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Outlook & Strategy

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Business Developments & ProjectsCollaborationExploration & ProductionResearch & DevelopmentTechnologyGreen MarineInfrastructureOperations & MaintenanceBusiness & FinanceProject & TendersVesselsMarket OutlooksAuthorities & GovernmentCarbon Capture Usage & StorageEnvironmentRegulation & PolicyTransition
Elcogen and AVL to develop SOEC stack modules for MW-scale hydrogen production plants
Outlook & Strategy

Elcogen and AVL to develop SOEC stack modules for MW-scale hydrogen production plants

Elcogen has partnered up with AVL to develop solid oxide electrolyzer cell (SOEC) stack modules for megawatt (MW)-scale hydrogen production plants.

about 2 years ago
K Line and Gram Car Carriers target emissions reduction through biofuel use
Outlook & Strategy

K Line and Gram Car Carriers target emissions reduction through biofuel use

In line with efforts to reduce emissions, K Line has decided to use biofuel on three vessels chartered from Gram Car Carriers (GCC).

about 2 years ago
EU project focused on environmental monitoring of ocean energy devices gets another extension
Outlook & Strategy

EU project focused on environmental monitoring of ocean energy devices gets another extension

The EU-backed SafeWAVE project, which has the aim of overcoming some of the non-technological barriers that could hinder the future development of ocean energy, has been extended until December 2024. The extension of the Streamlining the Assessment of Environmental Effects of Wave Energy (SafeWAVE)

about 2 years ago
Saipem to supervise natural gas pipeline between Libya and Italy
Outlook & Strategy

Saipem to supervise gas pipeline it laid between Libya and Italy in early 2000s

Italy’s Saipem has been appointed to supervise and provide subsea intervention services for the offshore and onshore sections of a natural gas pipeline connecting Libya and Italy through the Mediterranean Sea. Under the contract secured with GreenStream BV, a midstream player in the Mediterranean Se

about 2 years ago
France LNG Shipping signs another LNGC charter agreement with EDF
Outlook & Strategy

NYK acquires majority stake in ENEOS Ocean’s new business

NYK and ENEOS Ocean have agreed to NYK’s acquisition of 80% of the shares of a new company to be established by ENEOS Ocean.

about 2 years ago
ITOCHU, MPA, and partners to jointly study ammonia-fueled bulk carriers
Outlook & Strategy

ITOCHU, MPA, and partners to jointly study ammonia-fueled bulk carriers

ITOCHU, ClassNK, Nihon Shipyard, and MPA Singapore have signed an MoU for a joint study of ammonia-fueled bulk carriers.

about 2 years ago
CMA CGM partners with Google to ‘lead the digital revolution in shipping’
Outlook & Strategy

CMA CGM partners with Google to ‘lead the digital revolution in shipping’

French container and logistics company CMA CGM and American corporation Google have embarked on a strategic partnership to accelerate the integration of artificial intelligence (AI) across CMA CGM’s operations worldwide.

about 2 years ago
'Significant progress' on converter station sites for first France-Ireland interconnector
Outlook & Strategy

‘Significant progress’ on converter station sites for first France-Ireland interconnector

The construction works for Celtic Interconnector, the first interconnector between Ireland and France, are well underway, with converter station sites on both sides of the project achieving “significant progress”, Irish transmission system operator (TSO) EirGrid reported. On the Irish side in Ballya

about 2 years ago
Germany
Outlook & Strategy

Germany: Maritime suppliers see good results thanks to climate-neutral shipping projects

Maritime suppliers in Germany said they are satisfied with the 2023 financial year, with investments in climate-neutral shipping ensuring good capacity utilization.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Outlook & Strategy

UK set on leaving fossil fuels behind and turning into clean energy superpower

The UK is determined to accelerate its energy transformation, moving away from coal, oil, and gas to turbocharge its clean, green energy mission before the end of the decade.

about 2 years ago
Aramco to acquire 50% stake in Air Products Qudra’s hydrogen business
Outlook & Strategy

Aramco to acquire 50% stake in Air Products Qudra’s hydrogen business

Aramco has signed definitive agreements to acquire an equity interest in Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ).

about 2 years ago
FSRU Exquisite (for illustration purposes only); Source: Excelerate Energy
Outlook & Strategy

Rising LNG demand and energy security concerns pushing global FSRU market to grow by $891 million up to 2028

The global FSRU market size is forecast to increase in the 2024–2028 period, based on a report by U.S.-based market research firm Technavio.

about 2 years ago
Lhyfe and Elyse Energy to produce e-methanol from green hydrogen for maritime decarbonization
Outlook & Strategy

Lhyfe and Elyse Energy to produce e-methanol from green hydrogen for maritime decarbonization

Lhyfe partnered with Elyse Energy to assess production of e-methanol from green hydrogen, aiming to decarbonize maritime transport.

about 2 years ago
Norwegian seismic company TGS has signed a memorandum of understanding (MoU) with Brazilian state-owned energy giant Petrobras to collaborate on scientific research and technological development activ
Outlook & Strategy

Busy period for TGS as it inks software license deal with Shell and two new contracts

Following the merger with compatriot PGS, Norwegian seismic company TGS is looking at a busy period ahead with two new contracts, one in Europe and one in North America, for offshore data acquisition. TGS secured a 45-day ultra-high resolution 3D (UHR3D) acquisition contract in Europe for an offshor

about 2 years ago
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