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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsProject & TendersCollaborationInfrastructureInnovationRegulation & PolicyTransitionVisionResearch & DevelopmentTechnologyAuthorities & GovernmentRules & RegulationVesselsEquipmentOperations & Maintenance
Sulmara expands its services with new business line
Outlook & Strategy

Sulmara expands its services with new business line

Subsea specialist Sulmara has launched a new business line, expanding its services with the aim of reducing the risks clients face in subsea operations and helping them meet their net-zero targets. The new Route Development business line will see the company provide a range of support from the plann

about 2 years ago
Three partners unite for landmark hybrid wind-solar farm offshore Italy
Outlook & Strategy

Three partners unite for landmark hybrid wind-solar farm offshore Italy

Dutch-Norwegian floating solar developer SolarDuck, Italian independent asset manager Green Arrow Capital and New Developments s.r.l., an Italian developer, have agreed to collaborate on the development of an offshore hybrid wind-solar farm in the Gulf of Taranto offshore Italy. The three companies

about 2 years ago
HH2E and Siemens Energy forge green hydrogen ties
Outlook & Strategy

HH2E and Siemens Energy forge green hydrogen ties

German companies HH2E and Siemens Energy have partnered up to address the future green energy needs of HH2E, focusing specifically on the provision of high-voltage systems, power transformers and beyond, essential for the operation of HH2E’s large-scale green hydrogen production units across Germany

about 2 years ago
Canadian govt charts path for sustainable tidal energy development
Outlook & Strategy

Canadian govt charts path for sustainable tidal energy development

The Government of Canada has released the Tidal Energy Task Force’s final report to clarify regulatory requirements for tidal energy projects in the Bay of Fundy with the aim of defining the path for growth of the industry. The Government of Canada noted it was working with the province of Nova Scot

about 2 years ago
Illustration; Source: TotalEnergies
Outlook & Strategy

TotalEnergies inks 16-year LNG supply deal with Sembcorp

French energy major TotalEnergies and Sembcorp Fuels, a wholly-owned subsidiary of Singapore-based Sembcorp Industries, have signed a sale and purchase agreement (SPA) for the long-term LNG delivery to Sembcorp. Specifically, the deal entails the delivery of up to 0.8 million tons of LNG per annum (

about 2 years ago
After a year of active tendering, Subsea7's backlog hits year-end level last seen in 2013
Outlook & Strategy

After a year of active tendering, Subsea7’s backlog hits year-end level last seen in 2013

After another year of active tendering, Subsea7 secured $7.4 billion of contract awards in 2023, taking its backlog to $10.6 billion, a year-end level last seen in 2013. In its full-year 2023 financial report, Subsea7 reported revenue of $6 billion, an increase of $838 million or 16% compared to the

about 2 years ago
First UK-Germany link makes construction progress as it celebrates 6th anniversary
Outlook & Strategy

First UK-Germany link makes construction progress as it celebrates 6th anniversary

Siemens Energy and sub-contractor Jones Bros Civil Engineering are nearing completion of the enabling works for the UK converter station of NeuConnect, the first-ever energy link between the UK and Germany. The works have included the construction of a 50,000m2 platform for the new converter station

about 2 years ago
Idemitsu joins Proman and Mitsubishi for clean ammonia project in Louisiana
Outlook & Strategy

Idemitsu joins Proman and Mitsubishi for clean ammonia project in Louisiana

Japan’s Idemitsu Kosan has agreed with its compatriot Mitsubishi Corporation and Switzerland-based Proman to participate in the development of the proposed clean ammonia production project in Lake Charles, Louisiana, U.S. The project targets to produce approximately 1.2 million tons of ultra-low car

about 2 years ago
Superior Survey ROV that will perform subsea survey work. DeepOcean and Equinor
Outlook & Strategy

Equinor picks DeepOcean for pipeline inspections

Norway-based ocean services provider DeepOcean has won a contract with Equinor for the delivery of pipeline inspection and survey scopes on the operator’s pipelines in the North Sea. DeepOcean’s responsibilities include pipeline inspections, seabed mapping, ad-hoc pipeline surveys, and light constru

about 2 years ago
Nuvera
Outlook & Strategy

Nuvera Fuel Cells joins APOLO ammonia cracker technology project

Nuvera Fuel Cells, a Massachusetts-based provider of fuel cell power solutions, has announced its participation in the European Union-funded APOLO project.

about 2 years ago
Scarborough energy project’s Pluto Train 2 has achieved a major milestone with the first three modules now safely installed on site in Karratha, Western Australia; Source: Woodside
Outlook & Strategy

Woodside concludes long-term LNG supply deal with KOGAS

Australian energy major Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of liquefied natural gas (LNG) to Korea. Specifically, the SPA provides for the supply of approximately 0.5 million tons per annum of LNG for a period of 10.5 y

about 2 years ago
Eni hails Congo’s first LNG cargo
Outlook & Strategy

Eni hails Congo’s first LNG cargo

The Republic of Congo has now officially joined the group of LNG exporting countries with the production start-up at Eni’s Congo LNG project where the first LNG cargo is being prepared to sail to Piombino’s regasification terminal, in Italy, in the coming days. Eni announced the milestone on Februar

about 2 years ago
BLUE-X project team (at the kick-off at EOMAP’s Headquarter)
Outlook & Strategy

Seven European partners gather to develop decision support tool for offshore renewables

Seven European partners have teamed up for a project that will see the development of a satellite-based decision support tool to accelerate offshore renewable energy deployments. For upscaling offshore renewables, BLUE-X is set to deliver key data helpful for all five steps of the blue energy lifecy

about 2 years ago
Swedish wave energy firm on the hunt for financial head
Outlook & Strategy

After first phase of operations, CorPower Ocean’s wave energy device ‘proven at commercial scale’

CorPower Ocean’s C4 wave energy converter (WEC) has completed the first cycle of the ocean commissioning program at the Agucadoura site in northern Portugal. Now proven at commercial scale, at the exposed Atlantic test site, CorPower said that the C4 device had demonstrated a unique ability to tune

about 2 years ago
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