Rolls-Royce is focusing on methanol as a fuel for climate-friendly shipping: Rolls-Royce business unit Power Systems is currently working on mtu engines for use with methanol.
Long-term upstream uncertainty shows no signs of abating, but in the short-term, UK operators are riding high according to Wood Mackenzie, a Verisk business.
The purpose of Horizon56 is to develop and provide digital solutions and services to both oil and gas companies and drilling contractors, with a goal to branch out to adjacent markets outside the oil and gas sector.