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Outlook & Strategy

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Illustration; Source: Bureau Veritas
Outlook & Strategy

Interview with Bureau Veritas: US LNG permitting freeze could unleash upsurge in renewables and hydrogen

two representatives from Bureau Veritas have provided their take on the current energy trends, highlighting that renewables and hydrogen are positioned to reap the benefits from the recent U.S. liquefied natural gas (LNG) permitting pause.

13 minutes read
Greece’s first FSRU receives commissioning LNG cargo
Outlook & Strategy

Greece’s first FSRU receives commissioning LNG cargo

Greece’s first floating storage regasification unit (FSRU) based LNG import terminal is gearing up for commissioning tests with the arrival of the first LNG cargo. The commissioning cargo to the Alexandroupolis FSRU was delivered on February 18, 2024, onboard GasLog Hong Kong LNG carrier. Once the c

about 2 years ago
MOL
Outlook & Strategy

MOL, 123Carbon complete carbon insetting pilot

Japanese shipping company Mitsui O.S.K. Lines (MOL) has completed an insetting pilot with the Dutch company 123Carbon by tokenizing the GHG emission reductions from the net zero voyage which was conducted jointly with Canada’s methanol supplier Methanex Corporation in February 2023.

about 2 years ago
The vessel Eidesvik
Outlook & Strategy

Eidesvik and Agalas shake hands for low-emission Türkiye-built vessel

Eidesvik Offshore and Agalas have entered into an agreement to build a new, low-emission construction support vessel (CSV) that will be equipped to perform inspection, maintenance and repair (IMR) work. The vessel will be owned by an entity to be named Eidesvik Agalas AS, where Eidesvik will be the

about 2 years ago
DORIS
Outlook & Strategy

French floating solar load modeling specialist gets new owner

French engineering, advisory, and project management services company DORIS has acquired a compatriot company active in the fixed offshore wind, floating offshore wind, and floating solar market. Through acquiring WINDGLAS, DORIS’ scope of service that is to be offered to the offshore wind industry

about 2 years ago
Nexans outperforms 2023 target, makes considerable progress on sustainability agenda
Outlook & Strategy

Nexans outperforms 2023 target, makes considerable progress on sustainability agenda

In the year in which it saw “considerable progress” on its sustainability agenda, Nexans has reported a “historic high” adjusted EBITDA of €665 million for the 2023 financial year, a +8.2% increase year-on-year, outperforming the target. Nexans’ EBITDA including share-based payment expenses amounted

about 2 years ago
Public feedback sought for planned interconnector between Ireland and Wales
Outlook & Strategy

Public feedback sought for planned interconnector between Ireland and Wales

A series of public consultation events is being held this month to discuss the proposed MaresConnect electricity interconnector between Ireland and Wales. MaresConnect will comprise a cable route of approximately 245 kilometers under the sea and underground between Dublin in Ireland and Bodelwyddan,

about 2 years ago
Eneos to use Honeywell technology for liquid organic hydrogen carrier project
Outlook & Strategy

Eneos to use Honeywell technology for liquid organic hydrogen carrier project

Japan’s energy company Eneos will develop its commercial-scale liquid organic hydrogen carrier (LOHC) project using technology provided by U.S. company Honeywell. According to Honeywell, its LOHC solution enables the long-distance transportation of clean hydrogen and can help meet the growing requir

about 2 years ago
Illustration; Source: MSI
Outlook & Strategy

Interview: With new oil & gas horizons calling, will the North Sea hold sway over its existing rig fleet?

This interview sheds more light on whether there will be a greater rig exodus from the North Sea market and a mass pivot toward other destinations.

about 2 years ago
With environmental decision in place, GAZ-SYSTEM set to proceed with Gdańsk FSRU project
Outlook & Strategy

With environmental decision in place, GAZ-SYSTEM set to proceed with Gdańsk FSRU project

Poland’s natural gas transmission system operator GAZ-SYSTEM has received a decision on the environmental conditions from the Regional Director for Environmental Protection in Gdańsk for the implementation of the FSRU terminal with a subsea gas pipeline at the Port of Gdańsk. According to GAZ-SYSTEM

about 2 years ago
UK oil & gas engineering services firm gets more North Sea work
Outlook & Strategy

Multiple P&A activities on the list for UK firm under £1 million contract

UK-headquartered oil and gas engineering services business Plexus Holdings has secured a contract valued at over £1 million to deliver equipment and services for multiple plug and abandonment (P&A) activities in the North Sea. Under the contract with an undisclosed client, Plexus will provide Exact

about 2 years ago
Fugro settles in South Korea
Outlook & Strategy

Fugro settles in South Korea

Fugro has opened a new office in South Korea as part of a joint venture with South Korean marine technology company UST21 in support of the local offshore wind sector. The new office called Fugro UST21 and located in Incheon will provide geo-data solutions for South Korea’s offshore renewable energy

about 2 years ago
HMM Nuri
Outlook & Strategy

Liner majors rally behind WSC’s GHG pricing mechanism

The World Shipping Council (WSC) is proposing a solution to the challenge of crafting a global greenhouse gas pricing regulation that encourages investment in green fuels, as the UN International Maritime Organisation works towards its target of achieving net-zero carbon emissions in the shipping in

about 2 years ago
Wavepiston opens capital raise to back wave energy system
Outlook & Strategy

Wavepiston opens capital raise to back wave energy system

Denmark’s Wavepiston has opened its next capital raise with the aim of supporting the critical objectives of operating its full-scale wave energy system, among other things. Wavepiston reported that it had on February 8 installed its first full-scale energy collector on the Wavepiston string at the

about 2 years ago
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