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Outlook & Strategy

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Aramco completes acquisition of 50% stake in Air Products Qudra’s hydrogen business
Outlook & Strategy

Aramco completes acquisition of 50% stake in Air Products Qudra’s hydrogen business

Aramco has completed the acquisition of a 50% equity interest in Blue Hydrogen Industrial Gases Company (BHIG), a subsidiary of Air Products Qudra (APQ).

about 1 year ago
ammonia
Outlook & Strategy

Japanese consortium considering investment in green ammonia project in India

Six Japanese companies will investigate investment options in a green ammonia production currently under development in India and work towards Japan’s first import of green ammonia.

about 1 year ago
TechnipFMC wins big for third phase of Norway’s third-largest oil field
Outlook & Strategy

TechnipFMC wins big for third phase of Norway’s third-largest oil field

TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract with Norwegian state-owned energy giant Equinor for the third phase of what is said to be the third largest oil field on the Norwegian Continental Shelf (NCS). As part of the contract defin

about 1 year ago
Bingo 42
Outlook & Strategy

Japanese shipbuilders jointly develop methanol DF bulker Bingo 42

Japanese shipbuilders Onomichi Dockyard and Tsuneishi Shipbuilding have jointly developed the Bingo 42, a 42,200 dwt methanol dual fuel bulk carrier, aiming to tackle numerous issues surrounding the vessel design process and increase market share with the joint brand name.

about 1 year ago
UK subsea robotics pioneer buys first ROV to combine with its all-electric uncrewed system
Outlook & Strategy

UK subsea robotics pioneer buys first ROV to combine with its all-electric uncrewed submersible

UK remote robotics company HonuWorx has acquired its first remotely operated vehicle (ROV), manufactured by Rovtech Solutions, which will be a key component of a subsea robotics deployment platform that aims to remove the need for surface vessels. By removing the need for surface ships, the Loggerhe

about 1 year ago
Singapore’s first maritime digital twin launched
Outlook & Strategy

Singapore’s first maritime digital twin launched

The Maritime and Port Authority of Singapore (MPA), in partnership with the Government Technology Agency of Singapore (GovTech), has developed Singapore’s first Maritime Digital Twin.

about 1 year ago
BAR Technologies
Outlook & Strategy

BAR Technologies: Future fuel mix needs to include wind

UK-based wind propulsion provider BAR Technologies has called for a broader, more inclusive debate on the future of shipping fuels, highlighting that wind is an indispensable component of these discussions.

about 1 year ago
Odfjell Technology to help grow digital pipe tech through investment in Norwegian company
Outlook & Strategy

Digital pipe technology in spotlight of Odfjell Technology’s investment in Norwegian firm

The UK’s Odfjell Technology, a spin-off of Odfjell Drilling, has purchased a 10% stake in a Norwegian well construction and well intervention solutions provider, supporting the firm’s digital pipe technology. Odfjell Technology made a strategic equity investment in Reelwell, purchasing a 10% stake i

about 1 year ago
Source: Nauticus Robotics
Outlook & Strategy

Earlier than anticipated: Nauticus Robotics closes purchase of subsea robotic services provider

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has closed the acquisition of compatriot subsea robotic services provider SeaTrepid International, earlier than anticipated. Nauticus Robotics reported at the beginning of this month that it had signed a definit

about 1 year ago
The Severn Estuary Commission has confirmed that tidal range energy in the Severn Estuary is a viable option for renewable power generation.
Outlook & Strategy

Severn Estuary tidal range energy feasible, Commission says

The Severn Estuary Commission has confirmed that tidal range energy in the Severn Estuary is a viable option for renewable power generation. However, due to stakeholder concerns, commercial barriers, and legislative challenges, the Commission has ruled out the development of a large barrage at this

about 1 year ago
Nel to provide 2.5 MW PEM electrolyzer for hydrogen project in Scotland
Outlook & Strategy

Nel to provide 2.5 MW PEM electrolyzer for hydrogen project in Scotland

Nel Hydrogen US, a subsidiary of Norwegian company Nel, has received a purchase order for one 2.5 MW containerized proton exchange membrane (PEM) electrolyzer for the Aberdeen Hydrogen Hub project in the north-east of Scotland.

about 1 year ago
e-fuels
Outlook & Strategy

Financial headwinds may hinder e-fuels production in developing countries, making equitable transition unattainable

Poor access to funding and higher costs of capital in developing countries could almost double the prices of e-fuels they produce, compared to developed economies—even when renewable energy resources such as onshore wind and solar are superior, according to a new study.

about 1 year ago
new report
Outlook & Strategy

Methanol Institute welcomes Axpo as newest member

Trade association Methanol Institute (MI) has welcomed Axpo Group, a Switzerland-based renewable energy producer, as its newest member.

about 1 year ago
MTI’s maritime autonomy framework gets stamp of approval
Outlook & Strategy

MTI’s maritime autonomy framework gets stamp of approval

ABS and Monohakobi Technology Institute (MTI), an R&D arm of NYK, have completed their collaboration on the development of fully autonomous vessels, with approval in principle (AiP) awarded for the maritime autonomy framework.

about 1 year ago
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