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Outlook & Strategy - Offshore Energy

Outlook & Strategy

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Outlook & Strategy

Aker Solutions commits to Science Based Targets initiative

Aker Solutions has committed to the Science Based Targets initiative (SBTi), aligning its ambitions to halve greenhouse gas (GHG) emissions from its own operations by 2030 and achieve net zero by 2050. By developing targets using climate science and the SBTi’s methodologies, Aker Solution said it wi

about 4 years ago

Outlook & Strategy

New CEO takes over the rains at Repsol Sinopec

Repsol Sinopec Resources UK has appointed a new Chief Executive Officer (CEO) as its previous one is relocating to Spain.

about 4 years ago

Outlook & Strategy

WinGD, HSD Engine team up on methanol-fueled two-stroke ship engines

Swiss marine power company WinGD and Korean engine builder HSD Engine have initiated a joint development project (JDP) to advance the development of WinGD’s methanol-fueled big-bore engines.

about 4 years ago

Global Alliance for Industry Decarbonization launched by IRENA and industry partners (Courtesy of IRENA)

Outlook & Strategy

IRENA joins forces with industry leaders to unlock green industrialization opportunities

The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the global Alliance for Industry Decarbonization.

about 4 years ago

Outlook & Strategy

Energinet and Gasunie to cooperate on hydrogen infrastructure

Danish energy company Energinet and Dutch gas infrastructure firm Gasunie have signed a memorandum of understanding (MoU) to accelerate the preparations for cross-border hydrogen infrastructure between Denmark and Germany.

about 4 years ago

Outlook & Strategy

Seadrill to sell seven jack-up rigs for $628 million

Seadrill has entered into a binding share purchase agreement with ADES to sell the legal entities that own and operate seven jack-ups in Saudi Arabia.

about 4 years ago

Triton-C being prepared for WETS deployment (Courtesy of Oscilla Power)

Outlook & Strategy

Wave energy to ensure clear communication in the island of Hawaii

US-based wave energy developer Oscilla Power has partnered up with the State of Hawaii and the University of Hawaii to test a new wave energy-powered emergency communication system.

about 4 years ago

Outlook & Strategy

TGS buys ION’s multi-client and processing business

TGS has completed the transaction to acquire the multi-client and processing business of ION Geophysical Corporation, referred to as the E&P Technology and Services (EPTS) business. The acquisition includes all of ION’s global offshore multi-client data library, data processing and imaging capabilit

about 4 years ago

Oil & gas players to explore potential of large-scale, multi-user CCS hub in Australia

Outlook & Strategy

Oil & gas players to look into establishing large-scale, multi-user CCS hub in Australia

Woodside, BP, MIMI, Shell, and Chevron will join forces to evaluate the potential for a large-scale, multi-user CCS hub off Australia.

about 4 years ago

Outlook & Strategy

Port of Singapore eyes full maritime 5G coverage by 2025

The Maritime and Port Authority of Singapore (MPA) is ramping up its efforts to enhance digital connectivity in the port.

about 4 years ago

mWave wave energy device under construction (Courtesy of Bombora Wave Power)

Outlook & Strategy

Bombora Wave Power scouts for marine ops services for mWave demonstrator

Bombora Wave Power is looking to appoint a contractor who would provide marine operations services for its mWave wave energy demonstration project.

about 4 years ago

UK regulator gives Centrica the go-ahead for gas storage project

Outlook & Strategy

UK regulator grants Centrica the go-ahead for gas storage project

Centrica has received the green light from the UK’s North Sea Transition Authority for a gas storage project in the Southern North Sea.

about 4 years ago

Outlook & Strategy

Viking Line opts for Elomatic’s solution to reduce energy consumption

Finland-based shipping company Viking Line has decided to install a resistance-reducing solution on its Viking Grace ship in order to improve its energy efficiency. Viking Line has ordered the Elogrid solution from compatriot engineering and consulting company Elomatic for Viking Grace, which is the

about 4 years ago

Outlook & Strategy

New Proman Stena Bulk tankers complete South Korea’s 1st methanol bunkering

Shipping joint venture Proman Stena Bulk said that its two fully operational methanol-fuelled tankers have become the first vessels to bunker methanol in Ulsan, South Korea.

about 4 years ago