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Outlook & Strategy

Former Shell executive to take the reins at LNG Canada

LNG Canada, a joint venture (JV) between Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, which is developing a liquefied natural gas (LNG) export facility in Kitimat, Canada’s British Columbia, has appointed a new Chief Executive Officer (CEO).

about 1 year ago

Outlook & Strategy

Deal signed for 3+5 210,000-ton methanol and ammonia reserved bulk carriers

COSCO Shipping Bulk and Yangzhou COSCO Shipping Heavy Industry, subsidiaries of Chinese shipping heavyweight COSCO Shipping, have signed a contract for 3 +5 210,000-ton methanol and ammonia reserved bulk carriers.

about 1 year ago

VARD delivers advanced cable layer to Danish subsea specialist

Outlook & Strategy

VARD delivers hybrid cable layer to Danish subsea specialist

Norway’s ship designer and shipbuilder VARD has delivered an advanced cable-laying vessel (CLV) to Denmark’s subsea specialist NCT Offshore, less than two years after the contract was signed. NCT placed the order for the 95-meter-long CLV Freja with VARD in early 2023, with Vard Design in Ålesund, N

about 1 year ago

Outlook & Strategy

UK’s first CO2 injection nears reality as final preparations are underway (Video)

Perenco UK and Carbon Catalyst Limited are completing the final preparations for the CO2 injection test at a carbon capture and storage (CCS) license in the North Sea that encompasses what is seen as the UK’s largest depleted gas field. The partners secured a license to progress the Poseidon CCS pro

about 1 year ago

Outlook & Strategy

John Cockerill, Johnson Matthey to work on ETFuels’ e-methanol project in Texas

Green energy company ETFuels has selected technology companies John Cockerill and Johnson Matthey as strategic partners for its 120,000-ton-per-year e-methanol project in Texas, U.S.

about 1 year ago

Outlook & Strategy

North Ammonia advances plans for green ammonia plant at Fjord Base

Norwegian green energy provider North Ammonia has partnered with compatriot Fjord Base Holding to develop a green ammonia production facility at Fjord Base in Florø.

about 1 year ago

'Large' Greek electrical interconnection done with construction, to enter operation in spring

Outlook & Strategy

Construction of €1B Greek electrical interconnection done, operations in spring

Ariadne Interconnection, a subsidiary of Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), has completed what it says is the largest electricity transmission project in Greece, with a budget exceeding €1.1 billion. IPTO reported yesterday, December 23,

about 1 year ago

Outlook & Strategy

Solstad buys into Omega Subsea

Solstad Subsea Holding, a wholly owned subsidiary of Norwegian shipping company Solstad Offshore, is set to acquire a 35.8% ownership share in Norway’s ROV, tooling, personnel, survey and project management services provider Omega Subsea. Established in 2012, Omega Subsea, with offices in Norway and

about 1 year ago

Brunvoll to deliver thruster package for another newbuild REM Offshore vessel

Outlook & Strategy

Another newbuild REM Offshore vessel to sport Brunvoll thruster package

Norway’s Myklebust Shipyard has awarded compatriot Brunvoll with another contract for a thruster package, destined for an inspection, maintenance and repair (IMR) vessel it is building for REM Offshore. This confirms the option for an additional vessel for REM Offshore, originally announced in May t

about 1 year ago

Outlook & Strategy

Provaris making strides in developing hydrogen supply chains

Australian Provaris Energy has been making progress in developing hydrogen supply chains and advancing the company’s proprietary hydrogen carrier.

about 1 year ago

Outlook & Strategy

Cable carousels for Scottish cable factory under construction in Dubai

UAE’s Subsea Cable Assets (SCA) has begun the production of cable carousels destined for Sumitomo Electric’s cable factory in Scotland. The Dubai-based EPIC contractor SCA has appointed the Dutch Enersea to design six cable carousels and loading towers for the Japanese end customer. The carousels ar

about 1 year ago

Outlook & Strategy

‘Monumental year’ for Mermaid Subsea as it breaks North Sea decommissioning record

Aberdeen-headquartered Mermaid Subsea Services (UK) has plugged and abandoned (P&A) 30 wells in the UK North Sea during 2024, claiming that this is the highest number of vessel-based well decommissioning operations ever completed in a single year within the region. The work was carried out using the

about 1 year ago

Outlook & Strategy

Nexans to link Swedish island to mainland under ‘substantial contract’

Nexans has secured a contract with Swedish transmission system operator (TSO) Svenska kraftnät to deliver subsea and onshore cables for an electricity connection project that will strengthen the electricity supply between the island of Gotland and mainland Sweden. As part of the contract described a

about 1 year ago

Outlook & Strategy

Seagliders could be a game changer for Hawai’i’s sustainable future

Seagliders will have a positive impact on Hawaiʻi, according to a study commissioned by the Hawaiʻi Seaglider Initiative (HSI), a coalition of local stakeholders working to increase awareness and adoption of seagliders in the state.

about 1 year ago