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Outlook & Strategy

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Nexans to link Swedish island to mainland under ‘substantial contract’
Outlook & Strategy

Nexans to link Swedish island to mainland under ‘substantial contract’

Nexans has secured a contract with Swedish transmission system operator (TSO) Svenska kraftnät to deliver subsea and onshore cables for an electricity connection project that will strengthen the electricity supply between the island of Gotland and mainland Sweden. As part of the contract described a

about 1 year ago
Seagliders
Outlook & Strategy

Seagliders could be a game changer for Hawai’i’s sustainable future

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Seagliders will have a positive impact on Hawaiʻi, according to a study commissioned by the Hawaiʻi Seaglider Initiative (HSI), a coalition of local stakeholders working to increase awareness and adoption of seagliders in the state.

about 1 year ago
$900M contract win lands on Saipem's desk for Shell's project in Nigeria
Outlook & Strategy

$900M contract win lands on Saipem’s desk for Shell’s project in Nigeria

Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off the coast of Nigeria. As part of the contract with Shell Nigeria Exploration and Production Company Limited (SNEPCo), Saipem will deliver t

about 1 year ago
Allseas begins prep work for Australia's 'largest-ever' offshore decommissioning job
Outlook & Strategy

Allseas begins prep work for Australia’s ‘largest-ever’ offshore decommissioning job

Allseas has begun the planning and preparation for what it says is the largest-ever offshore decommissioning assignment in Australia, encompassing the removal of up to 12 retired platforms. Allseas has been appointed by Esso Australia, a subsidiary of ExxonMobil Australia, to remove 12 topsides and

about 1 year ago
SAIC
Outlook & Strategy

COSCO, SIPG take a 20% stake in Chinese logistics player SAIC Anji

Chinese state-owned transportation service conglomerate COSCO SHIPPING Group and terminal operator Shanghai International Port Group (SIPG) have invested in SAIC Anji Logistics, a logistics unit owned by Shanghai-based SAIC Motor Corp, each obtaining 10% of the company’s shares.

about 1 year ago
DeepOcean stays alone in contract with Equinor as TechnipFMC opts out
Outlook & Strategy

DeepOcean stays alone in contract with Equinor as TechnipFMC opts out

Norwegian ocean services provider DeepOcean is taking 100% ownership of the pipeline repair and subsea intervention (PRSI) Pool Services contract with Equinor, formerly operated in a joint venture (JV) with TechnipFMC. To remind, Equinor has operational responsibility for what is said to be the worl

about 1 year ago
Pacific Northwest Hydrogen Association and MHI Hydrogen Infrastructure formalize collaboration to further advance clean energy objectives
Outlook & Strategy

Pacific Northwest Hydrogen Association and MHI Hydrogen Infrastructure formalize collaboration to further advance clean energy objectives

The Pacific Northwest Hydrogen Association (PNWH2) and MHI Hydrogen Infrastructure’s (MHI H2I’s) Boardman Hydrogen Hub project have signed a subrecipient agreement that advances PNWH2’s objectives and movement toward the deployment of clean hydrogen infrastructure and technologies in the region.

about 1 year ago
NYK
Outlook & Strategy

NYK, Yusen Logistics embrace 123Carbon’s platform to manage GHG emission reductions

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) and compatriot logistics provider Yusen Logistics (YL) have introduced a digital platform for managing greenhouse gas (GHG) emission reductions.

about 1 year ago
Contract with 'prominent' oil & gas company takes US subsea firm to West Africa
Outlook & Strategy

Contract with ‘prominent’ oil & gas company takes US subsea firm to West Africa

Houston-based subsea energy equipment and services specialist KOIL Energy Solutions, formerly Deep Down, is set to deliver subsea distribution manifolds to what it says is a prominent oil and gas company, for a project in West Africa. The scope of work includes engineering, procurement, fabrication,

about 1 year ago
ICS
Outlook & Strategy

International Chamber of Shipping selects next Secretary-General

The International Chamber of Shipping (ICS), an international trade association representing over 80% of the world’s merchant fleet, has appointed Thomas A. Kazakos as its next Secretary-General.

about 1 year ago
IMO
Outlook & Strategy

Monjasa gearing up to introduce LNG bunkering operations in UAE

Marine fuels supplier Monjasa has chartered its first dedicated LNG bunker vessel which is expected to be deployed in the United Arab Emirates (UAE) in January 2025.

about 1 year ago
Fugro takes its uncrewed subsea inspections to the Americas
Outlook & Strategy

Fugro takes its uncrewed subsea inspections to the Americas

Brazilian oil and gas giant Petrobras and Dutch geo-data specialist Fugro have signed a 175-day addendum to their current inspection, repair and maintenance (IRM) services contract to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil. Work will start in January

about 1 year ago
alternative
Outlook & Strategy

Global alternative-fueled ship fleet is on the rise, dictating new skillset

The number of vessels ordered with alternative-fueled capability is growing with 27 ammonia and 322 methanol-fueled vessels currently on the orderbooks, according to DNV’s Alternative Fuels Insights platform.

about 1 year ago
Shortly after reaching FID, Shell awards TechnipFMC with subsea contract for Nigerian project
Outlook & Strategy

TechnipFMC to deliver subsea production systems for Shell’s oil & gas project off Nigeria

UK-headquartered energy technology provider TechnipFMC has secured a contract with Shell to deliver subsea production systems for a deepwater oil and gas project off the coast of Nigeria for which the final investment decision (FID) was reported earlier today. As part of the contract with Shell Nige

about 1 year ago