Outlook & Strategy
DOF’s fleet to grow to 65 following $1.1B purchase of Maersk Supply Service
Norwegian vessel owner DOF Group has entered into an agreement to acquire Maersk Supply Service (MSS), expanding its fleet with an additional 22 vessels. Through the newly incorporated subsidiary DOF Offshore Holding Denmark, DOF will on certain terms and conditions acquire all the shares in Maersk
Lloyd’s Register unites with H2Terminals and partners for UK hydrogen project
Lloyd’s Register has signed a memorandum of understanding (MoU) with H2Terminals and its supply chain partners HiDROGEN and D3IM to assess the feasibility of a green hydrogen infrastructure project in the UK.
UK oil & gas player pursuing CO2 storage license in Greece
EnEarth, a subsidiary of the London-based oil and gas company Energean, has submitted a formal application to the Hellenic Hydrocarbons and Energy Resources Management Company (EDEYEP) for a CO2 storage license in Greece. The application seeks to obtain approval for the suitability as a CO2 storage
New alliance to work on FSO solutions for ammonia, hydrogen and CCUS
Purus and Bluewater have formed an alliance for the worldwide provision of clean energy floating storage and offloading (FSO) solutions for low-carbon ammonia, clean hydrogen and carbon capture utilization and storage (CCUS).
French project to develop seabed surveying solution for great depths using AUV swarms
Three French companies have joined forces for a project that aims to develop an innovative solution for precise seabed surveying at great depths using swarms of autonomous underwater vehicles (AUVs) for ocean floor mapping. The ongoing development for the CARMA (Mineral resources mapping by AUVs swa
Técnicas Reunidas lands engineering deal for ammonia projects in Spain
Técnicas Reunidas has signed an agreement with IGNIS to provide engineering services for the design of up to five green ammonia projects in Spain.
Norway’s seismic firms PGS and TGS officially become one
Norway-headquartered seismic companies PGS and TGS have formally completed their merger, following the final regulatory approval obtained some twenty days ago. Back in September 2023, TGS and PGS announced their agreement on principal terms to combine their two firms and create a strong full-service
DEME to expand green hydrogen portfolio with new production facility in Egypt
Belgium-based offshore energy and dredging contractor DEME has inked a cooperation agreement with the Egyptian government to establish an industrial-scale green hydrogen production facility in the Port of Gargoub in Egypt’s western desert.
Höegh LNG and Deutsche ReGas join forces for world’s first floating hydrogen import terminal
Germany’s Deutsche ReGas and Norway’s Höegh LNG have entered into an agreement to develop what is said to be the world’s first floating import terminal for the industrial-scale conversion of green ammonia to green hydrogen.
2019-built survey catamaran changes owner, set to serve European offshore wind
Surveying and mapping services provider Darkocean has added a multi-role workboat/survey catamaran to its fleet which will be used for offshore wind projects across the UK and Northern Europe. Darkocean has taken delivery of the 10-meter-long Coastal Observer from Purus, formerly known as HST Workbo
Flurry of green hydrogen and ammonia deals underpins EU-Egypt partnership
The Egyptian government and the EU are advancing green hydrogen and green ammonia incentives through new private investment agreements.
‘No transition without transmission’ as Europe needs at least 5 new electricity corridors, CEO of Greek TSO says
“There can be no transition without transmission,” Manos Manousakis, Chairman and CEO of Greek electricity grid operator Independent Power Transmission Operator (IPTO), said at the General Assembly of the European Network of Transmission System Operators for Electricity (ENTSO-E), highlighting the i
SLB OneSubsea’s new contract takes it to Equinor’s all-electric subsea project
SLB has secured a contract with Norwegian state-owned energy giant Equinor under which it is set to deliver the front-end engineering design (FEED) for an all-electric subsea project in Norway’s waters. As part of the agreement, SLB will deliver the FEED of a 12-well, all-electric subsea production
Argus launches low-carbon ammonia benchmark to assist trading
Argus has launched a Japan Korea Low-Carbon Ammonia Benchmark (JKLAB) to assist companies trading low-carbon hydrogen products distributed to markets in Northeast Asia.