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Illustration/ SIMEC Atlantis’ AR1500 tidal turbine for MeyGen project off Scotland (Courtesy of SIMEC Atlantis)
Outlook & Strategy

Crown Estate Scotland seeks consultants to manage wave and tidal energy operators panel

Crown Estate Scotland has launched a tender for a consultant that would act as the manager of wave and tidal energy operators panel.

about 3 years ago
Buzzard oil and gas field in the UK North Sea; Source: CNOOC Petroleum Europe
Outlook & Strategy

In the midst of industrial unrest in UK’s oil & gas sector, CNOOC inks ‘significant recognition’ deal

The UK’s Unite the union has secured – what it deems as – a recognition deal with CNOOC Petroleum Europe Limited (CNOOC).

about 3 years ago
Artist’s impression of QED Naval’s next-gen Subhub-ID tidal platform (Courtesy of QED Naval)
Outlook & Strategy

QED Naval invites bids for Subhub tidal energy industrial demonstrator

Scottish marine energy specialist QED Naval has invited potential tenderers to participate in an opportunity to be a strategic partner in developing its next generation Subhub industrial demonstrator platform for tidal energy generation.

about 3 years ago
SHI reveals new LNG carriers and containerships designs
Outlook & Strategy

SHI reveals new LNG carriers and containerships designs

South Korea’s shipbuilder Samsung Heavy Industries (SHI) has announced the development of innovative LNG carriers and containerships during the “Samsung Technical Seminar in Athens” (Samsung Technology Road Show) in Athens, Greece. The company unveiled its “3 Cargo Tank LNGC” and “Eco Container Ship

about 3 years ago
HMM Nuri
Outlook & Strategy

Report: HMM linked to potential acquisition of Hyundai LNG Shipping

South Korean shipping behemoth HMM has reportedly entered the fray in the race to acquire Hyundai LNG Shipping, the nation’s leading transporter of liquefied natural gas (LNG). Market reports indicate that HMM has made its intentions known to IMM Private Equity, expressing its desire to conduct due

about 3 years ago
After Brazil, Equinor appoints TechnipFMC for work offshore Norway
Outlook & Strategy

After Brazil, Equinor appoints TechnipFMC for work offshore Norway

TechnipFMC has secured what it describes as a “significant” contract with Equinor to provide riserless light well intervention (RLWI) services on the Norwegian Continental Shelf (NCS). Under the agreement, TechnipFMC will provide production enhancement, production data, and pre-plug-and-abandonment

about 3 years ago
EMEC secures funding for hydrogen innovation and development projects
Outlook & Strategy

EMEC secures funding for hydrogen innovation and development projects

European Marine Energy Centre (EMEC) has won funding, totalling over £500,000 (around $623,000), for four feasibility projects supporting green hydrogen innovation and development. More specifically, the funding is expected to be used to conduct feasibility studies supporting the development of nove

about 3 years ago
More time for UK oil & gas firm to get funding for purchase of North Sea license
Outlook & Strategy

‘No guarantee sale will be completed’ as UK firm faces another delay in purchase of North Sea license

United Oil & Gas (UOG) has agreed to give more time to UK-headquartered oil and gas company Quattro Energy to secure funding for the purchase of a license in the UK Central North Sea that includes an existing hydrocarbon discovery. The two parties entered into a binding asset purchase agreement (APA

about 3 years ago
MSC, LR, MAN, ammonia containership
Outlook & Strategy

MSC charts course for ammonia-powered containership with industry majors

The world’s largest container shipping company Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (Mou) with Lloyd’s Register (LR), Shanghai Merchant Ship Design & Research Institute (SDARI) and MAN Energy Solutions (MAN-ES) for a design for the ammonia dual-fuel operation

about 3 years ago
Subsea 7's 2024 graduate program opens for applications
Outlook & Strategy

Subsea 7’s 2024 graduate program opens for applications

Subsea 7 has launched applications for its two-year engineering graduate program for next year which takes place in the French capital. According to Subsea 7, the Graduate Engineer Development Scheme (GEDS) involves both on and off-the-job development and exposes graduates to a variety of engineerin

about 3 years ago
Women in maritime
Outlook & Strategy

Happy Women in Maritime Day: Time to navigate the unresolved challenges

The International Maritime Organization (IMO) International Day for Women in Maritime is celebrated annually on the 18th of May and aims to honour women in the industry and encourage recruitment, retention and continued employment in the sector. This is the second International Day for Women in Mari

about 3 years ago
Sembcorp plans new multi-utilities centre with hydrogen-ready power plant
Outlook & Strategy

Sembcorp plans new multi-utilities centre with hydrogen-ready power plant

Singapore-based energy solutions provider Sembcorp Industries (Sembcorp) has revealed plans to develop a new multi-utilities centre which will include a 600 MW hydrogen-ready power plant on Jurong Island. According to Sembcorp, the new multi-utilities centre will supply power, steam, firewater and d

about 3 years ago
MSC Noa Ariela
Outlook & Strategy

MSC sets record as 1st ocean carrier to hit 5 mil TEU in fleet capacity

In a groundbreaking milestone for the global shipping industry, Mediterranean Shipping Company (MSC) has emerged as the first ocean carrier to surpass a staggering 5 million TEU (twenty-foot equivalent units) in fleet capacity, as confirmed by analysts at Alphaliner. The impressive feat highlights M

about 3 years ago
Saudi giant creates new leadership positions to drive growth plans
Outlook & Strategy

Saudi giant creates new leadership positions to drive growth plans

Saudi state-owned oil and gas giant Aramco has appointed presidents of its upstream and downstream businesses to support the company’s growth plans. Aramco has appointed Nasir K. Al-Naimi as President of its Upstream business and Mohammed Y. Al Qahtani as President of its Downstream business, both r

about 3 years ago
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