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Outlook & Strategy

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DORIS
Outlook & Strategy

French floating solar load modeling specialist gets new owner

French engineering, advisory, and project management services company DORIS has acquired a compatriot company active in the fixed offshore wind, floating offshore wind, and floating solar market. Through acquiring WINDGLAS, DORIS’ scope of service that is to be offered to the offshore wind industry

about 2 years ago
Nexans outperforms 2023 target, makes considerable progress on sustainability agenda
Outlook & Strategy

Nexans outperforms 2023 target, makes considerable progress on sustainability agenda

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In the year in which it saw “considerable progress” on its sustainability agenda, Nexans has reported a “historic high” adjusted EBITDA of €665 million for the 2023 financial year, a +8.2% increase year-on-year, outperforming the target. Nexans’ EBITDA including share-based payment expenses amounted

about 2 years ago
Public feedback sought for planned interconnector between Ireland and Wales
Outlook & Strategy

Public feedback sought for planned interconnector between Ireland and Wales

A series of public consultation events is being held this month to discuss the proposed MaresConnect electricity interconnector between Ireland and Wales. MaresConnect will comprise a cable route of approximately 245 kilometers under the sea and underground between Dublin in Ireland and Bodelwyddan,

about 2 years ago
Eneos to use Honeywell technology for liquid organic hydrogen carrier project
Outlook & Strategy

Eneos to use Honeywell technology for liquid organic hydrogen carrier project

Japan’s energy company Eneos will develop its commercial-scale liquid organic hydrogen carrier (LOHC) project using technology provided by U.S. company Honeywell. According to Honeywell, its LOHC solution enables the long-distance transportation of clean hydrogen and can help meet the growing requir

about 2 years ago
Illustration; Source: MSI
Outlook & Strategy

Interview: With new oil & gas horizons calling, will the North Sea hold sway over its existing rig fleet?

This interview sheds more light on whether there will be a greater rig exodus from the North Sea market and a mass pivot toward other destinations.

about 2 years ago
With environmental decision in place, GAZ-SYSTEM set to proceed with Gdańsk FSRU project
Outlook & Strategy

With environmental decision in place, GAZ-SYSTEM set to proceed with Gdańsk FSRU project

Poland’s natural gas transmission system operator GAZ-SYSTEM has received a decision on the environmental conditions from the Regional Director for Environmental Protection in Gdańsk for the implementation of the FSRU terminal with a subsea gas pipeline at the Port of Gdańsk. According to GAZ-SYSTEM

about 2 years ago
UK oil & gas engineering services firm gets more North Sea work
Outlook & Strategy

Multiple P&A activities on the list for UK firm under £1 million contract

UK-headquartered oil and gas engineering services business Plexus Holdings has secured a contract valued at over £1 million to deliver equipment and services for multiple plug and abandonment (P&A) activities in the North Sea. Under the contract with an undisclosed client, Plexus will provide Exact

about 2 years ago
Fugro settles in South Korea
Outlook & Strategy

Fugro settles in South Korea

Fugro has opened a new office in South Korea as part of a joint venture with South Korean marine technology company UST21 in support of the local offshore wind sector. The new office called Fugro UST21 and located in Incheon will provide geo-data solutions for South Korea’s offshore renewable energy

about 2 years ago
HMM Nuri
Outlook & Strategy

Liner majors rally behind WSC’s GHG pricing mechanism

The World Shipping Council (WSC) is proposing a solution to the challenge of crafting a global greenhouse gas pricing regulation that encourages investment in green fuels, as the UN International Maritime Organisation works towards its target of achieving net-zero carbon emissions in the shipping in

about 2 years ago
Wavepiston opens capital raise to back wave energy system
Outlook & Strategy

Wavepiston opens capital raise to back wave energy system

Denmark’s Wavepiston has opened its next capital raise with the aim of supporting the critical objectives of operating its full-scale wave energy system, among other things. Wavepiston reported that it had on February 8 installed its first full-scale energy collector on the Wavepiston string at the

about 2 years ago
Clipper Ellis Seatrium Solvang
Outlook & Strategy

Seatrium claims world’s 1st full-scale CCS retrofit

Singaporean shipbuilding group Seatrium has secured a turnkey carbon capture and storage (CCS) retrofit contract from Norwegian shipowner Solvang ASA. This pioneering initiative involves the retrofitting of a 7MW Wärtsilä CCS system onto Solvang’s ethylene carrier, the Clipper Eris. The system is ex

about 2 years ago
Shipbuilding order placed for world’s first ammonia-powered containership
Outlook & Strategy

Shipbuilding order placed for world’s first ammonia-powered containership

Yara Clean Ammonia, North Sea Container Line, and Yara International have partnered with CMB.TECH to place a shipbuilding order for the world’s first ammonia-powered containership, Yara Eyde. CMB.TECH revealed the order on February 14, stating that the 1,400 TEU ice-class containership will be built

about 2 years ago
Wärtsilä heads €200M collab to develop autonomous zero-emission balancing power generation
Outlook & Strategy

Wärtsilä heads €200M collab to develop autonomous zero-emission balancing power generation

Technology group Wärtsilä and more than 200 Finnish companies, industrial organizations, research institutes, and universities have formed a consortium to develop autonomous zero-emission balancing solutions for power generation. Wärtsilä will lead this five-year collaboration known as the “Wide & I

about 2 years ago
diving operation as Equinor hires compatriot company for diving intervention services
Outlook & Strategy

Equinor hires compatriot company for diving intervention services

Norway’s energy giant Equinor has signed a long-term frame agreement for diving intervention services with compatriot SubseaPartner. The frame agreement focuses on contingency preparedness for Equinor as the principal user, in addition to 23 other operating companies participating in the Pipeline Re

about 2 years ago