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Outlook & Strategy

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European countries eye stronger energy security with Black Sea interconnector
Outlook & Strategy

European countries eye stronger energy security with Black Sea interconnector

A feasibility study has been initiated for a new electricity subsea interconnector project that will link the South Caucasus region to the synchronous grid of Continental Europe, with the purpose of strengthening energy security in Europe.

about 4 years ago
Höegh LNG cleared for merger with Höegh LNG Partners
Outlook & Strategy

Höegh LNG cleared for merger with Höegh LNG Partners

Höegh LNG Holdings Ltd, an owner and operator of floating LNG terminals, floating storage and regasification units (FSRUs) and LNG carriers, has received green light for the proposed merger with Höegh LNG Partners. On 20 September, the common unitholders of Höegh LNG Partners voted and approved the

about 4 years ago
A photo of the Deutsche Bucht Offshore Wind Farm in Germany
Outlook & Strategy

Nova Scotia’s green hydrogen plans lead to first offshore wind leasing in Canada

The Canadian Province of Nova Scotia will auction off 5 GW of offshore wind energy by 2030, starting in 2025, with an ultimate aim to support green hydrogen production. This is the first concrete move toward planned offshore wind development in the country which has seen significant activity in the

about 4 years ago
NY: National Grid introduces large-scale fossil-free energy hub model
Outlook & Strategy

NY: National Grid introduces large-scale fossil-free energy hub model

National Grid, an electricity, natural gas, and clean energy delivery company, has introduced its Northeast Clean Energy Vision, a model to develop and deliver a large-scale, clean and fossil-free energy hub across the entirety of Long Island in New York State. The company unveiled its clean energy

about 4 years ago
Boaty McBoatface investigating end-of-life North Sea oil fields to back net-zero path
Outlook & Strategy

Boaty McBoatface investigating end-of-life North Sea oil fields to back net-zero path

The UK’s National Oceanography Centre (NOC) has kicked off research on end-of-life oil fields in the North Sea using the robot submarine Boaty McBoatface with the aim of helping monitor and protect the marine environment and support industry transition towards net-zero targets. The Autosub Long-Rang

about 4 years ago
UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator
Outlook & Strategy

UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator

The NSTA says that the UK oil & gas industry is making progress on emission reduction targets but more will be required to reach 2030 goals.

about 4 years ago
New Dutch donation to bridge funding gap, allowing UN to embark on salvage ops for ‘ticking timebomb’ in Red Sea
Outlook & Strategy

New Dutch donation to bridge funding gap for UN’s salvage ops in Red Sea

With additional funds from the Netherlands, the UN may be able to start the salvage operation to prevent a major oil spill in the Red Sea.

about 4 years ago
German government takes control of Uniper to secure energy supply
Outlook & Strategy

German government takes control of Uniper to secure energy supply

The German government has signed an agreement in principle with energy companies Fortum and Uniper for a long-term solution that will allow the German State to take full control of Uniper and secure energy supply in the country. The parties have agreed on an amendment to the package of measures anno

about 4 years ago
Rio Tinto
Outlook & Strategy

Rio Tinto joins First Movers Coalition to support low-carbon transition

Anglo-Australian mining group Rio Tinto has decided to join the First Movers Coalition, a global initiative to help commercialise zero-carbon technologies by harnessing purchasing power and supply chains.

about 4 years ago
Rotterdam Port view
Outlook & Strategy

Top 3 issues on maritime leaders’ agenda

Decarbonization of shipping and new environmental regulations in the next decade combined with geopolitical issues and workforce and skill shortages have emerged as the top three issues dominating maritime leaders’ agendas. These are the findings of the fifth annual Global Maritime Issues Monitor jo

about 4 years ago
Amogy and Trafigura to study use of ammonia as a carrier to transport clean hydrogen
Outlook & Strategy

Amogy and Trafigura to study use of ammonia as a carrier to transport clean hydrogen

US-based ammonia power solutions company Amogy has entered into an agreement with Swiss commodity trader Trafigura to study the use of ammonia as a carrier to transport clean hydrogen from point of production to point of consumption. The finding of this joint research will help support industry-wide

about 4 years ago
Aramco CEO calls for ramp up of oil & gas investments and ‘more credible’ transition plan to tackle energy security challenges
Outlook & Strategy

Aramco CEO calls for investments in oil & gas and ‘more credible’ energy transition plan

Ramp-up of oil & gas investments and a new energy transition plan are required for a secure and sustainable energy future, says Aramco’s CEO.

about 4 years ago
Minesto's Dragon Class tidal power plant (Courtesy of Minesto)
Outlook & Strategy

Minesto to showcase benefits of predictable ocean energy at COP27

Marine energy company Minesto has partnered up with Swedish business delegation to present the benefits of ocean energy at the upcoming United Nations Climate Change Conference (COP27) taking place in Egypt in November.

about 4 years ago
Aker BP picks compatriot firm for oil spill monitoring system
Outlook & Strategy

Aker BP picks compatriot firm for oil spill monitoring system

Norway’s oil and gas company Aker BP has selected compatriot technology supplier Vissim to develop an expanded digital platform for future oil spill monitoring and detection system on the Norwegian continental shelf. Vissim will develop a software solution that integrates input from a number of diff

about 4 years ago
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