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Outlook & Strategy

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Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Outlook & Strategy

US DOE picks student teams with best marine energy ideas

The US Department of Energy (DOE) has selected Webb Institute as the overall winner of the third Marine Energy Collegiate Competition (MECC), which endorses new marine energy ideas for capturing the power of the ocean.

about 4 years ago
UK player brings divestment of Norwegian assets and Statfjord UK to a close
Outlook & Strategy

UK’s Centrica wraps up its sale of Spirit Energy Norway

Centrica has revealed that the sale of its Norwegian business and the Statfjord UK field has been completed for $1.1 billion.

about 4 years ago
Vaalco
Outlook & Strategy

Vaalco finds more hydrocarbon reserves in Gabon after drilling its third well

Vaalco Energy is anticipating a boost to its reserves and production after its third well in 2022 goes online off Gabon later this month.

about 4 years ago
ZeroNorth
Outlook & Strategy

ZeroNorth raises over $50M to accelerate decarbonisation in shipping

ZeroNorth has raised over $50 million in investment that will enable the company to look to further accelerate decarbonisation in shipping.

about 4 years ago
UK firm forsakes another licence on UK Continental Shelf after ‘rigorous screening criteria’
Outlook & Strategy

Hurricane abandons another UK licence after ‘rigorous screening criteria’

Hurricane Energy has decided to give up another licence in the Greater Warwick Area on the UK Continental Shelf.

about 4 years ago
Offshore Energy Exhibition & Conference 2022: Registration is now live!
Outlook & Strategy

Offshore Energy Exhibition & Conference 2022: Registration is now live!

Register before the 24th of June and receive a 25% discount on your event ticket. From today, it is possible to register for the Offshore Energy Exhibition & Conference (OEEC) 2022. Europe’s leading exhibition and conference connects the entire offshore energy sector. The two-day event taking place

about 4 years ago
Verifavia
Outlook & Strategy

Emissions verification company Verifavia has new owner

French carbon emissions verification company Verifavia has sold a majority stake to Normec, a Dutch testing, inspection and certification organisation.

about 4 years ago
Wärtsilä
Outlook & Strategy

Wärtsilä’s new tech centre to speed up marine and energy decarbonisation

The Finnish technology group Wärtsilä has opened its new technology centre to contribute to efforts to advance the global decarbonisation of maritime and energy sectors. The Sustainable Technology Hub is located in Vaasa, Finland, and it features a fuel laboratory, flexible technology and engine tes

about 4 years ago
EcoClipper
Outlook & Strategy

EcoClipper, New Dawn Traders team up on sustainable cargo shipping

Dutch sustainable shipping company EcoClipper has entered into a formal partnership with the UK-based sustainable cargo broker New Dawn Traders to facilitate the process of finding and organising cargo.

about 4 years ago
Saipem
Outlook & Strategy

Aiming to focus on offshore, Saipem sells onshore drilling business for $550 mln cash and more

Saipem has decided to sell its onshore drilling business to KCA Deutag for $550 million in cash plus an equity stake in the combined entity.

about 4 years ago
Eco Wave Power begins 2022 with wider net loss and revenue drop
Outlook & Strategy

Eco Wave Power begins 2022 with wider net loss and revenue drop

Swedish-Israeli wave energy company Eco Wave Power has released its financial report for the first quarter of 2022, showing a wider net loss and a drop in revenues compared to the same period in 2021. Eco Wave Power reported an increased net loss of SEK 6.7 million ($720,000) for the first three mon

about 4 years ago
GreenVoyage2050
Outlook & Strategy

Norwegian govt extends GreenVoyage2050 project

International Maritime Organisation (IMO)-Norway GreenVoyage2050 project, launched to support developing countries in reducing greenhouse gas (GHG) emissions from ships, has been extended to December 2023.

about 4 years ago
Rio Tinto
Outlook & Strategy

Rio Tinto partners Mærsk Mc-Kinney Møller Center

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has welcomed Rio Tinto as a strategic partner of the center, committing to a long-term strategic collaboration..

about 4 years ago
Safe Bulkers
Outlook & Strategy

Safe Bulkers continues fleet renewal with two energy-efficient ships

Dry bulk shipping company Safe Bulkers has entered into an agreement for the acquisition of two energy-efficient Kamsarmax class vessels as part of its fleet renewal strategy. The company has ordered two 82,500 dwt dry bulk newbuilds from an undisclosed Chinese shipyard, scheduled for delivery withi

about 4 years ago
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