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Outlook & Strategy

TDI-Brooks wraps up geotechnical gig at Trinidad and Venezuela’s joint gas project

U.S.-headquartered TDI-Brooks has completed a third-party geotechnical coring project offshore Trinidad and Tobago for Geohidra, a Venezuelan company. The operation was carried out from the Dragon Field offshore Venezuela to the Shell-operated Hibiscus platform off Trinidad and Tobago’s North Coast,

about 1 year ago

Outlook & Strategy

Costamare to spin off dry bulk business

Costamare, owner and provider of containerships and dry bulk vessels for charter, has revealed plans to spin off its dry bulk business.

about 1 year ago

Outlook & Strategy

Ports of Rotterdam and Antwerp-Bruges call for rapid Clean Industrial Deal implementation

The Dutch Port of Rotterdam and Belgian Port of Antwerp-Bruges have welcomed the Clean Industrial Deal, through which the European Commission intends to strengthen the competitiveness of European industry, emphasizing that now is the time to concretize the announced measures.

about 1 year ago

Outlook & Strategy

ABL settles in Namibia to support local oil & gas and energy transition

Energy and marine consultancy ABL has expanded its operations to Namibia with the aim of supporting the local oil & gas market, as well as the country’s energy transition. The new entity will provide the company’s full technical service offering in energy and marine consulting, with a focus on marin

about 1 year ago

Two men standing on the coast at sunset with one of them pointing at an offshore rig

Outlook & Strategy

Eni and Petronas ponder pooling Southeast Asian upstream assets

Italy’s Eni and Malaysia’s state-owned energy player Petronas have announced an exclusive memorandum of understanding (MoU) to discuss establishing a joint venture (JV) holding company to oversee selected upstream assets in Indonesia and Malaysia.

about 1 year ago

Outlook & Strategy

Maritime industry welcomes EU’s Clean Industrial Deal but says more work needed to boost green fuels production

Associations representing the maritime industry have welcomed the European Commission’s new plan marrying climate action and competitiveness but highlighted the need for a much stronger effort from the EU to scale up the production of green fuels.

about 1 year ago

Outlook & Strategy

Expro comes onboard first Dutch offshore CCS project

U.S.-headquartered energy services provider Expro has won a contract to supply tubular running services (TRS) for the first offshore carbon capture and storage (CCS) project in the Netherlands. The contract covers the recompletion and conversion of legacy offshore gas production wells into CO2 injec

about 1 year ago

Outlook & Strategy

STAX Engineering gets funding boost, launches carbon capture trials with Seabound

STAX Engineering has secured a $70 million funding boost, alongside launching new carbon capture trials with Seabound.

about 1 year ago

First unit of 'world's first charter fleet of fully autonomous USVs' hits the water (Video+Photos)

Outlook & Strategy

First unit of ‘world’s first charter fleet of fully autonomous USVs’ hits the water (Gallery)

A UK-built 12-meter-long autonomous uncrewed surface vessel (USV), designed for long-distance over-the-horizon operations, has hit the water for the first time, with three sister vessels soon to follow. After nearly 18 months of design, engineering, and build, UK-headquartered Zero USV launched its

about 1 year ago

Outlook & Strategy

Electric seagliders enter the UAE market with a bang as REGENT unveils new JV

REGENT Craft, a US-based developer and manufacturer of all-electric seagliders, has signed an initial agreement with Strategic Development Fund (SDF), an Abu Dhabi-based investment company wholly owned by EDGE Group, to form a joint venture for manufacturing seagliders in the UAE.

about 1 year ago

$21 million in contracts comes to Norwegian vessel operator with 'Tier 1 international majors'

Outlook & Strategy

$21 million in contracts comes to Norwegian shipowner with ‘Tier 1 international majors’

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has secured work for its vessels that has a gross contract value of $21 million for the firm period, with an additional $27.7 million for the option period. GEOS has concluded a contract on the multi-purpose support vessel (M

about 1 year ago

Outlook & Strategy

All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector

The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining concrete actions to turn decarbonization into ‘a driver of growth‘ for European industries by supporting renewable energy sources. Specifically, the plan aims to lower energy prices, create ‘quality

about 1 year ago

Outlook & Strategy

Industry and academia unite to develop ammonia release and mitigation system

Eltronic FuelTech has partnered up with Aarhus University for the AMAZE innovation project that aims to develop an advanced system for minimizing ammonia emissions from dual-fuel vessels.

about 1 year ago

MacArtney Group has established a new office in Dubai to expand its reach in the Middle East, North Africa (MENA), and India, aiming to enhance local support and drive regional growth.

Outlook & Strategy

MacArtney opens UAE office to expand regional presence

Denmark-based underwater technology specialist MacArtney has established a new office in Dubai, UAE, to expand its reach in the Middle East, North Africa (MENA), and India, aiming to enhance local support and drive regional growth. According to MacArtney, the move aligns with the company’s strategy

about 1 year ago