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Outlook & Strategy

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Oil & gas firms’ profits set to smash records reaching $834 billion in 2022, Rystad says
Outlook & Strategy

Oil & gas firms’ profits set to smash records reaching $834 billion in 2022, Rystad says

Rystad Energy expects public E&P companies to break prior records as profits are set to reach a 70 per cent increase in 2022.

about 4 years ago
Yara
Outlook & Strategy

Yara mulls IPO of clean ammonia business

Norwegian chemical company Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the Oslo Stock Exchange.

about 4 years ago
The Arrol Gibb Innovation Campus (AGIC) (Courtesy of the University of Edinburgh)
Outlook & Strategy

New energy innovation campus in UK set to transform large-scale manufacturing

The Arrol Gibb Innovation Campus (AGIC) has been launched in Scotland with the aim to transform large-scale manufacturing for energy transition-related sectors.

about 4 years ago
Italian-cabling-giant-launches-share-incentive-plan-for-over-25000-employees
Outlook & Strategy

Italian cabling giant launches share-incentive plan for over 25,000 employees

Prysmian Group has launched an innovative share-based variable remuneration and profit-sharing plan in company shares, aimed potentially at more than 25,000 employees between blue and white-collar workers in over 35 countries. Approved by a majority at the Shareholders’ Meeting, the plan will run ov

about 4 years ago
Poseidon Principles
Outlook & Strategy

Poseidon Principles for Marine Insurance enter into force as new signatories join

The UK’s insurance company Navium Marine and its US-based counterpart AXA XL have joined the Poseidon Principles for Marine Insurance as the eighth and ninth signatories, allowing the principles to enter into force.

about 4 years ago
InfinityWEC with the novel high-strength concrete buoy connected to the PTO system (Courtesy of Ocean Harvesting Technologies)
Outlook & Strategy

Ocean Harvesting develops high-strength concrete hull for wave energy device

Swedish company Ocean Harvesting Technologies is developing a novel concrete hull for the InfinityWEC wave energy converter, using high-strength concrete with low environmental footprint.

about 4 years ago
Global Centre for Maritime Decarbonisation welcomes three new partners
Outlook & Strategy

Global Centre for Maritime Decarbonisation welcomes three new partners

Global Centre for Maritime Decarbonisation (GCMD), an organisation committed to reducing greenhouse gas (GHG) emissions in the maritime sector, has been joined by three new partners.

about 4 years ago
DB Schenker
Outlook & Strategy

DB Schenker to operate zero-emission autonomous coastal container feeder in Norway

Germany-based logistics provider DB Schenker has revealed plans to operate a zero-emission coastal container feeder vessel between Ikornnes quay and the Port of Ålesund in Norway.

about 4 years ago
HAV Group gets go-ahead for hydrogen-based energy system for ships
Outlook & Strategy

HAV Group gets go-ahead for hydrogen-based energy system for ships

Norwegian HAV Group ASA has received preliminary approval for the hydrogen-based energy system for ships developed in the FreeCO2ast project, making a step towards the commercial use of hydrogen fuel by a commercial vessel.

about 4 years ago
Stolt Tankers
Outlook & Strategy

Stolt Tankers, Rotterdam Port, Vopak to explore shore power use for chemical tankers

Norwegian tanker operator Stolt Tankers, part of Stolt-Nielsen, has signed a memorandum of understanding (MOU) with the Dutch Port of Rotterdam Authority and Vopak terminal Botlek to conduct a six-month feasibility study for the use of shore-based power for chemical tankers calling at the terminal.

about 4 years ago
Sunlit Sea’s floating solar plant in the Port of Oslo (Courtesy of the Port of Oslo)
Outlook & Strategy

Sunlit Sea launches temporary floating solar plant at the Port of Oslo

Norwegian company Sunlit Sea has deployed a temporary offshore floating solar power plant in Oslo to test the concept for city-integrated floating solar power.

about 4 years ago
New deal with Equinor to enable Aker BP to take the operator helm of all discoveries in NOAKA area
Outlook & Strategy

Aker BP becoming operator of all NOAKA discoveries to ensure efficient execution

Equinor and Aker BP have inked a deal for the transfer of operatorship, allowing the latter to take the operator helm in the NOAKA area.

about 4 years ago
Germany
Outlook & Strategy

Germany charters four floating LNG terminals, cutting dependence on Russia

Germany’s government has entered into charter agreements to secure four floating liquefied natural gas (LNG) terminals, representing one of the first big steps to cut the country’s dependence on Russian gas.

about 4 years ago
Titan LNG becomes member of SEA-LNG coalition
Outlook & Strategy

Titan LNG becomes member of SEA-LNG coalition

Titan LNG has joined SEA-LNG, the multi-sector industry coalition that wants to demonstrate LNG’s benefits as a viable marine fuel.

about 4 years ago
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