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Outlook & Strategy

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AD Ports and Nimex break ground on LPG terminal hub at Khalifa Port
Outlook & Strategy

AD Ports and Nimex break ground on LPG terminal hub at Khalifa Port

UAE-based terminal operator AD Ports Group and Nimex Terminals, an affiliate of the global trading organization Nimex Petroleum Group, have broken ground on what is said to be the UAE’s first private-sector liquified petroleum gas (LPG) terminal hub, located at Khalifa Port. The LPG terminal hub, an

about 6 months ago
Ocean Sun's floating solar technology connected to offshore wind turbine in China (Courtesy of Ocean Sun)
Outlook & Strategy
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Norway: €710k public funding aims to advance floating solar tech performance

Norway’s Ocean Sun has secured NOK 8 million (around €710,000) in public funding for a project that aims to strengthen the long-term performance and reliability of its floating solar technology. The public funding was awarded for the Enhanced Environmental Resilience for OS FPV System (EROS) researc

about 6 months ago
Deep Value Driller drillship; Source: Deep Value Driller
Outlook & Strategy

Saipem loses drillship deal to higher bidder

Norwegian drillship owner Deep Value Driller has decided to sell its seventh-generation drillship Deep Value Driller to Eldorado Drilling after having received a higher bid, cancelling the recently announced sale agreement with Italy’s engineering, drilling, and construction services giant Saipem. I

about 6 months ago
Illustration: Odfjell Technology
Outlook & Strategy

Odfjell Technology buying majority stake in lightweight intervention and P&A businesses

UK-headquartered Odfjell Technology, a spin-off of Odfjell Drilling, has entered into agreements to acquire a majority stake in two businesses supporting lightweight intervention and plug and abandonment (P&A). Odfjell Technology will acquire a 70% ownership stake in Kaseum Holdings Limited and Razo

about 6 months ago
‘World-first’ as ammonia-fuelled two-stroke engine passes quality assurance
Outlook & Strategy

‘World-first’ as ammonia-fuelled two-stroke engine passes quality assurance

Swiss marine power company WinGD has completed what it says is the world’s first type approval (TAT) and factory acceptance testing (FAT) for an ammonia-fuelled two-stroke marine engine. Both TAT and FAT programs were completed last month, with testing of the X52DF-A-1.0 engine carried out at the HD

about 6 months ago
Critical HV components under construction in Türkiye for second Malta-Italy link
Outlook & Strategy

Critical HV components under construction in Türkiye for second Malta-Italy link

The production of critical high-voltage (HV) components for the second electrical interconnector between Malta and Italy has commenced in Türkiye. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna substation at Ragusa, Sic

about 6 months ago
Worley hops on board Denmark’s national hydrogen transmission network
Outlook & Strategy

Worley hops on board Denmark’s national hydrogen transmission network

Australia’s engineering player Worley has secured an engineering, procurement and construction management (EPCM) services contract with Danish national transmission system operator (TSO) Energinet for the country’s national hydrogen transmission network that will link large-scale green hydrogen prod

about 6 months ago
Kosmos Energy completes sale of production assets in Equatorial Guinea to Panoro; Source: Kosmos Energy via LinkedIn
Outlook & Strategy

Panoro buying Kosmos Energy’s production assets off Equatorial Guinea for up to $219.5M

U.S.-headquartered oil and gas exploration and production company Kosmos Energy has agreed to sell its 40.375% non-operating working interest in production assets offshore Equatorial Guinea to UK-headquartered independent E&P company Panoro Energy for up to $219.5 million. Panoro Energy is set to ac

about 6 months ago
Dutch wave energy device all good during first night at sea
Outlook & Strategy

Dutch wave energy device all good during first night at sea

A wave energy converter (WEC) developed by Wave Energy Collective (Weco) has spent its first night in the North Sea, with the Hague-based company confirming that everything worked as expected. Weco reported that its Kaizen 2.0 WEC had been deployed with an improved installation procedure and exposed

about 7 months ago
N-Sea’s new cable layer arrives in the Netherlands for final outfitting
Outlook & Strategy

N-Sea’s new cable layer arrives in the Netherlands for final outfitting

The hull of the dual-fuel cable installation and repair vessel destined for N-Sea Group has arrived from Poland at Neptune Marine’s yard in the Netherlands. The hull of the 100-meter-long cable-laying vessel (CLV) Altera was launched early in February in Poland, after which it started its journey fr

about 7 months ago
Four companies jointly bid to develop Britain’s first hydrogen network in the Humber
Outlook & Strategy

Four companies jointly bid to develop Britain’s first hydrogen network in the Humber

National Gas, Centrica, Equinor and SSE Thermal have launched a coordinated bid to develop Great Britain’s first regional hydrogen transport and storage network in the Humber. Together as Humber Hydrogen, the partners are looking to develop a network that would connect projects across Yorkshire and

about 7 months ago
‘First-ever’ remote operated landing crafts to be built in Malaysia
Outlook & Strategy

‘First-ever’ remote operated landing crafts to be built in Malaysia

Malaysia-headquartered offshore support vessel (OSV) provider Nam Cheong has been awarded shipbuilding contracts, valued at $64.5 million, for two dive support vessels (DSVs) and two remote operated landing crafts (ROLCs) by a UAE-based maritime logistics company, marking its first newbuild contract

about 7 months ago
Wärtsilä equipment ordered for China-built LNG bunkering vessel duo
Outlook & Strategy

Wärtsilä equipment ordered for China-built LNG bunkering vessel duo

Wärtsilä Gas Solutions, part of technology group Wärtsilä, has been appointed to supply its cargo handling and fuel gas supply systems for two LNG bunkering vessels that are under construction in China. The vessels have a capacity of 20,000 m3 and are currently being built at the Zhejiang XinLe Ship

about 7 months ago
Eco Wave Power’s pilot passes real-world sea conditions test
Outlook & Strategy

Eco Wave Power’s pilot passes real-world sea conditions test

Eco Wave Power’s wave energy project at Jaffa Port in Israel has continued strong energy production and demonstrated stable and reliable operation under real-world sea conditions in the first month of 2026, the company reported. The EWP-EDF One wave energy pilot project has maintained zero downtime,

about 7 months ago