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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsCollaborationExploration & ProductionMarket OutlooksProject & TendersVisionHuman CapitalTransitionVesselsGreen MarineInfrastructureCarbon Capture Usage & StorageAuthorities & GovernmentOperations & MaintenancePorts & LogisticsResearch & DevelopmentTechnologyRegulation & PolicyCertification & ClassificationRules & RegulationEquipment
A consortium of Norwegian seismic companies PGS and TGS and American oilfield services company SLB has commenced a multi-client 3D seismic project to provide insights and assess the carbon storage pot
Outlook & Strategy

PGS, TGS, and SLB working to asses carbon storage potential in Malaysian basin

A consortium of Norwegian seismic companies PGS and TGS and American oilfield services company SLB has commenced a multi-client 3D seismic project to provide insights and assess the carbon storage potential across the Penyu Basin area in Malaysia.

about 2 years ago
Ulstein CEO to take the helm at Vard
Outlook & Strategy

Ulstein CEO to take the helm at Vard

Norwegian ship designer and shipbuilder Vard, part of Fincantieri, has appointed the current chief executive officer (CEO) of compatriot shipbuilder and designer Ulstein Group as its new CEO. Cathrine Kristiseter Marti, who will take over as the new CEO of Vard starting June 1, 2024, comes from the

about 2 years ago
HMM to collaborate with SIPG on clean marine fuel supply
Outlook & Strategy

HMM to collaborate with SIPG on clean marine fuel supply

HMM and Shanghai International Port Group (SIPG) have inked an MoU to collaborate on clean marine fuel supply, specifically methanol and LNG.

about 2 years ago
Thai national oil & gas company sets another CCS deal into motion
Outlook & Strategy

Thai national oil & gas company sets another CCS deal into motion

Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) and Thai public university Kasetsart University have signed a memorandum of understanding (MoU) focused on carbon capture and storage (CCS) technology, among other things. The collaboration aims to carry out research stud

about 2 years ago
Yara Clean Ammonia appoints new CEO to spearhead ‘rapidly growing’ business
Outlook & Strategy

Yara Clean Ammonia appoints new CEO to spearhead ‘rapidly growing’ business

Oslo-headquartered Yara Clean Ammonia has appointed Hans Olav Raen as the new Chief Executive Officer (CEO), effective May 1, 2024.

about 2 years ago
Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
Outlook & Strategy

Eco Wave Power’s ‘significant milestones’ keep optimism for future energy project opportunities alive

Eco Wave Power is among the companies that felt the impact of the unpredictability surrounding the economy in 2023.

about 2 years ago
Amogy and ITOCHU ally on use of ammonia system on maritime vessels
Outlook & Strategy

Amogy and ITOCHU ally on use of ammonia system on maritime vessels

Amogy has signed a memorandum of understanding (MoU) with ITOCHU Corporation to explore the potential application of Amogy’s technology on ITOCHU’s maritime vessels.

about 2 years ago
Deal signed for new hydrogen industry cluster in South Korea
Outlook & Strategy

Deal signed for new hydrogen industry cluster in South Korea

South Korean province Jeollanam-do has signed an investment memorandum of understanding (MoU) with five companies to create a hydrogen industry cluster in Myodo, Yeosu.

about 2 years ago
Asso.subsea completes cable work at Croatian interconnector (Gallery)
Outlook & Strategy

Asso.subsea completes cable work at Croatian interconnector (Gallery)

Asso.subsea has completed the installation of approximately 30 kilometers of cables for the Adriatic Sea Islands Interconnection in Croatia, reaching depths of 70 meters. Asso.subsea transported and installed four distinct 110 kV cable systems, with the northern part connecting the landing sites Mal

about 2 years ago
New Japan-UK partnership eyes green hydrogen and derivatives projects
Outlook & Strategy

New Japan-UK partnership eyes green hydrogen and derivatives projects

J-POWER and Yamna have signed an agreement for the joint development and investment in green hydrogen and derivatives projects globally.

about 2 years ago
European policymakers urged to adopt robust low-carbon hydrogen definition
Outlook & Strategy

European policymakers urged to adopt robust low-carbon hydrogen definition

Industry players and NGOs issued a joint letter calling on European policymakers to adopt a robust definition for low-carbon hydrogen.

about 2 years ago
Norwegian state-owned firm Petoro has awarded AGR, part of ABL Group with a frame agreement for the supply of supply independent consultancy and third-party verification studies across subsurface, dri
Outlook & Strategy

Petoro awards AGR frame agreement for suite of services

Norwegian state-owned firm Petoro has awarded AGR, part of ABL Group, with a frame agreement for the supply of independent consultancy and third-party verification studies across subsurface, drilling, and wells and field development. Petoro manages a direct financial stake in Norway’s oil and gas in

about 2 years ago
Greek TSO opens tender for submarine power cables
Outlook & Strategy

Greek TSO opens tender for submarine power cables

Greek electricity grid operator Independent Power Transmission Operator (IPTO) has launched a tender for submarine AC cable that would be used for Aegean Islands interconnectors. IPTO has launched the tendering process for the conclusion of a framework agreement regarding submarine AC cable for the

about 2 years ago
Gas compressor for 'world's largest offshore CCS project' ordered from Japan
Outlook & Strategy

JERA, Petronas looking into CCS value chain between Japan and Malaysia

JERA has signed a JSA with Petronas to evaluate the feasibility of separating and capturing CO2 emitted by JERA in Japan and then transporting it to Malaysia for storage.

about 2 years ago
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