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Outlook & Strategy

Maersk inks long-term bio-methanol offtake deal with LONGi

Danish shipping giant A.P. Moller-Maersk has entered a long-term bio-methanol offtake agreement with China’s photovoltaic (PV) manufacturer LONGi Green Energy Technology.

about 1 year ago

Outlook & Strategy

KCC to install ‘largest ever suction sails’ on CABU III newbuild

Norwegian shipowner Klaveness Combination Carriers ASA (KCC) has decided to equip the upcoming CABU III newbuild with “the world’s largest” suction sails.

about 1 year ago

Outlook & Strategy

CCS and partners to conduct Singapore’s first long-term B100 biofuel trial

China Classification Society (CCS), Weichai Singapore, Marine Energy and Sustainability Research Department of Nanyang Technological University (MESD), and Pinnacle Marine have signed a research cooperation agreement to test B100 biofuel for 1,000 hours in Singaporean waters. The four-party agreemen

about 1 year ago

Outlook & Strategy

New contract with Vår Energi takes DeepOcean to Barents Sea and North Sea

Norway-based ocean services provider DeepOcean has expanded its several years of work for oil and gas company Vår Energi with a new contract set to be performed next year. DeepOcean will perform a subsea campaign for Vår Energi in 2025 that includes inspection, maintenance and repair (IMR) services

about 1 year ago

Courtesy of the European Commission; Credit: Mauro Bottaro

Outlook & Strategy

Industry associations call on EU to refine low-carbon fuels certification draft

Industry associations, including Methanol Institute, Europex and Hydrogen Europe, have called on the European Union (EU) to refine the “Low-Carbon Fuels Delegated Act.”

about 1 year ago

Outlook & Strategy

SLB OneSubsea hired to ‘accelerate full potential’ of BP’s deepwater project

OneSubsea, a subsea technology and solutions joint venture (JV) backed by SLB, Aker Solutions and Subsea7, has secured a subsea boosting contract with UK’s energy major BP for a deepwater project in the U.S. Gulf of Mexico. The contract for the Kaskida project is the first engineering, procurement a

about 1 year ago

East Nusa Tenggara in the Indonesian archipelago. Source: Inyanga Marine Energy Group

Outlook & Strategy

HydroWing sets in motion plans for first tidal energy plant in Indonesia

HydroWing, part of Inyanga Marine Energy Group, has secured a binding agreement with a PLN Subholding, the Indonesian state-owned owner of the national grid, to advance plans for Indonesia’s first 10 MW tidal current power plant in East Nusa Tenggara in the Indonesian archipelago. HydroWing previous

about 1 year ago

Outlook & Strategy

After Equinor, TotalEnergies enters Reach Subsea’s USV qualification program

A couple of months after Equinor revealed its participation in the technology qualification program for Reach Subsea’s Reach Remote uncrewed surface vessels (USVs), France’s energy giant TotalEnergies joined as a new collaboration partner. The pilot project with Equinor, TotalEnergies and other “maj

about 1 year ago

Outlook & Strategy

CMA CGM forms JV with Marsa Maroc to invest $280M in Nador West Med terminal

CMA CGM Group inks JV deal with Marsa Maroc to equip and operate for 25 years a section of the Nador West Med container terminal.

about 1 year ago

Outlook & Strategy

TotalEnergies and partners to develop large-scale green hydrogen project in Morocco

TE H2, a joint venture between TotalEnergies and EREN Group, and Danish companies Copenhagen Infrastructure Partners (CIP) and A.P. Møller Capital have teamed up to develop a large-scale green hydrogen project in Morocco. The partners have signed a preliminary contract with the government of the Kin

about 1 year ago

Chinese manufacturer sends off cable for oilfield expansion project off Saudi Arabia (Video)

Outlook & Strategy

China-produced subsea cable on its way to oilfield expansion project off Saudi Arabia (Video)

China’s ZTT Submarine Cable & System has sent off the submarine cable destined for Saudi Aramco’s field expansion project towards the project site located offshore Dhahran, Saudi Arabia. Zuluf, described as a giant offshore oil field located in the Arabian Gulf, approximately 240 kilometers north of

about 1 year ago

Outlook & Strategy

Panama Canal reaffirms commitment to a greener future

The Panama Canal Authority (ACP) has presented initiatives under development that would help ACP achieve the goal of becoming a carbon-neutral maritime route by 2050.

about 1 year ago

Outlook & Strategy

ABS delves into potential of nuclear propulsion on LNG carrier

Classification society American Bureau of Shipping (ABS) has released a new report highlighting the potential of nuclear technology in the maritime industry through a study of a small modular reactor (SMR) on a standard LNG carrier. The study modeled by ABS and Herbert Engineering Corporation (HEC)

about 1 year ago

Petrobras keeps Baker Hughes busy with additional order for flexible pipe systems

Outlook & Strategy

Petrobras keeps Baker Hughes busy with another order for flexible pipe systems

Brazil’s state-owned energy giant Petrobras has awarded additional contracts to energy technology company Baker Hughes for the delivery of flexible pipe systems and associated services across several pre-salt fields. As part of an agreement signed on October 15 following an open tender, the multi-ye

about 1 year ago