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Outlook & Strategy

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First UK-Germany link makes construction progress as it celebrates 6th anniversary
Outlook & Strategy

First UK-Germany link makes construction progress as it celebrates 6th anniversary

Siemens Energy and sub-contractor Jones Bros Civil Engineering are nearing completion of the enabling works for the UK converter station of NeuConnect, the first-ever energy link between the UK and Germany. The works have included the construction of a 50,000m2 platform for the new converter station

about 2 years ago
Idemitsu joins Proman and Mitsubishi for clean ammonia project in Louisiana
Outlook & Strategy

Idemitsu joins Proman and Mitsubishi for clean ammonia project in Louisiana

Japan’s Idemitsu Kosan has agreed with its compatriot Mitsubishi Corporation and Switzerland-based Proman to participate in the development of the proposed clean ammonia production project in Lake Charles, Louisiana, U.S. The project targets to produce approximately 1.2 million tons of ultra-low car

about 2 years ago
Superior Survey ROV that will perform subsea survey work. DeepOcean and Equinor
Outlook & Strategy

Equinor picks DeepOcean for pipeline inspections

Norway-based ocean services provider DeepOcean has won a contract with Equinor for the delivery of pipeline inspection and survey scopes on the operator’s pipelines in the North Sea. DeepOcean’s responsibilities include pipeline inspections, seabed mapping, ad-hoc pipeline surveys, and light constru

about 2 years ago
Nuvera
Outlook & Strategy

Nuvera Fuel Cells joins APOLO ammonia cracker technology project

Nuvera Fuel Cells, a Massachusetts-based provider of fuel cell power solutions, has announced its participation in the European Union-funded APOLO project.

about 2 years ago
Scarborough energy project’s Pluto Train 2 has achieved a major milestone with the first three modules now safely installed on site in Karratha, Western Australia; Source: Woodside
Outlook & Strategy

Woodside concludes long-term LNG supply deal with KOGAS

Australian energy major Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of liquefied natural gas (LNG) to Korea. Specifically, the SPA provides for the supply of approximately 0.5 million tons per annum of LNG for a period of 10.5 y

about 2 years ago
Eni hails Congo’s first LNG cargo
Outlook & Strategy

Eni hails Congo’s first LNG cargo

The Republic of Congo has now officially joined the group of LNG exporting countries with the production start-up at Eni’s Congo LNG project where the first LNG cargo is being prepared to sail to Piombino’s regasification terminal, in Italy, in the coming days. Eni announced the milestone on Februar

about 2 years ago
BLUE-X project team (at the kick-off at EOMAP’s Headquarter)
Outlook & Strategy

Seven European partners gather to develop decision support tool for offshore renewables

Seven European partners have teamed up for a project that will see the development of a satellite-based decision support tool to accelerate offshore renewable energy deployments. For upscaling offshore renewables, BLUE-X is set to deliver key data helpful for all five steps of the blue energy lifecy

about 2 years ago
Swedish wave energy firm on the hunt for financial head
Outlook & Strategy

After first phase of operations, CorPower Ocean’s wave energy device ‘proven at commercial scale’

CorPower Ocean’s C4 wave energy converter (WEC) has completed the first cycle of the ocean commissioning program at the Agucadoura site in northern Portugal. Now proven at commercial scale, at the exposed Atlantic test site, CorPower said that the C4 device had demonstrated a unique ability to tune

about 2 years ago
Remotely controlled well completion operation wraps up in Nigeria’s waters, Optime Subsea and SNEPCo
Outlook & Strategy

Remotely controlled well completion operation wraps up in Nigeria’s waters

Shell Nigeria Exploratioration and Production Company (SNEPCo), a subsidiary of the UK-headquartered energy giant Shell, has completed the first remotely controlled well completion operation in 1,060-meter water depth offshore Nigeria. The operation, performed at the Bonga field, was conducted using

about 2 years ago
Lhyfe looking to build 20 MW green hydrogen plant in UK
Outlook & Strategy

Lhyfe looking to build 20 MW green hydrogen plant in UK

French hydrogen producer Lhyfe has unveiled plans for its first UK plant, which, if approved, would have an initial capacity of 20 megawatts (MW), capable of producing up to eight tons of green hydrogen per day. According to Lhyfe, the plant, named Lhyfe Wallsend, aims to supply a range of organizat

about 2 years ago
Increased charter rates and OSV demand lift Siem Offshore up
Outlook & Strategy

Increased charter rates and OSV demand lift Siem Offshore up

Siem Offshore has reported operating revenues of $336 million for the fiscal year 2023, an increase from $274.3 million in 2022, and $85.2 million for Q4 2023, compared to $64.3 million in Q4 2022, said to be caused by an uplift in charter rates, generated by increased demand for offshore support ve

about 2 years ago
HIF links up with Japanese companies for CO2 supply chain and eFuels projects
Outlook & Strategy

HIF links up with Japanese companies for CO2 supply chain and eFuels projects

Houston-headquartered eFuels producer HIF Global and Japanese companies ITOCHU, JFE Steel, and Mitsui O.S.K. Lines (MOL) have signed an agreement to jointly identify and assess potential locations to establish carbon-neutral eFuels facilities in Australia as well as a CO2 supply chain between Austra

about 2 years ago
OCCS
Outlook & Strategy

New South Korean project eyes development of onboard CCS

South Korean boiler specialist Hyundai Heavy Industries Power Systems (HPS), shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE), CO2 capture technology firm CE-TEK and classification society DNV have signed a joint development program agreement for the research and development of onb

about 2 years ago
Samsung Heavy Industries taps GTT for tank design of 15 new LNGCs
Outlook & Strategy

Samsung Heavy Industries taps GTT for tank design of 15 new LNGCs

French LNG containment specialist GTT has received an order from its partner, the Korean shipyard Samsung Heavy Industries (SHI), for the tank design of 15 new liquefied natural gas carriers (LNGCs). According to GTT, the order was received in early 2024 on behalf of a “leading” LNG player. GTT will

about 2 years ago
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