Outlook & Strategy

Snam gauging market interest in hydrogen and CO2 transport and storage
Italian energy infrastructure operator Snam, in cooperation with Confindustria, has officially launched a market test on hydrogen demand in Italy and, in partnership with Eni, a collection of non-binding expressions of interest for the transport and storage of CO2 within the framework of the carbon

France-Scotland alliance to boost hydrogen deployment
France Hydrogène and the Scottish Hydrogen & Fuel Cell Association (SHFCA) have signed a memorandum of understanding (MoU) to strengthen collaboration and cooperation between the two organizations and accelerate the deployment of hydrogen for the transition to net zero. According to the SHFCA, the p

France’s HelioRec sets up partnership for floating solar in Bretagne
France-based start-up HelioRec has established a partnership with EMP ROTOMOULAGE, a company dedicated to rotational molding techniques, with the aim of spearheading the production of floating solar systems in the Bretagne region. HelioRec, who has developed a floating solar system whose compact des

Venture Global and Grain LNG pen long-term LNG deal
U.S. Venture Global LNG and UK National Grid Grain LNG have signed a binding long-term terminal use agreement (TUA), enabling the regasification and sale of LNG from all of Venture Global’s terminals in Louisiana, U.S., including CP2 LNG, subject to obtaining necessary federal permits. Under the agr

TGS-SLB joint venture embarks on its seventh acquisition program
Norwegian provider of energy data and intelligence TGS and oilfield services company SLB are set to perform ocean bottom node (OBN) multi-client acquisition in the U.S. Gulf of Mexico, representing the seventh program within the seismic joint venture. Starting in the first quarter of 2024, Engageme

16-year-old vessel returns to VARD for conversion
A Canadian company active in the offshore oil & gas and energy sectors has appointed Norway’s VARD to convert a platform supply vessel (PSV) that it built 16 years ago into a cable-laying vessel (CLV). I.T. International Telecom Marine (IT) is a Halifax-based marine network installer offering deskto

Switching to ammonia as marine fuel may create more problems than it solves
Switching to ammonia as a marine fuel, with the goal of decarbonization, can instead create entirely new problems, a new study found.

VINCI wins cruise ship shore power deal at HAROPA PORT
A consortium comprised of subsidiaries from VINCI Energies and VINCI Construction has won a contract for the implementation of a high-voltage power supply system at HAROPA PORT’s Pointe de Floride terminal. The system is expected to cut emissions by 15,000 tonnes of CO2 equivalent a year, according

After TotalEnergies and PTTEP, Shell joins wave power for subsea equipment project
Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is powering subsea equipment off the coast of Orkney, Scotland, through a combination of wave power and subsea energy storage. The £2 million demonstrator initiative, nearing 12 months in the water, has c

NWEA: We need to standardize offshore wind industry to reach targets
2023 was an exciting year for offshore wind, but there are still major challenges to tackle, said Jan Vos, Chairman of the board of the Netherlands Wind Energy Association (NWEA), at the Offshore Energy Exhibition & Conference (OEEC) 2023, proposing standardization in the industry. Vos affirmed that

MOL emerges as preferred supplier of Poland’s first FSRU
After revealing two potential suppliers in November 2023, Poland’s natural gas transmission system operator GAZ-SYSTEM has now selected Japanese shipping major Mitsui O.S.K. Lines (MOL) as the preferred shipowner to time charter out a floating storage and regasification unit (FSRU) for the planned L

Evergreen Marine, X-Press Feeders to launch first European green methanol-powered feeder network
Taiwanese shipping firm Evergreen Marine Corporation has signed a memorandum of agreement (MOA) with Singapore-based independent common carrier X-Press Feeders to place its containers on X-Press Feeders’ new dual-fuel green methanol vessels.

Jan De Nul picks tensioner systems provider for entire CLV fleet
Jan De Nul has appointed MacArtney Offshore Wind Solutions to design and deliver custom tensioner systems for its entire cable-laying vessel (CLV) fleet. MacArtney’s scope implies the design, construction and delivery of advanced CEMAC tensioner systems for Jan De Nul’s CLV fleet that includes the C

Potential site identified for Malta’s first grid-connected floating solar project
A site located within Malta’s territorial waters has been identified as the potential location for the country’s first grid-connected floating solar project, Maltese Minister for Environment, Energy and Enterprise Miriam Dalli announced. A preliminary market consultation (PMC) has been launched to a