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Outlook & Strategy

Naming ceremony held for Nexans Electra with three godmothers

Norwegian shipbuilder Ulstein has held the naming ceremony for Nexans’ new 155-meter-long cable-laying vessel (CLV) Nexans Electra. Based on the ST-297 CLV design by Skipsteknisk, Nexans Electra, ordered as the second vessel by Nexans at Norway’s Ulstein Verft, is an updated version of the sister ve

about 5 months ago

Outlook & Strategy

Taihan to make and install submarine cables for South Korean solar power plants

South Korean Taihan Cable & Solution has been selected to manufacture, transport and install extra-high-voltage submarine cables for a local solar power generation project. Taihan will supply the 154 kV cables, joints, and all related materials, as well as provide the installation to EPC contractor

about 5 months ago

Outlook & Strategy

Ireland and Spain formalize plan to explore electricity interconnection

Irish and Spanish ministries have signed a memorandum of understanding (MoU) to explore the potential for a future electricity interconnector between the two countries. The MoU was signed by Ireland’s Department of Climate, Energy and the Environment and Spain’s Ministry for the Ecological Transitio

about 5 months ago

Outlook & Strategy

Equinor taps Swedish survey firm for multi-year pipeline inspection services

Swedish offshore survey company Njord Survey has signed a framework agreement with Norwegian state-owned energy firm Equinor for the delivery of pipeline inspection and integrity services offshore Europe. Under the three-year framework agreement, Njord Survey said it would deliver high-resolution ge

about 5 months ago

Outlook & Strategy

Mermaid Maritime continues global expansion with joint venture in Brunei

After establishing joint venture companies in Taiwan and Equatorial Guinea, Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has done the same in Brunei. The primary activities of the entity named Serikandi Mermaid SDN BHD are offshore tran

about 5 months ago

Outlook & Strategy

Japanese trio launches demo project on ammonia supply for vessels in Singapore

Japan’s Sumitomo Corporation, Kawasaki Kisen Kaisha (“K” Line), and Nippon Yusen Kabushiki Kaisha (NYK Line) have jointly applied to run a demonstration project on the supply of ammonia fuel for vessels in Singapore, building on their memorandum of understanding (MoU) from last month to conduct a fr

about 5 months ago

Outlook & Strategy

€100 million EU financing backs Port of Klaipėda’s energy transition path

The European Investment Bank (EIB) has approved approximately €100 million in financing to support the energy transition, among other things, at the Port of Klaipėda in Lithuania. The €201 million project targets the modernization and expansion of the core Trans-European Transport Network (TEN-T) Po

about 5 months ago

Outlook & Strategy

Idle vessel from Shearwater’s fleet finds new owner

As part of its fleet optimization journey, Norway’s Shearwater GeoServices is selling a 14-year-old vessel that has been in lay-up since 2021 to be converted into a dedicated source vessel. Through one of its wholly owned subsidiaries, Shearwater Geoservices has entered into an agreement with an und

about 5 months ago

Outlook & Strategy

Hydrogen-fueled AUV breaks range expectations with 2,000-kilometer subsea run

An autonomous underwater vehicle (AUV) developed by Canada’s Cellula Robotics has traveled over 2,000 kilometers submerged, powered by a hydrogen fuel cell, exceeding its published performance specification. During the mission, the Envoy AUV made over 4,000 turns and manoeuvres, which used more ener

about 5 months ago

Outlook & Strategy

Two ammonia-fueled ammonia carriers to sport Wärtsilä systems in 2027

Wärtsilä Gas Solutions, part of technology group Wärtsilä, is set to supply the cargo handling and fuel gas supply systems for two new ammonia-fueled liquid ammonia carriers, also capable of carrying liquefied petroleum gas (LPG). The 51,350 m3 capacity midsize carriers are being built at the Chines

about 5 months ago

Outlook & Strategy

QatarEnergy and ExxonMobil’s $10B US project exports first LNG cargo

Some 24 days after achieving first LNG production from the first of three planned trains, QatarEnergy and ExxonMobil’s liquefied natural gas (LNG) project in Texas, the U.S., has exported its first LNG cargo. It was reported today, April 23, that the first LNG cargo from the Golden Pass LNG project

about 5 months ago

Outlook & Strategy

Two US players merge into ‘premier integrated offshore services company’

Texas-headquartered offshore energy services provider Helix Energy Solutions and Hornbeck Offshore Services, a Louisiana-headquartered supplier of offshore transport services, have entered into a definitive agreement to combine in an all-stock transaction, establishing what they say will become a pr

about 5 months ago

Outlook & Strategy

Jan De Nul’s newbuild trencher bears name of 19th-century British engineer

Jan De Nul has named its new trenching support vessel Isambard Kingdom Brunel, after a 19th-century British engineer, who the company describes as one of the key figures of the Industrial Revolution. Jan De Nul announced on March 10 that it was expanding its fleet with the addition of two trenching

about 5 months ago

Outlook & Strategy

Dutch wave energy converter for ‘very small sea states’ begins testing

The Hague-based Wave Energy Collective (Weco) has teamed up with Rijkswaterstaat, part of the Dutch Ministry of Infrastructure and Water Management, to test its wave energy converter (WEC) capable of generating power even in very small sea states. Weco reported today, April 23, that it had been deve

about 5 months ago