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Outlook & Strategy

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Noble Developer rig; Source: Noble
Outlook & Strategy

Rig market, oil & gas mergers and JV blockbuster moves mark 2024

A consolidation wave is sweeping across the challenging and shifting global energy landscape, as companies in the hydrocarbon exploration and production (E&P) and offshore drilling domains, alongside others across the entire energy industry and supply chain, race to secure their spots among the top

14 minutes read
Offshore Energy Recap 2024
Outlook & Strategy

Readers’ choice: Offshore Energy’s most-read news of 2024

With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30

about 1 year ago
HJSC wins LR’s nod for 88,000 cbm VLAC design
Outlook & Strategy

HJSC wins LR’s nod for 88,000 cbm VLAC design

South Korean HJ Shipbuilding & Construction (HJSC) has obtained approval in principle (AiP) from the classification society Lloyd’s Register (LR) for the design concept of an 88,000 cbm next-generation eco-friendly very large ammonia carrier (VLAC).

about 1 year ago
Subsea7 expands its scope for giant Black Sea gas project with IRM services
Outlook & Strategy

Subsea7 expands its scope for giant Black Sea gas project with IRM services

Subsea7 has secured a contract with Turkish Petroleum Offshore Technology Center (TP-OTC) to provide inspection, repair and maintenance (IRM) services for Türkiye’s largest natural gas field. The contract for the Sakarya gas field development in the Black Sea includes project management and engineer

about 1 year ago
Saipem's pipelayer en route to Türkiye's largest natural gas field
Outlook & Strategy

Saipem’s Castorone en route to Türkiye’s largest natural gas field for pipeline installation

Saipem’s pipelay vessel Castorone is on its way to the Black Sea where it will perform offshore pipeline installation for the second phase of Türkiye’s largest natural gas field. On its way to the Sakarya project, Castorone crossed the Dardanelles Strait early on December 26, covering a distance of

about 1 year ago
Estlink 2 damage not considered an accident, Estonia's minister says as defense forces protect sister link
Outlook & Strategy

Estlink 2 damage not considered an accident, Estonia’s minister says as navy protects sister link

Estonia’s Defense Forces launched a naval operation early today to protect the Estlink 1 interconnector between Estonia and Finland as a response to the damage that occurred on the day of Christmas on Eastlink 2. Finland’s transmission system operator (TSO) Fingrid reported to the authorities on Dec

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Outlook & Strategy

Former ExxonMobil engineer joining Commonwealth LNG’s executive ranks

U.S.-based Commonwealth LNG, which is developing a liquefied natural gas (LNG) export terminal project near Cameron, Louisiana, has appointed a new member to the positions of General Counsel and Chief Commercial Officer.

about 1 year ago
Japan and Malaysia strengthen hydrogen ties
Outlook & Strategy

Japan and Malaysia strengthen hydrogen ties

Mitsubishi Power has welcomed the Premier of Malaysia’s Sarawak to its Takasago Hydrogen Park in Hyogo Prefecture, Japan, marking a significant step in strengthening ties between the hydrogen ambitions of Sarawak and hydrogen technologies from Mitsubishi Power.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Outlook & Strategy

France experiences wind propulsion boom in 2024

The French sailing fleet now comprises eleven large cargo ships, with four new wind-powered vessels added to the fleet in 2024, Association Wind Ship revealed.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Outlook & Strategy

Scottish startup inks ‘landmark’ deal for EU’s first operational CO2 storage facility

Scottish startup The Carbon Removers has secured what it says is a landmark deal for CO2 storage as part of Project Greensand in the Danish North Sea. The Carbon Removers announced the agreement on December 10 to permanently sequester 50,000 tonnes of CO2 per year in a depleted oil field, 1,800 mete

about 1 year ago
EPS and FueLNG reach new LNG bunkering milestone
Outlook & Strategy

EPS and FueLNG reach new LNG bunkering milestone

Singapore’s Eastern Pacific Shipping (EPS) and FueLNG have hit a new LNG bunkering milestone by completing their 300th ship-to-ship (STS) operations.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Outlook & Strategy

Western nations decide to make things harder for Russian ‘shadow’ fleet

Twelve European countries agreed measures targeting Russia’s ‘shadow’ fleet at a recent summit in Tallinn, Estonia.

about 1 year ago
An offshore platform
Outlook & Strategy

PTTEP going on production growth binge with $33.6B fueling its energy ambitions

Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) has shared its investment agenda for the next five years, with plans to focus on boosting production to increase the country’s energy security, among other things.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Outlook & Strategy

AES Andes submits EIA for industrial-scale hydrogen project in Chile

AES Andes has submitted an environmental impact assessment (EIA) to Chilean permitting authorities for a proposed industrial-scale green hydrogen project called Inna.

about 1 year ago
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