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Outlook & Strategy

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'Key milestone' for converter stations destined for Scottish subsea links
Outlook & Strategy

‘Key milestone’ keeps Scottish subsea links on track for energization in 2030

SSEN Transmission and Hitachi Energy have signed initial work contracts for pre-construction work related to two Scottish subsea links, ensuring the projects remain on track for commissioning in 2030. The companies secured another key milestone in their partnership to provide a high voltage direct c

about 2 years ago
Houlder presents methanol bunkering vessel design for SPINE maritime project
Outlook & Strategy

Houlder presents methanol bunkering vessel design for SPINE maritime project

Houlder has announced progress in its involvement in the SPINE maritime project, with the design of a 10,000 cbm methanol bunkering vessel.

about 2 years ago
Document signing ceremony; Source: Staatsolie Maatschappij Suriname (Staatsolie)
Outlook & Strategy

Trinidad and Tobago looking to buy gas from Suriname’s offshore fields

Suriname’s Staatsolie and Trinidad and Tobago’s National Energy have signed a letter of intent (LoI) to cooperate in the area of natural gas.

about 2 years ago
Ammonia cuts shipping GHG emissions by up to 61%, study says
Outlook & Strategy

Ammonia cuts shipping GHG emissions by up to 61%, study says

An independent study, commissioned by SGMF, has revealed that GHG reductions of up to 61% are now achievable from using ammonia as a marine fuel.

about 2 years ago
Dutch company converts 2016-built multi-purpose support vessel for survey ops
Outlook & Strategy

Dutch company converts 2016-built multi-purpose support vessel for survey ops

Dutch survey company Deep BV has expanded its survey capacity with the conversion of a multi-purpose support vessel, built in 2016, into a survey vessel. Deep BV announced it had completed the conversion of the multi-purpose support vessel Miranda from Van Laar Maritime into a survey vessel, with fo

about 2 years ago
NEDO backs JERA’s study on hydrogen and ammonia in Thailand
Outlook & Strategy

NEDO backs JERA’s study on hydrogen and ammonia in Thailand

JERA’s survey of hydrogen and ammonia demand, and demonstration research to achieve stable operation of ammonia cracking equipment in Thailand has been selected as a New Energy and Industrial Technology Development Organization (NEDO) International Project.

about 2 years ago
Prysmian's Monna Lisa steps closer to delivery in early 2025
Outlook & Strategy

171-meter Prysmian cable layer steps closer to delivery with launch at VARD

Norwegian ship designer and shipbuilder VARD has launched Prysmian’s new cable laying vessel (CLV) Monna Lisa, sister ship to Leonardo da Vinci, coming a step closer to delivery in 2025. VARD has completed steel cutting, keel laying, generator installation, and hull erection on the 171-meter Monna L

about 2 years ago
To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind
Outlook & Strategy

To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind

Building on the joint delivery of several large data campaigns, Norway’s Shearwater GeoServices and Ireland-based XOCEAN have set up a strategic collaboration to provide integrated data solutions to the carbon capture and storage (CCS) and offshore wind markets. The collaboration will combine Shearw

about 2 years ago
Photo showing Minesto's DG100 tidal kite in Faroe Islands (Courtesy of Minesto)
Outlook & Strategy

Minesto and Sev renew power purchase agreement, adjusting energy price levels

Swedish tidal energy developer Minesto, and Faroese company Sev, have renewed and updated the power purchase agreement (PPA).

about 2 years ago
Yara opens 24 MW renewable hydrogen plant in Norway
Outlook & Strategy

Yara opens 24 MW renewable hydrogen plant in Norway

Norwegian Prime Minister Jonas Gahr Støre has inaugurated Yara International’s 24 MW renewable hydrogen plant at Herøya Industrial Park in Norway.

about 2 years ago
All clear for TGS and PGS merger
Outlook & Strategy

All clear for merger of Norwegian seismic firms

Following approval from the Norwegian Competition Authority, Norway-headquartered PGS and TGS have now received clearance for their merger from the UK Competition and Markets Authority (CMA), which is the final regulatory approval required. TGS and PGS announced their agreement on principal terms to

about 2 years ago
Transocean Enabler; Source: Transocean
Outlook & Strategy

Vår Energi all done with intra-group merger

Norway’s Vår Energi has completed the merger with its wholly-owned subsidiary Vår Energi Norge, previously known as Neptune Energy Norge.

about 2 years ago
Oceaneering expands collaboration with Petrobras with two 'significant' contracts
Outlook & Strategy

Oceaneering expands collaboration with Petrobras with two ‘significant’ contracts

U.S. technology company Oceaneering has expanded its cooperation with Brazilian oil and gas giant Petrobras by securing two contracts that will have an expected aggregate net revenue in the range of $120 million to $183 million. Oceaneering’s Manufactured Products segment won two contracts with Petr

about 2 years ago
European JV getting ready to kick off project seeking to revolutionize Senegal’s power infrastructure
Outlook & Strategy

European JV getting ready to kick off project seeking to revolutionize Senegal’s power infrastructure

A UK-Belgium joint venture established last year has begun vessel mobilization for a project in Senegal that is part of a program that aims to revolutionize the country’s power infrastructure and provide sustainable electricity to millions of people. Under a $200 million contract, UK’s Enshore Subse

about 2 years ago
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