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Outlook & Strategy

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Vår Energi approved to conduct more North Sea drilling
Outlook & Strategy

Vår Energi approved to conduct more North Sea drilling

The Norwegian Offshore Directorate (NOD) has granted a drilling permit to Norwegian oil & gas player Vår Energi for another wildcat well in the North Sea. The permit is for wellbore 7/1-4 S in production license 1090, in which Vår Energi holds a 50% operating stake, with partners Petoro and Aker BP

about 1 year ago
Inching towards CO2 neutrality: Svitzer to transition to biofuels in Port of Esbjerg
Outlook & Strategy

Inching towards CO2 neutrality: Svitzer to transition to biofuels in Port of Esbjerg

Denmark-based towage and marine services provider Svitzer has decided to switch to biofuels at the Port of Esbjerg in line with the port’s ambition to become carbon neutral by 2030.

about 1 year ago
NSTA's plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight
Outlook & Strategy

With 1,500 wells due for decommissioning by 2030, NSTA calls for new P&A tech trials

Since around 1,500 wells will be due for decommissioning in the UKCS between 2026 and 2030, the UK regulator North Sea Transition Authority (NSTA) said that this represents an opportunity for operators to test and adopt new well plugging and abandonment (P&A) technologies to cut costs and improve ef

about 1 year ago
Santos awards $40M helicopter services contract in Timor-Leste
Outlook & Strategy

Santos awards $40M helicopter services contract in Timor-Leste

Australian energy player Santos has awarded a joint venture formed in 2020 with a $40 million contract for the delivery of helicopter transportation services in Timor-Leste. Under the contract structured for an initial 12-month period with options for two six-month extensions, Weststar-GAP Aviation

about 1 year ago
German consortium sets out to activate fuel cell technology for cruise ships
Outlook & Strategy

German consortium sets out to activate fuel cell technology for cruise ships

Meyer Werft and its consortium partners launched a new research project focused on fuel cell technology powered by green methanol for cruise ships.

about 1 year ago
Another offshore wind job for TGS in UK
Outlook & Strategy

Another offshore wind job for TGS in UK

Norway-based energy data and intelligence company TGS has secured another contract for offshore wind site characterization on the UK Continental Shelf (UKCS). To remind, TGS reported earlier this week it was set to kick off offshore wind site characterization in the UK in the first quarter of 2025 u

about 1 year ago
Zeabuz and Future Marine unite to develop autonomous electric ferries in Canada
Outlook & Strategy

Zeabuz and Future Marine unite to develop autonomous electric ferries in Canada

Norway-based autonomous maritime technology company Zeabuz has partnered with Canada’s Future Marine to develop and pioneer autonomous electric ferries in Canada.

about 1 year ago
Evonik and VoltH2 to advance hydrogen production in the Netherlands
Outlook & Strategy

Evonik and VoltH2 to advance hydrogen production in the Netherlands

German specialty chemicals company Evonik has signed a term sheet with Dutch energy company VoltH2 to advance green hydrogen production at the Delfzijl chemical park in the Netherlands.

about 1 year ago
Yara
Outlook & Strategy

HPC secures spot in ‘key’ project for maritime industry’s next decade

Maritime consultancy HPC Hamburg Port Consulting (HPC) has been awarded a contract to manage project coordination and financial oversight for the Baltic Sea Region Programme 2021-2027 funded initiative “H2-Derivatives@BalticSeaPorts” (H2Deri@BSP).

about 1 year ago
A large vessel at sea
Outlook & Strategy

Petrobras credits Santos Basin fields for uptick in oil & gas reserves

Brazil’s state-owned oil and gas giant Petrobras has recorded an increase in its proven reserves of oil, condensate, and natural gas in 2024 compared to the previous year.

about 1 year ago
Halliburton
Outlook & Strategy

Halliburton scores its largest service contract with Petrobras

U.S.-headquartered oilfield services company Halliburton has secured what it says is its largest service contract with Brazil’s oil & gas giant Petrobras, for the delivery of offshore drilling services. Under the contract that is a result of a competitive process, Halliburton will provide integrated

about 1 year ago
Nel and KHNP looking into development of clean hydrogen production technology
Outlook & Strategy

Nel and KHNP looking into development of clean hydrogen production technology

Norwegian company Nel has signed a memorandum of understanding (MoU) with South Korean power generation company Korea Hydro & Nuclear Power (KHNP) to collaborate on clean hydrogen production technology.

about 1 year ago
Nova Innovation's floating solar units (Courtesy of Nova Innovation)
Outlook & Strategy

Nova Innovation’s floating solar withstands Storm Éowyn’s fury

Scotland-based Nova Innovation’s floating solar demonstrator at the Port of Leith has proven its resilience after withstanding Storm Éowyn, described by the Met Office as “probably the strongest to hit the UK in the past 10 years.” According to Nova Innovation, the extreme weather event left over a

about 1 year ago
UK ROV under construction for Spanish subsea services provider
Outlook & Strategy

UK ROV under construction for Spanish subsea services provider

UK’s Forum Energy Technology (FET) has secured a contract to supply a work-class remotely operated vehicle (ROV) system and a Dynacon launch and recovery system (LARS) to Spanish maritime survey and ROV services operator ACSM. The FET Perry XLX EVO II will be delivered in the third quarter of 2025 t

about 1 year ago
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