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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsInfrastructureProject & TendersVesselsCollaborationGreen MarinePorts & LogisticsTransitionVisionExploration & ProductionAuthorities & GovernmentRegulation & PolicyCarbon Capture Usage & StorageStorageEnvironmentInnovation
Técnicas Reunidas tasked with work for second phase of Canadian natural gas pipeline
Outlook & Strategy

Técnicas Reunidas tasked with work for second phase of Canadian natural gas pipeline

LNG Canada, a joint venture between Shell, Petronas, PetroChina, Mitsubishi Corporation, and KOGAS, has awarded engineering company Técnicas Reunidas with a contract for front-end engineering design (FEED) services for Phase 2 of Coastal GasLink, located in British Columbia, on Canada’s west coast,

about 3 months ago
Norwegian shipowner finalizes sale of 2016-built PSV
Outlook & Strategy

Norwegian shipowner finalizes sale of 2016-built PSV

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has completed the sale of its 2016-built platform supply vessel (PSV), announced earlier this month. GEOS announced on March 12 that its subsidiary Energy Passion AS had signed a binding sales agreement for the PSV Energy Pas

about 3 months ago
Lithuanian port home to first joint bio-LNG bunkering in Europe
Outlook & Strategy

Lithuanian port home to first joint bio-LNG bunkering in Europe

Low-carbon fuel solutions provider Anew Climate and Avenir, a provider of LNG and bio-LNG for the maritime sector, have performed Europe’s first joint liquefied biomethane (bio-LNG) bunkering operation. During the operation performed at the LNG terminal in the Port of Klaipėda, Lithuania, operated b

about 3 months ago
BW Energy inks sale and leaseback deal for jack-up drilling rig
Outlook & Strategy

BW Energy inks sale and leaseback deal for jack-up drilling rig

Oslo-listed oil and gas E&P player BW Energy has signed a sale and leaseback agreement with China’s Minsheng Financial Leasing (MSFL) for a jack‑up drilling rig. BW Energy will receive an $80 million cash consideration, strengthening financial flexibility while maintaining continued access to the Ja

about 3 months ago
Malta opens call to probe renewable energy import from North Africa
Outlook & Strategy

Malta opens call to probe renewable energy import from North Africa

Malta’s fully government-owned company Interconnect Malta (ICM) has launched a preliminary market consultation (PMC) to gather information from the market on the feasibility of large-scale importing of renewable energy from North Africa to Malta via a cable link. The PMC is seen as a formal, non-bin

about 3 months ago
CCUS
Outlook & Strategy

Chiyoda, NYK and KNCC jointly pursuing global carbon capture and storage projects

Japanese engineering company Chiyoda Corporation, compatriot shipping major Nippon Yusen Kabushiki Kaisha (NYK Line), and its Norway-headquartered affiliate Knutsen NYK Carbon Carriers (KNCC) have signed a memorandum of understanding (MOU) to collaborate on carbon capture and storage (CCS) projects

about 3 months ago
Vietnamese player’s ‘super rig’ ready for drilling
Outlook & Strategy

Vietnamese player’s ‘super rig’ ready for drilling

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has held the naming ceremony for a multi-purpose jack-up rig it purchased from U.S.-headquartered offshore drilling contractor Noble Corporation in 2025. PV Drilling held a naming ceremony for PV DRILLING IX, which it describes

about 4 months ago
Man pointing at offshore platform
Outlook & Strategy

TotalEnergies’ upstream merger with NEO NEXT crosses finish line

The merger between TotalEnergies’ UK North Sea upstream oil & gas business and NEO NEXT has been completed, resulting in what the French energy giant says is the largest independent oil & gas producer in the UK. To remind, the partners signed an agreement in December 2025 under which TotalEnergies w

about 4 months ago
History written as CCS technology starts operating on board FPSO
Outlook & Strategy

History written as CCS technology starts operating on board FPSO

Malaysia’s Yinson Production has put into operation the carbon capture and storage (CCS) unit onboard its floating production, storage, and offloading (FPSO) vessel Agogo, said to be the world’s first post-combustion CO2 capture plant installed on an offshore facility. The milestone is said to be th

about 4 months ago
Two new campaigns with Equinor to keep Reach Subsea’s USV at work
Outlook & Strategy

Two new campaigns with Equinor to keep Reach Subsea’s USV at work

Norway’s Reach Subsea has secured two new call‑offs under its frame agreement with compatriot state-owned energy firm Equinor which will see its uncrewed surface vessel (USV) Reach Remote 1 deployed for gas reservoir monitoring and subsea inspection, maintenance and repair (IMR) services on the Norw

about 4 months ago
Oil-to-CO2 storage wells begin transformation journey offshore Denmark
Outlook & Strategy

Oil-to-CO2 storage wells begin transformation journey offshore Denmark

North Sea wells originally used for oil production are currently being prepared for CO2 storage as part of the Greensand Future project in Denmark, which will store carbon dioxide in the Nini West field located approximately 240 kilometers northwest of Esbjerg. To remind, in December 2022, Project G

about 4 months ago
New joint project aims to bring subsea chemical storage technology to deployment
Outlook & Strategy

New joint project aims to bring subsea chemical storage technology to deployment

Oilfield services company NOV has launched a joint industry project (JIP) with Norwegian state-owned energy firm Equinor and Brazil’s oil & gas company Petrobras to work together on qualifying subsea chemical storage technology toward field deployment. The JIP is progressing an up to 200m3 subsea st

about 4 months ago
WATCH: Rem Offshore’s methanol-ready energy subsea construction vessel in the water
Outlook & Strategy

WATCH: Rem Offshore’s methanol-ready energy subsea construction vessel in the water

The second energy subsea construction vessel (ESCV) being built for Norwegian shipping company Rem Offshore at a shipyard in Vietnam has been launched into the water. REM Ocean, for which the steel-cutting ceremony was held in February 2025 and keel laid in July, will, once completed at Myklebust Sh

about 4 months ago
IKM Testing to gauge pipeline for first offshore CCS project in UK
Outlook & Strategy

IKM Testing to gauge pipeline for first offshore CCS project in UK

North east Scotland-based IKM Testing UK has been appointed to deliver pipeline pre-commissioning services for the UK’s first offshore carbon capture and storage (CCS) project, being developed on England’s east coast. Developed some 75 kilometers east of Flamborough Head, the Northern Endurance Part

about 4 months ago
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