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The rendering of the SEAVOLT offshore solar platform (Courtesy of SEAVOLT project)
Outlook & Strategy

Belgian partners present new offshore solar technology

Jan De Nul, Tractebel, and DEME have jointly developed a new offshore floating solar technology, said to be capable of operating in harsh marine conditions and in combination with offshore wind farms.

about 3 years ago
Santorini drillship; Source: Saipem
Outlook & Strategy

Offshore drilling upcycle whets contractors’ appetite for rig reactivation with scrapping taking a downturn

Westwood says offshore rig scrapping is at its lowest level in years, as the offshore drilling market’s recovery intensifies.

about 3 years ago
Sun Princess
Outlook & Strategy

LNG-powered Sun Princess hits the water at Fincantieri

Italian shipbuilder Fincantieri has launched Sun Princess at its yard in Monfalcone, the first of two LNG-powered cruise ships being built for Princess Cruises, an American cruise line owned by Carnival Corporation. With 175,500 gross tons, Sun Princess is the largest ship built in Italy so far, as

about 3 years ago
Petronas and Tiger Gas launch LNG bunkering business
Outlook & Strategy

Petronas and Tiger Gas launch LNG bunkering business

Malaysian energy major Petronas has inaugurated LNG bunkering business with its long-term Chinese partner Tiger Gas through its Petronas Marine brand. The inauguration follows the completion of Petronas’ maiden ship-to-ship LNG bunkering operation of approximately 500 tonnes of LNG for Tiger Gas’ Ti

about 3 years ago
Illustration/CorPower Ocean's wave energy farm (Courtesy of CorPower Ocean)
Outlook & Strategy

Wave energy to play instrumental role in heavy industry decarbonization, study finds

A new study has revealed that wave energy can play an instrumental role in the decarbonization of the steel manufacturing industry, which accounts for around 7% of global greenhouse emissions.

about 3 years ago
Santos advances carbon-neutral e-methane project
Outlook & Strategy

Santos advances carbon-neutral e-methane project

Santos Energy Solutions, an energy transition business of Australian oil&gas player Santos, has entered into an agreement with Osaka Gas Australia (OGA) to advance its project for producing carbon-neutral e-methane from green hydrogen. Santos entered into an agreement with the subsidiary of Japanese

about 3 years ago
Na Kika platform in the Gulf of Mexico; Source: BP
Outlook & Strategy

BP and Baker Hughes team up to enhance asset performance

Baker Hughes has joined forces with BP to further define and develop its new integrated suite of solutions for asset performance management and process optimisation.

about 3 years ago
K Shipbuilding
Outlook & Strategy

Al Seer Marine unveils orders for two additional MR tankers, VLGC

Al Seer Marine, a unit of Abu Dhabi-based International Holding Company, confirmed an order for two additional MR tankers at Korea’s shipbuilder K Shipbuilding. The order was disclosed in a stock exchange filing, a month after K Shipbuilding announced the deal without disclosing the name of the ship

about 3 years ago
Image credit Synergy Group
Outlook & Strategy

Synergy Group rolls out tailor-made PPE to female seafarers

Singapore-based ship manager Synergy Group is rolling out new tailor-made Personal Protective Equipment (PPE) to its growing number of female seafarers. Synergy, which manages a fleet of over 540 vessels and employs over 20,000 seafarers, commissioned Hercules Safety to manufacture the new gear. The

about 3 years ago
Illustration; Source: Chevron
Outlook & Strategy

Chevron and JERA jump on carbon capture and storage bandwagon in U.S. and Australia

Chevron and JERA have joined forces to explore carbon capture and storage (CCS) projects in the United States and Australia.

about 3 years ago
MSC
Outlook & Strategy

MSC: ‘We are willing and ready’ to further adopt alternative fuels

World’s largest container shipping company MSC is ready to embrace alternative fuels as part of its commitment to decarbonize its operations, Claudio Abbate, Vice President of Maritime Policy and Government Affairs at MSC Group, said. Abbate said the company was “willing and ready” to further adopt

about 3 years ago
Wintershall Dea and Fluxys exploring options for cross-border CO2 transport
Outlook & Strategy

Wintershall Dea and Fluxys exploring options for cross-border CO2 transport

Germany’s Wintershall Dea and Belgium’s Fluxys have signed an agreement to jointly cooperate on a cross-border CO2 pipeline network connecting the two countries. As part of the project, CO2 emissions from industrial clusters in southern Germany are to be transported to the German-Belgian border via

about 3 years ago
Minesto’s Dragon Class tidal power plant (Courtesy of Minesto)
Outlook & Strategy

Minesto’s tidal energy kite reaches new heights in Faroe Islands

Swedish company Minesto has marked one month of continuous production at record levels with its Dragon 4 tidal energy kite in Faroe Islands, as it advances the preparations for the installation of a new device.

about 3 years ago
Equinor slashes Tanzania LNG value by $982 million
Outlook & Strategy

Shell and Equinor complete LNG project negotiations with Tanzania

Tanzania’s Ministry of Energy has announced on Twitter that the negotiations for the construction of a $30 billion liquefied natural gas (LNG) terminal between Tanzania, Norway’s Equinor, and UK’s Shell are complete and experts are now writing contracts. The ministry notified the public that Tanzani

about 3 years ago
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