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Outlook & Strategy

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Subsea7 has won a “sizeable” contract for subsea infrastructure in the U.S. Gulf of Mexico, described as one worth between $50 and $150 million.
Outlook & Strategy

Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind

Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of c

about 2 years ago
James Hill, CEO of MCF Energy
Outlook & Strategy
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Op-ed: Hormuz blockage – A potential win for the LNG market?

A conflict-turned opportunity is what many are calling the potential blockage of Hormuz. It is a delicate dance between investor opportunity and world crisis for the second time in two years.

about 2 years ago
ACWA Power unites with IRENA to bolster renewable energy transition
Outlook & Strategy

ACWA Power unites with IRENA to bolster renewable energy transition

ACWA Power, has signed an agreement to partner with the International Renewable Energy Agency (IRENA) to drive the worldwide transition to renewable energy sources.

about 2 years ago
Romania's Hidroelectrica and UAE's Masdar forge ties for floating solar projects. Source: Sebastian Burduja's Facebook
Outlook & Strategy

Romania’s Hidroelectrica and UAE’s Masdar forge ties for floating solar projects, eye offshore wind

The collaboration may be extended for another three years if the joint venture meets certain conditions during the initial three-year period, as proposed by the joint venture and approved by the board for the final investment decision (FID) phase.

about 2 years ago
Arnold Schwarzenegger and Inna Braverman visiting the Wave Energy Conversion Unit in the Port of LA. Source: Eco Wave Power
Outlook & Strategy

Shell backs wave energy project offshore US

UK-headquartered energy giant Shell has teamed up with Swedish-Israeli wave energy developer, Eco Wave Power, to collaborate on what is the first wave energy project in the U.S. for both companies.

about 2 years ago
International agreement targets development of electric thrusters for ROVs
Outlook & Strategy

International agreement targets development of electric thrusters for ROVs

Forum Energy Technologies (FET) has executed a memorandum of understanding (MoU) with a UAE-based underwater inspections provider to collaborate on the development of electric thrusters for remotely operated vehicles (ROVs). The MoU was signed by FET’s Subsea Technologies product line and SAFEEN Sur

about 2 years ago
ACME and Hydrogenious eye hydrogen value chains from Oman to Europe
Outlook & Strategy

ACME and Hydrogenious eye hydrogen value chains from Oman to Europe

ACME Group and Hydrogenious LOHC Technologies will explore the joint development of large-scale hydrogen supply chains from Oman to Europe.

about 2 years ago
Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
Outlook & Strategy

Eco Wave Power’s ‘significant milestones’ keep optimism for future energy project opportunities alive

Eco Wave Power is among the companies that felt the impact of the unpredictability surrounding the economy in 2023.

about 2 years ago
Illustration; Source: PetroVietnam Gas
Outlook & Strategy

PetroVietnam to buy LNG from QatarEnergy, first shipment due in April

PetroVietnam has signed a contract with QatarEnergy LNG to purchase 70,000 metric tons of LNG set to be delivered next month.

about 2 years ago
Oman’s Hydrom and Germany’s VNG looking into green hydrogen value chain
Outlook & Strategy

Oman’s Hydrom and Germany’s VNG looking into green hydrogen value chain

Hydrom and VNG will examine the economic potential of building a green hydrogen and ammonia value chain between Oman and Germany.

about 2 years ago
Oman LNG and Germany’s SEFE finalize LNG supply deal, eye hydrogen cooperation
Outlook & Strategy

Oman LNG and Germany’s SEFE finalize LNG supply deal, eye hydrogen cooperation

SEFE and Oman LNG have finalized a sale and purchase agreement (SPA) for 0.4 million tonnes per annum (mtpa) of LNG.

about 2 years ago
GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain
Outlook & Strategy

GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain

Chart Industries and GasLog have teamed up to study the development of a commercial-scale liquid hydrogen (LH2) supply chain.

about 2 years ago
Panama
Outlook & Strategy

It’s time for the rise of Global South in maritime decarbonization

So far, maritime decarbonization has been focused almost solely on the Global North rather than the Global South. In order to enable a just and equitable energy transition, policy makers and other maritime stakeholders would need to ensure that countries in the Global South are not omitted. This cou

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Outlook & Strategy

Fossil fuels’ 75% methane cuts by 2030 come with $170 billion price tag

A new IEA analysis emphasizes the need for more action to bring forth the required emission reductions by 2030.

about 2 years ago