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Outlook & Strategy

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Source: Mermaid Subsea Services (UK)
Outlook & Strategy

Mermaid Subsea wraps up another North Sea well intervention

Aberdeen-headquartered Mermaid Subsea Services (UK) has completed a well intervention on the Teal P2 well in the UK Central North Sea on behalf of Anasuria Operating Company (AOC). According to Mermaid Subsea Services, the operation, carried out from the Island Valiant vessel, focused on delivering

about 1 year ago
Aerial view of an LNG terminal
Outlook & Strategy

LNG as double engine for change: coal phaseout in Asia, net-zero gains worldwide

Liquefied natural gas (LNG) can play a key role in speeding up Asia’s transfer from coal to more renewable sources in power generation and help the region–and consequently, the world–meet its decarbonization objectives, a new study by S&P Global Commodity Insights (SPGCI) has found.

about 1 year ago
Norway’s Møre Sjø orders hydrogen-powered bulk carrier duo
Outlook & Strategy

Norway’s Møre Sjø orders hydrogen-powered bulk carrier duo

Norwegian shipping company Møre Sjø has placed an order for the construction of two emission-free hydrogen-powered bulk carriers and secured bunker supplies from compatriot hydrogen producer GreenH.

about 1 year ago
Wison and Sungrow launch new integrated system for green hydrogen production
Outlook & Strategy

Wison and Sungrow launch new integrated system for green hydrogen production

Wison Engineering and Sungrow Hydrogen have officially launched MegaFlex – a large-scale turnkey solution for green hydrogen production.

about 1 year ago
Pictured left to right are Allison Weber, Leonardo Ribeiro, Flavio Bretanha, and Gustavo Calazans de Cerqueira.
Outlook & Strategy

TechnipFMC’s electric actuation system enters pilot phase with Petrobras

UK-headquartered energy technology provider TechnipFMC and Brazilian state-owned energy giant Petrobras have started a pilot project in Brazil to test a new electric actuation technology, which is expected to become part of TechnipFMC’s eSolutions portfolio for subsea systems. The equipment is expec

about 1 year ago
EIVA and Terradepth have partnered to integrate Terradepth’s Absolute Ocean platform with EIVA’s NaviSuite software
Outlook & Strategy

Terradepth and EIVA integrate platforms to speed up subsea data delivery

Denmark-based EIVA and U.S. provider of ocean data management solutions Terradepth have partnered to integrate Terradepth’s Absolute Ocean platform with EIVA’s NaviSuite software, aiming to automate the full subsea-to-cloud data workflow. According to Terradepth, the integration is designed to acce

about 1 year ago
Eco Wave Power nears completion of first U.S. wave energy unit at Port of LA
Outlook & Strategy

Eco Wave Power nears completion of first US wave energy unit at Port of LA

Wave energy developer Eco Wave Power is finalizing the manufacturing phase of its first U.S. pilot wave energy project, set to be installed at the Port of Los Angeles in July 2025. Eco Wave Power said that during a site visit to its U.S. manufacturing partner, California-based All-Ways Metal, CEO In

about 1 year ago
Reach Subsea's second uncrewed surface vessel (USV), Reach Remote 2.
Outlook & Strategy

Reach Subsea takes delivery of second uncrewed surface vessel

Norway’s Reach Subsea has confirmed the delivery of its second uncrewed surface vessel (USV), Reach Remote 2, after completing all technical installations, testing, and documentation. According to Reach Subsea, the vessel will be deployed for commercial projects, expanding the company’s uncrewed fle

about 1 year ago
Connector Subsea Solutions signing a memorandum of understanding with Petrobras.
Outlook & Strategy

Connector Subsea Solutions and Petrobras formalize collaboration on subsea tech

Norway’s Connector Subsea Solutions has signed a memorandum of understanding (MoU) with Brazilian state-owned energy giant Petrobras to advance subsea technology and distribution equipment. The agreement focuses on the development of qualified ball valves for Petrobras’ subsea systems, which are oft

about 1 year ago
GUH CEO Neil Gordon
Outlook & Strategy

UK urged to partner with subsea sector to defend underwater infrastructure

Global Underwater Hub (GUH), the trade and development body representing the UK’s £9 billion (approximately 12.2 billion) subsea sector, has called on the Ministry of Defence (MoD) to overhaul its approach to underwater defence and begin working directly with commercial subsea companies to counter r

about 1 year ago
Value Maritime
Outlook & Strategy

Value Maritime widens its net in Türkiye via new agreement

The Netherlands-based cleantech company Value Maritime (VM) has broadened its market reach in Türkiye, having inked a commercial representation agreement with technical services consultancy Bulutlu Marine. As disclosed, the two parties shook hands on this deal on June 5 during a maritime conference

about 1 year ago
Korean researchers develop platinum-free hydrogen electrolysis solution
Outlook & Strategy

Korean researchers develop platinum-free hydrogen electrolysis solution

A research team led by Hee-Tak Kim of the Department of Chemical and Biomolecular Engineering, Korea Advanced Institute of Science & Technology (KAIST), in a joint study with Gisu Doo of the Korea Institute of Energy Research (KIER), has developed a platinum-free water electrolysis technology.

about 1 year ago
Illustration; Source: TotalEnergies
Outlook & Strategy

TotalEnergies pins its multi-energy advancement hopes on AI while setting up new lab

TotalEnergies has pinpointed the acceleration of artificial intelligence (AI) as a roadmap paving the way toward the realization of its multi-energy strategy, primarily in low-carbon energies, which are expected to be among the key beneficiaries of its partnership with a compatriot generative AI pla

about 1 year ago
BC Ferries
Outlook & Strategy

New Major Vessels: BC Ferries taps Chinese shipyard to build four hybrid ships

Pressing on with fleet renewal and the New Major Vessels (NMVs) project, Canada’s ferry operator BC Ferries has contracted China Merchants Industry Weihai Shipyards (CMI Weihai) to build four new ships with diesel-battery hybrid propulsion systems.

about 1 year ago
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