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Outlook & Strategy

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Fossil EnergyOil & GasBusiness & FinanceBusiness Developments & ProjectsEnvironmentExploration & ProductionProject & TendersTransitionClean FuelHydrogenCollaborationMarine EnergyEquipmentInnovationMarket OutlooksRegulation & PolicyTechnologyVisionGreen MarineVesselsLNGAuthorities & GovernmentSubseaTidal & Wave EnergyCarbon Capture Usage & StorageInfrastructurePorts & LogisticsOffshore WindRules & RegulationAmmoniaStorageResearch & Development
Aker BP gearing up to sanction multiple oil & gas projects in December
Outlook & Strategy

Aker BP gearing up to sanction multiple oil & gas projects in December

Aker BP is preparing to make FIDs and submit plans for development and operations (PDOs) for several oil and gas projects by year-end.

about 4 years ago
Sembcorp forges ties with Japan on hydrogen and decarbonisation initiatives
Outlook & Strategy

Sembcorp forges ties with Japan on hydrogen and decarbonisation initiatives

Singapore-based energy solutions provider Sembcorp Industries has formed strategic partnerships with the Japanese government and various corporations to progress hydrogen and other decarbonisation initiatives. The collaborations were signed on 25 October on the sidelines of the Singapore Internation

about 4 years ago
ORPC’s RivGen at CHTTC project site in the Winnipeg River (Courtesy of ORPC Canada/Photo by Jim Castle)
Outlook & Strategy

ORPC launches its first hydrokinetic power system in Canada

ORPC Canada, a subsidiary of US-based company ORPC, has deployed its first RivGen hydrokinetic power system in Canada, which generates emission-free electricity from free-flowing rivers and tidal currents.

about 4 years ago
Odfjell
Outlook & Strategy

Odfjell: Shipping will have to compete heavily for alternative fuels

The discussion around the decarbonization of the shipping industry is moving into a new stage and the issue is no longer around whether to decarbonize, but rather how to decarbonize the sector as efficiently and sustainably as possible. The industry stakeholders know that they would need to transiti

about 4 years ago
Germany to deploy Excelerate’s FSRU from 2023
Outlook & Strategy

Germany to deploy Excelerate’s FSRU from 2023

The government of the Federal Republic of Germany has signed a five-year contract with the US-based liquefied natural gas (LNG) company Excelerate Energy to charter the floating storage and regasification unit (FSRU) Excelsior. The government chartered the FSRU to help provide energy security and su

about 4 years ago
Illustration/Sabella’s tidal turbine (Courtesy of Ocean Energy Europe)
Outlook & Strategy

Ocean Energy Europe applauds proposed EU target for ‘innovative’ renewable energy

An industry association representing European ocean energy sector, Ocean Energy Europe, has welcomed the new report which supports the European Parliament’s call for at least 5% of new renewable energy capacity to come from innovative renewable energy technologies.

about 4 years ago
Orbital Marine's O2 tidal energy turbine (Courtesy of Orbital Marine Power)
Outlook & Strategy

Orbital Marine invites geotechnical survey bids for tidal power projects

Scottish marine energy company Orbital Marine Power has launched a tender for the geophysical survey services at the site located offshore Orkney Islands.

about 4 years ago
Aker Carbon Capture’s modularized offshore facility wins DNV’s stamp of approval
Outlook & Strategy

Aker Carbon Capture’s modularized offshore facility wins DNV’s stamp of approval

DNV has qualified Aker Carbon Capture’s modularized offshore facility, which is expected to cut emissions from oil and gas production.

about 4 years ago
Bar LNG terminal will bring affordable and reliable supply to Balkan nations, LNG Alliance says
Outlook & Strategy

Bar LNG terminal will bring affordable and reliable supply to Balkan nations, LNG Alliance says

The upcoming liquefied natural gas (LNG) terminal in Bar, Montenegro, will serve Balkan countries, playing a crucial role as an LNG storage provider and distributor to provide energy security in the context of the current energy crisis, LNG Alliance said. Currently, there is no operating LNG termina

about 4 years ago
UK’s new PM urged to tackle ‘challenges of fuelling the future’
Outlook & Strategy

UK’s new PM urged to tackle ‘challenges of fuelling the future’

The UK’s new PM urged to strengthen energy security and scale up the transition to low-carbon and clean energy.

about 4 years ago
Shipbuilder lands four-vessel order for fast crew boats with Malaysian operator
Outlook & Strategy

Shipbuilder lands four-vessel order for fast crew boats with Malaysian operator

Strategic Marine has won a four-vessel order for 40 m offshore fast crew boats (FCBs) from Malaysia’s Surya Nautika.

about 4 years ago
Vopak Singapore wants to expand ammonia infrastructure for low-carbon power and bunker fuel
Outlook & Strategy

Vopak Singapore wants to expand ammonia infrastructure for low-carbon power and bunker fuel

Vopak Singapore, a joint venture between Royal Vopak and the Port of Singapore Authority Corporation, is looking into the expansion of its ammonia storage infrastructure for low-carbon power generation and bunker fuels at its Banyan terminal. With a storage capacity of close to 1.5 million cbm, Vopa

about 4 years ago
ICS proposes sustainability fund to IMO that would reward ships using alternative fuels
Outlook & Strategy

ICS proposes sustainability fund to IMO that would reward ships using alternative fuels

The International Chamber of Shipping (ICS) has submitted a refined proposal to shipping’s UN regulator seeking the establishment of a fund and reward system to accelerate the sector’s uptake of alternative fuels and its transition to a net zero future. The refined proposal combines elements from it

about 4 years ago
ACWA Power and IDC to explore $10 bln green hydrogen projects in South Africa
Outlook & Strategy

ACWA Power and IDC to explore $10 bln green hydrogen projects in South Africa

Saudi Arabia’s ACWA Power and the Industrial Development Corporation of South Africa (IDC) have signed an extensive memorandum of understanding (MoU) exploring a partnership in the development of green hydrogen and its derivatives in the Republic of South Africa. Under the MoU with the potential val

about 4 years ago
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