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Outlook & Strategy

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JDR’s umbilicals to travel from UK to Australian gas project
Outlook & Strategy

JDR’s umbilicals to travel from UK to Australian gas project

UK-based JDR Cable Systems, part of TFKable Group, has secured a contract with Australian independent operator Amplitude Energy for the supply of subsea control umbilicals. JDR will supply approximately 18 kilometers of hydraulic control umbilicals, with options for a further 13 kilometers, subject

about 5 months ago
Baker Hughes opens renewable energy-powered subsea manufacturing hub in Norway
Outlook & Strategy

Baker Hughes opens renewable energy-powered subsea manufacturing hub in Norway

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Energy technology company Baker Hughes has opened a new subsea services center and manufacturing plant in Norway as part of its ambition to strengthen its North Sea capabilities. Located in Dusavik near Stavanger, the 49,000-square-meter facility features a 12,000-square-meter workshop, multiple tes

about 5 months ago
Platform that turns ocean temperature differences into electricity installed in Spain
Outlook & Strategy

Platform that turns ocean temperature differences into electricity installed in Spain

UK-based pioneer in ocean thermal energy conversion (OTEC) development, Global OTEC, has installed a floating prototype offshore Spain designed to produce electricity by using the temperature difference between warm surface water and cold deep ocean water. It is said to be the first purpose-built of

about 5 months ago
Van Oord’s first sea-going USV makes multi-day offshore debut
Outlook & Strategy

Van Oord’s first sea-going USV makes multi-day offshore debut

Van Oord’s first uncrewed survey vessel (USV) specialized for operations at sea has completed its first multi-day offshore operation. VO:X Barentsz was deployed at Ecowende’s Hollandse Kust West offshore wind farm where it supported the monopile and cable installation works carried out by installati

about 5 months ago
EIB continues its support for Malta-Italy interconnector with €100 million
Outlook & Strategy

EIB continues its support for Malta-Italy interconnector with €100 million

The European Investment Bank (EIB) is supporting the development of the second electrical interconnector between Malta and Italy with €100 million. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna substation at Ragusa, Si

about 5 months ago
Naming ceremony held for Nexans Electra with three godmothers
Outlook & Strategy

Naming ceremony held for Nexans Electra with three godmothers

Norwegian shipbuilder Ulstein has held the naming ceremony for Nexans’ new 155-meter-long cable-laying vessel (CLV) Nexans Electra. Based on the ST-297 CLV design by Skipsteknisk, Nexans Electra, ordered as the second vessel by Nexans at Norway’s Ulstein Verft, is an updated version of the sister ve

about 5 months ago
Ireland and Spain formalize plan to explore electricity interconnection
Outlook & Strategy

Ireland and Spain formalize plan to explore electricity interconnection

Irish and Spanish ministries have signed a memorandum of understanding (MoU) to explore the potential for a future electricity interconnector between the two countries. The MoU was signed by Ireland’s Department of Climate, Energy and the Environment and Spain’s Ministry for the Ecological Transitio

about 5 months ago
Equinor taps Swedish survey firm for multi-year pipeline inspection services
Outlook & Strategy

Equinor taps Swedish survey firm for multi-year pipeline inspection services

Swedish offshore survey company Njord Survey has signed a framework agreement with Norwegian state-owned energy firm Equinor for the delivery of pipeline inspection and integrity services offshore Europe. Under the three-year framework agreement, Njord Survey said it would deliver high-resolution ge

about 5 months ago
€100 million EU financing backs Port of Klaipėda’s energy transition path
Outlook & Strategy

€100 million EU financing backs Port of Klaipėda’s energy transition path

The European Investment Bank (EIB) has approved approximately €100 million in financing to support the energy transition, among other things, at the Port of Klaipėda in Lithuania. The €201 million project targets the modernization and expansion of the core Trans-European Transport Network (TEN-T) Po

about 5 months ago
Idle vessel from Shearwater’s fleet finds new owner
Outlook & Strategy

Idle vessel from Shearwater’s fleet finds new owner

As part of its fleet optimization journey, Norway’s Shearwater GeoServices is selling a 14-year-old vessel that has been in lay-up since 2021 to be converted into a dedicated source vessel. Through one of its wholly owned subsidiaries, Shearwater Geoservices has entered into an agreement with an und

about 6 months ago
Dutch wave energy converter for ‘very small sea states’ begins testing
Outlook & Strategy

Dutch wave energy converter for ‘very small sea states’ begins testing

The Hague-based Wave Energy Collective (Weco) has teamed up with Rijkswaterstaat, part of the Dutch Ministry of Infrastructure and Water Management, to test its wave energy converter (WEC) capable of generating power even in very small sea states. Weco reported today, April 23, that it had been deve

about 6 months ago
Firm selected to decommission wells at North Sea field inaugurated in 1975
Outlook & Strategy

Firm selected to decommission wells at North Sea field inaugurated in 1975

Aberdeen-based decommissioning services provider Well-Safe Solutions has secured a multi-year contract with Apache North Sea Limited to decommission its platform wells and subsea wells in the Forties Field in the North Sea, inaugurated in 1975. Well-Safe Solutions will lead the contract across all w

about 6 months ago
Bourbon’s fleet stronger for 13 vessels
Outlook & Strategy

Bourbon’s fleet stronger for 13 vessels

French maritime services player Bourbon has strengthened its fleet with 13 new offshore support vessels since the start of 2026, representing a value of over $180 million, with 10 of them already under contract. Bourbon has acquired six diesel-electric vessels from the Minsheng Group, five platform

about 6 months ago
Norway: Dry well in license awarded in 1985
Outlook & Strategy

Norway: Dry well in license awarded in 1985

Norway’s state-owned energy firm Equinor and its partners have drilled a dry well off Norway in the North Sea, in a production license awarded in August 1985. Following the drilling permit awarded in January, the wildcat well 34/8-A-37 H was drilled in production licence 120, 140 kilometers west of

about 6 months ago