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Outlook & Strategy

South Korea’s YPP to invest up to $3.1B in green hydrogen production in Kazakhstan

YPP and Kazakh Invest have signed a framework agreement on cooperation for the implementation of a green hydrogen production project in Kazakhstan.

about 1 year ago

Outlook & Strategy

Subsea cable protection tech installed at tidal energy site off Orkney

UK-based subsea technology company Vesipro has supplied 1,366 meters of its Blue Ocean Protectors (BOP0130, 120 millimeter bore) to support the installation of a 33 kV subsea power cable at a high-current tidal energy site in Orkney, Scotland. According to the UK-based company, the site is known for

about 1 year ago

Outlook & Strategy

UK’s fourth subsea electricity superhighway to sport Siemens Energy converter stations

Siemens Energy has been appointed as the preferred bidder for the delivery of two high-voltage direct current (HVDC) converter stations for the fourth out of five subsea electricity superhighways between Scotland and England. This news for the Eastern Green Link 4 (EGL4) project comes as National Gr

about 1 year ago

1999-built Solstad vessel nets contract with Petrobras

Outlook & Strategy

Solstad vessel built in 1999 nets contract with Petrobras

Norwegian shipping company Solstad Offshore has secured a contract with Brazilian oil & gas player Petrobras for a construction support vessel (CSV) built in 1999. The CSV Normand Pioneer will be on a bareboat contract from the vessel owner Solstad Maritime ASA (SOMA) to Solstad Offshore, which is t

about 1 year ago

Outlook & Strategy

Hydrogen-fueled RTG begins operation in Yokohama Port zero-emission trial

Mitsui E&S has replaced the conventional diesel engine generator set installed on a near-zero-emission RTG with a hydrogen fuel cell power pack, as part of an on-site zero-emission cargo handling equipment trial.

about 1 year ago

Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier

Outlook & Strategy

MMA Offshore no longer, rebrands to Cyan Renewables

Australian offshore vessel player MMA Offshore has officially rebranded to Cyan Renewables, following the acquisition by the Singapore-headquartered company last summer. To remind, Cyan Renewables, a portfolio company of Seraya Partners, closed the agreement to acquire MMA Offshore in July 2024 for

about 1 year ago

Illustration; Source: The International Renewable Energy Agency (IRENA)

Outlook & Strategy

IRENA: Growth in renewables highlights regional imbalance

Despite renewable energy capacity growing by over 15% in 2024, the gap in deployment between regions continues to widen, according to the International Renewable Energy Agency (IRENA).

about 1 year ago

Outlook & Strategy

Sumitomo’s UK-produced subsea cables to link Kent and Suffolk

The UK National Grid has selected Sumitomo Electric Industries as the preferred bidder to supply and install 138 kilometers of subsea cable for Sea Link, a new high-voltage direct current (HVDC) electricity connection between Kent and Suffolk. Sumitomo Electric will perform the work out of its manuf

about 1 year ago

Outlook & Strategy

MPA, Firmus Technologies to examine if seawater cooling systems support sustainable AI infrastructure

The Maritime and Port Authority of Singapore (MPA) and Firmus Technologies, a Singapore-based technology company specializing in energy-efficient, AI-optimized infrastructure, have signed a memorandum of understanding (MoU) to collaborate on the study of sustainable, modular AI factories utilizing s

about 1 year ago

Outlook & Strategy

Seatrium secures $400 million sustainability-linked credit facility

Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB).

about 1 year ago

Outlook & Strategy

First for Petrobras as it puts Strohm’s thermoplastic composite pipe to test

Dutch thermoplastic composite pipe (TCP) producer Strohm has completed the first field trials with Brazilian oil & gas giant Petrobras for its TCP design, performed at water depths of approximately 1,500 meters offshore Brazil. According to Strohm, the testing and engineering assessments were conduc

about 1 year ago

Outlook & Strategy

TEAMER expands technical support with subsea firm

Texas-based 3U TECHNOLOGIES has been added to the U.S. Testing Expertise and Access for Marine Energy Research (TEAMER) facility network. According to TEAMER, the company name refers to “Underground Underwater Under-Ice,” reflecting its capability to support a wide range of subsea numerical modellin

about 1 year ago

Outlook & Strategy

Interview on America’s tax overhaul: Investment ‘catalyst’ across energy spheres but deadlines spell potential trouble for wind & solar

The latest action the United States (U.S.) has taken to unlock its energy dominance, encapsulated in a new tax reconciliation bill, which President Donald J. Trump signed into law, has set the stage for an uptick in domestic energy to drive down costs by inciting new investments across all energy do

about 1 year ago

Outlook & Strategy

Op-ed: New solution addresses historic inefficiencies in maritime operations

Shipping is struggling to implement its decarbonization transition, with sustainable fuels being much more expensive and much less available than their fossil counterparts.

about 1 year ago