Outlook & Strategy
Provaris making strides in developing hydrogen supply chains
Australian Provaris Energy has been making progress in developing hydrogen supply chains and advancing the company’s proprietary hydrogen carrier.
Cable carousels for Scottish cable factory under construction in Dubai
UAE’s Subsea Cable Assets (SCA) has begun the production of cable carousels destined for Sumitomo Electric’s cable factory in Scotland. The Dubai-based EPIC contractor SCA has appointed the Dutch Enersea to design six cable carousels and loading towers for the Japanese end customer. The carousels ar
‘Monumental year’ for Mermaid Subsea as it breaks North Sea decommissioning record
Aberdeen-headquartered Mermaid Subsea Services (UK) has plugged and abandoned (P&A) 30 wells in the UK North Sea during 2024, claiming that this is the highest number of vessel-based well decommissioning operations ever completed in a single year within the region. The work was carried out using the
Nexans to link Swedish island to mainland under ‘substantial contract’
Nexans has secured a contract with Swedish transmission system operator (TSO) Svenska kraftnät to deliver subsea and onshore cables for an electricity connection project that will strengthen the electricity supply between the island of Gotland and mainland Sweden. As part of the contract described a
DeepOcean stays alone in contract with Equinor as TechnipFMC opts out
Norwegian ocean services provider DeepOcean is taking 100% ownership of the pipeline repair and subsea intervention (PRSI) Pool Services contract with Equinor, formerly operated in a joint venture (JV) with TechnipFMC. To remind, Equinor has operational responsibility for what is said to be the worl
International Chamber of Shipping selects next Secretary-General
The International Chamber of Shipping (ICS), an international trade association representing over 80% of the world’s merchant fleet, has appointed Thomas A. Kazakos as its next Secretary-General.
Global alternative-fueled ship fleet is on the rise, dictating new skillset
The number of vessels ordered with alternative-fueled capability is growing with 27 ammonia and 322 methanol-fueled vessels currently on the orderbooks, according to DNV’s Alternative Fuels Insights platform.
TechnipFMC to deliver subsea production systems for Shell’s oil & gas project off Nigeria
UK-headquartered energy technology provider TechnipFMC has secured a contract with Shell to deliver subsea production systems for a deepwater oil and gas project off the coast of Nigeria for which the final investment decision (FID) was reported earlier today. As part of the contract with Shell Nige
Westwood: Over a fifth of all European hydrogen projects stalled or cancelled
Westwood Global Energy, an energy market research and consultancy firm, has identified 23 projects in the European pipeline that have been classed as cancelled or stalled across 11 major European countries that make up the majority of the hydrogen opportunity.
Analysis: LNG dual-fuel ships are ‘the lowest’ cost option for ensuring compliance with regulations
LNG dual-fueled vessels provide ‘the lowest’ compliance cost for meeting EU and IMO decarbonization regulations, an analysis by industry coalition SEA-LNG found.
Ex-PSV to join Geoquip’s fleet after makeover
Geoquip Marine, a provider of offshore geotechnical solutions, has added a new vessel to its fleet, currently undergoing conversion from a platform supply vessel (PSV) into a geotechnical services platform. As part of the conversion in Norway, Geoquip Silvretta, originally built as a PSV by Green Ya
OEEC: CCS will employ as many people as oil & gas at its peak
Carbon capture and storage (CCS) is seen as a bridge to help the world wean off carbon fuels. With that in mind, this developing technology is not going to be temporary and is definitely going to happen on a large scale. To reach that as quickly as possible, we need regulations, licensing, a supply
Fugro on ground investigation duty for Equinor’s European CO2 highway
Fugro is performing a comprehensive ground investigation offshore Belgium for a new CO2 highway developed by Norwegian state-owned energy giant Equinor which will be used for transporting CO2 between mainland Europe and Norway. Fugro said its data acquisition will allow Equinor to quickly calculate
UK’s growing underwater industry hits £9.2B, gov’t urged to react to reach potential
The UK’s underwater industry has grown from £8 billion to £9.2 billion in the last 12 months, now supporting over 51,000 jobs. Thereby, the Global Underwater Hub (GUH) has called on the UK Government to recognize the scale and potential of the industry and to deliver an industrial strategy to boost