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Outlook & Strategy

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Aker Solutions lands major five-year contract for key Aker BP assets off Norway
Outlook & Strategy

Aker Solutions lands major five-year contract for key Aker BP assets off Norway

Aker Solutions has secured a five-year contract with Aker BP for maintenance, modification and operation services (MMO) across all of its key assets on the Norwegian Continental Shelf (NCS). The work will be executed within the next-generation MMO alliance covering Valhall, Fenris, Ula, EIGA (Edvard

about 7 months ago
China-built methanol dual-fuel container vessel ready for charter with Maersk
Outlook & Strategy
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China-built methanol dual-fuel container vessel ready for charter with Maersk

Japan’s Tsuneishi Shipbuilding has delivered a methanol dual-fuelled container vessel at its shipyard in China that will go on a charter with Denmark-based container shipping giant A.P. Moller – Maersk. The methanol dual-fuelled 5,900 TEU type container carrier was delivered by Tsuneishi Group (Zhou

about 7 months ago
France plans 250 MW tidal energy rollout by 2030 in new energy strategy
Outlook & Strategy

France plans 250 MW tidal energy rollout by 2030 in new energy strategy

The French Government is planning to have 250 MW of tidal energy capacity awarded by 2030, as part of the third edition of the country’s energy strategy on the way towards carbon neutrality by 2050. The Publication Pluriannuelle de l’Energie (Multiannual Energy Programme (PPE)) includes commercial t

about 7 months ago
WATCH: Island Offshore’s hybrid ocean energy construction vessel launches in Romania
Outlook & Strategy

WATCH: Island Offshore’s hybrid ocean energy construction vessel launches in Romania

Norwegian shipbuilder VARD has launched into the water the first of two hybrid power ocean energy construction vessels (OECVs) it is building for compatriot shipping group Island Offshore. The vessel, marked NB 977, touched the water at Vard Shipyards Romania – Brăila on February 9, with outfitting

about 7 months ago
Hunting strengthens its subsea arsenal with new acquisition
Outlook & Strategy

Hunting strengthens its subsea arsenal with new acquisition

London-headquartered energy services provider Hunting has acquired compatriot Flexible Engineered Solutions (FES), a move made to strengthen its subsea growth and support the company’s 2030 ambitions. FES is based in Ashington and is focused on the design, manufacture, and testing of highly engineer

about 7 months ago
Alfa Laval-Wallenius Lines JV bags its first order for wind propulsion
Outlook & Strategy

Alfa Laval-Wallenius Lines JV bags its first order for wind propulsion

Oceanbird, a joint venture (JV) between Swedish marine technology company Alfa Laval and shipping company Wallenius Lines, has received its first order for wind propulsion from an undisclosed shipowner. The shipowner placed an order for two Oceanbird Wing 560 wing sails that are contracted for a ret

about 7 months ago
New UK tidal energy capacity – What we know so far
Outlook & Strategy

New UK tidal energy capacity – What we know so far

Inyanga Marine Energy Group’s HydroWing Tidal Energy Projects has secured a contract for an additional 10 MW of capacity in the UK government’s Contracts for Difference (CfD) Allocation Round 7 (AR7) for what will, once fully developed, become the world’s largest tidal energy project. Of note, the U

about 7 months ago
Subsea interconnector between two Canary Islands crosses finish line (Video)
Outlook & Strategy

Subsea interconnector between two Canary Islands crosses finish line (Video)

Spanish transmission system operator (TSO) Red Eléctrica has completed the interconnection between the islands of Tenerife and La Gomera in Spain, reinforcing the security of supply in the Canary Islands. The interconnection consists of a 66 kV double-circuit line, with a 36-kilometer underwater sec

about 7 months ago
Survey underway at Italy’s first CCS project
Outlook & Strategy

Survey underway at Italy’s first CCS project

An offshore geophysical monitoring survey has commenced at the first carbon capture and storage (CCS) project in Italy, which will use depleted natural gas fields in the Adriatic Sea for the storage of CO2 from industrial districts. Bologna-based offshore survey and geoscience company Lighthouse Geo

about 7 months ago
Illustration; Source: IPTO
Outlook & Strategy

EIB and Greek TSO agree on €1.9B financing for Dodecanese interconnection

The European Investment Bank (EIB) and Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO) have signed a deal for €1.9 billion financing for the development of an interconnector that will eliminate the electrical isolation of the islands of Kos, Rhodes and Karp

about 7 months ago
Port of Immingham becomes home to UK’s first commercial biomethanol bunkering service
Outlook & Strategy

Port of Immingham becomes home to UK’s first commercial biomethanol bunkering service

The UK’s first commercially ready bio-methanol storage and supply service for shipping has been launched at the Port of Immingham, the largest port by cargo volume in the UK, as part of efforts to advance decarbonization in maritime transport. The three-partite partnership of Exolum, Methanex Corpor

about 7 months ago
Prysmian acquires Spanish firm for €169 million
Outlook & Strategy

Prysmian acquires Spanish firm for €169 million

Italian cabling giant Prysmian Group has completed the acquisition of ACSM, a Spanish provider of solutions for submarine cable installation, including subsea surveying, route planning and seabed preparation. Based in Vigo, ACSM has been operating for over 20 years across 60 countries, with over 350

about 7 months ago
Canada
Outlook & Strategy

Marine energy ‘key pillar’ in Canada’s clean energy transition, 2050 roadmap states

Marine Renewables Canada (MRC) has published a national roadmap that outlines how offshore wind, tidal, wave, and river current energy can help meet Canada’s surging electricity demand, projected to increase two to threefold by 2050, with marine renewable energy seen as a key pillar of the country’s

about 7 months ago
TGS at work offshore Africa and in US Gulf
Outlook & Strategy

TGS at work offshore Africa and in US Gulf

Norwegian energy data and intelligence company TGS has commenced two new offshore acquisition campaigns, one in Angola and the other in the Gulf of America. In a strategic collaboration, TGS and SLB announced on February 10 the launch of Engagement 9, the latest phase of the companies’ ocean bottom

about 7 months ago