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Outlook & Strategy

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Norway: Northern Lights starts injecting first CO2 from wastewater
Outlook & Strategy

Norway: Northern Lights starts injecting first CO2 from wastewater

The Northern Lights CO2 project in the Norwegian North Sea has started injecting the first biogenic CO2 from wastewater treatment delivered to the receiving terminal in Øygarden. Carbon removal company Inherit has delivered CO2 cargos to Northern Lights from Veas, Norway’s largest wastewater treatme

about 4 months ago
TotalEnergies and partner inaugurate 31 MW floating solar power plant in Belgium
Outlook & Strategy

TotalEnergies and partner inaugurate 31 MW floating solar power plant in Belgium

French energy giant TotalEnergies and Switzerland-headquartered sustainable construction player Holcim have inaugurated a floating solar power plant with a 31 MW capacity, located in Belgium. The plant, inaugurated on March 20, is located in Obourg on a former chalk quarry site that has been rehabil

about 4 months ago
Fast4Ward FPSO design; Source: SBM Offshore
Outlook & Strategy

SBM Offshore interview: Advancing future-ready FPSOs through standardization, robotics, AI and lower‑carbon solutions

While diving into the evolution journey of its offshore operations model and the implementation of its Fast4ward program, the Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has shed light on the key growth drivers

about 4 months ago
Wales introduces new deal to drive its renewable energy potential
Outlook & Strategy

Wales introduces new deal to drive its renewable energy potential

The Welsh government has launched the Renewable Energy Sector Deal, a strategic partnership between the government and industry, focused on ensuring that Wales meets its renewable energy targets and unlocking the full economic potential of its renewable energy future. Central to the Renewable Energy

about 4 months ago
ACSM’s offshore support vessel undergoing ‘major’ upgrade
Outlook & Strategy

ACSM’s offshore support vessel undergoing ‘major’ upgrade

ACSM, a Spanish provider of solutions for submarine cable installation, as of recently part of Prysmian Group, is carrying out a major upgrade of its 2003-built offshore support vessel (OSV). According to ACSM’s reports, the OSV Genesis is currently undergoing improvements and upgrades at the shipya

about 4 months ago
Illustration; Source: Westwood
Outlook & Strategy

Transocean, Noble, COSL, Seadrill, and Valaris pinpointed as rig backlog powerhouses

While taking a deep dive into the floater rig market and top floating rig managers based on the current total backlog for 2026, Westwood Global Energy, an energy market research and consultancy firm, has spotlighted five offshore drilling players – Transocean, Noble, COSL, Seadrill, and Valaris – as

about 4 months ago
MOL buying into Deutsche Offshore Schifffahrt and newbuild C-CSOVs
Outlook & Strategy

MOL buying into Deutsche Offshore Schifffahrt and newbuild C-CSOVs

Japanese shipping major Mitsui O.S.K. Lines (MOL) is acquiring a stake in Hamburg-based Deutsche Offshore Schifffahrt (DO), a joint venture with Schoeller Holdings, as well as shares in construction commissioning service operation vessels (C-CSOVs) currently under construction. The joint venture bet

about 4 months ago
UK: Lloyd’s Register certifies another remotely operated uncrewed vessel
Outlook & Strategy

UK: Lloyd’s Register certifies another remotely operated uncrewed vessel

Ireland-headquartered XOCEAN has received remotely operated uncrewed vessel (ROUV) certification for its X-30 vessel under the UK Workboat Code Edition 3 (WBC3). XOCEAN reported earlier this month that Lloyd’s Register (LR) had certified its X-30 ROUV under the UK Maritime and Coastguard Agency’s (M

about 4 months ago
Saipem’s subsea drone clears tests with Petrobras ahead of offshore deployment
Outlook & Strategy

Saipem’s subsea drone clears tests with Petrobras ahead of offshore deployment

Saipem’s underwater inspection drone (UID) FlatFish has completed a test campaign with Brazil’s oil & gas major Petrobras as part of a contract awarded in 2023, ahead of deployment in a real offshore environment. The functional acceptance tests (FAT) were held at Saipem’s underwater drone testing fa

about 4 months ago
Seabed clearance for second Malta-Italy interconnector to remove 393 targets
Outlook & Strategy

Seabed clearance for second Malta-Italy interconnector to remove 393 targets

The seabed clearance phase for the second electrical interconnector between Malta and Italy has begun, aiming to make the cable corridor route debris-free and safe for cable installation. Following the completion of the detailed marine route survey carried out by Italy’s Next Geosolutions (NextGeo),

about 4 months ago
Aker Solutions bags FEED contract for Lithuanian CO2 terminal
Outlook & Strategy

Aker Solutions bags FEED contract for Lithuanian CO2 terminal

Lithuanian liquefied natural gas (LNG) terminal operator KN Energies has awarded Aker Solutions with a front-end engineering and design (FEED) contract for its CO2 transshipment terminal infrastructure project in Klaipėda. The planned terminal is expected to have a capacity of approximately 2.8 mill

about 4 months ago
Norway-made adaptive mooring technology pilot installed at Portuguese testing site
Outlook & Strategy

Norway-made adaptive mooring technology pilot installed at Portuguese testing site

Oslo-headquartered Fred. Olsen 1848 has completed the pilot installation of automatic Tension Buoys at Europe’s first open-access laboratory dedicated to testing technologies for floating and hydro solar power generation, an adaptive mooring technology designed to ensure stability and performance fo

about 4 months ago
Training simulator in the making for Jan De Nul’s Fleeming Jenkin
Outlook & Strategy

Training simulator in the making for Jan De Nul’s Fleeming Jenkin

Jan De Nul has appointed the Dutch company Tree C Technology to develop a training simulator for its XL cable-laying vessel (CLV) Fleeming Jenkin. Jan De Nul placed an order for Fleeming Jenkin at China’s CMHI Haimen shipyard in October 2023, followed by an order for another identical vessel, named

about 4 months ago
Minesto’s microgrid-scale tidal energy powerplant begins producing in Faroe Islands
Outlook & Strategy

Minesto’s microgrid-scale tidal energy powerplant begins producing in Faroe Islands

Swedish tidal energy developer Minesto has begun production from its 100 kW microgrid-scale powerplant Dragon 4 to the Faroese grid. This is said to be a preparatory first step of the microgrid project, partly funded by the Swedish Energy Agency and in close collaboration with project partners, incl

about 4 months ago
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