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Outlook & Strategy

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OneSubsea to support Azule Energy’s production shift from aging to new FPSO
Outlook & Strategy

OneSubsea to support Azule Energy’s production shift from aging to new FPSO

Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has awarded SLB OneSubsea with a contract for the supply of controls umbilicals for a project offshore Angola. The West Hub Tails project, part of the Integrated West Hub (IWH) development in Block 15/06, includes the redirection of

25 days ago
Netherlands becomes home to ‘Europe’s largest’ carbon capture facility
Outlook & Strategy

Netherlands becomes home to ‘Europe’s largest’ carbon capture facility

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A carbon capture facility has been inaugurated in the Netherlands at Yara’s plant, from where CO2 will be transported by ship to Norway for permanent storage under the seabed as part of the Northern Lights project. Deemed Europe’s largest industrial carbon capture facility, it will capture up to 800

25 days ago
Grid-connected wave energy test facility opens in US
Outlook & Strategy

Grid-connected wave energy test facility opens in US

The first fully operational, pre-permitted and grid-connected wave energy test facility in the continental U.S. has opened for business. Officially opened on August 27, PacWave South is located off the coast of Newport, Oregon, and has been developed through the collaboration of the U.S. Department

25 days ago
Isabella LNG carrier, owned by Maran Gas, completed its first LNG loading at Cheniere’s Sabine Pass facility in Louisiana. The vessel is one of several contracted by Equinor to transport LNG under the
Outlook & Strategy

First US LNG cargo puts Equinor on course to double global portfolio by decade-end

Norwegian state-owned energy giant Equinor is scaling up its liquefied natural gas (LNG) ambitions with its first cargo from the U.S. Gulf Coast under long-term supply agreements with Texas-headquartered Cheniere, as the company works to double its global LNG portfolio by 2030.

28 days ago
WATCH: 24-meter USV performs first fully remote project
Outlook & Strategy

WATCH: 24-meter USV performs first fully remote project

The 24-meter-long unmanned surface vessel (USV) Challenger, owned by a joint venture of DeepOcean, Solstad Offshore and Østensjø Rederi, has completed its first fully remote project. GONDAN Shipbuilders started the construction of the USV in March 2024, following the order from the joint venture com

28 days ago
UK subsea contractor’s fleet grows with another SMD ROV
Outlook & Strategy

UK subsea contractor’s fleet grows with another SMD ROV

Film-Ocean, a UK-based subsea contractor providing ROV inspection and intervention services, has taken delivery of another remotely operated vehicle (ROV) from SMD, completing a major fleet investment program. This comes as Film-Ocean took delivery of two Quantum 250-hp heavy-duty work-class ROVs in

28 days ago
Equinor to deploy cable monitoring tech at 9-year-old offshore wind farm
Outlook & Strategy

Equinor to deploy cable monitoring tech at 9-year-old offshore wind farm

Norway’s energy company Equinor has awarded Proserv with a contract for the deployment of cable monitoring technology at the 402 MW Dudgeon offshore wind farm in the UK. Proserv’s ECG Business Unit will deploy its advanced monitoring technology to provide continuous visibility of cable and terminati

29 days ago
AI-powered digital twin to be developed for wave energy technology
Outlook & Strategy

AI-powered digital twin to be developed for wave energy technology

Eco Wave Power’s U.S. subsidiary has entered into an agreement with Germany-based AI engineering to develop an AI-powered digital twin platform for its wave energy technology. The companies have begun Phase 1 of the Eco Wave Power – Digital Twin & Energy-Aware Computing project, combining advanced p

29 days ago
UK’s first offshore CCS project enters construction as huge pipelayer arrives on site
Outlook & Strategy

UK’s first offshore CCS project enters construction as huge pipelayer arrives on site

Offshore construction has started for the UK’s first offshore carbon capture and storage (CCS) project as Saipem’s 325-meter-long vessel Castorone arrives in the Southern North Sea to start pipelaying. Developed some 75 kilometers east of Flamborough Head, the Northern Endurance Partnership (NEP) pr

about 1 month ago
‘Premier integrated offshore services company’ arises as Helix and Hornbeck complete merger
Outlook & Strategy

‘Premier integrated offshore services company’ arises as Helix and Hornbeck complete merger

Texas-headquartered offshore energy services provider Helix Energy Solutions and Hornbeck Offshore Services, a Louisiana-headquartered supplier of offshore transport services, have completed their merger, establishing what they describe as a premier integrated offshore services company. As announced

about 1 month ago
Jan De Nul’s first XL cable layer on sea trials, second to follow
Outlook & Strategy

Jan De Nul’s first XL cable layer on sea trials, second to follow

Jan De Nul’s extra-large cable-laying vessel (CLV) Fleeming Jenkin has started sea trials, soon to be followed by its twin, William Thomson. Jan De Nul placed an order for Fleeming Jenkin at China’s CMHI Haimen shipyard in October 2023, followed by an order for William Thomson in May the following y

about 1 month ago
Keel laid for Korea’s only specialized HVDC installation vessel
Outlook & Strategy

Keel laid for Korea’s only specialized HVDC installation vessel

The Tersan Shipyard in Türkiye has laid the keel for the cable-laying vessel (CLV) it is constructing for South Korean subsea cable installation company LS Marine Solution. LS Marine Solution and the shipyard signed a contract for the construction of the vessel in June 2025, followed by the start of

about 1 month ago
Taiwan-bound subsea construction vessel on its way to Norway for final outfitting
Outlook & Strategy

Taiwan-bound subsea construction vessel on its way to Norway for final outfitting

An offshore subsea construction vessel (OSCV) that Norwegian shipbuilder VARD is building for Taiwan-based Dong Fang Offshore (DFO) has been launched in Romania and will now go to Norway for final outfitting. The 121.3-meter-long vessel of VARD 3 39 design is said to be a highly versatile platform d

about 1 month ago
Singapore’s Kim Heng to incorporate joint venture company in Korea
Outlook & Strategy

Singapore’s Kim Heng to incorporate joint venture company in Korea

Singapore-headquartered offshore marine service contractor Kim Heng and South Korea’s marine and civil work construction company Heungwoo Industrial have entered into a joint venture agreement (JVA) to incorporate a joint venture (JV) company in Korea. Kim Heng’s 50%-owned subsidiary Thaitan Interna

about 1 month ago