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Kraken Robotics makes top executive changes
Outlook & Strategy

Kraken Robotics makes top executive changes

Kraken Robotics has appointed Greg Reid as its new president and chief executive officer (CEO), marking a leadership transition in the Canadian company.

about 3 years ago
Petrobras completes sale of Papa-Terra field
Outlook & Strategy

Petrobras completes sale of Papa-Terra field

Brazil’s oil and gas giant Petrobras has concluded the sale of the totality of its stake in the Papa-Terra production field located in the Campos Basin to 3R Petroleum Offshore. With this, 3R Offshore assumes the condition of operator of the field with a 62.5 per cent stake, in partnership with Nova

about 3 years ago
Germany allocates €62 million for construction of three LNG bunkering ships
Outlook & Strategy

Germany allocates €62 million for construction of three LNG bunkering ships

Germany’s Federal Ministry of Economics and Climate Protection (BMWK) has decided to fund the construction of three LNG bunkering ships with a total of around €62 million. The three ships, each with a capacity of 4,500 cubic metres, will be constructed by shipbuilder Flensburger Schiffbau-Gesellscha

about 3 years ago
Kanfer Shipping
Outlook & Strategy

Kanfer teams up with CB Fenton to create LNG bunkering hub in Panama

CB Fenton, part of Ultramar (Chile), and Norwegian small-scale LNG sea transport and bunkering vessels developer Kanfer Shipping have signed a Memorandum of Understanding with the aim of establishing a hub for LNG bunkering and small-scale LNG distribution in/out of Panama. The duo is now seeking a

about 3 years ago
Minesto's Dragon 4 tidal energy device (Courtesy of Minesto)
Outlook & Strategy

Minesto sets up O&M hub with port access for large-scale tidal power buildout

Swedish tidal energy company Minesto has signed a long-term lease agreement for strategic port access and onshore operations and maintenance (O&M) work site in the Faroe Islands.

about 3 years ago
Seadrill to buy Aquadrill for $958 million
Outlook & Strategy

Seadrill enters $958 million deal to acquire Aquadrill

Offshore drilling contractor Seadrill has entered into an agreement to acquire Aquadrill, formerly known as Seadrill Partners, in an all-stock transaction that values the UK firm at $958 million. Following completion, Seadrill shareholders and Aquadrill unitholders will respectively own 62 per cent

about 3 years ago
Uniper and partners plan new import terminal for green gases in Wilhelmshaven
Outlook & Strategy

Uniper and partners plan new import terminal for green gases in Wilhelmshaven

German energy major Uniper has partnered with compatriot public seaports operator Niedersachsen Ports (NPorts) and green hydrogen provider Tree Energy Solutions (TES) for a new large joint import terminal for green gases in Wilhelmshaven. On the sideline of the opening ceremony for the first German

about 3 years ago
Eni kicks off second floating LNG project in Congo to increase production and export
Outlook & Strategy

Eni kicks off second floating LNG project in Congo to increase production and export

Italian oil and gas company Eni has launched the second floating liquefied natural gas (FLNG) project in the Republic of Congo to increase production and export. To this end, Eni has signed a contract with Chinese shipyard Wison Heavy Industry for the construction and installation of an FLNG unit wi

about 3 years ago
EHB studies future demand and supply of hydrogen in Europe
Outlook & Strategy

New chairwomen of EHB consortium come from Gasgrid and Enagas

Sara Kärki from transmission system operator (TSO) Gasgrid Finland and Maria Sicilia from TSO Enagás are the two new chairwomen of the European Hydrogen Backbone (EHB) consortium. “Hydrogen is a key technology for diversifying energy supply, improving energy security and resilience of the European e

about 3 years ago
Deal signed to continue development and production of two Qatari oil fields
Outlook & Strategy

Deal signed to continue development and production of two Qatari oil fields

QatarEnergy and Japan’s Qatar Petroleum Development Company (QPD) have signed a new agreement for the continued development and production of two oil fields located in Qatar’s territorial waters. Under the five-year deal, QPD, owned by Cosmo E&P and Sojitz, will continue to act as the operator of th

about 3 years ago
Foundation loadout for Minesto’s tidal energy kite (Courtesy of Minesto)
Outlook & Strategy

Minesto installs offshore infrastructure to double tidal energy production capacity

Swedish company Minesto has completed additional offshore infrastructure installation in Faroe Islands to double electricity production from two Dragon 4 tidal energy devices.

about 3 years ago
RWE and Harbour Energy shake hands for carbon capture and storage
Outlook & Strategy

RWE and Harbour Energy shake hands to pursue carbon capture and storage

RWE and Harbour Energy have established a partnership to investigate options to capture, transport and store CO2 from RWE’s gas-fired power stations via Viking CCS, Harbour Energy’s CO2 transport and storage network. The partnership is expected to lead to the transportation and storage of captured C

about 3 years ago
Nigeria plans bidding round for 7 deepwater offshore blocks
Outlook & Strategy

Nigeria plans bidding round for 7 deepwater offshore blocks

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on behalf of the Federal Government, is planning to hold a mini-bid round for seven offshore blocks in order to spur new exploration and drilling activities in the country’s deep waters. The seven blocks in the Mini Bid Round cover an ar

about 3 years ago
CorPower Ocean's C4 wave energy device ahead of installation (Courtesy of CorPower Ocean)
Outlook & Strategy

CorPower Ocean’s wave energy device inches closer to deployment

CorPower Ocean’s first commercial-scale C4 wave energy converter has been moved to quayside ‘launchpad’, ahead of deployment at the Aguçadoura site in northern Portugal.

about 3 years ago
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