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Outlook & Strategy

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The potential look of the floating solar pilot plant (Courtesy of Moss Maritime)
Outlook & Strategy

Equinor to test floating solar pilot in rough waters of Norway

Norwegian energy major Equinor, in collaboration with Saipem company Moss Maritime, plans to build and test a pilot floating solar plant off Frøya in Norway in the late summer of 2021.

about 5 years ago
tanker
Outlook & Strategy

Norway’s Odfjell places shipping’s 1st sustainability-linked bond

As the first in the international shipping industry, Norway’s Odfjell SE has successfully issued a sustainability-linked bond.

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about 5 years ago
Illustartion; Source: NPD
Outlook & Strategy

Norway: 2020 was still strong for oil and gas despite pandemic

Despite the ongoing coronavirus pandemic, activity on the Norwegian continental shelf last year remained at a high level with high production and significant investments in developments and projects on the fields.

about 5 years ago
UECC
Outlook & Strategy

UECC CEO: We need to work at making smart decarbonization choices

As the urgency for the shipping industry to transition toward greener operations heightens, there is no room for complacency and waiting for a perfect solution, according to the CEO of United European Car Carriers (UECC), Glenn Edvardsen. “A lot has happened with sustainability in a little time, but

about 5 years ago
Illustration; Source: McKinsey
Outlook & Strategy

Pandemic, electrification bring hydrocarbon demand peak forward to 2027

New research has shown that aggregate fossil fuel demand would peak in 2027 with oil peaking in 2029 and gas in 2037, partially due to the impacts of COVID-19.

about 5 years ago
Photo of QED Naval's Subhub platform (Couretesy of QED Naval)
Outlook & Strategy

QED Naval crowdfunding goes live

Edinburgh-based marine energy specialist QED Naval has launched the crowdfunding campaign on the Seedrs platform.

about 5 years ago
Boxship
Outlook & Strategy

IAPH, Green Award team up to improve Environmental Ship Index

The International Association of Ports and Harbors (IAPH) has signed a contract with the Green Award Foundation to administer and expand the formula-based index which rewards vessels for improved energy efficiency and reduced emissions.

about 5 years ago
shipping
Outlook & Strategy

Chairman of V.Ships: Regulation needs to be fit for purpose

Decarbonization in the shipping sector is inevitable. However, charting the way forward for the sector seems to be a very complex and demanding task as the industry stakeholders look at how regulations and market-based mechanisms can help the sector transition into a greener future. Regulation will

about 5 years ago
Illustration; Source: Eni
Outlook & Strategy

Third of oil and gas workers saw wages drop in 2020

According to a worldwide survey, almost one-third of workers in the oil and gas industry faced pay cuts in 2020 due to the coronavirus crisis and drop in fuel demand and prices.

about 5 years ago
(L to R) Michael Fallon; Chris Phillips; Brian Aird (Courtesy of Nova Innovation)
Outlook & Strategy

Nova Innovation strengthens directorate ranks

Scottish tidal energy company Nova Innovation has welcomed ‘a new tide of talent’ with three new appointments made to its board of directors.

about 5 years ago
DNV GL
Outlook & Strategy

DNV GL removes GL from its name as it braces for change

Norway-based classification society DNV GL has unveiled a decision to change its name to DNV on 1 March 2021.

about 5 years ago
MSC Gulsun
Outlook & Strategy

MSC joins the Hydrogen Council to help accelerate shipping’s decarbonization

Mediterranean Shipping Company (MSC) has joined the Hydrogen Council, as a steering member to foster cross-sector collaboration that will accelerate research and development related to clean hydrogen derived fuels and solutions. The Hydrogen Council is a global CEO-led initiative that brings togethe

about 5 years ago
Gas year 2020 review by Rystad Energy
Outlook & Strategy

Rystad Energy: 2020 gas production exceeded demand

Rystad Energy, an independent energy research and business intelligence company, analyzed gas-related activity of 2020 and published a report that offers key figures and a long-term outlook on the future of the industry.

about 5 years ago
Valhall field
Outlook & Strategy

Rystad: Onshore producers have higher CO2 intensity, while offshore producers are scattered

Rystad Energy has conducted a comprehensive company-level analysis of the world’s upstream industry, identifying the top carbon-intensity performers.

about 5 years ago