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Outlook & Strategy

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Illustration; Source: AF Offshore Decom - Helene Pettersen
Outlook & Strategy

AF Offshore and Heerema tasked with removing 39,500-ton North Sea platform

A consortium of AF Offshore Decom, part of AF Gruppen, and Heerema Marine Contractors (HMC) has secured a contract for the engineering, preparation, removal and disposal (EPRD) of a North Sea platform on the UK Continental Shelf (UKCS). The platform’s topsides weigh approximately 27,500 tons and the

about 7 months ago
US LNG giant exercises option for more newbuild vessel charters from Ocean Yield and NYK
Outlook & Strategy
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US LNG giant exercises option for more newbuild vessel charters from Ocean Yield and NYK

Cheniere Marketing International, a wholly owned subsidiary of the U.S. energy player Cheniere Energy, has declared the option to increase the number of newbuild liquefied natural gas (LNG) carriers it will charter from Norwegian shipowner Ocean Yield and Japan’s shipping giant Nippon Yusen Kabushik

about 7 months ago
Fully certified Reach Remote USV to inspect Gassco’s subsea pipelines
Outlook & Strategy

Fully certified Reach Remote USV to inspect Gassco’s subsea pipelines

Norway’s Reach Subsea has won a contract to perform an external inspection of a large part of the subsea pipeline portfolio of Norwegian state-owned gas grid operator Gassco, using its Reach Remote 1 uncrewed surface vessel (USV). Under the contract secured with Equinor on behalf of Gassco, Reach Su

about 7 months ago
First offshore vessel to operate on ammonia coming this autumn
Outlook & Strategy

First offshore vessel to operate on ammonia coming this autumn

Norwegian offshore vessel owner Eidesvik Offshore has tasked Halsnøy Dokk with the conversion of the platform supply vessel (PSV) Viking Energy to ammonia-powered operations. The conversion is planned to be completed in autumn, when the 95-meter-long vessel will continue operating for Equinor, with

about 8 months ago
Ocean Sun's floating solar technology connected to offshore wind turbine in China (Courtesy of Ocean Sun)
Outlook & Strategy

Norway: €710k public funding aims to advance floating solar tech performance

Norway’s Ocean Sun has secured NOK 8 million (around €710,000) in public funding for a project that aims to strengthen the long-term performance and reliability of its floating solar technology. The public funding was awarded for the Enhanced Environmental Resilience for OS FPV System (EROS) researc

about 8 months ago
Deep Value Driller drillship; Source: Deep Value Driller
Outlook & Strategy

Saipem loses drillship deal to higher bidder

Norwegian drillship owner Deep Value Driller has decided to sell its seventh-generation drillship Deep Value Driller to Eldorado Drilling after having received a higher bid, cancelling the recently announced sale agreement with Italy’s engineering, drilling, and construction services giant Saipem. I

about 8 months ago
Illustration: Odfjell Technology
Outlook & Strategy

Odfjell Technology buying majority stake in lightweight intervention and P&A businesses

UK-headquartered Odfjell Technology, a spin-off of Odfjell Drilling, has entered into agreements to acquire a majority stake in two businesses supporting lightweight intervention and plug and abandonment (P&A). Odfjell Technology will acquire a 70% ownership stake in Kaseum Holdings Limited and Razo

about 8 months ago
‘World-first’ as ammonia-fuelled two-stroke engine passes quality assurance
Outlook & Strategy

‘World-first’ as ammonia-fuelled two-stroke engine passes quality assurance

Swiss marine power company WinGD has completed what it says is the world’s first type approval (TAT) and factory acceptance testing (FAT) for an ammonia-fuelled two-stroke marine engine. Both TAT and FAT programs were completed last month, with testing of the X52DF-A-1.0 engine carried out at the HD

about 8 months ago
Critical HV components under construction in Türkiye for second Malta-Italy link
Outlook & Strategy

Critical HV components under construction in Türkiye for second Malta-Italy link

The production of critical high-voltage (HV) components for the second electrical interconnector between Malta and Italy has commenced in Türkiye. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna substation at Ragusa, Sic

about 8 months ago
Worley hops on board Denmark’s national hydrogen transmission network
Outlook & Strategy

Worley hops on board Denmark’s national hydrogen transmission network

Australia’s engineering player Worley has secured an engineering, procurement and construction management (EPCM) services contract with Danish national transmission system operator (TSO) Energinet for the country’s national hydrogen transmission network that will link large-scale green hydrogen prod

about 8 months ago
Dutch wave energy device all good during first night at sea
Outlook & Strategy

Dutch wave energy device all good during first night at sea

A wave energy converter (WEC) developed by Wave Energy Collective (Weco) has spent its first night in the North Sea, with the Hague-based company confirming that everything worked as expected. Weco reported that its Kaizen 2.0 WEC had been deployed with an improved installation procedure and exposed

about 8 months ago
N-Sea’s new cable layer arrives in the Netherlands for final outfitting
Outlook & Strategy

N-Sea’s new cable layer arrives in the Netherlands for final outfitting

The hull of the dual-fuel cable installation and repair vessel destined for N-Sea Group has arrived from Poland at Neptune Marine’s yard in the Netherlands. The hull of the 100-meter-long cable-laying vessel (CLV) Altera was launched early in February in Poland, after which it started its journey fr

about 8 months ago
Four companies jointly bid to develop Britain’s first hydrogen network in the Humber
Outlook & Strategy

Four companies jointly bid to develop Britain’s first hydrogen network in the Humber

National Gas, Centrica, Equinor and SSE Thermal have launched a coordinated bid to develop Great Britain’s first regional hydrogen transport and storage network in the Humber. Together as Humber Hydrogen, the partners are looking to develop a network that would connect projects across Yorkshire and

about 8 months ago
Korean-Dutch partnership pursuing hydrogen retrofit for feeder vessel
Outlook & Strategy

Korean-Dutch partnership pursuing hydrogen retrofit for feeder vessel

South Korea’s maritime decarbonization technology specialist Vinssen and Dutch engineering firm MANA Engineering have signed a memorandum of understanding (MOU) to jointly develop a hydrogen fuel cell-based retrofit solution for an 800 TEU feeder container vessel operating in Northern Europe and the

about 8 months ago