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Outlook & Strategy

C2X nets $100 million investment to step up green methanol game

ENEOS, Maersk, and A.P. Moller Holding will invest $100 million in green methanol project developer C2X to advance its global methanol production portfolio.

about 1 year ago

Outlook & Strategy

TGS’ new Gulf of America data acquisition to help better decision-making for oil & gas operators

Norway-based energy data and intelligence company TGS has kicked off a new multi-client ultra long offset ocean bottom node (OBN) data acquisition project in the Gulf of America, with the data expected to help oil & gas operators make more informed decisions and mitigate drilling risks. The Amendmen

about 1 year ago

Outlook & Strategy

NYK, partners to work on renewable energy-powered offshore floating data center

Japanese shipping player NYK and its partners have signed a memorandum of understanding (MoU) to develop an offshore floating data center powered by 100% renewable energy.

about 1 year ago

Orkney Research and Innovation Campus - ORIC (Courtesy of Highlands and Islands Enterprise)

Outlook & Strategy

Orkney’s marine renewables campus moves to HIE ownership

Highlands and Islands Enterprise (HIE) has taken full ownership of the Orkney Research and Innovation Campus (ORIC) in Stromness, Scotland, following the transfer of Orkney Islands Council’s (OIC) share in the joint venture (JV). According to HIE, the move comes as ORIC prepares for a second phase o

about 1 year ago

Outlook & Strategy

Middle East and Guyana on schedule for Saipem under two contracts worth $720M

Italy’s engineering, drilling, and construction services company Saipem has secured two new offshore contracts in the Middle East and Guyana for a total amount of approximately $720 million. The first contract covers engineering, procurement, construction and installation (EPCI) activities for the r

about 1 year ago

Outlook & Strategy

MBF, ZESTAS join forces to accelerate zero-emission shipping

The Maritime Battery Forum (MBF) and the Zero Emission Shipping Technology Association (ZESTAs) have signed a memorandum of understanding (MOU) to formalize their collaboration in advancing zero-emission shipping technologies.

about 1 year ago

Outlook & Strategy

MET Group appoints new head to oversee LNG growth

Switzerland-headquartered energy company MET Group has named a new leader for its liquefied natural gas (LNG) unit.

about 1 year ago

Outlook & Strategy

Development and operation plan handed in for Northern Lights expansion

Some five days after taking the final investment decision (FID), Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have submitted the plan for development and operation (PDO) to the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage de

about 1 year ago

Outlook & Strategy

Europe unlikely to meet its 2030 hydrogen production targets, report says

Less than 20% of the EU’s planned hydrogen project pipeline is expected to be realized by 2030 without urgently addressing critical points that create a widening gap between ambition and reality in Europe’s hydrogen sector, according to the latest report from energy market research and consultancy f

about 1 year ago

Outlook & Strategy

UK firm picks its first international franchisee for fully autonomous USV charter fleet

UK-headquartered Zero USV has named Leeway Marine as its first international franchisee for its uncrewed surface vessel (USV) charter fleet in North America. According to Zero USV, Oceanus12 is designed for long-distance over-the-horizon operations and is mission agnostic, allowing a wide range of p

about 1 year ago

Outlook & Strategy

Day rate contracts in South America and Africa come along to Argeo vessels

Norwegian subsea services provider Argeo has signed new contracts under which its two vessels will be deployed offshore South America and Africa on oil & gas projects. The contracts will see Argeo Searcher perform autonomous underwater vehicle (AUV) survey work in South America and Argeo Venture AUV

about 1 year ago

Outlook & Strategy

MPA, Plug and Play team up to boost maritime innovation in Singapore

Plug and Play, an innovation platform based in Silicon Valley, has partnered with the Maritime and Port Authority of Singapore (MPA) to accelerate innovation, digitalization, and decarbonization in the maritime sector.

about 1 year ago

'Sizeable' Northern Lights Phase 2 contract to keep Subsea7 busy for next two years

Outlook & Strategy

Subsea7 and Aker Solutions tasked with work for Northern Lights Phase 2

Norway’s state-owned Equinor, acting as the technical service provider (TSP) for the project, has awarded Subsea7 and Aker Solutions with contracts for the second phase of the Northern Lights CO2 transport and storage development in Norway, after the final investment decision (FID) was announced las

about 1 year ago

Outlook & Strategy

EverLoNG: There are no showstopping regulations to prevent onboard CCS adoption today

There are no showstopping regulatory or class rule frameworks preventing onboard carbon capture (OCC) from being implemented today, the EverLoNG consortium concluded at the end of the three-and-a-half-year project which sought to encourage the uptake of OCC by trialing its use onboard LNG-fueled shi

about 1 year ago