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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsCollaborationEventsExploration & ProductionProject & TendersVesselsEnvironmentInfrastructureRegulation & PolicyVisionMarket OutlooksTransitionOperations & MaintenanceHuman CapitalGreen MarineTechnologyAuthorities & Government
Cai Mep LNG Terminal; Source: Nebula Energy
Outlook & Strategy

Singaporean firm to import its ‘first spot LNG cargo’ to China

Dubai-headquartered AG&P LNG has signed an agreement with Singapore’s BK LNG Solution (BKLS) to import the latter’s spot LNG cargo to China.

about 2 years ago
'World's largest FPSO unit' launches in China
Outlook & Strategy

Fore part of hull launches in China for ‘world’s largest FPSO unit’

Chinese state-owned engineering company ZPMC has launched the fore part of the hull for what it says is the world’s largest floating production storage and offloading (FPSO) unit, destined to work for Brazilian oil and gas company Petrobras. The fore part of the hull for the N1151 (P-82) FPSO exited

about 2 years ago
Community feedback brings change of Scottish subsea link's convertor station and substation site
Outlook & Strategy

Community feedback leads to change of Scottish subsea link’s substation site

Following community feedback that caused the previous proposal to be discounted, SSEN Transmission has identified an alternative site on Lewis for the proposed new HVDC convertor station and AC substation for the Western Isles HVDC link. The proposed new site, located on an area of land owned by the

about 2 years ago
Illustration; Source: The International Renewable Energy Agency (IRENA)
Outlook & Strategy

IRENA: Tripling renewables by 2030 requires higher annual growth rate

IRENA has released Renewable Energy Statistics 2024 which claims that despite renewables becoming the fastest-growing source of power, the world risks missing the tripling renewables target pledged at COP28.

about 2 years ago
Vallourec has secured a contract from TotalEnergies to supply almost 5,000 tons of oil country tubular goods (OCTG) solutions and associated services for the Kaminho deepwater project on Block 20, 100
Outlook & Strategy

Vallourec lands contract with TotalEnergies for Angolan deepwater project

Vallourec will supply TotalEnergies with its VAM connections and CLEANWELL, a dope-free, environmentally-friendly solution.

about 2 years ago
OEG Energy Group (OEG) has appointed Rolf de Vries as Subsea Director for its offshore wind division, OEG Renewables.
Outlook & Strategy

OEG Energy expands leadership team with new subsea director

OEG Energy Group (OEG) has appointed Rolf de Vries as Subsea Director for its offshore wind division, OEG Renewables.

about 2 years ago
Amogy and Yanmar looking to decarbonize marine power through ammonia-to-hydrogen integration
Outlook & Strategy

Amogy and Yanmar looking to decarbonize marine power through ammonia-to-hydrogen integration

Amogy and Yanmar have teamed up to explore ammonia-to-hydrogen integration as a solution for decarbonizing marine power generation.

about 2 years ago
Liquid Wind and Uniper forge alliance to boost development of eFuels
Outlook & Strategy

Liquid Wind and Uniper forge alliance to boost development of eFuels

Liquid Wind and Uniper signed a strategic partnership agreement to boost eFuel facilities’ development for fossil-free eMethanol production.

about 2 years ago
LNG carrier; Source: MET Group
Outlook & Strategy

Swiss company to source US LNG from Shell to European customers

Switzerland-headquartered energy company MET Group has signed a long-term agreement with energy giant Shell for the supply of liquefied natural gas (LNG) sourced from the U.S. to its European customers. MET Group reported it had entered into a ten-year free-on-board (FOB) LNG purchase agreement with

about 2 years ago
Enagás boosts hydrogen investment plans, sells stake in Tallgrass Energy
Outlook & Strategy

Enagás boosts hydrogen investment plans, sells stake in Tallgrass Energy

To further boost its hydrogen investment plans, Enagás has reached an agreement to sell its 30.2% shareholding in Tallgrass Energy to Blackstone Infrastructure Partners for $1,100 million (€1,018 million).

about 2 years ago
BP, Shell, TotalEnergies and Mitsui take stakes in ADNOC’s huge LNG project
Outlook & Strategy

BP, Shell, TotalEnergies and Mitsui take stakes in ADNOC’s huge LNG project

Abu Dhabi National Oil Company (ADNOC) has signed agreements with industry majors BP, Mitsui & Co., Shell and TotalEnergies under which each will take a 10% equity stake in what will be the first liquefied natural gas (LNG) export facility in the Middle East and North Africa (MENA) region to run on

about 2 years ago
FPSO Petrojarl I; Source: Enauta
Outlook & Strategy

Brazilian duo inches closer to merger as government agency gives its blessing

Brazil’s Administrative Council for Economic Defense (CADE) has approved the proposed merger of Enauta and 3R Petroleum Óleo e Gás.

about 2 years ago
Koryu
Outlook & Strategy

Combination carrier Koryu fitted with rotor sails

Australia’s mining and metals company BHP, together with Japan’s copper supplier Pan Pacific Copper (PPC) and Finnish cleantech company Norsepower have completed the retrofit installation of a rotor sail onboard the M/V Koryu.

about 2 years ago
Ocean Power Technologies has inked a memorandum of understanding (MoU) with AltaSea at the Port of Los Angeles
Outlook & Strategy

Ocean Power Technologies signs MoU with AltaSea to explore marine energy opportunities

According to OPT, the joint aim behind this MoU is to explore opportunities in the blue economy, building on OPT’s CEO Philipp Stratmann’s recent visit to AltaSea.

about 2 years ago
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