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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsMarket OutlooksProject & TendersTransitionVesselsAuthorities & GovernmentCollaborationEquipmentInfrastructureRegulation & PolicyTechnologyVisionResearch & DevelopmentExploration & ProductionRules & RegulationEnvironmentGreen MarineInnovation
Prysmian
Outlook & Strategy

With new orders of €13 billion in the bag, Prysmian pinpoints energy transition and electrification as growth drivers

Prysmian Group has revealed strong results for the first nine months of 2023, with new orders year-to-date amounting to approximately €13 billion.

about 2 years ago
The 192MWp Cirata floating solar power plant (Courtesy of Sungrow FPV)
Outlook & Strategy

The largest floating solar power plant in Southeast Asia comes online

The 192MWp floating solar plant, developed by Indonesia’s state-owned utility company PLN and Abu Dhabi Future Energy Company – Masdar, has been put in operation at Cirata hydropower reservoir in West Java, Indonesia.

about 2 years ago
Makai's OTEC plant (Courtesy of Makai Ocean Engineering)
Outlook & Strategy

Makai Ocean Engineering teams up with Shell to advance OTEC tech

Makai Ocean Engineering has signed an agreement with Shell Technology – Marine Renewable Program to further develop and test potentially transformative proprietary technologies that advance the engineering and economic viability of an offshore ocean thermal energy conversion (OTEC) system.

about 2 years ago
Deep Wind Offshore Hy2gen green hydrogen offshore wind
Outlook & Strategy

Deep Wind Offshore and Hy2gen form green hydrogen partnership

Deep Wind Offshore has joined forces with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. “The combination of offshore wind and hydrogen has got massive potential. It is not possible to achieve net zero without green energy carriers, who will need a massive amount of renewa

about 2 years ago
Damen
Outlook & Strategy

Damen, Bawat strengthen ties in mobile BWMS

Damen Green Solutions and Bawat A/S have announced a new joint venture to develop and market “the world’s greenest” mobile BWMS.

about 2 years ago
Chevron, Angola government looking into lower carbon business opportunities
Outlook & Strategy

Chevron, Angola government looking into lower carbon business opportunities

Chevron New Energies, a Chevron U.S. division, and the government of Angola have signed a memorandum of understanding (MoU) to explore potential lower carbon business opportunities in Angola. The signature was hosted in October 2023 in Luanda, Angola, by Cabinda Gulf Oil Company Limited (CABGOC), Ch

about 2 years ago
UK oil & gas firm obtains approval to buy stake in two blocks off Angola
Outlook & Strategy

UK oil & gas firm obtains approval to buy stakes in Angolan offshore blocks

UK-headquartered Afentra, through its wholly-owned subsidiary Afentra (Angola) Ltd., has received approval from the Government of Angola for the acquisition of interests in two blocks offshore Angola from state-owned oil and gas company Sonangol. Afentra announced it had received the approval for th

about 2 years ago
MMA Offshore boosts its fleet with 2016-built multi-purpose support vessel
Outlook & Strategy

MMA Offshore boosts its fleet with 2016-built multi-purpose support vessel

MMA Offshore has acquired a 2016-built multi-purpose support vessel from Australia’s Guardian Offshore. The Offshore Solution is a European-built, 54-meter DP-2 multi-purpose support vessel fitted with two deck cranes, dual moon pools and accommodation for 42 people. According to MMA, it is suitable

about 2 years ago
Reach Subsea inks charter contract for low-emission survey vessel
Outlook & Strategy

Reach Subsea inks charter contract for low-emission survey vessel

Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine

about 2 years ago
Nexans to link Orkney Islands to Scottish mainland
Outlook & Strategy

Nexans to link Orkney Islands to Scottish mainland

SSEN Transmission has selected Nexans to supply and install the high-voltage cables that will provide a transmission link from the Orkney Islands to the Scottish Highlands. A capacity reservation agreement has been signed and Nexans has committed to reserve manufacturing and installation capacity fo

about 2 years ago
Neoline
Outlook & Strategy

Neoline: Construction starts on first sailing cargo ship

The construction has begun on the first sailing roll-on/roll-off (RoRo) vessel ordered by French startup Neoline Armateur.

about 2 years ago
Siemens Energy & Air Liquide inaugurate electrolyzer factory in Germany
Outlook & Strategy

Siemens Energy & Air Liquide inaugurate electrolyzer factory in Germany

German Siemens Energy and French Air Liquide have held an inauguration ceremony for their new gigawatt electrolyzer factory in Berlin, Germany. The ceremony for the series production of the hydrogen technology was held in the presence of German Chancellor Olaf Scholz, German Economics Minister Rober

about 2 years ago
Spirit Energy gives more work to Well-Safe Solutions rig
Outlook & Strategy

Spirit Energy gives more work to Well-Safe Solutions rig

Aberdeen-based decommissioning services provider Well-Safe Solutions has signed an agreement with Spirit Energy to add a well to the existing scope of the Well-Safe Defender semi-submersible rig. The expanded scope will include a well from the Appleton field located 160 miles east of Dundee, origina

about 2 years ago
Illustration/Minesto's Dragon 12 tidal energy kite (Screenshot/Video by Minesto)
Outlook & Strategy

Minesto’s 1.2MW tidal energy device on its way to Faroe Islands

Swedish company Minesto has completed the onshore testing on its tidal energy kite system Dragon 12, which is now being shipped for installation and commissioning in Faroe Islands.

about 2 years ago
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