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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersVesselsCollaborationGreen MarineTransitionVisionCertification & ClassificationInnovationRegulation & PolicyTechnologyAuthorities & GovernmentMarket OutlooksRules & RegulationInfrastructure
DOF to deploy four vessels for FSO replacement contract with TotalEnergies
Outlook & Strategy

DOF to deploy four vessels for FSO replacement contract with TotalEnergies

Norway’s DOF Group has won a contract it describes as large for subsea construction, mooring, disconnection of an existing floating storage and offloading unit (FSO) and connection of a replacement FSO for TotalEnergies. DOF will deliver engineering, transportation and installation of mooring system

25 days ago
NKT completes expansion of Danish power cable factory, over 100 new employees join
Outlook & Strategy

NKT completes expansion of Danish power cable factory, over 100 new employees join

Danish power cable manufacturer and installation firm NKT has completed the expansion of its medium-voltage (MV) power cable production facility in Asnaes, Denmark, where cable production has been ongoing since 1965. The expansion works began in September 2024 and include a new production hall, new

26 days ago
Shenzhen Port and Bureau Veritas partner up for green shipping corridor development
Outlook & Strategy

Shenzhen Port and Bureau Veritas partner up for green shipping corridor development

Shenzhen Port Group and Bureau Veritas Marine & Offshore have signed a strategic cooperation agreement to jointly advance the development of green shipping corridors. Under the agreement signed in Shenzhen, China, the parties plan to use their respective strengths and resources to deepen collaborati

26 days ago
DNV assessment clears Fred. Olsen 1848’s floating solar system for rougher conditions
Outlook & Strategy

DNV assessment clears Fred. Olsen 1848’s floating solar system for rougher conditions

Energy expert and assurance provider DNV has completed an independent technical review of Fred. Olsen 1848’s floating photovoltaic (FPV) concept designed to operate in rougher, more exposed wave conditions than conventional FPV solutions. “This Statement of Compliance represents a significant milest

26 days ago
Illustration; Source: Australian Energy Producers
Outlook & Strategy

Australia in need of new gas investments to ensure energy security

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has welcomed the 2026 Integrated System Plan (ISP) from the Australian Energy Market Operator (AEMO), which highlights the need for new gas investments to enable grid reliability.

26 days ago
Prelude FLNG; Source: Shell
Outlook & Strategy

Shell’s LNG forecast anticipates 65% surge in demand by 2050

UK-headquartered energy giant Shell is expecting an uptick in demand for liquefied natural gas (LNG) to nearly 700 million tonnes a year by 2050, following supply disruptions caused by the conflict in the Middle East, which was cushioned by North American supply growth.

27 days ago
‘World’s largest’ vertical continuous vulcanization tower under construction in US
Outlook & Strategy

‘World’s largest’ vertical continuous vulcanization tower under construction in US

LS GreenLink, the U.S. subsidiary of South Korean LS Cable & System, has started the construction of a 201-meter vertical continuous vulcanization (VCV) tower for cable insulation at its high-voltage direct current (HVDC) subsea cable factory in Virginia. The construction of the factory started in A

27 days ago
PTO module assembly starts for BiMEP-destined wave energy unit ahead of October deployment
Outlook & Strategy

PTO module assembly starts for BiMEP-destined wave energy unit ahead of October deployment

The first of three power take-off (PTO) modules for Carnegie Clean Energy’s CETO wave energy converter (WEC) has been delivered to SKF’s manufacturing facility in Germany, where final PTO assembly works are being carried out, before ocean deployment set for October. CETO is a fully submerged, point

28 days ago
Cable for Malta’s second interconnector with Sicily ready for installation
Outlook & Strategy

Cable for Malta’s second interconnector with Sicily ready for installation

Nexans has completed the manufacturing and factory acceptance testing (FAT) of 100 kilometers of subsea cable for the second electrical interconnector between Malta and Italy, with the cable now ready for load-out and installation. The IC2 interconnector will consist of a new 122-kilometer-long, 225

28 days ago
VARD delivers Japan-bound hybrid construction and cable laying vessel
Outlook & Strategy

VARD delivers Japan-bound hybrid construction and cable laying vessel

Norwegian ship designer and shipbuilder VARD has delivered a 151-meter-long hybrid construction and cable laying vessel (CLV) to Japanese Toyo Construction, destined for Japan’s offshore wind market. The vessel, named Discovery, was delivered on June 26 from Vard Langsten in Norway, where it was out

28 days ago
EPCI contract with Vår Energi among ‘largest awards in Ocean Installer’s history’
Outlook & Strategy

EPCI contract with Vår Energi among ‘largest awards in Ocean Installer’s history’

Norway’s Ocean Installer, a wholly owned subsidiary of Moreld Group, has secured a fast-track engineering, procurement, construction and installation (EPCI) contract with Vår Energi to execute all subsea umbilicals, risers, and flowlines (SURF) installation activities for the Balder Next New Wells p

28 days ago
A subsea cable stored on a carousel
Outlook & Strategy

Swedes expand cable capacity as part of long-term deal with NKT

Sweden’s Hexatronic Group is investing in a new production line for fiber-optic cables at its largest production site, as part of a long-term supply agreement with Danish power cable manufacturer and installation firm NKT. The new production line at the Hudiksvall facility will more than double the

28 days ago
First US subsea rock installation vessel nears inaugural offshore wind assignment
Outlook & Strategy

First US subsea rock installation vessel nears inaugural offshore wind assignment

Texas-headquartered Great Lakes Dredge & Dock Corporation (GLDD) has taken delivery of Acadia, the first U.S.-flagged, Jones Act-compliant subsea rock installation vessel (SRIV). GLDD ordered the vessel from Philly Shipyard, Inc. in 2021, with the first steel cut in July 2023 and the keel laid in Ma

about 1 month ago
Gjøa; Source: Vår Energi
Outlook & Strategy

TechnipFMC brings integrated approach to Vår Energi’s North Sea subsea projects

Norway’s oil & gas player Vår Energi has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract for subsea tie-back development projects in the North Sea. TechnipFMC reported on June 25 the iEPCI contract for the Ofelia and Gjøa Nord projects

about 1 month ago
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