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Outlook & Strategy

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Another local company comes onboard Indonesian natural gas project
Outlook & Strategy

Another local company comes onboard Indonesian natural gas project

West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas firm Conrad Asia Energy, has awarded PT PAL Indonesia with an engineering, procurement, construction and transport contract for the conductor support frame (CSF) for its natural gas field in th

about 1 month ago
Methanol-ready subsea vessel traveling from Vietnam to Norway for completion
Outlook & Strategy

Methanol-ready subsea vessel traveling from Vietnam to Norway for completion

Rem Offshore’s second energy subsea construction vessel (ESCV) is currently on its way from Vietnam to Norway, where it will undergo outfitting and final completion. The Norwegian shipping company reported that REM Ocean was delivered from the hull yard in Song Cam, Vietnam, on June 15. The tow star

about 1 month ago
Fortescue, CMB.TECH in zero-emissions shipping deal for 12 ammonia-capable vessels
Outlook & Strategy

Fortescue, CMB.TECH in zero-emissions shipping deal for 12 ammonia-capable vessels

Australian green technology, energy, and metals company Fortescue is set to charter a fleet of 12 ammonia-capable vessels from Bocimar, CMB.TECH’s dry bulk shipping operator, under a newly signed agreement. Fortescue will charter 12 Newcastlemax dry bulk vessels (210,000 dwt), with up to three to be

about 1 month ago
Shearwater Geoservices to start 2025 in Ghana
Outlook & Strategy

Shell-Equinor joint venture hires Shearwater for more work

Adura Operations, an incorporated joint venture (IJV) between the UK’s Shell and Norway’s Equinor, has awarded Norwegian Shearwater GeoServices with more work. Shearwater has been selected to carry out a 4D towed streamer seismic acquisition project for the Mariner field in the UK North Sea using it

about 1 month ago
Illustration/The 2MWp floating solar system at Banja reservoir in Albania (Courtesy of Ocean Sun)
Outlook & Strategy

Ocean Sun leading floating solar-desalination demonstrator in Canary Islands

Norway’s Ocean Sun has secured approximately NOK 2.1 million (around €193,000) in EU funding for a floating solar demonstrator project in La Palma, one of Spain’s Canary Islands. The 310 kWp La Palma demonstrator, located at the port of Tazacorte, will combine renewable energy from an Ocean Sun FPV

about 1 month ago
EnerMech delivers offshore pipeline scope for ExxonMobil Australia
Outlook & Strategy

EnerMech delivers offshore pipeline scope for ExxonMobil Australia

Aberdeen-headquartered integrated solutions specialist EnerMech has completed a cleaning and preparation scope on an offshore pipeline on behalf of Esso Australia Resources, a wholly-owned subsidiary of ExxonMobil Australia. EnerMech performed the scope on the Bass Strait pipeline system in the Gipp

about 1 month ago
Norwegian firm rigging vessel for CSEM campaign
Outlook & Strategy

Norwegian firm rigging vessel for CSEM campaign

Following newly signed contracts with a combined value of approximately $6 million, Norway’s Electromagnetic Geoservices (EMGS) is preparing a former seismic vessel for an upcoming controlled-source electromagnetic (CSEM) campaign in Norwegian waters. EMGS reported on June 16 that it was rigging the

about 1 month ago
N-Sea workers in their flourescent equipment
Outlook & Strategy

New CEO takes over at N-Sea

Dutch integrated subsea solutions service provider N-Sea Group has appointed former Chief Operating Officer (COO) Pim Nelemans as its new Chief Executive Officer (CEO) after Martin Adler stepped down. Adler, who was the company’s CEO over the past five years, will remain as N-Sea’s shareholder and C

about 1 month ago
ABL Group brings back Aqualis name to distinguish from subsidiary
Outlook & Strategy

ABL Group brings back Aqualis name to distinguish from subsidiary

Oslo-listed international consultancy group ABL Group is rebranding and will be renamed Aqualis. The new name derives from the original Aqualis Offshore, founded in 2012 and listed on the Oslo Stock Exchange in 2014. The group consists of four operating brands, including energy and marine consultanc

about 1 month ago
Bourbon goes to Ghana under multi-month subsea contract
Outlook & Strategy

Bourbon goes to Ghana under multi-month subsea contract

French maritime services player Bourbon has won a multi-month subsea services contract offshore Ghana, in what the company describes as one of its core operating regions. Bourbon will deploy its multi-purpose support vessel (MPSV) Bourbon Evolution 802, equipped with two work-class HD remotely opera

about 1 month ago
12-meter USV class secures MCA’s certification
Outlook & Strategy

12-meter USV class secures MCA’s certification

UK designer and manufacturer of uncrewed surface vessels (USVs) ZeroUSV has secured certification from the UK Maritime and Coastguard Agency for its Oceanus12 class of USVs that demonstrates that it meets the safety, operational and technical requirements established under the MCA Workboat Code Edit

about 1 month ago
Mermaid Maritime sets up joint venture in Singapore to reactivate existing vessel
Outlook & Strategy

Mermaid Maritime sets up joint venture in Singapore to reactivate existing vessel

Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has established a joint venture (JV) company in Singapore to serve as the investment and operating vehicle for the reactivation and subsequent commercial deployment of an existing offshore su

about 1 month ago
First of five methanol retrofits completed under Seaspan and Hapag-Lloyd’s collab
Outlook & Strategy

First of five methanol retrofits completed under Seaspan and Hapag-Lloyd’s collab

Maritime asset ownership and management firm Seaspan Corporation and German container shipping major Hapag-Lloyd have completed the first of five vessel conversions under their methanol retrofit program. Following the delivery of Seaspan Yangtze, the remaining vessels planned for retrofit are Seaspa

about 1 month ago
Viridien names new CEO after eight years
Outlook & Strategy

Viridien names new CEO after eight years

The Board of Directors of French geophysical services company Viridien has appointed Henning Berg as the company’s new Chief Executive Officer (CEO) and Director. Viridien‘s Board of Directors appointed Berg as CEO following the general meeting held on June 3, succeeding Sophie Zurquiyah, who will r

about 1 month ago
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