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Outlook & Strategy

First Malta-Italy interconnector back in service after works on second link demanded shutdown

The first interconnector between Italy and Malta has returned to operation after it was shut down due to work on the second interconnector that will connect the two countries. As announced on March 28, the scheduled intervention required the temporary suspension of IC1 to allow for the safe reroutin

about 6 months ago

Outlook & Strategy

DroneQ Robotics gets exclusive rights to use 2014-built research vessel

Dutch advanced unmanned robotics services provider DroneQ Robotics has received exclusive rights to deploy Mark Offshore’s research and survey vessel for its own and third-party projects. This comes as Dutch Mark Offshore signed an agreement with Lithuania’s Klaipėda University to handle the managem

about 6 months ago

Outlook & Strategy

Soil survey underway for Dutch hydrogen and CO2 pipeline network

Fugro and Sweco are carrying out soil investigation fieldwork for a pipeline network that will link three industrial areas in the Netherlands and transport hydrogen and directly captured CO2 to designated offshore storage sites. Commissioned by Gasunie, the Delta Rhine Corridor West (DRC West) infra

about 6 months ago

Outlook & Strategy

Wave energy pilot concludes at Port of Los Angeles

Eco Wave Power has completed its wave energy pilot program at the Port of Los Angeles in the U.S., developed in collaboration with Shell. The duo’s feasibility study of the U.S. coastline identified 77 sites with favorable conditions for potential wave energy projects, after which Eco Wave Power and

about 6 months ago

Outlook & Strategy

Solstad vessel nets contract extension before upcoming long-term deployment

Norway’s Solstad Maritime has won a contract extension for its 2007-built construction support vessel (CSV) Normand Energy with an undisclosed client. The extension period of eight months begins as of today, April 1, and ends on November 30, in direct continuation of the current contract, with furth

about 6 months ago

Outlook & Strategy

Técnicas Reunidas tasked with work for second phase of Canadian natural gas pipeline

LNG Canada, a joint venture between Shell, Petronas, PetroChina, Mitsubishi Corporation, and KOGAS, has awarded engineering company Técnicas Reunidas with a contract for front-end engineering design (FEED) services for Phase 2 of Coastal GasLink, located in British Columbia, on Canada’s west coast,

about 6 months ago

Outlook & Strategy

Norwegian shipowner finalizes sale of 2016-built PSV

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has completed the sale of its 2016-built platform supply vessel (PSV), announced earlier this month. GEOS announced on March 12 that its subsidiary Energy Passion AS had signed a binding sales agreement for the PSV Energy Pas

about 6 months ago

Outlook & Strategy

Lithuanian port home to first joint bio-LNG bunkering in Europe

Low-carbon fuel solutions provider Anew Climate and Avenir, a provider of LNG and bio-LNG for the maritime sector, have performed Europe’s first joint liquefied biomethane (bio-LNG) bunkering operation. During the operation performed at the LNG terminal in the Port of Klaipėda, Lithuania, operated b

about 6 months ago

Outlook & Strategy

BW Energy inks sale and leaseback deal for jack-up drilling rig

Oslo-listed oil and gas E&P player BW Energy has signed a sale and leaseback agreement with China’s Minsheng Financial Leasing (MSFL) for a jack‑up drilling rig. BW Energy will receive an $80 million cash consideration, strengthening financial flexibility while maintaining continued access to the Ja

about 6 months ago

Outlook & Strategy

Malta opens call to probe renewable energy import from North Africa

Malta’s fully government-owned company Interconnect Malta (ICM) has launched a preliminary market consultation (PMC) to gather information from the market on the feasibility of large-scale importing of renewable energy from North Africa to Malta via a cable link. The PMC is seen as a formal, non-bin

about 6 months ago

Outlook & Strategy

Chiyoda, NYK and KNCC jointly pursuing global carbon capture and storage projects

Japanese engineering company Chiyoda Corporation, compatriot shipping major Nippon Yusen Kabushiki Kaisha (NYK Line), and its Norway-headquartered affiliate Knutsen NYK Carbon Carriers (KNCC) have signed a memorandum of understanding (MOU) to collaborate on carbon capture and storage (CCS) projects

about 6 months ago

Outlook & Strategy

Vietnamese player’s ‘super rig’ ready for drilling

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has held the naming ceremony for a multi-purpose jack-up rig it purchased from U.S.-headquartered offshore drilling contractor Noble Corporation in 2025. PV Drilling held a naming ceremony for PV DRILLING IX, which it describes

about 6 months ago

Outlook & Strategy

TotalEnergies’ upstream merger with NEO NEXT crosses finish line

The merger between TotalEnergies’ UK North Sea upstream oil & gas business and NEO NEXT has been completed, resulting in what the French energy giant says is the largest independent oil & gas producer in the UK. To remind, the partners signed an agreement in December 2025 under which TotalEnergies w

about 6 months ago

Outlook & Strategy

History written as CCS technology starts operating on board FPSO

Malaysia’s Yinson Production has put into operation the carbon capture and storage (CCS) unit onboard its floating production, storage, and offloading (FPSO) vessel Agogo, said to be the world’s first post-combustion CO2 capture plant installed on an offshore facility. The milestone is said to be th

about 6 months ago