Outlook & Strategy

Sumitomo SHI FW comes onboard Portuguese renewable methanol project
Finland-based Sumitomo SHI FW (SFW) has signed an agreement with Portugal’s Capwatt to provide Front-End Engineering Design (FEED) services for a syngas production plant, integral to the Mangualde Renewable Methanol project in Portugal.

Oceaneering, TotalEnergies make headway in sustainable commercial pipeline inspection
U.S. technology company Oceaneering has carried out a pipeline inspection industrial pilot using an autonomous underwater vehicle (AUV) for TotalEnergies, as part of the French energy giant’s ambition to become a net-zero company. The North Sea pilot using the Freedom AUV saw the inspection of over

SolarDuck strengthens Asia Pacific foothold with expansion of Tokyo office
Dutch-Norwegian company SolarDuck has expanded its regional office in Tokyo, Japan, to better devote to the Japanese market and accelerate the commercialization of its floating solar technology.

Caterpillar Marine aims to deploy methanol dual-fuel marine engines in 2026
Caterpillar Marine signed an MoU with Damen Shipyards Group to advance the development of its methanol dual-fuel Cat 3500E marine engines.

CLdN becomes member of Maritime Battery Forum
Luxembourg-based shipping group CLdN has joined the Maritime Battery Forum, a global community of maritime battery enablers.

CO2 injection test on schedule at license encompassing ‘UK’s largest depleted gas field’
Preparations are currently underway for a CO2 injection test at a carbon capture and storage (CCS) license in the North Sea that encompasses the “UK’s largest depleted gas field”. Perenco UK and Carbon Catalyst Limited secured a license to progress their Poseidon CCS project at the Leman gas fields

Vår Energi shifts methane reduction efforts into higher gear as it comes aboard UN-led program
Vår Energi has joined an initiative led by the United Nations Environment Programme to improve the accuracy of methane emissions reporting.

TA’ZIZ ammonia project in Abu Dhabi reaches new stage
Fertiglobe has awarded a construction contract to Tecnimont for TA’ZIZ’s low-carbon ammonia production facility in Abu Dhabi.

New hire taking over the CFO helm at BW Energy
BW Energy has appointed a new Chief Financial Officer (CFO) to replace the current one after five years of tenure.

General cargo vessel turns into cable recovery vessel in Estonia (Video)
An Estonian shipbuilding company has carried out the conversion of a general cargo vessel into a fully equipped cable recovery vessel at its premises in Tallinn. BLRT Repair Yards manufactured and installed five cable tanks in the cargo hold, each 8,200 mm high and 10,200 mm wide, weighing a total o

Interview with JDR: Spotlight on subsea cables’ starring role in oil & gas and renewable plays during transformation to greener energy mix
Subsea cables are expected to remain at the heart of further energy transition moves, according to JDR Cable Systems.

Gasum and Equinor extend LNG bunkering agreement
Gasum and Equinor have signed a long-term contract whereby Gasum will continue to supply LNG to Equinor’s dual-fuel chartered fleet of vessels.

TotalEnergies-EREN venture, VERBUND to work on hydrogen project in Tunisia
TE H2, a joint venture between TotalEnergies and EREN Groupe, together with VERBUND, has signed an MoU with Tunisia to study the implementation of a large green hydrogen project for export to Central Europe through pipelines.

PowerCell to provide fuel cell systems for hydrogen-electric hybrid retrofit project
PowerCell has received an order for two 100 kW marine fuel cell systems from O.S. Energy for the Transship II sustainable vessel project.