Outlook & Strategy
Baker Hughes and CGG in alliance for carbon capture and storage
France-based geoscience technology services company CGG and U.S. energy technology company Baker Hughes have signed a memorandum of understanding (MoU) to jointly explore carbon capture and storage (CCS) solutions. CGG said that the collaboration and proposed commercial alliance intends to support t
137 MW of wave and tidal energy capacity to seek deployment offshore Europe in next five years
Ocean Energy Europe (OEE) has announced that EU funding and domestic revenue support are expected to facilitate the deployment of 137 MW of tidal and wave energy projects over the next five years, following the OEE’s report of the latest statistics about the ocean energy sector.
Metacon and Siemens forge hydrogen technology partnership
Metacon and Siemens have signed an MoU to enter a partnership to accelerate the manufacturing of hydrogen production systems in Sweden for the European market.
OKEA appoints Subsea7 and SLB to ‘accelerate subsea tieback delivery to aging platforms’
Following a recent long-term strategic agreement with Norway’s state-owned energy giant Equinor, SLB OneSubsea and Subsea7’s Subsea Integration Alliance has secured a contract with Norwegian oil & gas company OKEA for its North Sea field. The “sizeable” integrated engineering, procurement, construct
TotalEnergies and SINOPEC reinforce low-carbon energy partnership
TotalEnergies and SINOPEC agreed to deepen their collaboration in biofuels, green hydrogen, CCUS, and decarbonization.
Ricardo expands hydrogen capabilities to support maritime industry
Ricardo has invested in the conversion of one of its buildings to facilitate the development of hydrogen testing for large-scale marine engines.
‘Crucial step forward’ as onshore cable installation begins for French-Irish interconnector
French cable maker Nexans has kicked off the installation of high-voltage alternating current (HVAC) onshore cable on the Irish side of the Celtic Interconnector, set to link the power systems of Ireland and France together for the first time via subsea power cable. The project is being developed by
North Wales tidal energy project probes local business opportunities
Business owners from north Wales have gathered at an event, at the Morlais Substation, Holyhead, to promote services to developers of tidal energy devices.
Study: 50 new bunker vessels needed to prepare Germany for rising green fuel demand
With the forecasted increase in bunker demand developing in parallel with the fuel mix towards emission-neutral fuels, there’s a pressing need for a timely and ambitious development of an adapted bunker fleet in German seaports, a new study concluded.
Topsoe to support CF Industries’ new low-carbon ammonia project in US
Topsoe has signed a contract with CF Industries for the licensing and engineering supporting a FEED study of a new low-carbon ammonia plant in Louisiana, U.S.
Saipem’s underwater drone hits milestone with six-month-long uninterrupted operations
Saipem’s Hydrone-R underwater intervention drone has achieved uninterrupted subsea operations for nearly six months, performing remotely operated works and autonomous missions on Equinor’s Njord oil and gas field offshore Norway. The Hydrone-R, whose operations are fully supervised from Saipem’s ons
Stork’s asset management consultants picked for Offshore For Sure Project
Stork’s asset management consultants have been picked by World Class Maintenance (WCM) to perform de-risking and performance improvement activities for five offshore renewable energy innovations within the Offshore For Sure (O4S) project.
Aker BP seeks to simplify subsea ops with ROCS order
Norwegian oil and gas player Aker BP has awarded compatriot subsea technology company Optime Subsea with a contract to develop and deliver multiple remotely operated controls systems (ROCS) for use on the Norwegian continental shelf (NCS). Aker BP has placed an order with Optime Subsea for the renta
ESPO study: European ports in need of €80 billion investment by 2034
European ports will need multi-billion euro investments in the next decade in order to be fit for the future, a new study found.