anniversary of the Elysee Treaty on 22 January. Fran

about 3 years ago
inland hydrogen vessel
Outlook & Strategy

Hull of the world’s 1st inland hydrogen vessel heads for outfitting in the Netherlands

The hull of the first-ever inland hydrogen vessel is on its way from Shanghai, ready for outfitting in the Netherlands. The vessel, named ‘Antonie’, is being built by Dutch shipyard Concordia Damen for compatriot inland shipping company Lenten Scheepvaart. Antonie has been loaded onto the Sun Shine

about 3 years ago
European energy woes spur ‘all-time high’ demand for Norwegian gas
Outlook & Strategy

European energy woes spur ‘all-time high’ demand for Norwegian gas

Europe’s imbalanced energy market combined with other factors has generated an “all-time high demand for Norwegian natural gas.”

about 3 years ago
Equinor and PGS extend cooperation for another two years
Outlook & Strategy

Equinor and PGS extend cooperation for another two years

Norwegian state-owned energy giant Equinor has exercised an option to extend the multi-year 4D framework agreement with PGS, established in March 2021, by two additional years. The framework agreement covers 4D monitoring surveys on the Norwegian and the UK continental shelf. As a part of the agreem

about 3 years ago
UAE to get its first large-scale methanol production plant
Outlook & Strategy

UAE to get its first large-scale methanol production plant

Abu Dhabi Chemicals Derivatives Company (TA’ZIZ) has teamed up with global methanol producer Proman AG to develop the United Arab Emirates’ (UAE) first world-scale methanol production facility. The parties have signed a shareholders agreement to develop the facility with an anticipated annual capaci

about 3 years ago
New vessel joins Türkiye’s fleet as Black Sea project nears first gas
Outlook & Strategy

New vessel joins Türkiye’s fleet as Black Sea project nears first gas

Türkiye’s new vessel will soon be going on its first mission in the Black Sea, working on giant project in preparation for the first gas.

about 3 years ago
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