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Singapore invites proposals for low or zero-carbon power generation and bunkering solutions
Outlook & Strategy

Singapore invites proposals for low or zero-carbon power generation and bunkering solutions

The Energy Market Authority (EMA) and the Maritime and Port Authority of Singapore (MPA) have opened a call for expression of interest (EOI) to develop low or zero-carbon power generation and bunkering solutions. Following the launch of the National Hydrogen Strategy at Singapore International Energ

about 3 years ago
BP’s three incoming hydrocarbon projects to watch in 2023
Outlook & Strategy

BP’s giant incoming hydrocarbon projects to watch in 2023

While tackling the energy trilemma, BP has been working on multiple projects and three of these are on track to start up next year.

about 3 years ago
Sovcomflot’s Gagarin Prospect
Outlook & Strategy

All eyes on Russia’s fleet as crude oil price cap, OPEC+ cut perpetuate tanker markets’ volatility

Uncertainty and volatility continue to cast a shadow over the oil and tanker market as December 5 deadline for the oil price cap for Russian oil expires. Today, all eyes are set on Russia to see what vessels will be loaded and where they would head as Moscow defines its steps in response to the [&he

about 3 years ago
Price cap on Russian crude oil comes into force while OPEC+ sticks to output cuts
Outlook & Strategy

Price cap on Russian crude oil comes into force while OPEC+ sticks to output cuts

A price cap for seaborne Russian crude oil is being imposed by the G7 and Australia while OPEC+ has decided to keep the status quo.

about 3 years ago
Balmoral facility at Montrose Port (Courtesy of Balmoral Group)
Outlook & Strategy

Balmoral’s Montrose composites facility on track for subsea and offshore renewables industries

Aberdeen-based Balmoral Comtec has completed the installation of its manufacturing plant at its new composites facility at Montrose Port that will produce composite structures for subsea and offshore renewable energy sectors.

about 3 years ago
Century Highway
Outlook & Strategy

K Line earmarks $740 million for environmental initiatives

Japanese shipping major Kawasaki Kisen Kaisha Ltd (K Line) has laid out its short-term investment plans in a newly released report, earmarking a significant portion for environmental initiatives. “First of all, we aim to invest a total of ¥250.0 billion ($1.85 billion), within the amount of operatin

about 3 years ago
Trafigura signs $3 billion loan to supply ‘substantial volumes’ of gas to Germany’s SEFE
Outlook & Strategy

Trafigura signs $3 billion loan to supply ‘substantial volumes’ of gas to Germany’s SEFE

Commodities trading group Trafigura has entered into a $3 billion four-year loan agreement guaranteed by the Federal Republic of Germany to secure gas supply. The loan is jointly arranged and underwritten by Deutsche Bank and another international bank and syndicated to a number of participating ban

about 3 years ago
In focus: Offshore Energy Exhibition & Conference (OEEC) once again proves to be a huge success
Outlook & Strategy

In focus: Offshore Energy Exhibition & Conference (OEEC) once again proves to be a huge success

The 15th Offshore Energy Exhibition & Conference (OEEC) in Amsterdam once again proved to be a great success: as always, the two-day exhibition offered exciting networking opportunities, knowledge sharing, presentations, workshops and a lot more. Energy security, green hydrogen, human capital and fl

about 3 years ago
RWE’s Brunsbüttel terminal could receive ammonia from Namibia
Outlook & Strategy

RWE’s Brunsbüttel terminal could receive ammonia from Namibia

RWE and Hyphen Hydrogen Energy have signed a Memorandum of Understanding (MoU) that could see RWE offtake up to 300,000 tons of green ammonia per year from Namibia. Hyphen was appointed the preferred bidder by the Namibian government to develop the first green hydrogen project in Namibia for export.

about 3 years ago
Following incident, Nexans and Enemalta patch up subsea interconnector – gallery
Outlook & Strategy

Following incident, Nexans and Enemalta patch up subsea interconnector – gallery

Nexans has worked with Enemalta to finalise the repair works for the subsea Malta-Italy interconnector cable.

about 3 years ago
Repurposed North Sea rig closes its door to go back to its decommissioning cycle
Outlook & Strategy

Repurposed North Sea rig closes its doors to go back to its decommissioning cycle

SEE MONSTER, a decommissioned North Sea platform’s new lease on life has now come to an end and it is expected to be recycled in the UK.

about 3 years ago
Everfuel makes new appointment to execute green hydrogen growth strategy
Outlook & Strategy

Everfuel makes new appointment to execute green hydrogen growth strategy

Danish green hydrogen provider Everfuel has appointed new deputy chief executive officer (CEO) to expand the management team and drive the execution of the growth strategy. Martin Skov Hansen will assume the new role starting from 1 January 2023 with a special focus on organisation development, HR a

about 3 years ago
WoodMac: Deepwater oil & gas production on the rise steered by small number of players
Outlook & Strategy

WoodMac: Deepwater oil & gas production on the rise steered by small number of players

The deepwater oil and gas production is set to increase by 60 per cent by the end of the decade, says Wood Mackenzie.

about 3 years ago
How will UK's energy windfall tax hike impact oil & gas players?
Outlook & Strategy

How will UK’s energy windfall tax hike impact oil & gas players?

Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation.

about 3 years ago
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