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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsCollaborationExploration & ProductionOperations & MaintenanceProject & TendersAuthorities & GovernmentCarbon Capture Usage & StorageInfrastructureRegulation & PolicyTransitionPorts & LogisticsEquipmentInnovationMarket OutlooksResearch & DevelopmentTechnologyEnvironmentVesselsIT & Software
‘Important milestone’ for UK firm as it takes over the rains from Petrofac for North Sea FPSO and cluster
Outlook & Strategy

‘Important milestone’ for UK firm as it becomes operator of North Sea FPSO and cluster

Anasuria Operating Company (AOC) has replaced Petrofac as the installation and pipeline operator for a cluster and an FPSO in the North Sea.

about 4 years ago
An aerial photo of the Eneco Luchterduinen offshore wind farm in the Netherlands
Outlook & Strategy

In focus: More countries opting for renewables instead of fossil fuels

More and more countries around the world are preparing to shift to renewable energy and gradually quit the fossil fuel game with dozens of new commitments, projects, and initiatives announced in the week behind us.

about 4 years ago
Subsea Integration Alliance stays together for another seven years
Outlook & Strategy

Subsea Integration Alliance staying together for another seven years

Subsea 7 and Schlumberger have signed an agreement to renew the Subsea Integration Alliance for a further seven years and continue to jointly develop subsea solutions for deepwater developments. Subsea Integration Alliance is a non-incorporated alliance between Subsea 7 and OneSubsea, Schlumberger’s

about 4 years ago
Green Freeport bid to turn North East Scotland into “net-zero capital of Europe”
Outlook & Strategy

Green Freeport bid to turn North East Scotland into “net-zero capital of Europe”

A regional alliance, including Peterhead Port Authority, Port of Aberdeen, Aberdeen International Airport and Aberdeen City and Aberdeenshire councils, has launched its formal bid for Green Freeport status. It is estimated that the status will boost GVA by £7.5 billion (around $9.4 billion) over the

about 4 years ago
Illustration/University of Washington – Harris Hydraulics: Alice C. Tyler Flume (Courtesy of TEAMER Program)
Outlook & Strategy

TEAMER opens new call to support marine energy innovations

The Testing Expertise and Access for Marine Energy Research (TEAMER) program, supported by the US Department of Energy (DOE), has opened its seventh call for applications for marine energy developers.

about 4 years ago
JDR joins Science Based Targets initiative
Outlook & Strategy

JDR joins Science Based Targets initiative

UK’s JDR Cable Systems has joined the Science Based Targets initiative (SBTi) and has set targets to reduce its emissions and impacts. In its announcement, JDR stated that it is very motivated about plans to grow its business and deliver more cable products and services which will bring more renewab

about 4 years ago
Idle fleet reactivation on the rise as high oil prices spearhead offshore investments, Westwood says
Outlook & Strategy

Idle OSV fleet reactivation on the rise as high oil prices spearhead investments, Westwood says

Westwood reveals an uptick in offshore E&P investment and rig count with the demand for OSVs resulting in more idle fleets being reactivated.

about 4 years ago
Italy invests €700M to double interconnection with Greece as first link celebrates 20th birthday
Outlook & Strategy

Italy invests €700M to double interconnection with Greece as first link celebrates 20th birthday

Italian transmission system operator (TSO) Terna is planning to invest €700 million to double the electricity exchange capacity between Italy and Greece, expected to facilitate a higher integration of renewable sources. The plan was announced on the day that Terna celebrated 20 years of the first su

about 4 years ago
Port of Québec
Outlook & Strategy

RightShip backs Port of Québec’s emissions reduction initiative

Canada’s Port of Québec has decided to use a greenhouse gas (GHG) rating tool from maritime risk management agency RightShip to assess the emissions of ships entering its waters and offer discounts on port fees to vessels, dependent on their GHG rating and emission efficiency. According to RightShip

about 4 years ago
HelioRec’s floating solar system (Courtesy of HelioRec)
Outlook & Strategy

HelioRec teams up with Rexplorer for floating solar projects

French start-up HelioRec has partnered up with Estonian software company Rexplorer to accelerate the development of floating solar projects.

about 4 years ago
ABS, DSME, GasLog team up for carbon-neutral shipping
Outlook & Strategy

ABS, DSME, GasLog team up for carbon-neutral shipping

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME), classification society ABS and Greek LNG shipping services provider GasLog have joined forces to work towards carbon-neutral shipping. Specifically, the three companies signed a joint development project (JDP) focused on devel

about 4 years ago
MOL readies to trial biofuel on Panamax bulker
Outlook & Strategy

MOL readies to trial biofuel on Panamax bulker

MOL Drybulk, a group company of Mitsui O.S.K. Lines (MOL), will start sea trials of Panamax bulk carrier, chartered from ship owner Chugoku Sougyo, using biofuel in late June. For this trial, MOL signed a deal for biofuel supply with Chevron Singapore. Under the deal, about 500 tons of International

about 4 years ago
Empyrean Energy
Outlook & Strategy

Empyrean makes up its mind to drill ‘robust and large’ target off China

Empyrean has made up its mind to embark on the second phase of exploration drilling in Block 29/11 to drill another prospect offshore China.

about 4 years ago
Port of Long Beach
Outlook & Strategy

Port of Long Beach joins world’s 1st transpacific green shipping corridor

The US Port of Long Beach has signed on to the Shanghai-Los Angeles green shipping corridor, a partnership of C40 Cities, ports, shipping companies and cargo owners convened to create a zero-emissions trans-Pacific trade route.

about 4 years ago
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