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Outlook & Strategy

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Offshore surveys to start at UK's fifth subsea electricity superhighway
Outlook & Strategy

UK’s fifth subsea electricity superhighway in the making?

Offshore marine survey operations are scheduled to begin soon at what would be the UK’s fifth subsea electricity superhighway, connecting Scotland and England. Ireland-based XOCEAN is in charge of carrying out the marine survey works for the Eastern Green Link 5 (EGL5) project using seven remotely o

about 1 year ago
European TSOs: ‘Energy independence must begin at sea’
Outlook & Strategy

European TSOs: ‘Energy independence must begin at sea’

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The Offshore TSO Collaboration (OTC), an initiative established in 2022 that gathers transmission system operators (TSOs) from the European Northern Seas, says that a unified and efficient offshore grid development strategy is needed for the North Sea to maximize benefits for Europe’s energy securit

about 1 year ago
Koreaa-flagged geotechnical survey vessel in new guise hits the water (Gallery)
Outlook & Strategy

Korea-flagged geotechnical survey vessel in new guise hits the water (Gallery)

Adira Renewables, the wholly-owned subsidiary of Singapore’s offshore services provider Kim Heng and Soiltech Engineering Co Ltd Korea (STE), has launched a geotechnical survey vessel, rebuilt/converted in 2024, into the water. Kim Heng announced today, April 15, the completion of the christening ce

about 1 year ago
Petrovietnam and JERA forge clean energy ties
Outlook & Strategy

Petrovietnam and JERA forge clean energy ties

Petrovietnam and JERA Asia have discussed opportunities to collaborate on clean energy development, especially in offshore wind, liquefied natural gas (LNG), ammonia, hydrogen and carbon reduction technologies.

about 1 year ago
Norsepower looking to expand rotor sail market in China
Outlook & Strategy

Norsepower looking to expand rotor sail market in China

Finnish wind propulsion specialist Norsepower has partnered with China’s COSCO Shipping Heavy Industry Equipment (Nantong) (CHIC) to accelerate the serial production, sales, installation, and service of its rotor sails in the region.

about 1 year ago
2 GW hybrid offshore interconnector in the plans to hook up Lithuania, Latvia and Germany
Outlook & Strategy

2 GW hybrid offshore interconnector in the plans to hook up Lithuania, Latvia and Germany

Lithuania, Latvia and Germany are planning to jointly develop a hybrid offshore electricity interconnector between the two Baltic States and Germany, which would be 600 kilometers long and with a capacity of 2 GW. Lithuanian transmission system operator (TSO) Litgrid and its Latvian and German count

about 1 year ago
Worley and Topsoe unite on e-methanol production in US
Outlook & Strategy

Worley and Topsoe unite on e-methanol production in US

Worley has entered into a collaboration with Topsoe to accelerate standardized, modular e-methanol production plants in the U.S. Midwest.

about 1 year ago
Aftermath of IMO’s net-zero framework: ‘Historic’ agreement or ‘total shipwreck’?
Outlook & Strategy

Aftermath of IMO’s net-zero framework: ‘Historic’ agreement or ‘total shipwreck’?

During the session held from April 7 to April 11, MEPC 83 approved the IMO Net-Zero Framework, said to be the first in the world to combine mandatory emissions limits and greenhouse gas (GHG) pricing across an entire industry sector.

about 1 year ago
With pilot run off the list, Port of Rotterdam gearing up for ammonia bunkering
Outlook & Strategy

With pilot run off the list, Port of Rotterdam gearing up for ammonia bunkering

The Dutch Port of Rotterdam has hosted an ammonia bunkering pilot at the Maasvlakte 2 APM terminal, validating the safety framework for ammonia bunkering and marking “an important step” toward sustainable shipping.

about 1 year ago
Auctioneer selected for cross-border transmission capacity of first UK-Germany energy link
Outlook & Strategy

Prysmian hires NextGeo for bomb hunt at first UK-Germany energy link

Italian cabling giant Prysmian Group has awarded compatriot Next Geosolutions (NextGeo) with a contract for potential unexploded ordnance (pUXO) identification and clearance along the route of NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link betwe

about 1 year ago
French floating solar company HelioRec has signed a memorandum of understanding (MoU) with Shoreham Port to develop a floating solar power project in the UK.
Outlook & Strategy

HelioRec partners with Shoreham Port for UK floating solar project

French floating solar company HelioRec has signed a memorandum of understanding (MoU) with Shoreham Port to develop a floating solar power project in the UK. According to HelioRec, the move supports the port’s decarbonization efforts and aligns with HelioRec’s model of turning unused water space in

about 1 year ago
Navantia UK starts making subsea structures for Shell's gas field earlier than planned
Outlook & Strategy

Earlier than planned: Navantia UK starts making subsea structures for Shell’s gas field

Navantia UK has cut the first steel at its recently-purchased Arnish facility for subsea structures destined for Shell’s project offshore Trinidad and Tobago, earlier than planned. It was reported in February that Navantia UK had won a contract with McDermott Trinidad Ltd. for the delivery of subsea

about 1 year ago
Three NYK shipping and ship management companies to merge
Outlook & Strategy

Three NYK shipping and ship management companies to merge

Three shipping and ship management companies within the Japanese NYK Group – namely, Asahi Shipping, Hachiuma Steamship and Mitsubishi Ore Transport – will merge to enhance competitiveness in the industry.

about 1 year ago
Sea1 Offshore's fleet renewal in focus with sale of 21-year-old subsea construction vessel
Outlook & Strategy

Sea1 selling 11-year-old subsea construction vessel as part of fleet renewal

Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, is selling its 11-year-old offshore subsea construction vessel (OSCV) as part of its fleet renewal program. Sea1 Offshore has signed an agreement to sell the 2014-built OSCV Sea1 Spearfish, currently on contract with PXGEO, to

about 1 year ago